Low costs and great service shouldn't be a tradeoff.
See how Schwab compares.
Pricing: US$0 commissions on online listed equity trades
- Schwab
- Merrill (Bank of America Corporation)
- HSBC
- Interactive Brokers (IBKR PRO)
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Online equity trade price structureSchwabOne flat feefor all trade sizesMerrill (Bank of America Corporation)One flat feefor all trade sizesHSBCOne flat feefor all trade sizesInteractive Brokers (IBKR PRO)Fee decreases with trade size
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Online listed equity trade commissionSchwabUS$0per trade1Merrill (Bank of America Corporation)US$0per tradeHSBCUS$24.95per tradeInteractive Brokers (IBKR PRO)US$0.0005 to US$0.0035 per share(for <=300K shares/month)Minimum US$0.35 per tradeMaximum 1% of trade value
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Monthly account maintenance feeSchwabUS$0Merrill (Bank of America Corporation)US$0HSBCUS$0Interactive Brokers (IBKR PRO)US$0
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Satisfaction Guarantee2Schwab✓Merrill (Bank of America Corporation)-HSBC-Interactive Brokers (IBKR PRO)-
What you might expect to pay on a typical online buy and sell listed stock trade.
- Schwab
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Merrill (Bank of America Corporation)
- HSBC
- Interactive Brokers (IBKR PRO)
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If you buy 2,500 shares of a U.S.-based stock, then sell them a year later.SchwabUS$0Merrill(Bank of America Corporation)US$0HSBCUS$49.90Interactive Brokers (IBKR PRO)US$17.50
All costs displayed are standard online equity trades. Competitor firm pricing information obtained from their respective websites as of August 5th, 2022. Competitor pricing and offers subject to change without notice.
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CallOutside the U.S.
+1-415-667-7870International toll-free numbers
In the U.S.
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Mailing addressSend applications, deposits, and other materials to:
Charles Schwab & Co., Inc.
Attn: International Operations
1945 Northwestern Drive
El Paso, TX 79912-1108, USA