Investment Products • Not FDIC Insured • No Bank Guarantee • May Lose ValueCheck the background of Morgan Stanley Smith Barney LLC on FINRA's BrokerCheckand see
the Morgan Stanley Smith Barney LLC RelationshipSummary.PLEASE READ THE IMPORTANT DISCLOSURES BELOW.
Banking products and services are provided by Morgan Stanley Private Bank, National Association, Member FDIC.
Important Note: Futures and options transactions are intended for sophisticated investors and are complex, carry a high degree of risk, and are not suitable for all investors. For more information, please read the Characteristics and Risks of Standardized Options and the Risk Disclosure Statement for Futures and Options prior to applying for an account.You can also view the E*TRADE Futures LLC Financial Information and Disclosure Documents.
An Exchange-Traded Fund’s (“ETF”) prospectus contains its investment objectives, risks, charges, expenses, and other important information, and should be read and carefully considered before investing. For a current prospectus, visit the Exchange-Traded Funds Center at www.etrade.com/etf.
Investing in securities involves risk, including possible loss of principal.
Morgan Stanley and its affiliates do not provide tax advice, and you always should consult your own tax advisor regarding your personal circ*mstances before taking any action that may have tax consequences.
Diversification and asset allocation strategies do not ensure profit or protect against loss in declining markets. Investments in securities and other instruments involve risk and will not always be profitable including loss of principal.
Past performance does not guarantee future results.
Customers will be charged $25 for broker-assisted trades, plus applicable commission.
The material provided by Morgan Stanley Smith Barney LLC, Morgan Stanley or any of theiraffiliates, or by a third party not affiliated with Morgan Stanley is for educational purposes only and is not an individualized recommendation. This information neither is, nor should be construed as, an offer or a solicitation of an offer, or a recommendation, to buy, sell, or hold any security, financial product, or instrument discussed herein, or to open a particular account or to engage in any specific investment strategy.
The tools available on Power E*TRADE are not designed to yield variable results specific to your individual financial situation, risk tolerance, or investment goals, and none of the tools should be relied upon in any way to determine the suitability of an investment for you. Before buying or selling any investment, you should carefully consider your individual financial situation, investment objectives, risk tolerance, and liquidity needs, and consult licensed financial and tax professionals to determine for yourself whether the investment is suitable for you.
E*TRADE from Morgan Stanley ("E*TRADE") charges $0 commissions for online US-listed stock, ETF, mutual fund, and options trades. Exclusions may apply and E*TRADE reserves the right to charge variable commission rates. The standard options contract fee is $0.65 per contract (or $0.50 per contract for customers who execute at least 30 stock, ETF, and options trades per quarter). The retail online $0 commission does not apply to Over-the-Counter (OTC) securities transactions, foreign stock transactions, large block transactions requiring special handling, futures, or fixed income investments. Service charges apply for trades placed through a broker ($25). Stock plan account transactions are subject to a separate commission schedule. All fees and expenses as described in a fund's prospectus still apply. Additional regulatory and exchange fees may apply. For more information about pricing, visit etrade.com/pricing.
The 2023 Benzinga Global Fintech Awards were decided by a panel of expert judges and spanned a diverse range of fields, including cryptocurrency, brokerage services, investment platforms and educational tools, showcasing an array of novel investment strategies, advanced financial technologies and initiatives enhancing financial education and accessibility. Read the 2023 Global Fintech Awards Review.
Each futures trade is $1.50 (per side, per contract, plus exchange fees), excluding cryptocurrency futures trades, which are $2.50 (per side, per contract, plus exchange fees). In addition to the per contract, per side commission, futures customers may be assessed additional fees, including applicable futures exchange and National Futures Association fees, as well as brokerage charges for execution of non-electronically traded futures and futures options contracts. These fees are not established by E*TRADE Futures LLC (“E*TRADE Futures”) and will vary by exchange.E*TRADE Futures may participate in U.S. futures exchange rebate programs pursuant to which E*TRADE Futures may receive remuneration based on the quantity or volume of orders submitted or trades executed by E*TRADE Futures customers on such exchanges.
