Transfer Out Fees
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| * Just2Trade: $ 75 | * Just2Trade: $ 75 | ||
| * Merrill Lynch: $ 75-100? (affiliated with BofA) | * Merrill Lynch: $ 75-100? (affiliated with BofA) | ||
| - | * Morgan Stanley: $95 | + | * [http://awurl.com/MCp4dsYNw Morgan Stanley: $95] |
| * Muriel Siebert: $ 50 (retirement accounts only) | * Muriel Siebert: $ 50 (retirement accounts only) | ||
| * OptionsXpress: $ 50 | * OptionsXpress: $ 50 | ||
| * Scottrade: $ 0 | * Scottrade: $ 0 | ||
| - | * Sharebuilder: $ 75 | + | * Sharebuilder: $ 75 (full) $15 per security (partial) |
| * SogoTrade: $ 50 or 75? | * SogoTrade: $ 50 or 75? | ||
| - | * TD Ameritrade: $ 75 | + | * TD Ameritrade: $ 75 |
| * Tiaa-Cref: $ 0 | * Tiaa-Cref: $ 0 | ||
| * TradeKing: $ 50 | * TradeKing: $ 50 | ||
Current revision
Comparison of transfer-out fees of US-based investment firms:
- Bank of America: $ 75
- Charles Schwab: $ 50
- E*Trade: $ 60
- Fidelity: $ 50
- Firstrade: $ 50
- Just2Trade: $ 75
- Merrill Lynch: $ 75-100? (affiliated with BofA)
- Morgan Stanley: $95
- Muriel Siebert: $ 50 (retirement accounts only)
- OptionsXpress: $ 50
- Scottrade: $ 0
- Sharebuilder: $ 75 (full) $15 per security (partial)
- SogoTrade: $ 50 or 75?
- TD Ameritrade: $ 75
- Tiaa-Cref: $ 0
- TradeKing: $ 50
- WallStreet*E: $150
- WellsTrade: $ 95
- Zecco Trading: $ 50 or 60?
Firstrade, Scottrade, Sogo Trade and possibly WellsTrade all have an incentive to switch to them: reimbursement up to $100 of transfer-out fee when transferring at least $25k to them.
