Schwab Global Account
The Schwab Global Account™ is designed for U.S. investors seeking to trade online through Schwab in international markets in their local currencies.
Trade stocks directly online through Schwab in 12 of the top-traded foreign markets in their local currencies.
- No account or trade minimum.
- Get real-time quotes¹ during foreign market hours.
- View multi-currency statement reporting.
- Speak with a Global Investing Services specialist anytime between 5:30 p.m. ET Sunday and 5:30 p.m. ET Friday at 800-992-4685.
Ready to Get Started?
- There are no fees to open or maintain an account. Other account fees, fund expenses, and brokerage commissions may apply
- Account minimum: $0
Trade commissions listed below in the foreign currency are fixed. The equivalent amount in U.S. dollars will fluctuate based on the current exchange rate.
Equity trading commissions in foreign currency
- Country and Currency
- Online Trades
Country and CurrencyAustralia - A$ (Australian dollar)>
Country and CurrencyBelgium, Finland, France, Germany, Italy, Netherlands - € (Euro)>
Country and CurrencyCanada -C$ (Canadian dollar)>
Country and CurrencyHong Kong - HK$ (Hong Kong dollar)>
Country and CurrencyJapan - ¥ (Japanese yen)>
Country and CurrencyNorway - kr (Norwegian krone)>
Country and CurrencyUnited Kingdom - £ (British pound)>
Foreign Currency Conversion Fees
- Amount Converted
- Currency Conversion Fee %
Currency Conversion Fee %1.00%>
Amount Converted$100K - $249K>
Currency Conversion Fee %0.75%>
Amount Converted$250K - $499K>
Currency Conversion Fee %0.50%>
Amount Converted$500K - $999K>
Currency Conversion Fee %0.30%>
Currency Conversion Fee %0.20%>
Foreign currency transactions are subject to a fee based on the amount of currency converted in a single transaction, as shown in the table above.
1. Real-time quotes are not available to professional investors.
2. 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 $.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 full fee and commission schedules. The list of countries and fees is subject to change without notice. See the pricing guide for country-specific fee details.
- How do I open this account?
- What benefits do I get with a Schwab Global Account?
- How do I deposit money in my account?
- How is the Schwab Global Account different than a Schwab One brokerage account?
- How else can Schwab help me invest internationally?
Researching Foreign InvestmentsOpens in popupRead transcript
At Charles Schwab I am a global investing specialist. My job in general is to help clients navigate the foreign markets.
We work with any sort of client here at the global desk. We're just here to help them in achieving their financial goals.
So, I worked with a client who had been reading a pretty prestigious newspaper and he'd read about some securities that trade in Hong Kong, Australia and Canada. He had gone online and he tried to search for these companies and he was having some difficulty. So he called in asking, "How do I learn more about these companies?" We were able to use the resources on Schwab.com to actually find the Schwab equity rating reports. So I was able to take the time to review each individual report with him to make sure he understood what he was buying. We looked at three stocks he wanted to purchase. We reviewed the analyst ratings and the client called back and he wanted to make the trades. What we looked up was the liquidity on the different markets and where was the best market to send the trade to get the client the best overall price. He doesn't have to be placing a trade to call the global desk.
We're there to help educate clients, to explain things to clients, and although this client started off as a novice investor in the foreign markets, I can tell you now he's far from a novice investor. The number of conversations we've had, he's very competent in what he is doing and probably more competent than he knows.
To me, there is nothing more satisfying than having a client being able to call into a firm like ours and have a name that you can trust every time. And through the multiple conversations I've had with him, building that relationship and that trust is so important. It really gives me a good understanding of what they are trying to accomplish, which to me is the most important thing.
I want to work with a firm that I can trust as an employee and I know clients want to work with a firm they can trust as a client. And I really am able to live up to that here at Charles Schwab.
Schwab Global Investing Specialists discuss the help and support that they provide to clients.
Schwab Global Investing Specialist Dan Wellman discusses how he helped a client with researching foreign investments.