E*TRADE

E*TRADE is one of the original online brokerages. Now owned by Morgan Stanley, it offers a powerful platform for stock, options, and futures trading, along with banking services.

Frequently Asked Questions

1. What are the commissions?

$0 for online US stock, ETF, and options trades (options carry a contract fee).

2. Is it good for options?

Yes. Power E*TRADE is considered one of the best platforms for options traders.

3. Is there a minimum?

$0 minimum to open a brokerage account.

4. Do they offer checking?

Yes. They offer premium savings and checking accounts.

5. Is it safe?

Yes. E*TRADE is a member of SIPC and backed by Morgan Stanley.