Truist Financial broker Accounts

Truist Financial Account Types

　　Truist Financial offers two primary types of brokerage accounts: Truist Invest and Truist Trade.

Minimum Investment: $5,000 to start.
Annual Program Fee: 0.85%.
Features: Automated investing with access to financial advisors when needed. Ideal for those who prefer a managed approach to investing.
Investment Options: Includes IRA or brokerage accounts through advisors.

Minimum Investment: $0 to start (after initial funding of at least $1).
Annual Fee: $60, with ways to waive.
Commission Fees: $0 for up to 1,000 shares per order of common stock and ETFs; $0.03 per share for lots exceeding 1,000 shares.
Features: Self-directed trading for hands-on, real-time trading. Offers in-depth market insights and built-in stock screening.

　　To open a brokerage account with Truist, follow these steps:

　　Choose Your Account Type: Decide whether you want to open a Truist Invest account for managed investing or a Truist Trade account for self-directed trading.
　　Visit the Website: Go to the Truist website and navigate to the account opening section for either Truist Invest or Truist Trade.
　　Complete the Application: Fill out the online application form. You will need to provide personal information, including your Social Security number, employment details, and financial information.
　　Fund Your Account: For Truist Invest, ensure you have at least $5,000 to fund your account. For Truist Trade, you can start with as little as $1 after initial funding.
　　Review and Submit: Double-check all provided information for accuracy and submit your application.
　　Account Verification: Truist will verify your information, which may take a few business days.
　　Start Investing: Once your account is approved and funded, you can begin trading or investing according to your chosen account type.