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   * Managed Portfolios
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   * Stocks
   * Options
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   * Prebuilt Portfolios
   * IPO / New Issues
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   * Execution Quality
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   * Events
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INVEST AND TRADE YOUR WAY

$0 commission trades.1 Open an account in just a few minutes.
Get started


GET UP TO $600 FOR A LIMITED TIME1 LEARN HOW

Just open a new E*TRADE brokerage or retirement account with a qualifying
deposit by April 18, 2023.

Use promo code: BONUS23
Open an account


WHY E*TRADE?



$0 COMMISSIONS1

FOCUS ON YOUR FUTURE, NOT FEES

Online US-listed stocks, ETFs, mutual funds, and options.



PRODUCT CHOICES

FULL RANGE OF INVESTMENTS

Pursue your goals with stocks, options, ETFs, mutual funds, and more.



EASY-TO-USE TOOLS

POWERFUL, INTUITIVE PLATFORMS

Trade online, through Power E*TRADE, or with our award-winning apps.2



MARKET INSIGHTS

FIND YOUR NEXT OPPORTUNITY

Get timely market analysis, plus free Morgan Stanley equity research.



CORE PORTFOLIOS

AUTOMATED INVESTMENT MANAGEMENT

Get a diversified portfolio that’s monitored and managed for a low annual
advisory fee of 0.30% and $500 minimum.3



RETIREMENT ACCOUNTS

TAKE CONTROL OF TOMORROW

We’ll help you plan and invest for life after work.


A ONE-STOP SHOP FOR YOUR FINANCES

New to online investing? Start here arrow_forward


LONG-TERM INVESTING

Take aim at your future goals with an online experience.

 * Easy-to-use website and mobile app
 * Broad range of account types
 * Insightful education and guidance

Learn more arrow_forward


TRADING

Tackle the markets with a package of resources engineered for those who love to
trade.

 * 65¢ options contracts and $1.50 futures contracts4
 * Robust tools and dynamic charts
 * Specialized trading support

Learn more arrow_forward


SAVINGS AND CHECKING

Get convenient, low-fee banking from Morgan Stanley Private Bank.

 * FDIC insured
 * Free cash transfers
 * Competitive rates

Learn more arrow_forward


FREQUENTLY ASKED QUESTIONS

See all FAQs




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 WHERE CAN I FIND INFORMATION ON THE MERGER WITH MORGAN STANLEY?

Check out or comprehensive FAQS on what the merger means for you.

 HOW DO I OPEN AN ACCOUNT?

Online

 1. Choose the type of account you want. Then complete our E*TRADE from Morgan
    Stanley brokerage or Morgan Stanley Private Bank online application.
 2. For bank and brokerage accounts, you can either fund your account instantly
    online or mail in your direct deposit.

By Phone

Call 800-387-2331

By Mail

 1. Download an application and then print it out.
 2. Complete and sign the application.
 3. Send the application with a check made payable to E*TRADE Securities or
    Morgan Stanley Private Bank (depending on the type of account you're
    opening) to the appropriate address.

New to online investing? See how E*TRADE can help


 HOW DO I PLACE A TRADE?

At E*TRADE, we make it easy to trade stocks, bonds, ETFs, mutual funds, and
more. Watch our platform demos or join us live every Wednesday at 11 a.m. ET for
a 20-minute getting started webinar. We’ll show you how to place an order, and
answer any questions you have during a live Q&A session. All with no hold times!

 WHAT ARE YOUR COMMISSIONS AND FEES?

E*TRADE Securities offers $0 commissions for online US-listed stock, ETF, mutual
fund, and options trades - other rates and fees may apply.


View all rates and fees.

 HOW DO YOU ENSURE THE SECURITY AND PRIVACY OF MY ACCOUNT?

Protecting our customers' personal and financial information is one of our top
priorities. In addition to some of the most advanced online security available,
we offer the E*TRADE Complete Protection Guarantee, which protects your privacy,
your assets, and every transaction you make.

