Real-Time Data and Level II Quotes at E*Trade
Key points:
• E*Trade provides real-time and Level II quotes across several platforms.
• Some real-time data packages are free, while others require a paid subscription.
• Signing up for E*Trade’s data packages is quick and easy.
If you need real-time or Level II data, an E*Trade brokerage account may be a good choice. Here’s what you should know:
E*Trade Real-Time Quotes
E*Trade clients automatically receive free real-time and Level II quotes. There are a few exceptions. For example, some business accounts are not eligible, and certain data packages require a subscription.
Real-time quotes for stocks, futures, and options usually appear automatically on all E*Trade
platforms. These include the mobile app, Power app, website, Power browser platform, and Pro desktop system. In addition to prices, information such as bid/ask prices, bid/ask sizes, and trading volume also update automatically.
On the website, a time stamp next to stock and option prices confirms that they are real time. In some areas, you might need to refresh your browser to see updated prices.
The Power and Pro platforms do not show time stamps next to prices or bid/ask data, but prices for stocks, options, and futures do update automatically. Time & sales data includes time stamps. Quotes refresh live across all windows such as watchlists, positions, and order lists.
On Pro, you can view a scrolling ticker of quotes by clicking the blue Ticker button in the top-left corner.
Futures can’t be traded on Pro, the website, or the standard mobile app, and futures quotes don’t appear on those platforms.
E*Trade Level II Data
The Market Depth window in E*Trade Pro (called Depth View in Power) displays Level II quotes. All numbers update automatically in real time. On Pro, clicking a bid or ask price in the Level II window fills the order ticket with a market order for that symbol. This feature isn’t available on Power.
Package List
To see E*Trade’s available data packages, log in to the website and hover over the Profile link in the upper-right corner. From the drop-down menu, click Personal Information. Then scroll to the bottom of the page to find the Market Data section.
In this section, you’ll find two links: “Agreement” and “Subscriptions.” The Agreement link takes you to a page where you accept the terms for market data. The Subscriptions link shows the list of available data packages. You can easily change your selections there. Two packages have a monthly fee:
- NYSE OpenBook Equities ($15 per month)
- NASDAQ TotalView Equities ($9 per month)
Broker Review
Read a detailed review of Etrade account.
Account Minimums
E*Trade has no account or trade minimums to access real-time or Level II quotes.
Charles Schwab as Alternative
If you don’t have $1,000 in your account or prefer not to pay for Level II data, you can
open an account with Charles Schwab. Schwab doesn’t have a $1,000 minimum and provides free Nasdaq Level II quotes for both professionals and non-professionals.
Like E*Trade, Schwab requires you to sign up. To do this, log into the website and hover over Client Services. In the drop-down menu, click Subscriptions. On the next page, you can enroll in Level II data.
Non-professional users automatically get NYSE, AMEX, OPRA, and Nasdaq Level I quotes for free. Professional users must pay for these, but there’s no account minimum.
Get Charles Schwab For Free
Visit Schwab Website
Updated on 10/17/2025.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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