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Schwab’s specialized resources can help you make more informed decisions about investing in stocks, whether you prefer to invest on your own or prefer ongoing advice.

Traders have access to Schwab’s intuitive stock trading tools that can help you determine when to buy or sell a stock. Get insights from our team of trading specialists who can help you learn about various stock selection strategies.

Top 3 reasons why Schwab is a great choice for stock trading

  1. Get exceptional value on stock trades. Trade stocks online for just $4.95 per trade.1 You can also trade Over the Counter Bulletin Board (OTCBB) and some pink sheet securities online. Learn more about our fees and commissions.
  2. Simplify stock selection with intuitive research tools available on
    • Use Schwab Equity Ratings®, our proprietary methodology for identifying stocks we believe will outperform or underperform the market over the next 12 months.
    • Find top-rated stocks according to the investment criteria you define with Schwab Stock Lists®.
    • Compare multiple stocks based on ratings, fundamentals, and earnings.
  3. AccessSchwab’s tools and resources specialized for traders. Schwab Trading Services includes our most advanced and intuitive trading platforms, plus trader education and support. Learn more about Schwab Trading Services.

Frequently Asked Questions

A stock represents a share in the ownership of a company, including a claim on the company’s earnings and assets. As such, stockholders are partial owners of the company.

Stocks are bought and sold electronically through stock exchanges, the two primary ones in the United States being the New York Stock Exchange (NYSE) and the National Association of Securities Dealers (NASDAQ).
There are different types of buy orders that you can place with your brokerage firm. The two most common order types are market orders and limit orders.

A market order tells the broker to buy the shares at the best available price in the market at the time the order is received.

Market orders are usually filled quickly.

Cons: Depending on market conditions, you might pay more for your shares than you expect.

Example: You might place an order hoping for a share price of $10.00, but if the best available price in the market is $10.03, then your order will be filled at that price.
There are different types of buy orders that you can place with your brokerage firm. The two most common order types are market orders and limit orders.

A limit order tells the broker to buy the shares only at, or below, a price that you specify.

Pros: You won’t pay more than you specify per share.

Cons: Your trade might take some time to be filled, or it might not be placed at all if the share price fails to fall to the level you specify.

Example: A $10.00 limit order will wait until it can be filled at $10.00 or less. If the market price stays above $10.00 over the life of the order, the order might never be filled.
When you place an order for a stock, you specify how long the brokerage firm should try to fill your order before giving up and canceling it. Order timing is generally less important with market orders because they tend to be filled quickly, but it can be an important consideration for other order types, such as limit orders. The two most common order timing options are day only and good-till-canceled.

Day-only orders: This type of order stays in force only until the end of the market day (typically 4:00 p.m. ET). If the trade is not filled by the end of the market day, the order will be canceled.

Good-till-canceled orders: This type of order stays in force for an extended period (for 60 calendar days at Schwab). Your broker will try to fill your order throughout each market day during that period.
You can apply for a Schwab brokerage account here. Once your account is approved and funded, you can place trades online at or using the Schwab Mobile app for smartphones and tablets. You can also place trades with a Schwab representative, over the phone or at one of over 300 branches nationwide.

Schwab Trading Services clients can also place trades using StreetSmart Edge, our most advanced and powerful trading platform.
Place stock trading orders pre-market between 8:05 p.m. ET (previous trading day) and 9:25 a.m. ET for execution between 7:00 a.m. and 9:25 a.m. ET. Or place and execute orders in the after-market between 4:05 p.m. and 8:00 p.m. ET.
Most Schwab accounts have no minimums. These include Schwab One® brokerage, all IRA, trust, estate, education savings, and Schwab One custodial.
We are constantly evaluating the pricing our clients receive on equity trades and how quickly they are executed. Read all about Schwab’s execution quality  and how we evaluate these measures.

Take the next step.

Get started with stock trading today.

Open an Account or call 800-435-4000.