Trade listed U.S. stocks on our StreetSmart® platforms or Schwab.com for a flat 8.95† commission per trade. You can also trade Over the Counter Bulletin Board (OTCBB) and some pink sheet securities online.
Place orders anytime to be executed from 9:30 a.m. to 4:00 p.m. EST. Trading exchanges include NYSE, Euronext, AMEX, NASDAQ, and some regionals.
After Hours Trading
Place stock trading orders pre-market between 8:05pm (previous trading day) and 9:25 a.m. ET for execution between 8:00a.m. and 9:25 a.m. ET. Or place orders post-market between 4:05 p.m. and 8:00 p.m. ET for execution between 4:15 p.m. and 8:00 p.m. ET.
Whether you’re trading stocks or other listed securities, Schwab is committed to delivering the speed and access to liquidity needed to provide you with high-quality executions.
See how a high-quality execution can make all the difference in terms of profitability on a trade:
- Price Improvement- Intelligent order routing seeks the best price for your orders.
- Speed - Get fast, high-quality fills on your orders with SmartEx technology.
- Liquidity - Take advantage of UBS Securities LLC’s deep liquidity pool.
- Transparency - View into the markets using Schwab’s trading platforms.
Intelligent order routing gets you a better price
Learn how our processes create a better trading experience for you:
- Schwab works closely with UBS Securities LLC to ensure orders receive high-quality executions.
- UBS-proprietary, intelligent order-routing technology automatically seeks out the best price for your order, even targeting quotes at a number of exchanges until the order is filled.
See how Schwab’s ability to price-improve client orders stacks up with market makers.
†Restrictions apply: The $8.95 flat commission does not apply to foreign stock transactions, large block transactions requiring special handling, employer negotiated commission schedules applicable to equity compensation transactions, 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. A minimum deposit of $1,000 is required to open most Schwab brokerage accounts. Waivers may apply. See the Charles Schwab Pricing Guide for details. Employee equity compensation transactions are subject to separate commission schedules.
Schwab Trading Services (formerly known as Active Trader or Active Trading services) includes access to StreetSmart® trading platforms, the Schwab Trading Community, and priority access to Schwab trading specialists. Call 888-245-6864 to request access (a Schwab brokerage account is required). Schwab reserves the right to restrict or modify access at any time.
"2013 Online Broker Survey" March 11, 2013. Barron's is a trademark of Dow Jones & Co., L.P. All rights reserved. Reprinted with permission of Barron's.
NASDAQ: Applies to Schwab market orders of 100-1999 shares of NASDAQ 100 securities executed on all market venues.
Listed: Applies to Schwab market orders of 100-1999 shares of listed S&P 500 securities executed on all market venues.
Market Maker performance statistics are derived from SEC Rule 605 order execution data files by Thomson Reuters Transaction Analytics, an independent third party vendor that is not affiliated with Charles Schwab. The Market Maker Average represents the volume weighted performance of all market makers posting Rule 605 data Q3, 2012.