Account Info | FAQ | E*TRADE (2024)

E*TRADE from Morgan Stanley charges $0 commission for online US-listed stock, ETF, mutual fund, and options trades. Exclusions may apply and E*TRADE from Morgan Stanley reserves the right to charge variable commission rates. The standard options contract fee is $0.65 per contract (or $0.50 per contract for customers who execute at least 30 stock, ETF, and options trades per quarter). The retail online $0 commission does not apply to Over-the-Counter (OTC) securities transactions, foreign stock transactions, large block transactions requiring special handling, futures, or fixed income investments. Service charges apply for trades placed through a broker ($25). Stock plan account transactions are subject to a separate commission schedule. All fees and expenses as described in a fund's prospectus still apply. Additional regulatory and exchange fees may apply. For more information about pricing, visitetrade.com/pricing.

Offer valid for E*TRADE customers with an eligible brokerage (non-retirement) account and funded within 60 days of account opening with $4,000 or more. Promo code: PROMO24

New customer opening only one account

This offer applies to customers who (i) are opening one new E*TRADE from Morgan Stanley self-directed brokerage (non-retirement) account (“E*TRADE account”); (ii) do not have an existing E*TRADE account; and (iii) do not open any other new E*TRADE accounts for 60 days after enrollment in this offer. If you are an existing customer or plan to open more than one E*TRADE account, then please refer to the “Existing Customers or New Customers Opening More than One New Account” terms below.

Cash credits will be granted based on deposits of new funds or securities from external accounts made within 60 calendar days of account opening.

Reward tiers under $200,000 ($50-$999; $1,000-$49,999; $50,000-$99,999; $100,000-$199,999) will be paid within seven business days following the expiration of the 60-day period. However, if you deposit $200,000 or more in the new E*TRADE account, then you will receive your cash credit within seven business days after the date of your deposit, followed by any additional reward owed based on your fulfillment tier at the expiration of the 60-day period. If you have deposited at least $200,000 in the new E*TRADE account and you make subsequent deposits in that new E*TRADE account to reach a higher tier, then you will receive a second cash credit following the close of the 60-day window. For example, if you deposit $250,000 into your new E*TRADE account, then you will receive a cash credit of $600 within seven business days after the date of your deposit. Then if you deposit an additional $300,000 into your new E*TRADE account, then you will receive an additional cash credit of $400 at the end of the 60-day window for a total reward of $1,000. If you deposit $500,000 or more in your new E*TRADE account, then you will receive two cash credits that will total $1,000 within seven business days after the date of your deposit. Cash credits will be paid to the new E*TRADE account where the deposit is made.

Existing customers or new customers opening more than one new account

Existing customers or new customers opening more than one account are subject to different offer terms. Please click here to view offer terms.

OFFER RULES FOR ALL PARTICIPANTS

This offer applies only to E*TRADE from Morgan Stanley self-directed (non-retirement) brokerage accounts.

New funds or securities must (i) be deposited or transferred to the new E*TRADE account within 60 days of enrollment in this offer; (ii) be from accounts outside of E*TRADE; and (iii) remain in the new E*TRADE account (minus any trading losses) for a minimum of six months otherwise your cash credit(s) may be surrendered. For purposes of the value of a deposit, any securities transferred will be valued as of the closing price of that security on the business day the deposit is received as reflected in the transaction history. Removing any deposit or cash during the promotion period (60 days) may result in a lower reward amount or loss of reward.

Any assets transferred to the new E*TRADE account from an existing Morgan Stanley AAA brokerage account(s) will be excluded from the reward amount calculations, at E*TRADE’s sole discretion.

If you are attempting to enroll in this offer with a Joint Account, then the primary account holder may have to fulfill at the tiers noted before the secondary account holder can enroll in this offer. If you experience any issues when attempting to enroll with a Joint Account, then please contact us at 800-387-2331 and we will be able to assist you with your enrollment.

OFFER LIMITATIONS

This offer is valid for one new E*TRADE self-directed brokerage (non-retirement) account and funded within 60 days with a qualifying deposit.

The following account types are excluded from this offer: any business (incorporated or unincorporated) accounts, retirement accounts, advisory accounts, E*TRADE Futures accounts, Morgan Stanley AAA brokerage accounts, Morgan Stanley Private Bank, National Association accounts (“Excluded Accounts”). This offer excludes non-U.S. residents, and residents of any jurisdiction where this offer is not valid. You must be the original recipient of this offer to enroll. Customers may only be enrolled in one offer at a time. This offer cannot be combined with any other offers. Each customer is limited to a maximum of two new account offers.

E*TRADE reserves the right to terminate this offer at any time.

