TD Ameritrade 300

TD Ameritrade Transfer Fee (ACAT on Brokerage and IRA Account)

How much does TD Ameritrade charge in ACAT fee for full and partial IRA and taxable brokerage account transfer (stock positions, mutual funds, ETF's). Cost of TDA transfer fee on eligible assets and outgoing wire charges.

TD Ameritrade ACAT Fee

TD Ameritrade ACAT fee is $75 for full account transfer and $0 for a partial account transfer (stock positions, mutual funds, ETF's), including all IRA accounts (ROTH, traditional, SEP, SIMPLE).

To learn how to move your TD Ameritrade account to a different broker read this article »

TD Ameritrade Wire Transfer Fees

Outgoing wire transfers at TD Ameritrade are $25 per transfer. Incoming TDA wire transfers are no charge.

TD Ameritrade Alternatives

Broker Review Stock/ETF
Mutual Fund
Annual IRA
Firstrade $0 $0 $0 $0 $0
Ally Invest $4.95 $9.95 $4.95 + $0.65 per contract $0 $0
Etrade $6.95 $19.95 $6.95 + $0.75 per contract $0 $0

Transfer Strategy

Transferring brokerage accounts is quite simple and your new brokerage will gladly help you every step along the way. However, there are some things to keep in mind before starting the transfer process. Transferring your account will not result in a taxable event. If your funds are currently trading below their cost basis, it is better to liquidate the account and report the loss on your taxes (assuming your funds are in a taxable account). Once liquidated, you can then simply close the account and open a new account at the brokerage of your choosing and take full advantage of their current promotions - such as TD Ameritrade's and Scottrade's promotional bonus of $2,500 with a deposit of $1,000,000.

If your funds have surpassed their cost basis, then it is a better idea to defer taxes and transfer the account. During the transfer your funds will continue to be invested in-kind so you will not lose out on any potential gains. If your old brokerage offered commission free trades on some unique ETFs you may not be able to continue making commission free trades on these ETFs with your new broker. While most large brokerages offer popular index fund ETFs commission free, each brokerage is slightly different in what they offer. Always check to see what options you have for free prior to moving your funds to a new brokerage. Another thing to note is that you should not trade after initiating an account transfer. This can cause delays and complicates the process. Most account transfers take around a week or two to complete.

Recommended Articles

Ameritrade vs IB
Robinhood vs TD Ameritrade
Charles Schwab vs Suretrader

TD Ameritrade Mutual Funds Overview

Investors often choose TD Ameritrade for its fabulous trading technology. But the broker also shines in the mutual fund department as well. The fund screener on the TD Ameritrade website returns 11,863 securities that are open to new investors.

TD Ameritrade provides one of the largest selections of mutual funds - from all major funds families including American Funds, Fidelity and Vanguard.

Mutual funds at TD Ameritrade that have a transaction fee cost a rather steep $49.99. This is much higher than Scottrade’s $17 or OptionsHouse’s $20. TD Ameritrade’s charge is applied on both the buy and sell sides, so a round-trip for one mutual fund would be a hundred dollars. Other companies, like Fidelity, only assess a mutual fund transaction on purchases.

NTF funds are obviously more comfortable to trade at TD Ameritrade. However, the broker charges $49.99 if an NTF fund is held less than 6 months. This short-term redemption fee is on top of anything the fund itself charges.

TD Ameritrade provides highly rated customer service and great dividend reinvestment program.

TD Ameritrade Fees

If you use their automated phone system, the fee skyrockets from $6.95 to $34.99. But, at $44.99, the fee really explodes for broker-assisted trades. If they fill an order in separate lots over two or more days, you’ll get charged for each lot. So you may want to specify all-or-none trades when dealing with TD Ameritrade.

Options require an additional $0.75 per contract, and exercises and assignments will cost you $19.99. Bonds trades cost a flat fee of $25, futures are $2.25 per contract and FOREX commissions depend upon the currency pair.

Mutual funds at TD Ameritrade not in NTF (no commission) program will cost a customer $49.99 to buy, sell or exchange. This is also the amount you’ll hand over if you sell an NTF fund within 180 days.

TD Ameritrade ACAT Fees Disclaimer

For the most recent information on TD Ameritrade ACAT fees (full and partial account transfer out, wire transfer and ACH charges, ACAT eligible status) visit their website.