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REDDIT

Best Brokerage Security for Wires/ACH?

O
Feb 10, 2026 · 16:11

Longtime Schwab customer but recently hacked. Long story short, disappointed in Schwab's "transfer out" security. Basically the only 2FA security for wires is text messaging, so if the hacker also gets your phone # you're screwed. Do any other brokerages (i.e. Fidelity, Vanguard, Chase) offer better "transfer out" security, eg ACH/wire lockdowns or limit setting, 2FA authentication, etc.? TIA.