Commission-free trading online. Same award-winning experience.
- $0 online trades1+ $0.65 per options contract3
- No account or trade minimums
- No hidden fees
Trading Fees and Commissions
$0
Listed Stocks and ETFs
online commission1,2
$0
Options
online base commission + $0.65 per contract fee3
$0
Mutual Funds
on thousands of funds from Schwab Mutual Fund OneSource4
$0
Bonds - New Issues
Online trading***
Ready to get started?
Open an account
Trading Fees and Commissions
- Online Trades
- Broker-Assisted Trades
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Listed Stocks and ETFs1,2
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Online Trades$0 online commission
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Broker-Assisted Trades$0 + $25 service charge
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Options3,5
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Online Trades$0 online base commission + $0.65 per contract fee6
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Broker-Assisted Trades$0.65 per contract + $25 service charge
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Exercised and Assigned Options
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Online Trades$0 online commission
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Broker-Assisted Trades$0 commission
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US Over-The-Counter (OTC) Equities1
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Online Trades$6.95
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Broker-Assisted Trades$6.95 + $25 service charge
Spacing
Account Fees and Minimums
- Opening and Maintenance Fees†
- Account Minimums
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Brokerage (Individual and Joint)
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Opening and Maintenance Fees†$0
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Account Minimums$0
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IRA (Traditional, Roth, or Rollover)
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Opening and Maintenance Fees†$0
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Account Minimums$0
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Schwab Global Account™
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Opening and Maintenance Fees†$0
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Account Minimums$0
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Schwab One® Trust
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Opening and Maintenance Fees†$0
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Account Minimums$0
Schwab Bank Account information
For Schwab Bank Account information: Schwab Bank Investor Checking™ and Schwab Bank Investor Savings™
Investment Management Fees and Minimums
- Costs and Fees
- Account Minimums
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Schwab Intelligent Portfolios®12Just as if you'd invested on your own, you will pay the operating expenses on the ETFs in your portfolio—which includes Schwab ETFs. We believe cash is a key component of an investment portfolio. Based on your risk profile, a portion of your portfolio is placed in an FDIC-insured deposit at Schwab Bank. Some cash alternatives outside of the programs pay a higher yield. See more information below.
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Costs and FeesNo advisory fee + No commissions
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Account Minimums$5,000
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Schwab Intelligent Portfolios Premium®12Just as if you'd invested on your own, you will pay the operating expenses on the ETFs in your portfolio—which includes Schwab ETFs. We believe cash is a key component of an investment portfolio. Based on your risk profile, a portion of your portfolio is placed in an FDIC-insured deposit at Schwab Bank. Some cash alternatives outside of the programs pay a higher yield. See more information below.
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Costs and FeesOne-time planning fee: $300Monthly advisory fee: $30
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Account Minimums$25,000
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Schwab Wealth Advisory™13
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Costs and FeesStarts at 0.80%(Fee rates decrease at higher asset levels)
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Account Minimums$500,000
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Schwab Advisor Network®14
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Costs and FeesNo charge for referralsFees vary by advisor
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Account Minimums$500,000
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The Schwab Satisfaction Guarantee
We believe every investor deserves to work with a firm they can count on. At Schwab, our commitment to your satisfaction is backed by a guarantee. If for any reason you’re not completely satisfied, we’ll refund your eligible fee or commission and work with you to make things right.**
Common Questions
There is no minimum investment needed to open a brokerage account.
There are no fees to open and maintain a Schwab account.
We believe every investor deserves to work with a firm they can count on. At Schwab, our commitment to your satisfaction is backed by a guarantee. If for any reason you're not completely satisfied, we'll refund your eligible fee or commission and work with you to make things right.** You won't find that kind of promise everywhere—but you will find it here.
No, as long as you place the trade yourself, you do not have to pay the "broker-assisted trade" fee.
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