About the handling fee for the transfer of funds from Scottrade Securities (Scottrade INC)

Friends who invest in a U.S. stock account may start out without caring about the cost of the Scottrade account transfer, in fact, it is quite expensive to carefully calculate the cost, according to the official website of the document can be clearly known, the transfer of Scottrade account funds to the domestic bank costs are composed of the following:

1. International wire transfer funds fee: fixed 40$

2. If the account funds are below 2500$ after the transfer, Scottrade will determine that you are transferring for the full amount and will need to pay extra 75$

3. Handling fee for intermediate line: According to Scottrade customer service, the general reply is 26$

In other words, if you transfer your Scottrade account balance to a domestic bank for a total of 131$ costs, which is more than 800 of the renminbi, it is tough enough

In addition, the exchange rate of RMB to US dollar, plus the transfer out to Scottrade account transfer fee of 80 RMB +0.5% of the handling fee plus the transfer bank 25$ fee.

In this case, the total cost of a Scottrade account, the minimum is: 1035 Yuan soft sister currency ~ ~ ~ Of course, the premise is that the renminbi exchange rate does not fluctuate significantly. In other words, after you transfer your funds to Scottrade, if your stock account is profitable within 200$, you can basically say it's a loss.

About the handling fee for the transfer of funds from Scottrade Securities (Scottrade INC)