E*TRADE is a financial services company offering an electronic trading platform to trade stocks, bonds, ETFs and more.
As a subsidiary of Morgan Stanley, E*TRADE customers have access to banking powered by Morgan Stanley Private Banking within E*TRADE.
This means you can easily move your money between your E*TRADE trading account and your bank account - should you decide to use both services.
However, you might be wondering if E*TRADE works with Zelle.
Check out my Zelle Tutorial below to learn how to use Zelle!
Robinhood is a popular "all-in-one" investing app.
While they are most well-known for their commission free stock trading, they've recently shaken up the Retirement Investing World too.
Introducing Robinhood Retirement; home of the biggest IRA match on the market.
Here's what you need to know:
And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.
Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.
Zelle is a popular peer-to-peer payment service that enables users to send and receive money with ease.
It allows individuals to send funds directly from their bank accounts to other recipients, even if they use different financial institutions.
Zelle is widely used among banks and credit unions across the country and offers a convenient alternative to traditional payment methods.
However, not all financial institutions have a direct integration with Zelle.
No - E*TRADE is a brokerage firm, not a bank.
Zelle partners with US banks to offer peer-to-peer payment services.
That being said, you can access Zelle through the Morgan Stanley Private Banking side of the business.
If you open a Checking Account through Morgan Stanley Private Banking, you'll have access to a separate mobile banking app.
Through this app, you can enroll in Zelle and start sending and receiving money.
You can technically use Zelle with E*TRADE - so long as you move those funds to your Morgan Stanley bank account first.