Low Brokerage Fees & Commissions
Low pricing and no account minimums.*
- Zero monthly service fees.*
- No account minimums.*
- $4.95 online equity trades regardless of your account balance or how often you trade.1
- Trade over 200 ETFs commission free online through Schwab ETF OneSource 2
Open an Online Brokerage Account.
Online Brokerage Education, Courses & Seminars
Local branch and online workshops, webcasts, and videos.
- Learn investing fundamentals or advanced investing
strategies at a local branch near you.
- Listen and watch live and recorded online workshops
with Schwab professionals.
Trade, Check Balances, Transfer
300 Local Branches &
Trade Stocks, ETFs, Bonds,
*There is no fee to open and maintain your account. Most Schwab accounts have no minimums. Other account fees, fund expenses, and brokerage commissions may apply. See the Charles Schwab Pricing Guide for Individual Investors (the “Guide”) and any amendments to the Guide for comprehensive details on fees.
**System availability and response times are subject to market conditions and mobile connection limitations. Trades received outside normal market hours will be entered the next business day.
1 Restrictions apply: The $4.95 commission does not apply to foreign stock transactions, large block transactions requiring special handling, or restricted stock transactions. Foreign ordinary shares that trade online in the U.S. over-the-counter (OTC) market and do not settle in the U.S. will have a $50 foreign transaction fee added to the cost of the transaction. All broker-assisted and automated phone trades are subject to service charges. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. Employee equity compensation transactions are subject to separate commission schedules.
2 Conditions Apply: Trades in ETFs available through Schwab ETF OneSource™ (including Schwab ETFs) are available without commissions when placed online in a Schwab account. Service charges apply for trade orders placed through a broker ($25) or by automated phone ($5). An exchange processing fee applies to sell transactions. Certain types of Schwab ETF OneSource transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including Schwab ETFs). Schwab reserves the right to change the ETFs we make available without commissions. All ETFs are subject to management fees and expenses. Please see pricing guide for additional information. Charles Schwab & Co., Inc. receives remuneration from third-party ETF companies participating in Schwab ETF OneSource™ for record keeping, shareholder services and other administrative services, including program development and maintenance. Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with Charles Schwab & Co., Inc. Learn more at schwab.com/SchwabETFs.
3 Schwab Mobile Deposit™ service is subject to certain eligibility requirements, limitations, and other conditions. Enrollment is not guaranteed and standard hold policies apply. Requires a wireless signal or mobile connection.
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***Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab's Mutual Fund OneSource service (and certain other funds with no transaction fee) and held for 90 days or less. Schwab reserves the right to exempt certain funds from this fee, including Schwab Funds®, which may charge a separate redemption fee, and funds that accommodate short-term trading. Funds are also subject to management fees and expenses.
Charles Schwab & Co., Inc., member SIPC, receives remuneration from fund companies participating in the Mutual Fund OneSource service for recordkeeping and shareholder services and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.
Investors should carefully consider information contained in the prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by calling Schwab at 800-435-4000. Please read the prospectus carefully before investing.
Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV).