Discount stock broker online wire transfer fees. Incoming and outgoing domestic and international electronic wire transfer pricing at Interactive Brokers, Etrade, TD Ameritrade, Charles Schwab, Merrill Edge, Fidelity Investments, Vanguard, Robinhood, Zackstrade, Tastyworks, Webull, M1 Finance and Wells Fargo.

Brokerage Wire Fees Overview

Discount brokerage customers often shop for low trading commissions. However, looking for low-cost trading prices often causes investors to overlook company's other account fees, which can significantly impact investment returns. One such fee is for wire transfers of money and it could be important for investors or traders that need an ability to move funds between bank and brokerage as fast as possible.

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. Every brokerage company charges a fee for online outgoing money wire transfers.

The wire transfer fee applies to both domestic and international/overseas wire transfers. Brokerage firms can hit investors anywhere from $10 to $50 for the domestic transfer service. Transferring money to/from a different country usually costs investors much more than transactions made within the United States.

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.

Incoming Wire Transfer Fees

Incoming wires are free at all brokerage companies.

Outgoing Wire Transfer Fees

Brokerage Firm Broker Rating Outgoing Wire Fees (Domestic) Outgoing Wire Fees (International) Review
TD Ameritrade 4.5-star brokerage firm rating $25 $25 Review
Ally Invest Ally Invest brokerage firm rating $30 n/a Review
Charles Schwab 4-star brokerage firm rating $25* n/a Review
ChoiceTrade 4-star brokerage firm rating $35 $60 Review
Etrade Etrade brokerage firm rating $25 $25 Review
Fidelity Investments 3-star brokerage firm rating $10 n/a Review
Firstrade 4.5-star brokerage firm rating $30 $50 Review
Interactive Brokers 4-star brokerage firm rating $10 n/a Review
Lightspeed Trading 3-star brokerage firm rating $20 $50 Review
M1 Finance 4.5-star brokerage firm rating $25 $45 Review
Merrill Edge 3.5-star brokerage firm rating $24.95 $24.95 Review
Motif Motif Investing reating $25 n/a Review
Robinhood 3-star brokerage firm rating $25 $50 Review
Tastyworks 4.5-star brokerage firm rating $25 $40 Review
TradeStation 4-star brokerage firm rating $25 $35 Review
USAA 3-star brokerage firm rating $20 $35 Review
Vanguard Vanguard brokerage company rating $0 $0 Review
Webull 3-star brokerage firm rating $25 $45 Review
Wellstrade WellsTrade brokerage firm rating $30 $40 Review
Zackstrade 4.5-star brokerage firm rating $10 $10 Review

* - 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.


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