E*TRADE (Morgan Stanley)
$0 listed stock commission · 24/5 overnight trading · options
Key capabilities
- Commission
- $0 listed
- Fractional shares
- No
- Extended hours
- Yes
- Overnight (24/5)
- Yes
~20 eligible · Limited to ~20 large-cap ETFs
- Options
- $0.65
- OTC access
- 4/5 full, 1/5 limited
- Penny-stock surcharge
- $6.95 flat on penny stocks
- Short locate
- moderate
OTC market access by tier
OTC Markets organises non-exchange-listed securities into five tiers by disclosure quality. E*TRADE (Morgan Stanley)’s coverage:
- OTCQXFull
- OTCQBFull
- Pink CurrentFull
- Pink LimitedFull
- Grey MarketLimited
Notes
Does not pay publishers — link for editorial completeness only.
Frequently asked
- What does E*TRADE (Morgan Stanley) charge for stock trades?
- $0 listed on stocks, with a $6.95 flat on penny stocks penny-stock surcharge.
- Does E*TRADE (Morgan Stanley) offer fractional shares?
- No. E*TRADE (Morgan Stanley) only supports whole-share orders for individual stocks.
- Does E*TRADE (Morgan Stanley) have 24-hour trading?
- Yes — approximately 20 eligible securities (Limited to ~20 large-cap ETFs).
- Can I trade penny stocks and OTC names on E*TRADE (Morgan Stanley)?
- Partial. 4/5 OTC tiers offer full access, 1/5 with limited access. Pink Limited and Grey market are typically the most restricted.
- What does E*TRADE (Morgan Stanley) charge for options?
- $0.65 per contract.