Schwab offers $0 commissions on online trades.¹ But that's just the beginning.
Compare for yourself.
Pricing: $0 commissions on online listed stock, ETF, and options trades
Pricing: $0 commissions on online listed stock, ETF, and options trades
- Schwab
- E*TRADE
- Fidelity
- Vanguard
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Online listed stock and options commissions1>Schwab$0>E*TRADE$0>Fidelity$0>Vanguard$0>
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Standard options per contract fees>Schwab$0.65>E*TRADE$0.65>Fidelity$0.65>Vanguard$1.00>
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Online listed ETF commissions1,2>Schwab$0>E*TRADE$0>Fidelity$0>Vanguard$0>
Competitor firm pricing information obtained from their respective websites as of 1/1/2023. Competitor pricing and offers subject to change without notice.
- View pricing disclosures
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1. Standard online $0 commission does not apply to over-the-counter (OTC) equities, transaction-fee mutual funds, futures, fixed-income investments, or trades placed directly on a foreign exchange or in the Canadian market. Options trades will be subject to the standard $0.65 per-contract fee. Service charges apply for trades placed through a broker ($25) or by automated phone ($5). Exchange process, ADR, and Stock Borrow fees still apply. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules.
2. ETFs at Charles Schwab & Co., Inc. ("Schwab") which are U.S. exchange-listed can be traded without a commission on buy and sell transactions made online in a Schwab account. Unlisted ETFs are subject to a commission. Please see pricing guide for additional information. Schwab does not receive payment to promote any particular ETF to its customers. Schwab's affiliate Charles Schwab Investment Management, Inc. ("CSIM") serves as investment advisor to the Schwab ETFs, which compensate CSIM out of the applicable operating expense ratios. The amount of the fees is disclosed in the prospectus of each ETF.
View pricing disclosures
Take the next step.Service: Convenient access + a Satisfaction Guarantee†
Service: Convenient access + a Satisfaction Guarantee†
Service: Convenient access + a Satisfaction Guarantee†- Schwab
- E*TRADE
- Fidelity
- Vanguard
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Satisfaction Guarantee>SchwabYes>E*TRADENo>FidelityNo>VanguardNo>
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Security Guarantee>SchwabYes>E*TRADEYes>FidelityYes>VanguardYes>
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300+ branch locations>SchwabYes>E*TRADENo>FidelityNo>VanguardNo>
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24/7 customer service>SchwabYes>E*TRADEYes>FidelityYes>VanguardNo>
Schwab’s Satisfaction Guarantee:
Schwab's Satisfaction Guarantee: If for any reason you're not completely satisfied, we will refund your eligible fee or commission and work with you to make things right. Learn more
Security Guarantee: Schwab will cover losses in any of your Schwab accounts due to unauthorized activity.
Choice: 2,000+ listed commission-free ETFs3 and 4,000+ no-load, no-transaction-fee mutual funds4
Choice: 2,000+ listed commission-free ETFs2 and 4,000+ no-load, no-transaction-fee mutual funds3
Choice: 2,000+ listed commission-free ETFs3 and 4,000+ no-load, no-transaction-fee mutual funds4- Schwab
- E*TRADE
- Fidelity
- Vanguard
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2,000+ listed commission-free ETFs>SchwabYes2>E*TRADEYes>FidelityYes>VanguardNo>
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4,000+ no-load, no-transaction-fee mutual funds>SchwabYes3>E*TRADEYes>FidelityNo>VanguardNo>
- View disclosures about choice
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2. ETFs at Charles Schwab & Co., Inc. ("Schwab") which are U.S. exchange-listed can be traded without a commission on buy and sell transactions made online in a Schwab account. Unlisted ETFs are subject to a commission. Please see pricing guide for additional information. Schwab does not receive payment to promote any particular ETF to its customers. Schwab's affiliate Charles Schwab Investment Management, Inc. ("CSIM") serves as investment advisor to the Schwab ETFs, which compensate CSIM out of the applicable operating expense ratios. The amount of the fees is disclosed in the prospectus of each ETF.
3. Trades in no load funds available through Schwab's Mutual Fund OneSource® service (including Schwab Funds), as well as certain other funds, are available without transaction fees when placed through schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge applies. Schwab's short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Mutual Fund OneSource® service and held for 90 days or less. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds. 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.
View disclosures about choice
Trading: Specialized platforms, tools, and education
Trading: Specialized platforms, tools, and education
Trading: Specialized platforms, tools, and education- Schwab
- E*TRADE
- Fidelity
- Vanguard
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Platforms and support teams specialized for traders>SchwabYes>E*TRADEYes>FidelityYes>VanguardNo>
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Exclusive daily live educational content>SchwabYes>E*TRADENo>FidelityYes>VanguardNo>
Putting clients first gets noticed.
#1 in Investor Satisfaction with Full-Service Wealth Management Firms
J.D. Power 2023 U.S. Full-Service Investor Satisfaction Study℠
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Charles Schwab received the highest score in the J.D. Power 2023 U.S. Full-Service Investor Satisfaction Study, which measures investor satisfaction with full-service investment firms. Visit jdpower.com/awards for more details. The J.D. Power 2023 U.S. Full-Service Investor Satisfaction Study is independently conducted, and the participating firms do not pay to participate. Use of study results in promotional materials is subject to a license fee.
The only broker to rank in the top three for all 11 years!
Investor's Business Daily: Best Online Brokers 2023
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Investor's Business Daily award was given on January 30, 2023, and is for a 15-month timeframe. The criteria, evaluation, and ranking were determined by Investor’s Business Daily. Schwab paid a licensing fee to York Graphic Services, LLC for use of the award and logos.
Ranked #1 Most Trusted Bank
Investor's Business Daily: Most Trusted Financial Companies 2023 (Bank)
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The IBD Most Trusted Bank award was given to Charles Schwab Bank on September 25, 2023, and expires December 31, 2024. The criteria, evaluation, and ranking were determined by Investor's Business Daily. Schwab paid a licensing fee to York Graphic Services, LLC for the use of the award and logos.
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