Morgan Stanley E*Trade crypto trading 50bps fees undercuts rivals
Key Questions
What fees does Morgan Stanley charge for crypto on E*Trade?
Morgan Stanley launched a crypto trading pilot on E*Trade at 50 basis points per transaction. This undercuts rivals like Coinbase, Robinhood, and Schwab.
What cryptocurrencies are available on E*Trade?
The pilot includes BTC, ETH, SOL, and ETFs with custody. Full rollout planned for 8.6M users.
How does E*Trade's pricing compare to competitors?
50bps fees are lower than COIN, HOOD, and Schwab retail pricing. Targets high-volume short-term trading.
What is the status of the E*Trade crypto rollout?
It's a quiet pilot program, with full access coming soon. Lowers costs amid ETF inflows.
MS launches crypto trading pilot on E*Trade at 50bps under COIN/HOOD/Schwab, full rollout to 8.6M users/BTC/ETH/SOL ETFs/custody; lowers costs for high-volume short-term flips amid ETF inflows.
Sources (3)
Updated May 7, 2026