Firstrade

Fidelity Transfer Fee (ACAT on Brokerage and IRA Account)


How much does Fidelity Investments charge in ACAT fee for partial and full IRA or brokerage account transfer (mutual funds, stock positions, and ETF's). Cost of Fidelity transfer of account eligible assets and outgoing wire fee.



Fidelity ACAT Fee


Fidelity ACAT fee is $0 for full or partial account transfer (mutual funds, stock positions, and ETF's). This Fidelity transfer fee applies also to all IRA accounts: traditional IRA, ROTH, SEP, and SIMPLE IRA.

If you decide to close your retirement account, Fidelity IRA account closing fee is $50.

To learn how to move your Fidelity Investments account to a different broker read this article »


Fidelity Wire Transfer Fees


Outgoing wire transfers at Fidelity are $10 per transfer online, $15 through a representative. Incoming wire transfers are no charge.


Fidelity Alternatives


Broker Review Stock/ETF
Commission
Mutual Fund
Commission
Options
Commission
Maintenance
Fee
Annual IRA
Fee
Firstrade $0 $0 $0 $0 $0
Ally Invest $4.95 $9.95 $4.95 + $0.65 per contract $0 $0
TD Ameritrade $6.95 $49.95 $6.95 + $0.75 per contract $0 $0


Fidelity Pros


Fidelity Investments selection of financial products, combined with 24/7 customer service, gives the broker an edge over other brokers. Firstrade, for example, doesn’t offer 24/7 customer service; and Scottrade doesn’t offer futures or forex.

Fidelity clients can access bank accounts, retirement products, equities, fixed-income all with one log-in. The vast majority of brokers don’t have such a wide variety, TD Ameritrade being a rare exception.


Fidelity Cons


Fidelity touts its advanced trading platforms, but limits them to active traders. TD Ameritrade, in comparison, has no such requirements for its advanced platforms.

Fidelity’s standard commission of $4.95 is higher than some of its rivals, such as Ally Invest ($3.95-$4.95) and Firstrade ($0), both of which are known to be quality firms. Furthermore, Fidelity’s charge for options ($0.65 per contract) is higher than at both Ally Invest and Firstrade, which charge only $0.65 and $0 per contract respectively.


Fidelity ACAT Fee Disclaimer


For the most up-to-date information on Fidelity ACAT fee (partial and full Fidelity account transfer out, ACH and wire transfer charges, ACAT eligible status) visit their website.


Updated on 11/8/2018.