Jan Poklič

14 Jun 2020

∙

General Investing

How much does it cost to transfer stocks from interactive brokers?

I have 2k worth of stocks in my Interactive Brokers account. Because I'm not trading frequently I would like to transfer these stocks to Saxo Trader account. How high is the fee of the transfer?

Interactive Brokers Saxo Markets

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Cedric Jamie Soh

20 Apr 2020

Director at Seniorcare.com.sg

Transferring stocks are known as "position transferring"

I am not 100% sure, but

transferring of stocks usually cost nothing for the receiver brokerage.
For the sending-out-brokerage, there is a small fees for some brokerages
https://www.interactivebrokers.com/en/index.php...

Can't tell that there is any fee for transferring out....

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