WellsTrade® Prices and Fees
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WFC today announced new low- and no-cost online stock and mutual fund commissions for WellsTrade, its brokerage account for self-directed investors, offered through Wells fargo brokerage account 100 free trades Fargo Investments, LLC.
Unlike brokerage accounts at other firms, the new WellsTrade commissions benefit customers who have broad brokerage and banking relationships with Wells Fargo. Commission levels are determined by combinations of bank checking and savings deposits, investments, IRAs, loans, credit balances and 10 percent of mortgage balances.
The offering cuts commissions for online mutual fund investing, largely neglected by other brokers in their recent commission reductions. Wells Fargo Investments now offers customers the opportunity to qualify for some of the lowest commissions in the industry -- regardless of brokerage assets and number of trades.
In contrast, Wells Fargo Investments has made wells fargo brokerage account 100 free trades easier to qualify for discounted commissions by setting lower qualification thresholds, which are based on a customer's combined brokerage and banking relationship balance. Over the past 12 months, the brokerage industry has experienced dramatic price pressure and most major firms have focused on reducing stock commissions and fees. To date, the industry for the most part has not reduced transaction fees for online no-load mutual funds.
The PMA account offers, among other things, a competitive money market interest rate, no monthly fees on linked checking and savings accounts, Wells Fargo's Platinum Check Card and Wells Fargo Credit Card with no annual fee, free checks, free online banking and bill pay, overdraft protection and a combined statement that links all accounts.
Many people may be surprised to learn that they may already have large enough relationship balances to qualify for a Wells fargo brokerage account 100 free trades Fargo Wells fargo brokerage account 100 free trades and reduced online trading commissions -- especially considering that 10 percent of their mortgage liability, among others, is taken into account.
Transaction fees for online no-load mutual fund trades for those with PMAs will now be as follows: The WellsTrade account provides access to over 2, no-load mutual funds from many well-known fund families, including more than no-load funds that are available to all customers without transaction fees. PMA customers will now enjoy reduced, or no transaction fees on all no-load funds. Unlike other brokerage firms, which typically offer free stock trades for only the first days after account opening, Wells Fargo Investments is offering 50 commission-free trades per year.
Wells Fargo, which introduced Internet banking inis committed to delivering on its strategy as an innovative financial services provider that is leveraging technology for customer convenience.
Wells Fargo offers customers anytime, anywhere banking so they can get the information they need -- when, where, and how they want it. As a testament to this, customers can sign up for a WellsTrade account online eu trading and consulting pvt ltd wellsfargo.
PCS provides customers an entire range of financial products and services, including full-service brokerage through Wells Fargo Investments, investment management, trust and estate services, insurance and private banking. Wells Fargo was ranked as the number-one Internet bank by Gomez and Global Finance magazine in ; Wells Fargo Investments ranked number fx options accounting treatment among all full-service brokers by Smart Money August and is the only bank-owned brokerage to make this list.
WellsTrade is currently ranked number six among all online brokers, according to the March 31, Gomez Discount Broker Scorecard. Wells Fargo Bank, N. Contact Wells Fargo Investments for a mutual fund's current prospectus, which contains more complete information on investment objectives, charges, fees, risks, and expenses. Please read and consider the information in the prospectus carefully before investing.
Other fees wells fargo brokerage account 100 free trades commissions apply to a WellsTrade account. For complete information regarding fees and commissions refer to www. June 01, Log In Sign Up.