Status: Researched · 12 June 2026. I have not used ETRADE.*
What it is
E*TRADE is Morgan Stanley’s retail brokerage — the 1990s online-trading pioneer, bought by the bank in 2020 for ~$13 billion. It’s in this registry for two reasons: Americans ask whether it reaches anything international (it doesn’t), and non-Americans keep encountering it as the place their employer’s RSUs land.
The answer
US-listed only. Stocks, ETFs, a genuinely good options platform, bonds, US-listed ADRs and OTC foreign ordinaries — and no direct access to any foreign exchange. Morgan Stanley trades everywhere on earth for institutions; none of that reaches the retail login. The pattern matches every mainstream US platform except the three that matter (IBKR, Fidelity, Schwab): the border stops at US listings.
The stock-plan angle deserves one honest paragraph: if you’re a non-US employee of a US company, E*TRADE may hold your RSUs or ESPP shares. That account is a custody-and-sell arrangement, not a brokerage — you can sell company stock and wire out proceeds, but you generally can’t use it to buy anything else, and it’s no route to any market.
Verdict
A perfectly good US-only broker wearing a global bank’s name tag. For this registry’s subject matter it offers nothing — and if it’s holding your RSUs abroad, treat it as a vault with a sell button, not a broker. Researched, not tested.
Sources
Public sources checked (June 2026):
- E*TRADE product and international/stock-plan pages: https://us.etrade.com
- Morgan Stanley acquisition and stock-plan (Shareworks/E*TRADE) materials