Funds Withdrawal Question

Discussion in 'Retail Brokers' started by blackcat54, Jul 26, 2010.

  1. Most brokers offer a check in the mail form of fund withdrawal. Only a few offer ACH electronic fund transfer to a personal checking account. The check in the mail seems so old fashioned and inconvenient to me. The only two brokers I found with electronic fund withdrawal is IB and Cobra.

    Can anybody add to my list of brokers that offer ACH funds withdrawal?


  2. cstfx


    just about every broker offers electronic wire ability for funding and withdrawals, which is not checks.

    But to answer your question, MBT, TOS, and Lightspeed also offer ACH transfers
  3. E-Trade and Fidelity do ACH transfers.
  4. There may be a substantial fee for electronic funds transfers. You might ask the broker about electronic funds transfer fees.
  5. Daal


    At IB an ACH is quite a bit cheaper than a wire or check
  6. uptickk


    At TOS an ACH transfer is free.