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Withdrawals

 

Get your money when you want it without paying ridiculous fees to get it!  

Whether you want to wire funds, get a check, send money via ACH or SEPA, our clients may take one free withdrawal every month. Yes, that does mean that we will send one wire for free every month (or via any of the other methods).1  

 

After the first free withdrawal (of any kind) in a 30 day period, the following fees will apply for any subsequent withdrawal in that 30 day period: 

North America 
 
Europe
Base Currency Wires Checks ACH/EFT SEPA
CHF 11.00 N/A N/A N/A
CZK 300.00 N/A N/A N/A
DKK 30.00 N/A N/A N/A
EUR 8.00 N/A N/A 1.00
GBP 7.00 N/A N/A N/A
HUF 6,000.00 N/A N/A N/A
NOK 50.00 N/A N/A N/A
RUB 330.00 N/A N/A N/A
SEK 50.00 N/A N/A N/A
Asia-Pacific
Base Currency Wires Checks ACH/EFT SEPA
AUD 15.00 N/A N/A N/A
CNH 60.00 N/A N/A N/A
HKD 95.00 N/A N/A N/A
JPY 1,600.00 N/A N/A N/A
NZD 15.00 N/A N/A N/A
SGD 15.00 N/A N/A N/A

1Special circumstances requiring manual wires may incur additional fees however this is rare.

Withdrawal fees do not cover third-party fees. The account holder will be solely responsible for any fees assessed by a beneficiary or correspondent bank. In addition, processing fees charged by your bank or its correspondent bank, which are not included in our withdrawal fees, may be deducted from wire proceeds.

When considering fees please consider the overall low cost of trading, ultra low margin rates, access to experienced financial consultants and great customer service that you enjoy at Place Trade.  We believe that we offer the lowest overall trading cost of any full service broker.  

 

For information regarding fees please call us at 1-919-719-7200.

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Learn more about retirement planning by visiting some of the links below:

Roth IRA

SEP IRA

SIMPLE IRA

Traditional IRA

Qualified Plans

Rollover IRAs

Find out how Place Trade can help you get the most out of your college planning by visiting some of the links below:


Coverdell ESA

529 College Savings Plans

UGMA/UTMA Accounts