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Broker review
E*TRADE (Morgan Stanley) review
Best for: Beginners who want to grow into serious tools.
A veteran broker with a clean beginner app and the pro-grade Power E*TRADE platform waiting when you're ready — now with fractional shares and direct crypto trading.
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with these brokers and earns no commission if you open an account — the links below go directly
to each provider's own site. See our full disclosure.
Stocks / ETFs
$0
Options / contract
$0.65/contract*
Account minimum
$0
Fractional shares
Yes
IRA / Roth
Traditional, Roth, rollover
* $0.50/contract for customers with 30+ stock, ETF, and options trades per quarter.
Standout features
- Two platforms in one: an easy app for starters, Power E*TRADE for active traders.
- Fractional shares and direct crypto trading added in 2026.
- A 0%-expense-ratio index fund lineup and full Morgan Stanley banking integration.
Honest drawbacks
- $75 fee to transfer your entire account to another broker.
- Margin rates run higher than peers like Interactive Brokers.
- Uninvested cash earns relatively low interest; no forex trading.
Open an account at E*TRADE (Morgan Stanley) →
Link goes directly to E*TRADE (Morgan Stanley)'s own site. Fees and features verified September 2026. Brokers change pricing without notice — confirm current terms on the provider's site before opening an account.
Sources
- Motley Fool: E*TRADE review (2026) (checked Sep 2026)
- E*TRADE pricing (official, via BusinessWire) (checked Sep 2026)
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