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Firstrade fees: the fine print
Broker · 5 of 8 facts found on official pages · every fact quoted and dated.
Full ACATS transfer-out fee
$75
"ACAT Transfer Out … $75"
Partial transfer-out fee
$55
"Partial ACAT Transfer Out … $55"
Account must keep ≥$555 total value incl. $55 cash (help center).
Reverse split / mandatory reorg fee
Not published
Not on the current special-services page. An older 2021 exception-fee PDF is not treated as current.
Fractional shares after a reverse split
Not published
We haven't found this on an official page yet.
Voluntary reorg / odd-lot tender fee
Not published
Not on the current special-services page. An older 2021 exception-fee PDF is not treated as current.
DRIP (auto dividend reinvestment)
Yes
"Reinvest Dividends with DRIP"
Fractional share trading
Yes
"Opt for the dividends from your fractional shares to be automatically reinvested"
Rate on uninvested cash
0.15%
"Credit Interest … $0 - $24,999 … 0.15%"
0.15% at every balance tier; FDIC-insured deposit rate also 0.15%. Credit rate effective 12/20/2024.
Questions
How much does Firstrade charge to transfer an account out?
$75 for a full outgoing transfer; partial transfers: $55, per its official fee page.