EXHIBIT 23.1
 
                        CONSENT OF INDEPENDENT AUDITORS
 
  We consent to the incorporation by reference in Registration Statements No.
333-52631 and No. 333-62333 of E*TRADE Group, Inc. on Form S-8 of our report
dated November 23, 1998, appearing in this Annual Report on Form 10-K of
E*TRADE Group, Inc. for the year ended September 30, 1998.
 
      /s/ Deloitte & Touche LLP
_____________________________________
        DELOITTE & TOUCHE LLP
 
San Jose, California
December 28, 1998