This offer neither is, nor should be construed as a recommendation or solicitation to buy, sell, or hold any security, financial product or instrument or to open a particular account or engage in any specific investment strategy.

Account Info | FAQ | E*TRADE (2024)

FAQs

What is an E*TRADE account? ›

E*TRADE allows investors to trade stocks, mutual funds, ETFs, options and futures. Its bond offerings include core bonds, corporate bonds, ultra short-term bonds, municipal bonds and short-term municipal bonds. The company does not offer forex trading or cryptocurrency.

How do I access my E*TRADE account? ›

The next time you log on to your account:
  1. Enter your E*TRADE user ID and password.
  2. Check the box next to “Use security code”.
  3. Enter the six-digit code from your hardware token in the Security code field.
  4. Click Log on.

How long does etrade take to verify an account? ›

It takes the broker a bit of time to review and verify your application - usually 1-3 days - after which you can make your first deposit and start trading. Opening a brokerage account is not unlike opening a bank account.

Is E*TRADE trustworthy? ›

E*TRADE is known as one of the world's largest online brokers, and for good reason. It offers an expansive range of investment choices and trading tools that are accessible through the website, desktop platform, and two mobile apps. While E*TRADE is strong across all platforms, it truly shines with its mobile apps.

How do I get my money out of E*TRADE? ›

By following these steps diligently, you can efficiently complete the fund withdrawal process on E*TRADE.
  1. Step 1: Log in to Your E*TRADE Account. ...
  2. Step 2: Click on 'Transfer & Pay' Tab. ...
  3. Step 3: Select 'Transfer Money' Option. ...
  4. Step 4: Choose 'Withdraw Money' Option. ...
  5. Step 5: Select the Account to Withdraw From.

How much does ETrade charge per TRADE? ›

Standard commissions for stock and options trades are $0 (plus an additional $0.65 per options contract). For options orders, an options regulatory fee will apply.

Do ETrade accounts have routing numbers? ›

The routing number for E-Trade Bank for domestic and international wire transfer is 256072691. If you're sending a domestic wire transfer, you'll just need the wire routing number in this table. If you're sending an international wire transfer, you'll also need a SWIFT code.

Is ETrade good for beginners? ›

Beginners can access a wide range of educational materials that cover important topics like investment strategies, market analysis, and risk management. Setting up an E*TRADE account is hassle-free, making it convenient for users to start their investment journey quickly and efficiently.

Can I transfer money from my etrade account to my bank account? ›

Once logged in, go to the 'Transfer Money' section and click on 'Transfer to Bank'. From the options provided, select the bank account you want to withdraw funds to. If the desired bank account is not listed, you can add it as a new account. Enter the amount you wish to withdraw and choose the date for the transfer.

How long does it take for Etrade to give me my money? ›

Funds availability will depend on the method of transfer: Transfer money electronically: Up to 3 business days. By check: Up to 5 business days.

Is my money safe in etrade? ›

Cash in brokerage accounts are swept into one or more FDIC-insured depository institutions as part of the Bank Deposit Program and are FDIC insured up to $500,000 for individual and $1,000,000 for joint accounts.

How can I instant transfer with routing and account number without verification? ›

Some methods include: Using peer-to-peer payment platforms like Cash App, PayPal, or Zelle, which allow users to transfer funds using routing and account numbers without requiring extensive verification.

What bank is associated with Etrade? ›

Banking products and services are provided by Morgan Stanley Private Bank, National Association, Member FDIC.

Can I direct deposit into my Etrade account? ›

For bank and brokerage accounts, you can either fund your account instantly online or mail in your direct deposit.

How much does it cost to open a account with E*TRADE? ›

No minimum initial deposit is required to open this account. However, account must be funded within 30 days to remain open. No minimums balance is required to avoid monthly account fees.

Which is better E*TRADE or Ameritrade? ›

Both companies offer commission-free stock and ETF trading, and both brokers have multiple robust platforms for traders and investors to choose from. E*TRADE stands out as the broker with more options for thematic or ESG/SRI screening, while TD Ameritrade has the edge on analytics tools and testing.

What is E*TRADE from Morgan Stanley? ›

E*TRADE from Morgan Stanley provides financial services to retail customers. Securities products and services offered by Morgan Stanley Smith Barney LLC, Member SIPC. Investment advisory services offered by Morgan Stanley Smith Barney LLC, a Registered Investment Adviser.

How do I buy stocks on E*TRADE? ›

Easy steps to start investing online
  1. Open an account. Apply online in about 10 minutes.
  2. Put money in. Add money to pay for the shares you want to buy.
  3. Pick an investment. Use our free screeners or Morgan Stanley equity research.
  4. Place your trade. Our intuitive website and mobile app will guide you.

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