Schwab offers $0 commissions on online trades.¹ But that's just the beginning.

Compare for yourself.

Pricing: $0 commissions on online listed stock, ETF, and options trades

Pricing: $0 commissions on online listed stock, ETF, and options trades

Pricing: $0 commissions on online listed stock, ETF, and options trades
  • Schwab
  • E*TRADE
  • Fidelity
  • Vanguard
  • Online listed stock and options commissions1
  • Schwab
    $0
  • E*TRADE
    $0
  • Fidelity
    $0
  • Vanguard
    $0
  • Standard options per contract fees
  • Schwab
    $0.65
  • E*TRADE
    $0.65
  • Fidelity
    $0.65
  • Vanguard
    $1.00
  • Online listed ETF commissions1,2
  • Schwab
    $0
  • E*TRADE
    $0
  • Fidelity
    $0
  • Vanguard
    $0

Competitor firm pricing information obtained from their respective websites as of 7/1/2025. Competitor pricing and offers subject to change without notice.

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). Industry fees, ADR fees, and Stock Borrow fees still apply. See the Pricing Guide for additional details.

2. ETFs at Charles Schwab & Co., Inc. ("Schwab") 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. Trade orders placed through a broker will receive the negotiated broker-assisted rate. An exchange process fee applies to sell transactions. All ETFs are subject to management fees and expenses. Please see Pricing Guide for additional information. Schwab does not receive payment to promote any particular ETF to its customers.

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Service: Convenient access + a Satisfaction Guarantee†

Service: Convenient access + a Satisfaction Guarantee†

Service: Convenient access + a Satisfaction Guarantee†
  • Schwab
  • E*TRADE
  • Fidelity
  • Vanguard
  • Satisfaction Guarantee
  • Schwab
    Yes
  • E*TRADE
    No
  • Fidelity
    No
  • Vanguard
    No
  • Security Guarantee
  • Schwab
    Yes
  • E*TRADE
    Yes
  • Fidelity
    Yes
  • Vanguard
    Yes
  • 300+ branch locations
  • Schwab
    Yes
  • E*TRADE
    No
  • Fidelity
    No
  • Vanguard
    No
  • 24/7 customer service
  • Schwab
    Yes
  • E*TRADE
    Yes
  • Fidelity
    Yes
  • Vanguard
    No

Competitor information obtained from their respective websites as of 7/1/2025. Competitor information subject to change without notice.

Schwab's Satisfaction Guarantee:

ᶧSchwab Satisfaction Guarantee: If for any reason you're not completely satisfied, we'll refund any eligible fees or commission related to your concern.*

The Schwab Security Guarantee: Schwab will cover losses in any of your Schwab accounts due to unauthorized activity. Learn more.

Choice: 3,000+ listed commission-free ETFs3 and 4,000+ no-load, no-transaction-fee mutual funds4

Choice: 3,000+ listed commission-free ETFs2 and 4,000+ no-load, no-transaction-fee mutual funds3

Choice: 2,000+ listed commission-free ETFs3 and 4,000+ no-load, no-transaction-fee mutual funds4
  • Schwab
  • E*TRADE
  • Fidelity
  • Vanguard
  • 3,000+ listed commission-free ETFs
  • Schwab
    Yes2
  • E*TRADE
    Yes
  • Fidelity
    Yes
  • Vanguard
    Yes
  • 4,000+ no-load, no-transaction-fee mutual funds
  • Schwab
    Yes3
  • E*TRADE
    Yes
  • Fidelity
    No
  • Vanguard
    No

Competitor information obtained from their respective websites as of 9/11/2025. Competitor information subject to change without notice.

2. ETFs at Charles Schwab & Co., Inc. ("Schwab") 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. Trade orders placed through a broker will receive the negotiated broker-assisted rate. An exchange process fee applies to sell transactions. All ETFs are subject to management fees and expenses. Please see Pricing Guide for additional information. Schwab does not receive payment to promote any particular ETF to its customers.

3. Schwab's short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab's Mutual Fund OneSource service and held for 90 days or less. Schwab reserves the right to exempt certain funds from this fee, including Schwab Funds®, which may charge a separate redemption fee, and funds that accommodate short-term trading. Funds are also subject to management fees and expenses.

See our ETF choices See our Mutual Fund choices

Trading: Specialized platforms, tools, and education

Trading: Specialized platforms, tools, and education

Trading: Specialized platforms, tools, and education
  • Schwab
  • E*TRADE
  • Fidelity
  • Vanguard
  • Platforms and support teams specialized for traders
  • Schwab
    Yes
  • E*TRADE
    Yes
  • Fidelity
    Yes
  • Vanguard
    No
  • Exclusive daily live educational content
  • Schwab
    Yes
  • E*TRADE
    No 
  • Fidelity
    Yes
  • Vanguard
    No

Competitor information obtained from their respective websites as of 7/1/2025. Competitor information subject to change without notice.

Learn more about trading

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