Download the Schwab app from iTunes®Get the AppClose

Let's chat
Professional answers 24/7
Hi, have questions about our investment products? I can help …
Live chat
 

Brokerage and Trading Account

Print
  • Share this page

Open a Schwab One® brokerage account in just
10 minutes and invest and trade the way you want.

  • Online equity trades1
    + Satisfaction Guarantee2
  • No fees to open or maintain your brokerage account. Other charges may apply3
  • Easy access to financial professionals and investment tools

Take advantage of our most popular investment account

  • Buy and sell stocks, options, bonds, mutual funds, ETFs, and other financial products.4
  • Easily and conveniently manage your account and trading from Schwab.com and the Schwab mobile app.5
  • Get online research, helpful screening and planning tools, plus investing strategy education.
  • Access 24/7 service from our call center and support from one of more than 300 local branches.

Plus get low brokerage fees and no account minimums

  • $0 fees to open and maintain your account. Other account fees, fund expenses, and brokerage commissions may apply.1
  • $0 account minimum.
  • Online equity trades are , regardless of your account balance or how often your trade. Restrictions apply.1

Specialized platforms and support for trading, too

Add the Schwab Trading Services account option at no cost and also receive:

  • Powerful and customizable trading platforms available via web, software, or mobile app.
  • Trading education resources and events designed to hone your skills.
  • Support from dedicated trading specialists accessible 24/7.

Quick answers to related questions

Have questions about this account? Here are responses to some of the most common questions we hear. If you have a specific question, please call us at 800-540-6718.

Ready to get started?

Here’s what you’ll need:

  • Social Security number(s)
  • Driver’s license information
  • Employer’s name and address (if applicable)
  • Statement information for assets or cash you may want to transfer

Need help? Call 866-232-9890.

Schwab One brokerage accounts must have a $100 balance in order to receive a debit card or checks, unless linked to a Schwab Bank High Yield Investor Checking account.

1. Restrictions apply: The standard online $4.95 commission does not apply to foreign stock transactions, large block transactions requiring special handling, or restricted stock transactions (except for vested equity awards issued from an employer or corporate stock plan trades). See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules.

2. Satisfaction Guarantee: If you are not completely satisfied for any reason, at your request Charles Schwab & Co., Inc. (“Schwab”) or Charles Schwab Bank ("Schwab Bank") will refund any eligible fee related to your concern within the timeframes described below. Two kinds of “Fees” are eligible for this guarantee: (1) asset-based “Program Fees” for the Schwab Private Client (“SPC”), Schwab Managed Portfolios (“SMP”), Schwab Intelligent Advisory (“SIA”), and Managed Account Connection (“Connection”) investment advisory services sponsored by Schwab (together, the “Participating Services”); and (2) commissions and fees listed in the Charles Schwab Pricing Guide for Individual Investors (“Account Fees”) or the Charles Schwab Bank Pricing Guide. Program Fee refund requests must be received no later than the next calendar quarter after the Fee was charged. Account Fee refund requests must be received within one year of the date that the Fee was charged.

Program Fees are calculated as a percentage of eligible assets in Participating Service accounts. For more information about Program Fees, please see the disclosure brochure for the Participating Service, made available at enrollment or any time at your request. The Connection service includes only accounts managed by investment advisors affiliated with Schwab: Windhaven Investment Management, Inc., ThomasPartners, Inc., and Charles Schwab Investment Management, Inc. The guarantee does not cover Program Fees for accounts managed by investment advisors who are not affiliated with Schwab or managed by Schwab-affiliated advisors outside of the SPC, SMP, SIA and Connection services.

The guarantee is only available to current clients. Refunds will only be applied to the account charged and will be credited within approximately four weeks of a valid request. No other charges or expenses, and no market losses will be refunded. Other restrictions may apply. Schwab reserves the right to change or terminate the guarantee at any time."

3. See the Charles Schwab Pricing Guide for Individual Investors (“the Guide") and any amendments to the Guide for comprehensive details on fees.

4. Account must be approved and funded before trading can occur. Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled Characteristics and Risks of Standardized Options.

5. Requires a wireless signal or mobile connection.

Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

The Charles Schwab Corporation provides a full range of brokerage, banking, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC), offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products. Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade or maintenance, or for other reasons.

This site is designed for U.S. residents. Non-U.S. residents are subject to country-specific restrictions. Learn more about our services for non-U.S. residents.

Charles Schwab & Co., Inc, All rights reserved. Unauthorized access is prohibited. Usage will be monitored.

Compliance Number (1118-8Z9H)


Schwab One Brokerage Account is rated 4.0 out of 5 by 618.
Rated 2 out of 5 by from Very confusing I opened a CS brokerage account assuming I would also get a high yield checking account with the same account...apparently not. I have been told that I have a brokerage account with checking and a VISA debit card, but not a high yield checking account. So apparently I have to open another account and close my first account after I have already made trades and bought stocks and ETFs, which makes me VERY nervous. What have I gotten myself into?
Date published: 2018-09-29
Rated 1 out of 5 by from Have been getting the run around all week with wire transfers I have been trying to do an international transfer but there was an issue with the swift code. Repeated calls to customer just gave me empty promises or conflicting information about what was going on with my account in terms of supposed restrictions. Even when it was suggested that I should do a domestic wire, I still received conflicting information on what to do and am left feeling like pulling all of my money out of the account. I did not reach my goal and feel that a whole week of phone call was truly waste of my time. My issue still isn't resolved.
Date published: 2018-09-28
Rated 5 out of 5 by from
Date published: 2018-09-24
Rated 3 out of 5 by from Foreign Stocks - Dividends Very poor that Schwab does allow does not allow the reinvested of dividends on foreign stocks.
Date published: 2018-09-20
Rated 4 out of 5 by from
Date published: 2018-09-12
  • y_2018, m_11, d_12, h_14
  • bvseo_bulk, prod_bvrr, vn_bulk_2.0.8
  • cp_1, bvpage1
  • co_hasreviews, tv_0, tr_618
  • loc_en_US, sid_1002, prod, sort_[SortEntry(order=SUBMISSION_TIME, direction=DESCENDING)]
  • clientName_schwab