Level II Quotes at E*TRADE
Highlights:
• Some E*TRADE platforms have integrated Level II quotes, although others do not.
• E*TRADE provides some Level II data at no cost, although certain data packages require a monthly subscription.
• Level II quotes stream during regular and extended trading hours at E*TRADE.
If you need more than Level I data for your trading, a brokerage account at E*TRADE may be just what the doctor ordered. Here’s the rundown:
Overview of Level II Quotes at E*TRADE
Level II data are available at E*TRADE for eligible securities. Users do not need to enable NYSE ArcaBook data, making the system convenient. Other order books must be enabled separately. More on that later.
Level II Quotes on E*TRADE’s Website
Level II quotes are not available on E*TRADE’s regular website. This applies to all available order books. Level I quotes, however, are displayed on the website.
E*TRADE Promotion
Level II Quotes on E*TRADE’s Mobile App
Although they are missing from the website, Level II quotes are available on E*TRADE’s mobile app. After opening the platform, go to a security’s profile and scroll down to the middle of the page. Here, you will find a section containing several links, including one labeled Level II.
Tap the Level II link to open a page containing market-depth data. Level I information appears at the top, while a matrix of Level II figures is displayed farther down. In addition to bid and ask prices at various levels, the sizes of the quotes at those levels are shown.
In the middle of the page is a purple Book Filter link. Tap this link to display a list of available order books. The choices we found include:
- ARCA
- NSDQ & ARCA
- NSDQ
- NYSE Open
- Montage, which combines all order books
Level II Quotes on E*TRADE’s Power App
Level II quotes are also available on E*TRADE’s advanced Power app. On a security’s profile, scroll to the right through the tabs at the top and tap Market Depth. A long list of limit-order prices and sizes from ArcaBook will appear and update in real time.
Level II Quotes on Power E*TRADE Web
To find Level II data on the web-based Power E*TRADE platform, open the platform from within the E*TRADE website and click the Trading tab in the main menu. Scroll to the bottom of the page to find the Depth View window. This window displays Level II quotes on Power E*TRADE Web.
Level II Quotes on Power E*TRADE Pro
Level II quotes are also available on E*TRADE’s desktop program, Power E*TRADE Pro. One important point is that the data are not available in simulated mode. Log in using Live mode and add the Market Depth window by opening the Tools tab in the upper-left corner.
Cost of Level II Quotes at E*TRADE
E*TRADE offers the following three order books:
- NYSE ArcaBook
- NYSE OpenBook
- NASDAQ TotalView
NYSE ArcaBook is free. NYSE OpenBook costs $15 per month, while NASDAQ TotalView costs $9 per month.
To subscribe, log in to the E*TRADE website and open the Profile menu in the upper-right corner. Click the Personal Information link and scroll to the bottom of the page to find the Market Data section. A purple link in this section allows you to edit the account’s market-data subscriptions.
E*TRADE Promotion
Visit E*TRADE Website
Updated on 7/3/2026.
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.
|