Charles Schwab Promotion:
Charles Schwab Promotion Details:
With a qualifying net deposit of $50,000, earn 300 commission-free online trades.
Offer valid for new clients who do not have a Charles Schwab & Co., Inc. ("Schwab") brokerage account and who open and make a qualifying net deposit into a Schwab retail brokerage account within 45 days of enrollment in the offer. Net deposits are assets deposited into the account minus assets withdrawn from the account and transferred out of Schwab. Only outside assets new to Schwab qualify; assets transferred from affiliates other than Schwab Retirement Plan Services, Inc. and Schwab Retirement Plan Services Company are excluded. Net deposits will be calculated daily, and the trades will be credited to your account within one week of confirmation of your qualifying net deposit. The trades will be applied only to the enrolled account and apply only to base equity, exchange-traded fund (ETF), and options commissions. Options per-contract, foreign transaction, exchange, and regulatory fees still apply. Only trades placed through Schwab.com, Schwab trading platforms, and Schwab Wireless are eligible. Trades will expire 180 days after being credited to your account and will not be applied to previously executed trades. No credit will be given for unexecuted trades.
Please note that Schwab reserves the right to change the offer terms or terminate the offer at any time without notice. This offer is limited to one per account, with no more than one account enrolled per client. It does not apply to brokerage accounts managed by independent investment advisors, the Schwab Global Account™, ERISA-covered retirement plans, certain tax-qualified retirement plans and accounts, or education savings accounts. No more than 300 trades per client may be received pursuant to all promotional offers in any 12-month period. This offer is not transferable, saleable, or valid in conjunction with other offers and is available to U.S. residents only. Employees, contractors, or persons similarly associated with Schwab or a Schwab affiliate; or their spouses; and employees of any securities regulatory organization or exchange are not eligible. Schwab may modify or withdraw this offer at any time without notice. Other restrictions may apply. Any taxes related to the offer are your responsibility.
Trading tools at Charles Schwab are average, and nothing more. All the screens are well-designed, and orders are executed reasonably fast.
Customers can get access to StreetSmart Edge - an advanced yet easy to use trading platform that has charts, news,
order entry, live data, options chains, as well as technical and fundamental research - all in a single window. The platform is extremely customizable.
It is necessary to call customer service to have access to this platform set up.
StreetSmart Edge, however, lacks the richness of features and versatility found in more advanced trading platforms, such as
ThinkOrSwim from TD Ameritrade. Charting is done well, however, with over 30 different
Up to $2,000 bonus at Scottrade
60 days of free trades and $4.95 per stock or ETF trade at OptionsHouse
Best rated customer service and $4.95 per trade at TradeKing
50 free trades promotion at USAA
|Stocks and ETFs|| $8.95|
|Stocks and ETFs broker assisted|| $33.95|
|Stocks and ETFs phone trades|| $13.95|
|Options|| $8.95 + $0.75 per contract|
|Mutual funds|| $76 to buy, $0 to sell|
|CDs, Corporate Bonds, Municipal Bonds, Government Agencies, Zero-Coupon Treasuries, including STRIPS and Mortgage-Backed Securities|| $1 per bond, $10 minimum, $250 maximum|
|Preferred Stocks and REITs|| $8.95|
|Commercial Paper and Foreign Bonds, Unit Investment Trusts|| call for pricing|
|Investments|| stocks, bonds, mutual funds, futures, Treasury issues, options, CDs, insurance, ETFs,
annuities, non-U.S. securities and ADRs, WEBs and Canadian foreign orders|
|Charles Schwab minimum deposit to open account|| $1,000|
|Fees||Charles Schwab fees|
This article was updated on 9/17/2015.