Accounts & Products

Schwab One® Brokerage Account

Our popular brokerage account lets you invest in everything from stocks and bonds to mutual funds, ETFs, and more. Take advantage of all our research and tools, expert insight, and investment guidance to support your investing decisions.

What are the fees and commissions?

Service fees: $0¹
Minimum required to open an account: $1,000²
Commissions: $8.95 per online equity trade;³ $0 per Schwab ETF online trade in your Schwab account⁴

What do I get with this brokerage account?

Every Schwab account comes with investment help and guidance. With this account, you’ll get:

An easy way to trade stocks, options, bonds, ETFs, mutual funds, CDs, and more⁵
Access to professional-level proprietary and third-party research and tools
Expert perspective on today's markets
Easy access to your money with a Visa® check card, checks, online bill pay, and fund transfers
24/7 service and support
Freedom to manage your money and deposit checks from anywhere using Schwab Mobile

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Ready to get started?

Select your brokerage account type:

Need Help? Call 866-232-9890.

Account fees and commissions

There is no fee to open or maintain an account at Schwab.

Minimum opening deposit: $1,000 (waived with automatic $100 monthly deposits or by opening a Schwab Bank High Yield Investor Checking® account linked to your brokerage account)²
Monthly service charge: $0
Online equity trades: Just $8.95,³regardless of your account balance, how often you trade, or how many shares you trade

Want complete pricing details?

Review all our account fees and minimums.

Quick answers to related questions

Have questions about our brokerage account? Here are responses to some of the most common questions we hear. If you have a specific question, please call us at 866-232-9890.

How do I open this account?

It’s quick and easy to apply online once you’ve gathered the required information listed on the Online Application Checklist. You can also download an application and mail it back to us, request an application by mail, or call 866-232-9890 for assistance anytime.

When can I access my account?

We’ll send you your account number as soon as your application is completed and approved. You can use your account number to log in to Schwab.com and manage your account.

Can I access my account online right away?

If you open your account online, we’ll send you your account number after you complete the process and you’ll be able to log in to view your account. However, you’ll need to deposit money or transfer investments into the account before you can begin investing.

How do I deposit money into my account?

There are several ways you can make a deposit:

Transfer funds or assets from an external account.
Request a wire transfer to your account from another financial institution.
Deposit a check by mail or in person at your local Schwab branch.

What else do I get with a Schwab One brokerage account?

A Schwab One brokerage account gives you:

Easy access to your money with fund transfers and checks, a Visa Platinum debit card, and free online bill pay.
Additional features, such as low rates on margin loans and income paid daily on your cash balance.

Applying for a Schwab One brokerage account is fast and easy.

It helps to have the following information on hand before you get started:

Social Security number for all account holders
Driver’s license information for all account holders
Employer’s name and address for all account holders (if applicable)
Statement information for assets or cash you may want to transfer

Take the next step.

Download a brokerage application
Request a Schwab One brokerage application by mail
See all Schwab accounts

We're here to help.
OPEN
We’ll help you choose the right account. Call 877-627-7734 or visit a local branch.
FUND
Your New Client Concierge will help you take care of the paperwork, transfer assets, and more.
INVEST
Get a complimentary 1-on-1 consultation to select the right investments based on your goals.

1. There are no fees to open or maintain your account. Other fees may apply; please see pricing details.

2. The $1,000 minimum required to open an account is waived if you set up an automatic monthly transfer of $100 through direct deposit or Schwab MoneyLink or open a Schwab Bank High Yield Investor Checking account linked to your brokerage account.

3. Restrictions apply: The $8.95 commission does not apply to foreign stock transactions, large block trading transactions requiring special handling, or restricted stock transactions. All broker-assisted and automated phone trades are subject to service charges. See the Charles Schwab Pricing Guide for details. Employee equity compensation transactions are subject to separate commission schedules.

4 Restrictions apply: Online trades of Schwab ETFs™ are commission-free at Charles Schwab & Co., Inc. (member SIPC), while trades of third-party ETFs are subject to commissions. Broker-assisted and automated phone trades are subject to service charges. A minimum $1,000 deposit is required to open most Schwab brokerage accounts. Waivers may apply. See the Charles Schwab Pricing Guide for details. All ETFs are subject to management fees and expenses.

5. Account must be approved and funded before trading can occur.

Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.

Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with Charles Schwab & Co., Inc.

System availability and response times are subject to market conditions and mobile connection limitations. Schwab Mobile Deposit service is subject to certain eligibility requirements, limitations, and other conditions. Enrollment is not guaranteed and standard hold policies apply. Click here for details.

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