In order to use fidelity rsquo s fully paid stock lending program i decided to transfer some of my individual stock holdings from merrill edge to fidelity i was pleasantly surprised by the smooth experience and here is a quick review of the process 12 1 wednesday i started the transfer process online at fidelity and read about my options.

There arent any fees for opening up or maintaining a fidelity brokerage account but there is a 2 500 investing minimum so you can set.

If you aren rsquo t happy with your brokerage account you now know how to transfer a brokerage account transferring a brokerage account is a fairly easy process for you as an individual investor.

In regards to account fees vanguard charges a 20 annual fee for brokerage and ira accounts on the other hand fidelity doesn rsquo t charge anything vanguard has a few ways to waive this fee including holding at least 10 000 in vanguard etfs and mutual funds holding at least 50 000 in qualifying vanguard assets electing e statements or.