Investment Brokerage Firms

How do I transfer my stocks from one brokerage firm to another?

My brokerage sucks money. They sell off my stock every six months to pay their fees. I want to go to a less expensive firm but don't know how to do that. Does it cost money for me to transfer them to another brokerage? Can anyone recommend and inexpensive brokerage? I have a very limited amount of stock but don't want to sell them now. Thank You!

Public Comments

1. why are you want to change to another brokerge? Not That, Just order Them, i don't want to sell, if they force on you. you can also complain over them on exchange board or many rule you can real by SEBofyou-exchange name
2. It is very easy to transfer your account. Let's take an example. Scottrade charges $7 a transaction. So to transfer your account to Scottrade go to their on line site and print off the form to transfer the account. Fill it out, mail it to Scottrade and wa-la they will do all the work for you. Your existing broker will probably charge you a fee for the transfer, should be about $35. If you as Scottrade nicely before you do the transfer if they will reinburse you for the transfer fee, I bet they will say yes. http://www.scottrade.com/