TD Ameritrade 300
Charles Schwab rating

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.

Charles Schwab Commission Schedule

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
Charles Schwab minimum deposit to open account $0 for cash account, $2,000 for margin account
Promotion linkCharles 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 Margin Rate
$0 - $24,999.99 12.575%
$25,000 - $49,999.99 12.075%
$50,000 - $99,999.99 11.125%
$100,000 - $249,999.99 11.075%
$250,000 - $499,999.99 10.825%
$1,000,000+ call 877-752-9749

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
Mutual Fund
Annual IRA
Firstrade $0 $0 $0 per contract $0 $0
TD Ameritrade $0 $49.99 ($0 to sell) na $0 $0
Charles Schwab $0 up to $74.95 $0.65 per contract $0 $0
WeBull $0 na $0 per contract $0 $0

Services Comparison

Broker Review Cost Investment Products Trading Tools Customer Service Research Overall Rating
TD Ameritrade
Charles Schwab

Custody Fees for Non-publicly Traded Securities

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.

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