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Brokerage Account Review

WellsTrade®

Wells Fargo Advisors

Stock trades $0 online for stocks and ETFs. Wells Fargo customers who want banking and self-directed investing together.

At a Glance

Stock Trades

$0 online for stocks and ETFs

Options Trades

$0 + $0.65/contract online

Min. Deposit

$0

Research Tools

Intermediate

Fractional Shares

Yes

Crypto Trading

No

Rates & Fees

Stock Trades

$0 online for stocks and ETFs

Options Trades

$0 + $0.65/contract online

Min. Deposit

$0

Account/Inactivity Fee

No opening minimum; transaction and service fees may apply

Full Transfer-Out Fee

$49.95 per outgoing account transfer

Key Features

Bank and brokerage accounts under one Wells Fargo sign-on

$0 online stock and ETF commissions

Fractional-share investing through Wells Fargo Mobile

Pros & Cons

Pros

  • Easy transfers for Wells Fargo banking customers
  • Self-directed taxable and retirement accounts
  • Online stock and ETF trades carry no commission

Tradeoffs

  • $49.95 outgoing transfer fee
  • Options cost $0.65 per contract and exercise/assignment may cost extra
  • Research and active-trading tools are lighter than specialist brokers

Best for: Wells Fargo customers who want banking and self-directed investing together

How to Apply

Decide which account type fits your goal — Wells Fargo Advisors offers Individual, Traditional IRA, Roth IRA, and more.

Have your Social Security number, employment information, and a funding source (bank account or transfer) ready.

Open the account directly on Wells Fargo Advisors's site or app; identity verification is required by federal law for all brokerages.

Fund the account with any amount — this broker has no minimum deposit requirement.

Review commission schedules and any account fees before placing your first trade.

How It Compares

Current product highlighted
ProductStock TradesOptions TradesMin. Deposit
WellsTrade®$0 online for stocks and ETFs$0 + $0.65/contract online$0
Fidelity Investments$0$0.65/contract$0
Charles Schwab$0$0.65/contract$0
E*TRADE$0$0.65/contract ($0.50 for 30+ trades/qtr)$0

Frequently Asked Questions

Does Wells Fargo Advisors charge fees to trade stocks?

Wells Fargo Advisors's stock trade commission is "$0 online for stocks and ETFs." Options trades are priced at $0 + $0.65/contract online, and other fees (like broker-assisted trades or account transfers) can still apply.

What's the minimum deposit for Wells Fargo Advisors?

Wells Fargo Advisors doesn't require a minimum deposit to open an account, so you can start with any amount.

Can I trade fractional shares and crypto with Wells Fargo Advisors?

Wells Fargo Advisors supports fractional shares, and does not offer direct crypto trading.

Are there any ongoing or account-closing fees with Wells Fargo Advisors?

Account/inactivity fee: No opening minimum; transaction and service fees may apply. Fee to transfer your full account to another broker: $49.95 per outgoing account transfer. Transfer-out fees are common industry-wide and are charged by the broker you're leaving, not the one you're moving to.

How does Wells Fargo Advisors compare to other brokerages?

See the "How It Compares" table on this page for a few close alternatives side by side, or browse the full list of brokerage accounts to compare commissions, minimums, and platform features.

Other Brokerage Accounts

Fidelity Investments

Stock trades: $0

Charles Schwab

Stock trades: $0

E*TRADE

Stock trades: $0

Fees and features shown are illustrative as of 2026 and subject to change — always confirm current terms directly with the broker before opening an account.

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