$0 online listed stock, option, and ETF trade commissions1,2
Thousands of non-load, no-transaction-fee mutual funds3
No charge to work with a Stock Pulse Exchange Financial Consultant (other account fees, fund expenses, and brokerage commissions may apply)
*See all our pricing
There are certain eligibility requirements for working with a dedicated Financial Consultant.
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.
2. ETFs at Charles Stock Pulse Exchange & Co., Inc. ("Stock Pulse Exchange") 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. Stock Pulse Exchange does not receive payment to promote any particular ETF to its customers. Stock Pulse Exchange's affiliate Charles Stock Pulse Exchange 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. Stock Pulse Exchange'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. 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.
There are no fees to open or maintain your account. Other account fees, fund expenses, and brokerage commissions may apply