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Charles Schwab Fees Schedule, Brokerage Account Trading Commissions (2023)
Charles Schwab commissions, fees schedule, broker stock trading cost, annual and
inactivity charges, online investing account pricing, and cash sweep rates.
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Charles Schwab Commission Schedule
Investments | Commissions |
Stocks and ETFs | $0 |
Stocks and ETFs broker assisted | $25 |
US Over-The-Counter (OTC) Equities | $6.95 |
Options | $0.65 per contract |
Mutual funds | $49.95/$74.95 to buy, $0 to sell |
Futures | $2.25 per contract |
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 | $0 |
Commercial Paper and Foreign Bonds, Unit Investment Trusts | call for pricing |
Investments |
stocks, bonds, mutual funds, futures, Treasury issues, options, CDs, insurance, ETFs, futures,
annuities, non-U.S. securities and ADRs, WEBs and Canadian foreign orders
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Charles Schwab minimum deposit to open account | $0 for cash account, $2,000 for margin account |
Promotion link | Charles Schwab promotions |
Charles Schwab IRA Fees
Fee |
Amount |
Charles Schwab IRA setup fee |
$0 |
Charles Schwab annual IRA fee |
$0 |
Charles Schwab IRA termination fee |
$0 |
Charles Schwab account maintenance fee |
$0 |
Charles Schwab account inactivity fee |
$0 |
Charles Schwab outbound full account transfer (ACAT) fee |
$50 |
Charles Schwab outbound partial account transfer fee |
$25 |
Charles Schwab Margin Interest Rates
Debit Balance
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Margin Rate
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$0 - $24,999.99
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12.575%
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$25,000 - $49,999.99
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12.075%
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$50,000 - $99,999.99
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11.125%
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$100,000 - $249,999.99
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11.075%
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$250,000 - $499,999.99
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10.825%
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$1,000,000+
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call 877-752-9749
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Charles Schwab Annual Fee
Charles Schwab does not charge an annual fee for regular brokerage individual or joint taxable accounts. The firm
also does not have an annual IRA management fee.
Charles Schwab Monthly Fee
There are no monthly fees for Charles Schwab brokerage taxable or non-taxable accounts.
Charles Schwab Maintenance Fee
Charles Schwab does not charge an annual maintenance fee for regular brokerage individual or joint taxable accounts.
Charles Schwab Account Activity Fees
Amount Late settlement | $25 |
Mutual fund Online and Automated Phone short-term redemption fee | $49.95 |
Mutual fund Broker-Assisted short-term redemption fee | $49.95, plus $25 service charge |
Order out of certificates (for U.S. and Canadian securities) | $500 per certificate $0 per issue |
Order out of certificates (for foreign
securities) | Physical certificates Variable fee (based on the location of the
transfer agent) |
Restricted stock re-registration/gifting | $75 per transfer |
Failure to maintain required minimum
balance in certain Schwab Proprietary Non- Sweep Money Funds, including SVAI
(check prospectus for minimum balance requirements) | $10 per redemption |
Cost Comparison
Broker Fees |
Stock/ETF Commission |
Mutual Fund Commission |
Options Commission |
Maintenance Fee |
Annual IRA Fee |
Firstrade
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$0
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$0
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$0 per contract
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$0
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$0
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TD Ameritrade
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$0
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$49.99 ($0 to sell)
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na
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$0
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$0
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Charles Schwab
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$0
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up to $74.95
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$0.65 per contract
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$0
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$0
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WeBull
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$0
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na
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$0 per contract
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$0
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$0
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Services Comparison
Custody Fees for Non-publicly Traded Securities
Description | Amount |
Annual maintenance fee for restricted securities | $150 per position |
Annual maintenance fee for
other non-publicly traded
securities | $250 per position Maximum of $500 per
account
If applicable, fees for
ineligible securities
and valuation are
additional. |
Transaction fee | $100 per transaction |
Ineligible security fee | $250 per year per position |
Valuation fee | Effective September
1, 2013: $500 per year per position valued |
Non-transferable fee | $1 per month per position |
Note: Certain Non-Publicly Traded Securities may be
exempt from certain fees. Custody fees for Non-Publicly
Traded Securities are billed annually in arrears.
Charles Schwab Fees List
Charles Schwab listed its fees in this document.

Arthur Chachuna is professional personal finance blogger, and the owner of Brokerage-Review.com.
He has been an avid investor for 23 years, and has background in both applied math and programming.
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