Each T. Rowe Price Brokerage account offers a high standard of service, competitive prices, and quick online access that every self-directed investor needs. Choose from among three account types.

Brokerage

You can trade individual securities and invest in non-T. Rowe Price mutual funds with a low initial investment of just $2,500. You’ll have full online access and receive a consolidated statement and competitive commission rates. A cash management checkwriting option and easy exchange between mutual funds from other fund families are available.

Brokerage Advantage

This premium account allows investors with higher balances to consolidate their investments. It offers all the features of a Brokerage account plus expanded benefits, including a secured line of credit,* unlimited checkwriting, VISA Gold ATM and debit/check card, and one-step exchange between T. Rowe Price and other fund families. The minimum initial investment is $10,000, and there is a $40 cash management fee for accounts with activated debit card or checkwriting services.** Brokerage Advantage is not available for retirement accounts.

*Available for customers who have been approved for a margin account.

**Customers subject to the $40 cash management fee will not be charged the $30 annual account fee.

For more information, see our complete Commission and Fee Schedule.
Brokerage IRA

This account lets you direct your individual retirement account by trading in individual securities and investing in non-T. Rowe Price mutual funds—all at our competitive commission rates. Traditional, Roth, and rollover accounts are available. The low initial investment is just $1,000.

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T. Rowe Price Brokerage is a division of T. Rowe Price Investment Services, Inc., member FINRA/SIPC. Brokerage accounts are carried by Pershing LLC, a BNY Mellon company, member NYSE/FINRA/SIPC.