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  Charles Schwab

Charles Schwab

in Brokerages from Charles Schwab

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Charles Schwab

Unaffiliated

in Brokerages from Charles Schwab

SuperMoney Net Recommendation Score 0% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

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1 user doesn't recommend
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Highlights
Highlights
Community Rating Mostly recommended
Online Trade Starting at $4.95
Minimum to Open Account $0
Margin Rate Starting at 8.57%
Broker Assisted Trading Fee Starting at $25

Overview

Where is Charles Schwab based?

Charles Schwab is a brokerage based in San Francisco, CA. Founded in 1971, Charles Schwab is a good option for experienced traders who require additional research tools and more advanced reports.

This brokerage is a good choice for frequent traders who are looking for a fast platform with low costs that includes tools designed for day traders.

What assets can you invest in with Charles Schwab?

Charles Schwab gives users access to a wide selection of investment choices. These include:
Charles Schwab Investment Options
Supported Options Unsupported Options
  • Stocks
  • Options
  • Bonds
  • Mutual Funds
  • FOREX
  • Futures
  • Cryptocurrencies
  • International Stocks
  • Pink Sheets / OTCBB
  • Real Estate
  • Marketplace Loans
  • Startups
  • What trading fees does Charles Schwab charge?

    The online trading fees of Charles Schwab are below the average ($8.90) for online brokerages. However, there are other fees to consider.
    Charles Schwab Fees
    Trading Fees Amount
    Online Trade Fee $4.95
    Broker Assisted Trading Fee $25
    ETF Trade $4.95
    Outgoing International Bank Transfer Fee $25

    How much do you have to invest to open an account?

    Charles Schwab does not have a minimum amount to start an account.

    What is the minimum amount to open a margin account?

    Charles Schwab allows investors to borrow from a margin account and there is no minimum amount

    What margin rates does Charles Schwab offer?

    Charles Schwab offers a margin rate that ranges from 8.57%.

    What brokerage features does Charles Schwab offer?

    Charles Schwab provides users with a variety of tools. These include:
    Charles Schwab Brokerage Features
    Supported Options Unsupported Options
  • No-Commission ETFs
  • Retail Locations
  • Online Live Chat
  • 24/7 Support
  • Broker Assisted Trades
  • Stocks
  • No Fee IRAs
  • Advisor Services
  • Declines Payment for Order Flow (Equities)
  • Declines Payment for Order Flow (Options)
  • Dividend Reinvestment
  • Automated Trading Strategy
  • Real Time Quotes
  • Automated Trading Strategy
  • Account Transfer Fee Reimbursement
  • What research tools does Charles Schwab offer investors?

    Charles Schwab does not provide its users with a wide selection of research tools. It only includes 2 of the 15 research tools we track.
    Charles Schwab Research Tools
    Supported Options Unsupported Options
  • ETF Top 10 Holdings
  • Fund Prospectus Access
  • Global Markets Analysis
  • Historical Performance Analysis
  • Insider Transactions
  • Live Seminars
  • Mutual Bonds Analysis
  • Mutual Funds Analysis
  • Past Earnings Reports
  • Portfolio Allocation
  • SEC Filings
  • Social Sentiment Analysis
  • Stock Metric Comparisons
  • Account Transfer Fee Reimbursement
  • Webinars
  • SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

    Feature Breakdown

    Annual Fee $0
    Paper Statement Fee $0
    Returned Deposit Fee (Domestic) $0
    Wire Transfer Fee - International (Incoming) $0
    Returned Deposit Fee (International) $0
    Wire Transfer Fee - Domestic (Incoming) $0
    Online Trade Starting at $4.95
    Wire Transfer Fee - Domestic (Outgoing) $25
    Wire Transfer Fee - International (Outgoing) $25
    ETF Trades Starting at $4.95
    Margin Rate Starting at 8.57%
    Broker Assisted Trading Fee Starting at $25
    Research and Reports  
    Dividend Reinvestment  
    Automated Trading Strategy  
    No-Commission ETFs  
    Brokerage Features
    • 24/7 Support
    • Dedicated Financial Advisors
    • Email Support
    • Mobile Trading
    • No-Commission ETFs
    • Online Banking
    • Online Live Chat
    • Phone Support
    • Retail Locations
    • Trading Platform
    Research Tools
    • Fixed Income
    • Retirement
    Investor Type
    • Beginner Traders
    • Advanced Traders
    • Frequent Traders
    • High Balance Investors

    Reviews

     
     

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