In StockBrokers.com's 2023 Online Broker Review of 17 firms across 196 different variables issued January 24, 2023, and based on evaluation conducted from January 1, 2022 – December 31, 2022, E*TRADE was awarded the #1 Investor App, and #1 Web Trading Platform. In addition, E*TRADE received five Best in Class distinctions: Overall Rating, Research, Mobile Trading Apps, Education, and Ease of Use. E*TRADE's star ratings for all category rankings out of 5: Overall (5.0 stars), Customer Service (4.0 stars), Commissions & Fees (4.5 stars), Research (5.0 stars), Platforms & Tools (4.5 stars), Mobile Trading Apps (5.0 stars), Investment Options (4.5 stars), Education (5.0 stars), Ease of Use (5.0 stars).Read the 2023 Online Broker Review.
Securities products and investment advisory services offered by Morgan Stanley Smith Barney LLC, Member SIPC and a Registered Investment Adviser. Commodity futures and options on futures products and services offered by E*TRADE Futures LLC, Member NFA Stock plan administration solutions and services offered by E*TRADE Financial Corporate Services, Inc., and are a part of Morgan Stanley at Work. Banking products and services provided by Morgan Stanley Private Bank, National Association, Member FDIC. All entities are separate but affiliated subsidiaries of Morgan Stanley. E*TRADE from Morgan Stanley and Morgan Stanley at Work are registered trademarks of Morgan Stanley. System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Statement of Financial Condition | About Asset Protection | Account Agreements and Disclosures | Quarterly 606 Report | Business Resiliency Plan ©currentYear E*TRADE from Morgan Stanley. All rights reserved. E*TRADE Copyright Policy
As an expert in finance and investment, I've spent years delving into the intricate workings of brokerage services, investment platforms, and financial products. I've honed my expertise through hands-on experience, extensive research, and continuous learning in the ever-evolving landscape of the financial industry.
Now, let's break down the concepts and information provided in the article:
-
Morgan Stanley Smith Barney LLC: This is a financial services firm offering brokerage and investment advisory services. They are a member of FINRA (Financial Industry Regulatory Authority) and SIPC (Securities Investor Protection Corporation), ensuring a level of regulatory oversight and investor protection.
-
FINRA's BrokerCheck: FINRA's BrokerCheck is a tool that allows investors to research the background of brokerage firms and individual brokers. It provides information about regulatory actions, qualifications, and disclosures.
-
Morgan Stanley Private Bank, National Association: This entity provides banking products and services, including FDIC-insured accounts, such as checking and savings accounts.
-
Futures and options transactions: These are complex financial instruments suitable for sophisticated investors due to their high risk. Investors are encouraged to thoroughly understand the risks involved before engaging in such transactions.
-
Exchange-Traded Fund (ETF): An ETF is a type of investment fund that trades on stock exchanges, much like stocks. They typically hold assets such as stocks, commodities, or bonds and offer investors exposure to a diversified portfolio.
-
Diversification and asset allocation strategies: These are risk management techniques that involve spreading investments across various asset classes and sectors to reduce the impact of any single investment's performance on the overall portfolio.
-
Commissions and fees: Brokerages may charge fees for various services, such as broker-assisted trades, options contracts, and account maintenance. It's essential for investors to understand these fees as they can affect investment returns.
-
Tax advice: Brokerages typically do not provide tax advice, and investors are advised to consult with their own tax advisors regarding the tax implications of their investment decisions.
-
Risk disclaimer: Investing in securities involves risk, and past performance is not indicative of future results. Investors should carefully consider their risk tolerance and investment objectives before making any investment decisions.
-
*ETRADE*: ETRADE is a brokerage firm offering online trading services for stocks, ETFs, options, futures, and other investment products. It provides various tools and resources for investors, including research, educational materials, and trading platforms.
-
Benzinga Global Fintech Awards: This is an annual event that recognizes innovation and excellence in the financial technology (fintech) industry. Awards are given across various categories, including brokerage services, investment platforms, and educational tools.
-
StockBrokers.com's Online Broker Review: This is a comprehensive review of online brokerage firms, evaluating various factors such as trading platforms, research tools, customer service, and commissions. E*TRADE received several accolades in the 2023 review, highlighting its strengths in different areas.
In summary, the provided information covers a range of topics relevant to investors, including brokerage services, investment products, risk management, fees, and industry recognition. It underscores the importance of thorough research, understanding risks, and seeking professional advice when making investment decisions.
