Commission-free trading online. Same award-winning experience.
- $0 online trades1+ $0.65 per options contract3
- No account or trade minimums
- No hidden fees
Trading Fees and Commissions
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$0
Listed Stocks and ETFs
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$0
Options
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$0
Mutual Funds
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Trading Fees and Commissions
- Online Trades
- Broker-Assisted Trades
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Listed Stocks and ETFs1,2>Online Trades$0 online commission>Broker-Assisted Trades$0 + $25 service charge>
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Options3,5>Online Trades$0 online base commission + $0.65 per contract fee6>Broker-Assisted Trades$0.65 per contract + $25 service charge>
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US Over-The-Counter (OTC) Equities1>Online Trades$6.95>Broker-Assisted Trades$6.95 + $25 service charge>
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Schwab Mutual Fund OneSource®4>Online Trades$0>Broker-Assisted Trades$0 + $25 service charge>
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All other mutual funds7>Online TradesUp to $74.95 per purchase>Broker-Assisted TradesOnline pricing + $25 service charge>
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Futures8>Online Trades$2.25 per contract>Broker-Assisted Trades$2.25 per contract>
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Futures Options8>Online Trades$2.25 per contract>Broker-Assisted Trades$2.25 per contract>
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Forex8>
Online Trades$0 online commission; trade costs reflected in the bid/ask spread>Broker-Assisted TradesOnline pricing>-
New issues, including CDs>Online TradesSelling concession is included in the offering price>Broker-Assisted TradesSelling concession is included in the offering price>
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Canadian Securities>
(Local exchange & OTC)Online Trades$6.95>Broker-Assisted Trades$6.95 + $25 service charge>-
Foreign stock transactions placed on the U.S. over-the-counter (OTC) market9>Online Trades$50 foreign transaction fee>Broker-Assisted Trades$75 ($50 foreign transaction fee and a $25 broker assistance fee)>
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Foreign stock transactions placed directly on local exchanges>Online TradesNot available>Broker-Assisted TradesThe greater of $100 or 0.75% of principal, with no maximum>
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Treasuries, including Auction and Secondary: Treasury Bonds, Treasury Bills, Treasury Notes and TIPS>Online Trades$0>Broker-Assisted Trades$0 + $25 service charge>
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Other Secondary Trades: CDs, Corporate Bonds, Municipal Bonds, Government Agencies, Zero-Coupon Treasuries, including STRIPS>Online Trades$1 per bond*>$10 minimum$250 maximum*Broker-Assisted TradesOnline pricing + $25 service charge>
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Commercial Paper, Foreign Bonds, Asset-Backed Securities, Mortgage-Backed Securities, Collateralized Mortgage Obligations, and Unit Investment Trusts>Online TradesThese are specialty products. Please contact us at 800-626-4600 for information.>Broker-Assisted TradesThese are specialty products. Please contact us at 800-626-4600 for information.>
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Preferred Listed Stocks and REITs1>Online Trades$0>Broker-Assisted Trades$0 + $25 service charge>
Spacing
Account Fees and Minimums
- Opening and Maintenance Fees†
- Account Minimums
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Brokerage (Individual and Joint)>Opening and Maintenance Fees†$0>Account Minimums$0>
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IRA (Traditional, Roth, or Rollover)>Opening and Maintenance Fees†$0>Account Minimums$0>
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Schwab Global Account™>Opening and Maintenance Fees†$0>Account Minimums$0>
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Schwab One® Trust>Opening and Maintenance Fees†$0>Account Minimums$0>
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Schwab One® Estate>Opening and Maintenance Fees†$0>Account Minimums$0>
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DAFgiving360™10>
Opening and Maintenance Fees†$0>Account Minimums$0>-
529 College Savings11>Opening and Maintenance Fees†$0>Account Minimums$0>
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Education Savings>Opening and Maintenance Fees†$0>Account Minimums$0>
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Schwab One® Custodial (UGMA/UTMA)>Opening and Maintenance Fees†$0>Account Minimums$0>
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Individual 401(k) Plan>Opening and Maintenance Fees†$0>Account Minimums$0>
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Inherited IRA/Inherited 401(k)>Opening and Maintenance Fees†$0>Account Minimums$0>
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Schwab Personal Choice Retirement Account® (PCRA)>Opening and Maintenance Fees†$0>Account Minimums$0>
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SEP-IRA>Opening and Maintenance Fees†$0>Account Minimums$0>
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SIMPLE-IRAOpening and Maintenance Fees†$0>Account Minimums$0>
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Personal Defined Benefit PlanOpening and Maintenance Fees†$0>Account Minimums$0>
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Business 401(k)Opening and Maintenance Fees†$0>Account Minimums$0>
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Company Retirement PlanOpening and Maintenance Fees†$0>Account Minimums$0>
For Schwab Bank Account information: Schwab Bank Investor Checking™ and Schwab Bank Investor Savings™
Investment Management Fees and Minimums
- Costs and Fees
- Account Minimums
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Schwab Intelligent Portfolios®12>Just as if you'd invested on your own, you will pay the operating expenses on the ETFs in your portfolio—which includes Schwab ETFs. We believe cash is a key component of an investment portfolio. Based on your risk profile, a portion of your portfolio is placed in an FDIC-insured deposit at Schwab Bank. Some cash alternatives outside of the programs pay a higher yield. See more information below.Costs and FeesNo advisory fee + No commissions>Account Minimums$5,000>