Fees and Commissions

We believe you should always know what you're paying and never overpay.

And your satisfaction should be guaranteed.

All amounts are in US dollars. Minimum to open an Individual/Joint account: US$25,000.

For full details of fees and commissions, please see the Charles Schwab Pricing Guide for Individual Investors.

  Online Trades1 Broker-Assisted Trades
Stocks $4.95 $4.95 + $25.00 service charge
Schwab ETF OneSource $0 $0 + $25.00 service charge
All other ETFs $4.95 $4.95 + $25.00 service charge
  Fund Type Broker-Assisted Trades
Offshore Mutual Fund Offshore Mutual Fund $0
Short-term redemption fee4 $49.95

Some funds may also charge sales and/or redemption fees. Please read the offering documents for details.

  Online Trades6 Broker-Assisted Trades
Options $4.95 + $0.65 per contract Online pricing + $25.00 service charge
  Online Trades Broker-Assisted Trades
Futures $1.50 $1.50 + $25.00 service charge
  Online Trades Broker-Assisted Trades
New issues, including CDs Selling concession is included in the offering price Selling concession is included in the offering price
Treasuries, including Auction and Secondary: Treasury Bonds, Treasury Bills, Treasury Notes and TIPS $0 Online pricing + $25 per trade service charge
Other Secondary Trades: CDs, Corporate Bonds, Government Agencies, Zero-Coupon Treasuries, including STRIPS $1 per bond +
$10 minimum
$250 maximum+
Online pricing + $25 per trade service charge
Commercial Paper, Foreign Bonds, Asset-Backed Securities, Mortgage-Backed Securities, Collateralized Mortgage Obligations, and Unit Investments Trusts These are specialty products. Please contact us for information. These are specialty products. Please contact us for information.
Preferred stocks and REITs1 $4.95 Online charge +$25.00

Automated Phone trades: online charge

Please contact Schwab's fixed income specialists for product availability and other details.

+ Schwab reserves the right to act as principal on any fixed income transaction, public offering or securities transaction. When Schwab acts as principal, the bond price includes our transaction fee (outlined above) and may also include a markup that reflects the bid-ask spread and is not subject to a minimum or maximum. When trading as principal, Schwab may also be holding the security in its own account prior to selling it to you and, therefore, may make (or lose) money depending on whether the price of the security has risen or fallen while Schwab has held it. When Schwab acts as agent, a commission will be charged on the transaction.

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