E*TRADE is the pioneer of online trading for retail investors and now part of Morgan Stanley, a leading global financial services firm renowned for the quality of its wealth management, investment advisory services, research, and market insights.

Did you know that E*TRADE is now part of Morgan Stanley? This means you can access Morgan Stanley's decades of wealth management and investment planning experience, along with E*TRADE's personal trading capabilities across a full range of investment products – bringing together the best of both worlds.

On a conference call announcing the acquisition, Morgan Stanley CEO, James Gorman, said the firm was seeking a “durable source of revenue” and that the deal was an example of the firm's “commitment to evolving with changing industry dynamics.” Among those changing dynamics is one where a brokerage firm like Morgan ...

As a result of this transfer, Morgan Stanley will become your broker-dealer of record and assume responsibility for back-office functions currently provided to you by E*TRADE, such as custody of your securities, funds, and other assets in your account(s), clearing and settling of securities transactions, margin, and ...

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.

E*TRADE: Best Broker for Ease of Use

• Account Minimum: $0.
• Fees: No commission for stock/ETF trades. Options are $0.50-$0.65 per contract, depending on trading volume.

The bottom line: E*TRADE has long been one of the most popular online brokers. The company's $0 commissions and strong trading platforms appeal to active traders, while beginner investors benefit from a large library of educational resources.

October 2nd Morgan Stanley (NYSE:MS) completed its acquisition of E*Trade (NASDAQ:ETFC) on October 2nd. ETFC owners received 1.0432 shares of Morgan Stanley for each share of E*Trade they held. Morgan Stanley's acquisition of E*Trade was announced February 20th.

Morgan Stanley (NYSE:MS) completed its acquisition of E*Trade (NASDAQ:ETFC) on October 2nd. ETFC owners received 1.0432 shares of Morgan Stanley for each share of E*Trade they held. Morgan Stanley's acquisition of E*Trade was announced February 20th.

And the people have spoken: Morgan Stanley is once again No. 1 in Institutional Investor's 2021 All-America Sales Team, an annual ranking of the Wall Street firms with the best sales professionals.

ETrade makes money through offering discounted brokerage services to stock traders, investors, financial professionals, and other individuals. ETrade earns payments from orders and collects interest that it earns on the free float.

E*TRADE's investing tools, educational resources, large selection of no-transaction-fee mutual funds and innovative trading technology will suit all types of investors. Active traders will love the $0 commissions, and beginners will easily get up to speed with the company's deep educational resources.