E*TRADE review: fees, features and futures
Morgan Stanley's online broker. Futures run $1.50 per side, with E-nano at half that.
Visit E*TRADEBest for
Investors who want a big-bank broker that also handles futures.
Watch out for
It has the highest margin rates in this comparison: 12.20% at $25,000.
Fees and account details
- Stocks and ETFs
- $0
- Options
- $0.65 per contract; $0.50 at 30+ trades a quarter
- Micro E-mini futures
- $1.50 per side (no separate Micro rate listed)
- E-nano futures
- $0.75 per side
- Also charged
- Exchange and NFA fees extra
- Platform fee
- None
- Minimum deposit
- Not confirmed
- Margin rate, $25,000
- 12.20%
- Margin rate, $100,000
- 11.20%
- Cash yield
- Not confirmed
- Platforms
- Power E*TRADE (web, mobile), E*TRADE app
- Regulation
- Morgan Stanley Smith Barney LLC (FINRA, SIPC); futures through E*TRADE Futures LLC (NFA)
Features and services
- Crypto
- Spot bitcoin, ether and solana through zerohash at 0.50%; not SIPC-protected
- Retirement accounts
- Traditional, Roth, Rollover, SEP, SIMPLE and Inherited IRAs; no contribution match
- International
- Foreign stock trades carry a 1% foreign transaction charge; no forex
- Trading hours
- Pre-market 4:00 to 9:30 AM, after-hours 4:00 to 8:00 PM ET; overnight 8:00 PM to 4:00 AM ET Sunday to Thursday for eligible securities
- Fractional shares
- Pilot covering the S&P 100, by share quantity, $5 minimum
- Prediction markets
- Not found
- Tools and research
- Power E*TRADE with pattern recognition, an earnings-move analyzer, custom scans and paper trading
- Account fees
- $75 to transfer a full account out
- Sign-up offer
- Cash bonus from $50 to $10,000 for opening an account by October 31, 2026 and depositing $1,000+ in new money within 60 days; hold 12 months
- Support
- Phone 24 hours on weekdays
- Account protection
- SIPC up to $500,000 ($250,000 cash) plus Morgan Stanley excess coverage
What's new
- Spot crypto (bitcoin, ether, solana) at 0.50% through zerohash. Source
Sources
Figures come from these E*TRADE pages unless marked "reported." Rates change, so confirm them on the broker's site before opening an account.
- https://us.etrade.com/what-we-offer/pricing-and-rates
- https://us.etrade.com/what-we-offer/our-accounts/crypto
- https://us.etrade.com/knowledge/library/stocks/how-to-place-trade-during-extended-hours
- https://us.etrade.com/what-we-offer/investment-choices/fractional-shares
- https://us.etrade.com/what-we-offer/how-it-works/promo
- https://us.etrade.com/l/f/asset-protection