Schwab now offers $0 commissions on online trades.¹ But that’s just the beginning.
Compare for yourself.
Pricing: $0 commissions on online stock, ETF, and options trades
Pricing: $0 commissions on online stock, ETF, and options trades
- Schwab
- E*TRADE
- Fidelity
- Vanguard
-
Standard online 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>-
Futures per contract2>
Schwab
$1.50>E*TRADE
$1.50>Fidelity
N/A>Vanguard
N/A>-
Online ETF commissions1,3>
Schwab
$0>E*TRADE
$0>Fidelity
$0>Vanguard
$0>Competitor firm pricing information obtained from their respective websites as of 4/29/2020. Competitor pricing and offers subject to change without notice.
-
View pricing disclosures
1. The standard online $0 commission does not apply to large block transactions requiring special handling, restricted stock transactions, trades placed directly on a foreign exchange, transaction-fee mutual funds, futures, or fixed income investments. 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). Exchange process, ADR, foreign transaction fees for trades placed on the US OTC market, and Stock Borrow fees still apply. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. Multiple leg options strategies will involve multiple per-contract fees.
2. Futures trading offered and positions held through Charles Schwab Futures, Inc., a separate but affiliated company of Charles Schwab & Co., Inc. Both are subsidiaries of The Charles Schwab Corporation. Futures trading involves substantial risk and is not suitable for all investors. Please read Risk Disclosure Statement for Futures and Options.
3. ETFs at Charles Schwab & Co., Inc. ("Schwab") can be traded without a commission on buy and sell transactions made online in a Schwab account. Schwab does not receive payment to promote any particular ETF to its customers. Schwab's affiliate Charles Schwab Investment Management, Inc. ("CSIM") serves as investment advisor to the Schwab ETFs™, which compensate CSIM out of the applicable operating expense ratios. The amount of the fees is disclosed in the prospectus of each ETF.
- View pricing disclosures
-
1. The standard online $0 commission does not apply to large block transactions requiring special handling, restricted stock transactions, trades placed directly on a foreign exchange, transaction-fee mutual funds, futures, or fixed income investments. 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). Exchange process, ADR, foreign transaction fees for trades placed on the US OTC market, and Stock Borrow fees still apply. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. Multiple leg options strategies will involve multiple per-contract fees.
2. Futures trading offered and positions held through Charles Schwab Futures, Inc., a separate but affiliated company of Charles Schwab & Co., Inc. Both are subsidiaries of The Charles Schwab Corporation. Futures trading involves substantial risk and is not suitable for all investors. Please read Risk Disclosure Statement for Futures and Options.
3. ETFs at Charles Schwab & Co., Inc. ("Schwab") can be traded without a commission on buy and sell transactions made online in a Schwab account. Schwab does not receive payment to promote any particular ETF to its customers. Schwab's affiliate Charles Schwab Investment Management, Inc. ("CSIM") serves as investment advisor to the Schwab ETFs™, which compensate CSIM out of the applicable operating expense ratios. The amount of the fees is disclosed in the prospectus of each ETF.
View pricing disclosures
Take 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
-
Satisfaction Guarantee>
Schwab
Yes>E*TRADE
No>Fidelity
No>Vanguard
No>-
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>Schwab’s Satisfaction Guarantee:
Schwab’s Satisfaction Guarantee: If for any reason you're not completely satisfied, we will refund your eligible fee or commission and work with you to make things right. Learn more
Choice: 2,000+ commission-free ETFs3 and 4,000+ no-load, no-transaction-fee mutual funds4
Choice: 2,000+ commission-free ETFs3 and 4,000+ no-load, no-transaction-fee mutual funds4
Choice: 2,000+ commission-free ETFs3 and 4,000+ no-load, no-transaction-fee mutual funds4- Schwab
- E*TRADE
- Fidelity
- Vanguard
-
2,000+ commission-free ETFs>
Schwab
Yes3>E*TRADE
Yes>Fidelity
Yes>Vanguard
No>-
4,000+ no-load, no-transaction-fee mutual funds>
Schwab
Yes4>E*TRADE
Yes>Fidelity
No>Vanguard
No>- View disclosures about choice
-
3. ETFs at Charles Schwab & Co., Inc. (“Schwab”) can be traded without a commission on buy and sell transactions made online in a Schwab account. Schwab does not receive payment to promote any particular ETF to its customers. Schwab's affiliate Charles Schwab Investment Management, Inc. ("CSIM") serves as investment advisor to the Schwab ETFs™, which compensate CSIM out of the applicable operating expense ratios. The amount of the fees is disclosed in the prospectus of each ETF.
4. Trades in no load funds available through Schwab's Mutual Fund OneSource® service (including Schwab Funds), as well as certain other funds, are available without transaction fees when placed through schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge applies. Schwab's short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Mutual Fund OneSource® service and held for 90 days or less. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds. Charles Schwab & Co., Inc., member SIPC, receives remuneration from fund companies participating in the Mutual Fund OneSource service for recordkeeping and shareholder services and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.
View disclosures about choice
See our ETF choices and 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
No>Vanguard
No>Award winning and well respected.‡
Award winning and well respected.‡
Take the next step.
-
Take the next step.
Questions? We're here to help.
-
Call
-
Chat
-
Visit