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E*TRADE announces commission-free trading on mutual funds | Jobs Vox

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“With E*TRADE now part of the Morgan Stanley wealth management ecosystem, the sum is greater than its parts, enabling us to provide best-of-breed solutions that meet the needs of the E*TRADE client base.”

E*TRADE Eliminates All Trading Commissions and Upfront Fees for Mutual Fund Online Transactions Mutual funds now offer E*TRADE $0 online commission for US-listed stocks, ETFs and options trading. .

Morgan Stanley’s brokerage division has recently made a few improvements, including access to Morgan Stanley’s global research (such as quarterly mutual fund opinion at no cost to all clients), greater access to initial public offerings, and improvements to the E*TRADE robo-advisor. Offering core portfolios.

All of these improvements were made possible by E*TRADE’s integration into the Morgan Stanley wealth management ecosystem.

6,500 on commission-free mutual funds at E*TRADE

E*TRADE from Morgan Stanley offers over 6,500 commission-free mutual funds. Clients can use the Fund Screener to find funds that match their goals and investment strategies.

“Being able to add mutual funds to E*TRADE’s no-commission offering is further proof that joining Morgan Stanley has been a great benefit to our clients,” said Chad Turner, head of Morgan Stanley’s wealth management digital direct channel. Provide the best investment experience possible. E*Trade has a long history of being an innovator in the industry and we are proud to be able to advance this narrative as part of Morgan Stanley.

Ben Hunecke, head of investment solutions at Morgan Stanley Wealth Management, said: “We are always looking to develop new investment solutions that add value to ourselves and the industry. Now that E*TRADE is part of the Morgan Stanley wealth management ecosystem, the sum is truly greater than its parts, enabling us to provide best-of-breed solutions that meet E*TRADE’s client needs.

E*TRADE charges $0 commission to trade US-listed stocks, mutual funds, ETFs and options online

Basic mutual fund fees and expenses apply as described in each fund’s prospectus. E*TRADE receives revenue sharing and management service fees from most funds and/or their affiliates. Investors are subject to other fees charged by E*TRADE.

E*TRADE charges $0 commission to trade US-listed stocks, mutual funds, ETFs and options online. Standard options contract fees are $0.65 per contract (or $0.50 per contract for clients who trade at least 30 stocks, ETFs, and options each quarter). Retail Online’s $0 commission does not apply to over-the-counter (OTC), foreign stock transactions, large block transactions requiring special handling, futures or fixed income investments.

Basic mutual fund/ETF expenses apply. Service fees apply to transactions through a broker ($25). Stock plan account transactions are subject to a separate commission schedule. Additional regulatory and currency exchange fees may apply. All fees and expenses as stated in the prospectus will still apply. For more information on pricing, visit etrade.com/pricing.

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