What other brokers are like Schwab and Fidelity??

Discussion in 'Retail Brokers' started by Cabin1111, Jan 15, 2024.

  1. Bad_Badness

    Bad_Badness

    Plus you can buy and sell currencies at spot rate. So if you want to buy something in another country, e.g. Canada, Mexico, you can save your self a lot of spread (2-5%) on 100Ks. Then you can wire from there.

    IB Sweep is also good but us currently closed to new high net worth customers. Perhaps they will reopen it someday.
     
    #11     Jan 16, 2024
    BKR88 likes this.
  2. %%
    Looks right, IBKR, SCHW, Fidelity.
    NOT likely BAC or WFC is on too many top lists;
    unless you just want numerous brick locations.
    I got a mortgage thru WFC once, no problems;
    but no way would I want a brokerage account with WFC \way to many regulator fines+ losing lawsuits like BAC:caution:
     
    #12     Jan 23, 2024
  3. mervyn

    mervyn

    BOA bought Merrill Lynch, a friend still has 8 figures with them, lot of paperwork to move accounts.
     
    #13     Jan 23, 2024