 * Complete fraud protection: $0 liability for unauthorized use of your account.
 * Complete payment protection: Plus on-time, accurate online Bill pay and
   Transfer Money.
 * Complete privacy protection: We will not sell your personal information to
   third parties or marketers for any purpose.
 * An optional Digital Security ID: Unauthorized logon is virtually impossible.
 * Electronic documents: Help curb identity theft (you receive statements and
   account documents online instead of by mail).
 * Alerts: You receive customized reports of account activity and every
   transaction by email or mobile phone.

For complete details, visit www.etrade.com/protection.


GET UP TO $600 FOR A LIMITED TIME1 LEARN HOW

Just open a new E*TRADE brokerage or retirement account with a qualifying
deposit by April 18, 2023.

Use promo code: BONUS23
Open an account


ETRADE FOOTER



ABOUT US 

 * Company Overview
 * Investor Relations
 * Newsroom
 * Careers
 * Privacy
 * About Our Ads
 * Accessibility at E*TRADE

SERVICE 

 * Contact Us
 * FAQs
 * Forms and Applications
 * Financial Consultants

QUICK LINKS 

 * Open An Account
 * Fund My Account
 * Cash Management
 * Stock Plans
 * Executive Services
 * Refer a Friend
 * Security Center
 * Site Map

CONNECT WITH US

phone 800-387-2331

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CHECK THE BACKGROUND OF E*TRADE SECURITIES LLC AND MORGAN STANLEY SMITH BARNEY
LLC ON FINRA'S BROKERCHECK AND SEE
E*TRADE SECURITIES LLC AND E*TRADE CAPITAL MANAGEMENT, LLC RELATIONSHIP
SUMMARY AND
MORGAN STANLEY SMITH BARNEY LLC RELATIONSHIP SUMMARY.

Investment Products • Not FDIC Insured • No Bank Guarantee • May Lose Value

PLEASE READ THE IMPORTANT DISCLOSURES BELOW.

BANKING PRODUCTS AND SERVICES ARE PROVIDED BY MORGAN STANLEY PRIVATE BANK,
NATIONAL ASSOCIATION, MEMBER FDIC.





Important Note: Futures and options transactions are intended for sophisticated
investors and are complex, carry a high degree of risk, and are not suitable for
all investors. For more information, please read the Characteristics and Risks
of Standardized Options and the Risk Disclosure Statement for Futures and
Options prior to applying for an account. You can also view the E*TRADE Futures
LLC Financial Information and Disclosure Documents.





The fund's prospectus contains its investment objectives, risks, charges,
expenses and other important information and should be read and considered
carefully before investing. For a current prospectus, visit
www.etrade.com/mutualfunds or visit the Exchange-Traded Funds Center at
www.etrade.com/etf.





Investing in securities involves risk, including possible loss of principal.
Past performance is not an indication of future results. Supporting
documentation for any claims will be provided upon request.



 1. E*TRADE charges $0 commission for online US-listed stock, ETF, mutual fund,
    and options trades. Exclusions may apply and E*TRADE 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, visit etrade.com/pricing.
    
     
    
    E*TRADE credits and offers may be subject to US withholding taxes and
    reporting at retail value. Taxes related to these credits and offer are the
    customer’s responsibility. Cash credits for Individual Retirement Accounts
    are treated as earnings for tax purposes. E*TRADE and its affiliates do not
    provide tax advice.
    
    Offer valid for new E*TRADE Securities customers opening one new eligible
    retirement or brokerage account by 4/18/2023 and funded within 60 days of
    account opening with $5,000 or more. Promo code 'BONUS23'.
    
    New customer opening one account: These rules strictly apply to customers
    who are opening one new E*TRADE account, do not have an existing E*TRADE
    account and do not open any other new E*TRADE accounts for 60 days after
    enrollment in this offer. For other circumstances, please refer to the
    “Existing Customers or New Customers Opening More than One Account”
    disclosures below.
    
