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About the company

Legal company nameE*TRADE Futures LLC · Morgan Stanley Smith Barney LLC · E*TRADE Financial Corporate Services, Inc. · Morgan Stanley Private Bank, National Association
Year founded1982
Headquarters / registered countryChicago, United States
Websiteus.etrade.com
Last checked09.11.2026

According to its official website, E*TRADE is an online brokerage brand founded in 1982 by William Porter and Bernard Newcomb as TradePlus, which placed its first online trade on 11 July 1983 and today operates as part of Morgan Stanley under the name "E*TRADE from Morgan Stanley". Securities products and investment advisory services are offered by Morgan Stanley Smith Barney LLC, a SIPC member and registered investment adviser, commodity futures and futures options by E*TRADE Futures LLC, an NFA member, stock plan administration by E*TRADE Financial Corporate Services, Inc., and banking products by Morgan Stanley Private Bank, National Association, member FDIC; all are separate but affiliated subsidiaries of Morgan Stanley. Crypto trading takes place outside Morgan Stanley through a separate account with Zero Hash LLC. Clients trade stocks, ETFs, mutual funds, options, futures, bonds, IPOs and crypto on the E*TRADE web and mobile platform and on Power E*TRADE Web, App and Pro; the site lists $0 commissions on online stock, ETF and mutual fund trades, $0.65 per options contract, $1.50 per futures contract per side and a 0.50% fee on crypto trades. This information is the company's own statement.

Account Details

ACCOUNT TYPESBrokerage account · Retirement (IRA) · Banking accounts (Morgan Stanley Private Bank) · Futures account · Automated investing and advised accounts
MIN. DEPOSITNot stated
PLATFORMSE*TRADE web and mobile app · Power E*TRADE Web and App · Power E*TRADE Pro (desktop)
PRODUCTSStocks · ETFs · Mutual funds · Options · Futures and futures options · Bonds and CDs · IPOs · Cryptocurrency (through Zero Hash LLC)

Licences and regulation

CFTC (United States)

Licence no.NFA ID 0401545
Licence holderETRADE Futures LLC
ScopeNFA BASIC: NFA member (approved); registrations: FCM. CFTC FCM list (30 Sep 2026): futures commission merchant (FCM); DSRO NFA; retail forex obligation none. Morgan Stanley group entity providing the futures services on the site.
StatusVerified

SEC (United States)

Licence no.SEC 8-68191 · CRD 149777
Licence holderMorgan Stanley Smith Barney LLC
ScopeFINRA BrokerCheck: SEC-registered broker-dealer, FINRA member, Approved; FINRA approval 19 May 2009, Purchase, NY; 53 state registrations; disclosures: 66 regulatory event, 119 arbitration. BrokerCheck name Morgan Stanley (also E*TRADE from Morgan Stanley); securities broker-dealer on the site.
StatusVerified
USER REPORTS

User complaints

User reports found online are classified by topic. The reports are compiled from records on Trustpilot, WikiFX, Şikayetvar and FastBull, and one person's records count once.

There are no classified user reports for this institution yet.

Sources and verification history

Official company sourcesus.etrade.com — homepage, Futures, Futures Financial Information and Disclosure Documents (E*TRADE Futures LLC), Why E*TRADE (Our Story), Pricing and Rates and Platforms pages; morganstanley.com — Subsidiaries (Morgan Stanley Smith Barney LLC)
Regulator recordsNFA BASIC — ETRADE FUTURES LLC, NFA ID 0401545 (nfa.futures.org, 9 Nov 2026) · CFTC FCM financial data list (30 Sep 2026) · FINRA BrokerCheck — Morgan Stanley Smith Barney LLC (BrokerCheck name Morgan Stanley), CRD 149777 (9 Nov 2026)
Company registerVerified source to be added
User feedback sourcesTrustpilot · Şikayetvar · WikiFX · FastBull
Last verified09.11.2026
SAME CATEGORY

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Frequently asked questions

Is E*TRADE trustworthy?

According to the data, E*TRADE has 2 verified licences (CFTC, SEC); there are no classified user reports yet. This page does not express an opinion; licence records come from official registers and reports from sourced records.

Which licences does E*TRADE hold?

Licences verified in official registers: CFTC (United States) – NFA ID 0401545; SEC (United States) – SEC 8-68191 · CRD 149777.

Are there complaints about E*TRADE?

No classified user reports about E*TRADE yet. Sources: Trustpilot, Şikayetvar, WikiFX, FastBull.

How can I file a complaint about E*TRADE?

Use the "File a Complaint" button on this page to open the form; the institution is preselected. Describe the issue, the date and attach any supporting documents. The complaint is reviewed by our team, published if eligible and forwarded to the institution; with the tracking link you receive, you can follow the process and the institution’s reply.

How is the information about E*TRADE verified and when was it last checked?

Licence records are checked against official registers (last verification 09.11.2026). Complaint records are re-scanned every month on Trustpilot, Şikayetvar, WikiFX, FastBull. The institution’s details were last checked on 09.11.2026.

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