Broker Fine PrintWhat it costs to switch brokers
Last updated · 28 official sources (listed below)
Pick the broker you're leaving and the one you're moving to. You'll see the old broker's transfer-out fee and the new broker's published offer to cover it, side by side, each with its official source.
Choose the broker you're leaving and the one you're moving to.
Transfer-out fees and reimbursement offers, all brokers
7 of 17 brokers publish an offer to cover the fee your old broker charges. "No offer found" means we read the linked official pages and none was stated; offers change, so check before you move.
| Broker | Fee to leave (full) | Covers your old firm's fee | Minimum transfer |
|---|---|---|---|
| Ally Invest | $50 source | $75 credit on an initial ACAT transfer of $2,500 or more source | $2,500 |
| Charles Schwab | $50 source | No offer found page read | |
| E*TRADE | $75 source | No offer found page read | |
| Fidelity | $0 source | No offer found page read | |
| Firstrade | $75 source | Up to $250 on a full or partial ACATS transfer of $2,500 or more source | $2,500 |
| Interactive Brokers | $0 source | No offer found page read | |
| J.P. Morgan Self-Directed (Chase) | $75 source | No offer found page read | |
| Merrill Edge | $49.95 source | No offer found page read | |
| moomoo | $100 source | No offer found page read page read | |
| Public | $100 source | Up to $100 on a transfer worth $5,000 or more source | $5,000 |
| Robinhood | $100 source | Up to $75 on transfers of $7,500 or more (per account type and brokerage firm) source | $7,500 |
| SoFi Invest | $100 source | Up to $75 on an ACAT transfer of $5,000 or more source | $5,000 |
| tastytrade | $75 source | Up to $75 for each transfer of at least $2,000 source | $2,000 |
| TradeStation | $125 source | No offer found page read | |
| Vanguard | $100 (may charge) source | No offer found page read | |
| Wealthfront | $0 source | No offer found page read | |
| Webull | $75 source | Up to $100 on your first brokerage transfer of $2,000+ (IRA: up to $75 on $5,000+); offer period ends Dec 31, 2026 source | $2,000 |
Related: transfer-out fees ranked · fee grades · fee calculator
Questions
Which brokers reimburse transfer fees?
Per their official pages: Ally Invest: $75 credit on an initial ACAT transfer of $2,500 or more; Firstrade: Up to $250 on a full or partial ACATS transfer of $2,500 or more; Public: Up to $100 on a transfer worth $5,000 or more; Robinhood: Up to $75 on transfers of $7,500 or more (per account type and brokerage firm); SoFi Invest: Up to $75 on an ACAT transfer of $5,000 or more; tastytrade: Up to $75 for each transfer of at least $2,000; Webull: Up to $100 on your first brokerage transfer of $2,000+ (IRA: up to $75 on $5,000+); offer period ends Dec 31, 2026 (checked Nov 3, 2026).
Do Schwab, Fidelity or Vanguard reimburse the fee my old broker charges?
Not on the official pages we read. Schwab and Fidelity say they don't charge to move assets in, and Vanguard says other companies may charge a fee; none offers to cover it.
Does moomoo reimburse transfer fees?
No transfer-fee reimbursement on its fee schedule. moomoo runs a separate transfer-in bonus (a 3% cash coupon on the first $1–$20,000, paid in installments), which is not a fee reimbursement.
Do I have to ask for the reimbursement?
Usually yes. Most offers require a request after the transfer, often with a statement showing the fee, and a minimum transfer size. Each broker's terms are linked above.
Sources
- https://help.firstrade.info/en/articles/9268422-how-does-the-account-transfer-rebate-promotion-work
- https://help.public.com/en/articles/12293706-cash-bonus-to-transfer-1-match-on-acats-ira-transfers
- https://help.public.com/en/articles/6499808-transfer-account-bonus
- https://investor.vanguard.com/client-benefits/investment-fees
- https://mlaem.fs.ml.com/content/dam/ML/pdfs/me-self-directed-fees.pdf
- https://public.com/disclosures/fee-schedule
- https://robinhood.com/us/en/support/articles/transfer-your-assets-in/
- https://robinhood.com/us/en/support/articles/transfer-your-assets-out/
- https://support.sofi.com/hc/en-us/articles/360044740731-Is-there-a-charge-for-an-ACAT-transfer-Does-SoFi-reimburse-other-fees
- https://support.sofi.com/hc/en-us/articles/4408306213773-How-do-I-transfer-assets-out-of-my-SoFi-Invest-account-as-an-ACAT
- https://support.wealthfront.com/hc/en-us/articles/115003462743-Can-I-transfer-the-securities-in-my-account-to-another-firm
- https://tastytrade.com/commissions-and-fees/
- https://tastytrade.com/how-to-fund
- https://us.etrade.com/what-we-offer/pricing-and-rates
- https://www.ally.com/content/dam/pdf/invest/transfer-fee-reimbursement.pdf
- https://www.ally.com/invest/commissions-and-fees/
- https://www.ally.com/invest/self-directed-trading/
- https://www.chase.com/personal/investments/online-investing/pricing
- https://www.fidelity.com/trading/commissions-margin-rates
- https://www.firstrade.com/trading/pricing/special-services
- https://www.interactivebrokers.com/en/pricing/other-fees.php
- https://www.merrilledge.com/pricing
- https://www.moomoo.com/us/support/topic4_758
- https://www.schwab.com/legal/schwab-pricing-guide-for-individual-investors
- https://www.tradestation.com/pricing/service-fees/
- https://www.webull.com/ko-yield/1672372914479-6b149c
- https://www.webull.com/offers-promotions/transfer-fee-promo
- https://www.webull.com/pricing
Each source was read on or before Nov 3, 2026. Fees and rates change; confirm on the broker's site before acting.