| Schwab | E*TRADE | Fidelity | |
|---|---|---|---|
| Standard online stock and options commissions1 | $0 | $0 | $0 |
| Standard options per contract fees | $0.65 | $0.65 | $0.65 |
| Online ETF commissions1,2 | $0 | $0 | $0 |
Pricing: $0 commissions on online stock, ETF, and options trades
Competitor firm pricing information obtained from their respective websites as of 05/30/2021. Competitor pricing and offers subject to change without notice.
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. 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.