    Cash credits will be granted based on deposits of new funds or securities
    from external accounts made within 60 days of account opening, as follows:
    $5,000-$19,999 will receive $50; $20,000-$49,999 will receive $100;
    $50,000-$99,999 will receive $200; $100,000-$199,999 will receive $300;
    $200,000-$499,999 will receive $600; $500,000-$999,999 will receive $1,200;
    $1,000,000-$1,499,999 will receive $2,500; $1,500,000 or more will receive
    $3,500.
    
    Reward tiers under $200,000 ($5,000-$19,999; $20,000-$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, you will receive a cash credit within seven business days,
    followed by any additional reward based on your fulfillment tier at the
    expiration of the 60 day period. If you have deposited at least $200,000 in
    the new account, and you make subsequent deposits in that account to reach a
    higher tier, you will receive a second cash credit following the close of
    the 60 day window. For example, if you deposit $250,000, you will receive a
    cash credit of $600 within seven business days, then if you deposit an
    additional $300,000 into your new account, you will receive an additional
    cash credit of $600 at the end of the 60 day window for a total reward of
    $1,200. If you deposit between $200,000 and $1,499,999 in your new account,
    you will receive a cash credit in two transactions at the end of the 60 day
    window—depending on your initial funding amount. If you deposit $1,500,000
    or more in your new account, you will receive two cash credits that will
    total $3,500 within seven business days. Cash credits will be paid to the
    account where the deposit is made.
    
    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: New funds or securities must be deposited
    or transferred within 60 days of enrollment in offer, be from accounts
    outside of E*TRADE, and remain in the account (minus any trading losses) for
    a minimum of six months or the 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 the securities at market on the business
    day the deposit is received as reflected in transaction history. Removing
    any deposit or cash during the promotion period (60 days) may result in
    lower reward amount or loss of reward. Any assets transferred from Morgan
    Stanley accounts to E*TRADE are not considered to be from accounts outside
    of E*TRADE and may not be included for purposes of offer eligibility or
    reward amount calculations, at E*TRADE’s sole discretion.
    
    If you are attempting to enroll in this offer with a Joint Account, 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, please contact us
    at 800-387-2331 and we will be able to assist you with your enrollment.
    
    Offer limitations: Offer valid for E*TRADE Securities brokerage, Coverdell,
    and the following types of E*TRADE retirement accounts: Traditional IRA,
    Individual 401(k), Roth Individual 401(k), Roth IRA, Rollover IRA,
    Beneficiary Roth IRA, and Beneficiary Traditional IRA
    
    This offer is not valid for any business (incorporated or unincorporated)
    accounts, other E*TRADE Securities retirement account types (SEP IRA, SIMPLE
    IRA, retirement accounts for minors, profit sharing plans, money purchase
    pension plans and investment only noncustodial retirement plans, Beneficiary
    IRA Estate, Beneficiary IRA Trust, Beneficiary Roth IRA Estate, Beneficiary
    Roth IRA Trust), E*TRADE Capital Management, E*TRADE Futures, and Morgan
    Stanley Private Bank, National Association accounts. 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. Cannot be combined with any other
    offers. Each customer limited to a maximum of two new account offers.
    
    E*TRADE Securities reserves the right to terminate this offer at any time.
    
    Consolidation is not right for everyone, so you should carefully consider
    your options. Before deciding whether to retain assets in a retirement plan
    account through a former employer, roll them over to a qualified retirement
    plan account through a new employer (if one is available and rollovers are
    permitted), or roll them over to an IRA, an investor should consider all his
    or her options and the various factors including, but not limited to, the
    differences in investment options, fees and expenses, services, the
    exceptions to the early withdrawal penalties, protection from creditors and
    legal judgments, required minimum distributions, the tax treatment of
    employer stock (if held in the qualified retirement plan account), and the
    availability of plan loans (i.e., loans are not permitted from IRAs, and the
    availability of loans from a qualified retirement plan will depend on the
    terms of the plan). For additional information, view the FINRA Website.
    
