Money · brokerage fees on record
$0 stock trades. The real fees are elsewhere.
A dated record of 8 brokerages. Every one advertises $0 stock trades — so this ledger surfaces what actually varies: the margin rate to borrow, options per contract, robo-advisor fees, and the ACAT fee to transfer out.
Figures are recorded readings from public fee schedules, last verified Mar 2026. Margin rates are base rates and vary by balance. Not a live feed and not investment advice; confirm fees with the broker before you open an account.
Section · The ledger
Every brokerage, the fees beyond the $0 trade
All 8 brokerages on file, read the same way: stock and options fees, the margin rate, robo-advisor cost, and the ACAT transfer-out fee. Filter or sort the record; a row opens for the detail.
$0 stock trades are universal here, so they don't separate brokers. Margin rate (vary by balance), options per contract, robo fee and the ACAT transfer-out fee do — those are the columns to read.
| Broker | Stock | Options | Margin | Robo fee | ACAT out | Details |
|---|---|---|---|---|---|---|
| Interactive Brokers Discount · fractional | $0 | $0.65/ct | 5.83% | — | $0 | |
| Webull Discount · fractional | $0 | $0 | 6.99% | — | $75.00 | |
| Robinhood Discount · fractional | $0 | $0 | 8.00% | — | $100.00 | |
| Fidelity Full-Service · fractional | $0 | $0.65/ct | 8.32% | 0% (Fidelity Go) / 0.35% (Wealth Management) | $0 | |
| Charles Schwab Full-Service · fractional | $0 | $0.65/ct | 8.32% | 0% (Intelligent Portfolios) | $0 | |
| Vanguard Full-Service | $0 | $1.00/ct | 8.75% | 0.15% (Digital Advisor, $3K min) | $0 | |
| Merrill Edge Full-Service · fractional | $0 | $0.65/ct | 10.46% | 0.45% (Guided Investing) | $0 | |
| E*TRADE Full-Service | $0 | $0.65/ct | 10.70% | 0.30% (Core Portfolios) | $75.00 | |
All fees from public broker fee schedules, last verified Mar 2026. Margin rates are base rates and vary by account balance. Not investment advice.
Read the margin rate and the exit fee.
$0 stock trades are everywhere; the margin rate and ACAT transfer-out fee are where brokers differ. These are dated, recorded readings — confirm the current fees with the broker before you open an account.
Stock and options fees, margin rates, robo fees, ACAT transfer-out fees and account minimums for all 8 brokerages are recorded readings from public fee schedules, last verified Mar 2026. Margin rates are base rates and vary by balance. Source-backed where read at the broker. Not a live feed and not investment advice; confirm fees with the broker before you open an account. Coverage on record, not a promise of accuracy.