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 someone deeply entrenched in the financial industry, I bring a wealth of expertise and knowledge on brokerage services, investment platforms, and financial products. My insights are not just theoretical; they are grounded in a practical understanding of the complexities and nuances of the financial world. Now, let's delve into the concepts mentioned in the provided article.
The article primarily revolves around Morgan Stanley Smith Barney LLC and E*TRADE, shedding light on their services, products, and key disclaimers. Here are the key concepts highlighted:
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BrokerCheck and Relationship Summary: The article suggests checking the background of Morgan Stanley Smith Barney LLC on FINRA's BrokerCheck and encourages readers to explore the Relationship Summary for a comprehensive understanding of the company's offerings and services.
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Investment Products Disclaimer: A crucial disclaimer informs readers that investment products are not FDIC insured, carry no bank guarantee, and may lose value. This emphasizes the inherent risks associated with investing.
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Banking Products and Services: Morgan Stanley Private Bank, National Association, is mentioned as the provider of banking products and services, highlighting their affiliation with Morgan Stanley Smith Barney LLC.
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Futures and Options Transactions Disclaimer: A warning is given that futures and options transactions are intended for sophisticated investors due to their complexity and high risk. It advises potential investors to read the Characteristics and Risks of Standardized Options and the Risk Disclosure Statement for Futures and Options before applying for an account.
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ETF Prospectus: The article emphasizes the importance of reading an Exchange-Traded Fund’s prospectus, which contains vital information such as investment objectives, risks, charges, and expenses, before making any investment decisions.
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Risk in Securities Investment: Readers are reminded that investing in securities involves risk, including the potential loss of principal. Past performance is not indicative of future results.
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Tax Advice Disclaimer: Morgan Stanley and its affiliates do not provide tax advice, prompting readers to consult their own tax advisors before making decisions with potential tax consequences.
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Diversification and Asset Allocation Warning: The article cautions that diversification and asset allocation strategies do not guarantee profits or protect against losses in declining markets.
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Customer Charges: Details about customer charges for broker-assisted trades are provided, including a $25 fee plus applicable commission.
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*ETRADE Pricing and Commissions:* A breakdown of ETRADE's pricing model, including $0 commissions for certain online trades, with exceptions for specific transactions and service charges for trades placed through a broker.
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Fintech Awards: Mention of the 2023 Benzinga Global Fintech Awards where E*TRADE received accolades, showcasing its achievements in various categories related to cryptocurrency, brokerage services, and investment platforms.
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Futures Trade Fees: Details about fees associated with futures trades, including per-side charges, exchange fees, and additional fees assessed by E*TRADE Futures.
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StockBrokers.com's Review: E*TRADE's recognition in StockBrokers.com's 2023 Online Broker Review, achieving the #1 Investor App and #1 Web Trading Platform, along with other Best in Class distinctions across different categories.
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Service Offerings and Affiliations: Securities products and investment advisory services offered by Morgan Stanley Smith Barney LLC, E*TRADE Futures LLC's offerings, and other services provided by affiliated subsidiaries of Morgan Stanley.
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System Response and Account Access: A note on potential variations in system response and account access times based on various factors, including trading volumes, market conditions, and system performance.
In essence, this article serves as a comprehensive guide, offering a blend of regulatory disclosures, pricing details, accolades, and cautionary statements that potential investors and clients should carefully consider.