    If you have multiple IRAs at E*TRADE or at other financial institutions, the
    annual contribution limit applies to contributions made to all of your IRAs
    (traditional and Roth IRAs) combined which can impact your ability to make a
    contribution to an IRA for the current tax year.  Before making a
    contribution, check your other IRAs and refer to the Contribution Limits
    Table for more details.
    
    E*TRADE Securities LLC and its affiliates do not provide tax advice, and you
    should always consult your own tax advisor regarding your personal
    circumstances before taking any action that may have tax consequences.
    
    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.

 2. In StockBrokers.com's 2022 Online Broker Review of 15 firms across 200
    different variables issued January 11, 2022, and based on evaluation
    conducted from January 1, 2021 – December 31, 2021, E*TRADE was awarded the
    #1 Trader App, and #1 Web Trading Platform Awards. In addition, E*TRADE
    received eleven Best in Class distinctions: Best Overall, Mobile Trading
    Apps, Customer Service, Offering of Investments, Options Trading, Beginners,
    IRA Accounts, Futures Trading, Active Trading, Education, and Ease of Use.
    E*TRADE's star ratings for all category rankings out of 5: Overall (5.0
    stars), Commissions & Fees (4.5 stars), Offering of Investments (5.0 stars),
    Platforms & Tools (4.5 stars), Research (4.5 stars), Mobile Trading (5.0
    stars), Ease of Use (5.0 stars), Education (4.5 stars), Customer Service
    (4.5 stars). Read the 2022 Online Broker Review.
 3. The Annual Advisory Fee is 0.30%, or as low as $1.50 for $500 in assets, and
    is the direct fee charged to any client in the advisory program. The
    advisory fee does not cover underlying management fees and expenses of any
    mutual fund or ETF investment held in the portfolio. 
 4. Each futures trade is $1.50 (per side, per contract, plus exchange fees),
    excluding cryptocurrency futures trades, which are $2.50 (per side, per
    contract, plus exchange fees). In addition to the per contract, per side
    commission, futures customers may be assessed additional fees, including
    applicable futures exchange and National Futures Association fees, as well
    as brokerage charges for execution of non-electronically traded futures and
    futures options contracts. These fees are not established by E*TRADE and
    will vary by exchange. E*TRADE may participate in U.S. futures exchange
    rebate programs pursuant to which E*TRADE may receive remuneration based on
    the quantity or volume of orders submitted or trades executed by E*TRADE
    customers on such exchanges.

Prior to investing in a managed portfolio, E*TRADE Capital Management will
obtain important information about your financial situation and risk tolerances
and provide you with a detailed investment proposal, investment advisory
agreement, and wrap fee programs brochure. These documents contain important
information that should be read carefully before enrolling in a managed account
program. Please read the E*TRADE Wrap Fee Programs Brochure for more information
on the advisory fee, rebalancing methodologies, portfolio management,
third-party transactions, affiliations, and services offered.





Securities products offered by E*TRADE Securities LLC (ETS), Member SIPC or
Morgan Stanley Smith Barney LLC (MSSB), Member SIPC. Investment advisory
services offered by E*TRADE Capital Management, LLC (ETCM) or MSSB. Commodity
futures and options on futures products and services offered by E*TRADE Futures
LLC, Member NFA. Stock plan administration solutions and services offered by
E*TRADE Financial Corporate Services, Inc. Banking products and services are
provided by Morgan Stanley Private Bank, National Association, Member FDIC. All
entities are separate but affiliated subsidiaries of Morgan Stanley.

Throughout 2023, ETS and ETCM will be transitioning existing clients to MSSB.
Learn more about this transition. 

System response and account access times may vary due to a variety of factors,
including trading volumes, market conditions, system performance, and other
factors.

Statement of Financial Condition | About Asset Protection | Account Agreements
and Disclosures | Quarterly 606 Report | Business Resiliency Plan

©2023 E*TRADE from Morgan Stanley. All rights reserved. E*TRADE Copyright Policy



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