E*TRADE Outgoing Account Transfer Fee (ACAT OUT)
E*TRADE charges a $75 fee for a full account transfer and $25 for a partial account transfer. This fee also applies to all E*TRADE IRA accounts: ROTH,
traditional IRA, SEP, and SIMPLE IRA. If you move your account to
Robinhood,
they will cover this ACAT fee.
To learn how to transfer your E*TRADE account to another broker, check out Moving E*TRADE account »
To find out how to close your E*TRADE account, read How to Close E*TRADE Account »
E*TRADE Wire Transfer Fees
Outgoing wire transfers at E*TRADE cost $25 each. Incoming wire transfers are free.
Transfer an E*TRADE Account to Another Broker
If you hold an E*TRADE account and would like to switch to another brokerage, you have several outstanding options.
Charles Schwab and Robinhood are among the most common picks. Below is how you can move your account to each of these brokers.
The E*TRADE Details
Your new brokerage will manage the paperwork for the account transfer.
E*TRADE charges $75 for a full account transfer and $25 for moving only some of your positions. If you keep at least $5,000 in the account after a partial transfer, E*TRADE will drop the $25 fee.
Moving an E*TRADE Account to Robinhood
Robinhood, known for its low costs, gives incentives for transferring your brokerage account to them. Begin by using their
promotion link below. When setting up your new account, you can specify that you want to fund it by transferring assets from another brokerage, such as E*TRADE.
You also need to provide a recent E*TRADE statement. The transfer usually finishes in about two weeks.
For more information, see the detailed Transfer E*TRADE to Robinhood article.
3% deposit match and up to $200 FREE stock at Robinhood.
Visit Robinhood Website
Moving Your Account to Charles Schwab
Schwab's site features a straightforward transfer form. Begin by entering your old broker's
name, which is E*TRADE in this case. E*TRADE's name will appear beneath the search
box, allowing you to select it without typing the full name.
After choosing the broker, select the type of account you want to move. It might be a
retirement account, a trust, or a joint brokerage account, among others.
Next, add your E*TRADE account number. You also need to decide if you're transferring all of your assets (a full transfer) or only some of them (a partial transfer).
The final step is to pick the Schwab account where you want your assets transferred.
Based on Schwab's site, the entire process can take up to 2 weeks.
For full details, see the Transfer E*TRADE to Schwab article.
Updated on 12/26/2025.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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