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
- Schwab
- E*TRADE
- Fidelity
- Vanguard
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Online listed stock and options commissions1Schwab$0E*TRADE$0Fidelity$0Vanguard$0
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Standard options per contract feesSchwab$0.65E*TRADE$0.65Fidelity$0.65Vanguard$1.00
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Online listed ETF commissions1,2Schwab$0E*TRADE$0Fidelity$0Vanguard$0
Competitor firm pricing information obtained from their respective websites as of 7/1/2025. Competitor pricing and offers subject to change without notice.
- View pricing disclosures
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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.
View pricing disclosures
Open an accountTake the next step.Service: Convenient access + a Satisfaction Guarantee†
Service: Convenient access + a Satisfaction Guarantee†
Service: Convenient access + a Satisfaction Guarantee†- Schwab
- E*TRADE
- Fidelity
- Vanguard
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Satisfaction GuaranteeSchwabYesE*TRADENoFidelityNoVanguardNo
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Security GuaranteeSchwabYesE*TRADEYesFidelityYesVanguardYes
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300+ branch locationsSchwabYesE*TRADENoFidelityNoVanguardNo
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24/7 customer serviceSchwabYesE*TRADEYesFidelityYesVanguardNo
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
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3,000+ listed commission-free ETFsSchwabYes2E*TRADEYesFidelityYesVanguardYes
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4,000+ no-load, no-transaction-fee mutual fundsSchwabYes3E*TRADEYesFidelityNoVanguardNo
Competitor information obtained from their respective websites as of 9/11/2025. Competitor information subject to change without notice.
- View disclosures about choice
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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.
View disclosures about choice
Trading: Specialized platforms, tools, and education
Trading: Specialized platforms, tools, and education
Trading: Specialized platforms, tools, and education- Schwab
- E*TRADE
- Fidelity
- Vanguard
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Platforms and support teams specialized for tradersSchwabYesE*TRADEYesFidelityYesVanguardNo
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Exclusive daily live educational contentSchwabYesE*TRADENoFidelityYesVanguardNo
Competitor information obtained from their respective websites as of 7/1/2025. Competitor information subject to change without notice.
Putting clients first gets noticed.
J.D. Power 2025: #1 in Customer Satisfaction for Direct Bank Checking Accounts 7 years in a row.
Charles Schwab received the highest score in the checking segment of the J.D. Power 2019–2025 U.S. Direct Banking Satisfaction Studies, which measures overall satisfaction with direct branchless banks. Visit jdpower.com/awards for more details. The J.D. Power 2025 U.S. Direct Banking Satisfaction Study is independently conducted, and the participating firms do not pay to participate. Use of study results in promotional materials is subject to a license fee.
Investor's Business Daily: Best Online Brokers 2024
The IBD Best Online Brokers accolade was published by IBD on January 25, 2024, and is for a 30-month timeframe. The criteria, evaluation, and ranking were determined by Investor's Business Daily in conjunction with its research partner, TechnoMetrica Market Intelligence. https://www.investors.com/best-online-brokers-2024/ Schwab paid a licensing fee to York Graphic Services, LLC. for the use of the accolade and corresponding logos through August 2, 2026.
Investor's Business Daily: Ranked #1 Most Trusted Bank
The IBD Most Trusted Bank accolade/recognition was published online by IBD on September 20, 2024, and is licensed for a 15-month timeframe. The criteria, evaluation, and ranking were determined by Investor's Business Daily in conjunction with its research partner, TechnoMetrica Market Intelligence, and were based on consumer surveys conducted May-July 2024. Schwab paid a licensing fee to York Graphic Services, LLC. for uses of the award and logos through January 4, 2026.
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