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 do I get with this account?
By opening a brokerage account with Charles Schwab, you'll get:
- An easy way to trade stocks, options, bonds, ETFs, mutual funds, CDs, and more1
- Access to proprietary and third-party research and tools
- Expert perspective advice on markets and investing
- 24/7 service and support
- Ability to manage your money and deposits from anywhere using Schwab Mobile
No account opening fees, low minimum
Charles Schwab brokerage accounts feature:
- No fees to open or maintain an account. Other account fees, fund expenses, and brokerage commissions may apply
- $1,000 minimum investment to open an account2
- Commissions: $8.95 per online equity trade3; commission-free Schwab ETF online trades in your Schwab account4
- Social Security number(s)
- Driver's license information
- Employer's name and address (if applicable)
- Statement information for assets or cash you may want to transfer
Need Help? Call 866-232-9890
1. Account must be approved and funded before trading can occur.
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 certain third-party ETFs are subject to commissions. Broker-assisted and automated phone trades are subject to service charges. Waivers may apply. See the Charles Schwab Pricing Guide for details. All ETFs are subject to management fees and expenses. An exchange process fee applies to sell transactions.
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 .
Schwab One Brokerage Account is rated
Rated 5 out of
Even I have a hard time making a mistake
I am not a pro trader, but I find myself online with Schwab a lot. With the ups and downs of the market in the past couple of years I am finding that I need to be "on my toes" and that I am doing more than just buying an index fund and forgetting about it.
That means new types of trades and new terms. That also means getting new data.
Schwab has good tools to help with all of this. The help links are where they are easy to find, and when I do something that may not be the best thing to do, I get a nice advisory response when I submit the request.
Don't be afraid to make your own trades. This software is designed to help you through the process.
Date published: 2011-07-06
Rated 4 out of
For a better view.
The logistics of the Schwab system are terrifically user friendly and efficient. I only wish that - and this may be what is being addressed through the StreetSmart/Edge program - there would be a more thorough and broad access to financial news, reports, info. etc. through the Schwab system, as there are currently several areas/sectors which the Schwab resources are particularly weak in (i.e. global markets/foreign equities, mining and minerals, much of the energy sector, high-tech industries... to name a few, but important, areas of contemporary investment import). This would add a better perspective to our/your Client experience and decision making process. Thank you.
Date published: 2011-04-04
Rated 1 out of
Screwed me out of money!
Schwab had a system error when purchasing a stock. It ended up purchasing a stock twice. THEIR FAULT
Not having the assets in the account I had a negative balance.
Instead of canceling one of the transactions, they said the transaction was valid.
They informed me of the mistake a week after their mistake happened! (AGAIN THEIR FAULT), the stock price had fallen, so selling it was not an option because I would have taken the loss. (NOT THEM)
On issues like this Schwab forces sells of stocks to cover balances.
Since I was going to be forced to sell enough to cover, I sold my entire portfolio and I am canceling my account here.
Date published: 2012-06-02
Rated 4 out of
Good to Excellent
Schwab does a great job with processing trades and transactions. Personnel are professional, informed and helpful. It would be nice if you could make global changes to any or all accounts in a single step. The retirement planning help available is top notch.
The thing that is most annoying is that for funds kept in cash the returns available are low. This forces me to link accounts to other accounts outside of Schwab to get even meager returns instead of near 0 returns inside of Schwab. It makes me do more transactions than I should have to and it takes my money and puts it in another institution. A win win would be better rates for me and more money inside Schwab for you.
Date published: 2013-09-26
Rated 4 out of
I am very happy with Schwab, but very unhappy with these types of emails in which, I feel the sole objective is for me to try to bring you guys business. I did not sign up for Schwab to bring you guys business. I signed up to receive good client support at affordable rates. I actually do recommend Schwab to people from time to time, but when I get emails like this, I want to rescind those invitations.
In the future, my suggestion, would be to ask me about how I am treated at schwab, and hope that after I see that I am treated well that I will be more likely to speak to friends about you guys, rather than create an email who's purpose is to have me do your selling for you.
Date published: 2011-12-12
Rated 1 out of
The account opening process at Schwab has been a nightmare. Multiple calls to customer service have been futile. Information has been lost by Schwab's systems. I have had to drive to a branch for assistance. Several issues remain unresolved. Schwab employs seasonal workers in customer service that leave with problems unresolved.
I have lost all confidence in Schwab during the process of simply trying to get my account open and set up. I am afraid to even attempt to use the trading systems since all I have experienced so far is excuses about systems that don't work properly.
Date published: 2012-06-01
Rated 1 out of
PCRA group is terrible
I opened account in three yrs ago. First trade this yr was denied due to account restriction. After several phone calls, waited for hours on the phone, I was told the restrictions were lifted. During those hours of phone conversation, every time I got to a different person, the answers regarding the reasons of the restriction were different. It seemed like they don't know what they talked about and they do not care what they talked about. There was not documentation regarding their contact with the customers.
I was able to trade after that. Now there is a restriction on my trading again, and nobody has get back to me, explaining why after I left voicemail with the manager and sent email messages.
Date published: 2011-02-14
Rated 5 out of
Efficient and Congenial
Education is a very important thing. Education begins with the basics, such as what is the Roth-IRA and how does it work, how to set it up. We had a meeting at the Glendale office, about the StreetSmartEdge. The leader was incredible, and very respectful to all of us, whatever our questions or level of knowledge. He was not selling, or persuading. He used example of his own investment strategies and experiences. On phone calls, the staff genuinely assist clients in placing trades on-line, even though the fees for Schwab are low with on-line trades. The staff are focused and efficient, yet also pleasant and congenial; there is a delicate balance there. One senses that these people invest, research, pay attention, stay informed.
Date published: 2011-12-15