List of Wire Transfer Fees Of Major U.S. Brokers
Discount stock broker online wire transfer fees. Outgoing domestic and international
electronic wire money transfer pricing: Scottrade, Etrade, TD Ameritrade, CapitalOne Investing, Charles Schwab,
Merrill Edge, Fidelity Investments, Vanguard, Tradeking, Optionshouse, Wellstrade.
Discount brokerage customers often shop for low trading commissions. However, looking for low-cost trading prices often causes investors
to overlook company's fees, which can impact returns.
An electronic transfer of funds or wire transfer is a fast and secure way to transfer money from a brokerage to an investor's bank account
and vice versa. Almost any brokerage company charges a fee for online outgoing money wire transfers.
On the other hand, incoming wires are free.
Fee applies to both domestic and international/overseas wire transfers. Brokerage firms can whack investors anywhere from $10 to $50
for the service. Transferring money to/from a different country usually costs investors much more than transactions made within
Before signing up with any stock broker, make sure that you examine its electronic wire transfer fees as well as its entire fee schedule.
Below is a list of domestic and international wire-transfer fees charged by major brokerage firms in the U.S.
* - Charles Schwab gives three free online domestic
wire transfers per quarter for accounts with $100,000 or more.
Accounts with 36 or more stock or option trades per year will receive three free domestic wire transfers per quarter.