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  USAA Brokerage Account

USAA Brokerage Account

in Brokerages from USAA

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USAA Brokerage Account

Claimed

in Brokerages from USAA

SuperMoney Net Recommendation Score -80%

SUPERMONEY NET RECOMMENDATION SCORE

-80%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Strongly not recommended

0 users recommend
1 user is unsure
4 users don't recommend
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Highlights
Highlights
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.

USAA Brokerage Account FAQ

What assets can you invest in with USAA Brokerage Account?

The Good The Bad
  • Stocks
  • Options
  • Bonds
  • Mutual Funds
  • Futures
  • Cryptocurrencies
  • FOREX
  • International Stocks
  • Pink Sheets / OTCBB
  • Real Estate
  • Marketplace Loans
  • Startups

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.

USAA Brokerage Account Fees
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:

USAA Brokerage Account Brokerage Features
Supported Options Unsupported Options
  • Broker Assisted Trades
  • No-Commission ETFs
  • Real Time Quotes
  • Trading Platform
  • No Fee IRAs
  • Retail Locations
  • Advisor Services
  • Declines Payment for Order Flow (Equities)
  • Declines Payment for Order Flow (Options)
  • Dividend Reinvestment
  • Automated Trading Strategy
  • Online Live Chat
  • Automated Trading Strategy
  • Account Transfer Fee Reimbursement
  • 24/7 Support

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.

USAA Brokerage Account Research Tools
Supported Options Unsupported Options
  • Global Markets Analysis
  • Mutual Bonds Analysis
  • Account Transfer Fee Reimbursement
  • ETF Top 10 Holdings
  • Fund Prospectus Access
  • Historical Performance Analysis
  • Insider Transactions
  • Live Seminars
  • Mutual Funds Analysis
  • Past Earnings Reports
  • Portfolio Allocation
  • SEC Filings
  • Social Sentiment Analysis
  • Stock Metric Comparisons
  • Webinars
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

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
Minimum Initial Investment $500
Minimum Margin Account $2,000
Automated Trading Strategy  
Brokerage Features
  • Broker Assisted Trades
  • Mobile Trading
  • No-Commission ETFs
  • Online Banking
  • Real Time Quotes
  • Research and Report
Dividend Reinvestment  
No-Commission ETFs  
Research Tools
  • Fixed Income
  • Global Markets
  • Mutual Bonds
  • Stocks
  • Third Party Ratings
Research and Reports  
Investor Type
  • Beginner Traders
  • Advanced Traders
  • Frequent Traders
  • High Balance Investors
  • Long-Term Investors

USAA Brokerage Account Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

-80%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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4 Reviews