If you're looking to move your investments from E*TRADE to Interactive Brokers, you've come to the right place.
In this article, we'll walk you through the steps to transfer your assets without the need to sell your stocks or ETFs and move to cash.
Keep in mind that E*TRADE charges an Account Transfer (ACAT) fee.
This fee is $75 for a full account transfer and $25 for a partial account transfer.
Be prepared to cover these fees as part of the transfer process.
Check out my video on how to transfer your brokerage account below, let's dive in!
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Whether you're an experienced trader or a novice investor, Interactive Brokers offers a platform with many options.
Learn more about Interactive Brokers here!
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If you don't already have an Interactive Brokers account, the first step is to open one.
Visit the Interactive Brokers website and follow their account opening process, which typically includes providing personal information.
In the dropdown menu that appears under "Transfer & Pay," select "Transfer Positions."
This is the option you'll use to initiate the transfer of your assets from E*TRADE.
In the next window, you'll see a list of popular brokers.
If you don't find E*TRADE listed, use the drop-down menu to access more options.
To initiate the transfer, you'll need to input your E*TRADE account number.
You can typically find this information on your E*TRADE account statements or within your E*TRADE account dashboard.
How to find your E*TRADE account number:
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