An investor stands near his computer

Commission-free trading online. Same award-winning experience.

  • $0 online trades1 + $0.65 per options contract3
  • No account or trade minimums
  • No hidden fees

more information

  • $0

    Stocks and ETFs online commission¹,²

  • $0.65

    Options per contract³ with no base online commission¹

  • $1.50

    Futures and Futures Options per contract⁴

In addition to our low fees, Schwab also offers competitive margin rates.

What do Schwab traders get along with no-commission trades?

  • Platforms icon

    Powerful and intuitive trading platforms

  • Specialist icon

    24/7 access to licensed trading specialists

  • Award-winning icon

    Award-winning trade reliability

Resources designed for traders, by traders.

  • Free premium research from Schwab and third parties
  • Customizable tools for ideas and analysis
  • Trader education and insights from our experts
  • Live weekday insights into what’s driving the markets
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Plus additional value for every trade with Schwab Order Execution Advantage™.

Obtaining high-quality executions on your orders, whether you're buying or selling shares, may result in real savings.6 See how we improved executed market orders in S&P 500® stocks during the previous quarter.

  • 92.6%

    Price Improvement Tooltip

  • $13.94

    Average Savings Per Order Tooltip

  • 0.08 sec⁷

    Average Execution Speed Tooltip

Common questions

A trading experience recognized by industry analysts and clients

  • Schwab Trading Service accolade

    4.6 out of 5 Client Rating

    for Schwab Trading Services among 1,634 client reviews

  • JD Power Award icon

    #1 for DIY Self-Directed Investing Satisfaction

    by J.D. Power

  • Best Online Broker award icon

    Rated a Best Broker

    by Investor's Business Daily

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Have questions? We’re here to help.