| Community Rating | Strongly not recommended |
| Minimum Initial Investment | $500 |
| Online Trade | Starting at $8.95 |
| Broker Assisted Trading Fee | Starting at $50 |
| Margin Rate | 3.25% - 6.5% |
| Number of Reviews | 5 |
USAA Brokerage Account Review
USAA Brokerage Account is a brokerage based in San Antonio, TX. Founded in 1922, USAA Brokerage Account is a good option for experienced traders who require additional research tools and more advanced reports.
This brokerage is a good choice for frequent traders who are looking for a fast platform with low costs that includes tools designed for day traders.
What assets can you invest in with USAA Brokerage Account?
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What trading fees does USAA Brokerage Account charge?
The online trading fees of USAA Brokerage Account are below the average ($8.90) for online brokerages. However, there are other fees to consider.
| Trading Fees | Amount |
|---|---|
| Online Trade Fee | $8.95 |
| Broker Assisted Trading Fee | $50 |
| Bond Trade Fee | $45 |
| ETF Trade | $8.95 |
| Returned Deposit Fee (International) | $29 |
| Outgoing International Bank Transfer Fee | $35 |
How much do you have to invest to open an account?
The minimum investment to open an account with USAA Brokerage Account is $500.
What is the minimum amount to open a margin account?
A margin account allows investors to borrow cash by using the securities and cash invested in the brokerage as collateral. USAA Brokerage Account offers investors this service but the minimum amount is $2,000.
What margin rates does USAA Brokerage Account offer?
USAA Brokerage Account offers a margin rate that ranges from 3.25% up to 6.5%.
What brokerage features does USAA Brokerage Account offer?
USAA Brokerage Account provides users with a variety of tools. These include:
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What research tools does USAA Brokerage Account offer investors?
USAA Brokerage Account does not provide its users with a wide selection of research tools. It only includes 5 of the 15 research tools we track.
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Contact
- Headquarters
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9800 Fredericksburg Road
San Antonio, TX 78288 - Visit Site
Other Services by USAA
Feature Breakdown
| Wire Transfer Fee - Domestic (Incoming) | $0 |
| Wire Transfer Fee - International (Incoming) | $0 |
| Bond Trade Fee | Starting at $45 |
| ETF Trades | Starting at $8.95 |
| IRA Closure Fee | $35 |
| Online Trade | Starting at $8.95 |
| Paper Statement Fee | $2 |
| Returned Deposit Fee (Domestic) | $29 |
| Returned Deposit Fee (International) | $29 |
| Wire Transfer Fee - Domestic (Outgoing) | $20 |
| Wire Transfer Fee - International (Outgoing) | $35 |
| Margin Rate | 3.25% - 6.5% |
| Broker Assisted Trading Fee | Starting at $50 |
USAA Brokerage Account Community Reviews
Would you recommend USAA Brokerage Account to your friends?
