⭐ Editor's Choice — Top Rated Pick
Charles Schwab (US)
📍 Available in: US
★★★★★ 4.9 / 5.0
Charles Schwab is one of the largest and most trusted financial institutions in the world, managing over $8 trillion in client assets. With $0 stock and ETF trading commissions, no account minimums, 24/7 dedicated telephone customer support, and the professional-grade thinkorswim platform, Schwab is an all-around financial powerhouse for retail and sophisticated traders alike.
Pros & Cons
✓ Pros
- ✓thinkorswim provides institutional-caliber charting, scripting, and options modeling
- ✓Investor Checking account refunds 100% of ATM fees anywhere in the world
- ✓Exceptional customer service reputation with near-zero phone hold times
✕ Cons
- ✕Uninvested cash sweep default yields low interest (~0.45%) unless manually moved into SWVXX
- ✕Margin interest rates are steep compared to Interactive Brokers
Key Features
thinkorswim® professional charting & derivatives softwareSchwab Bank High Yield Investor Checking (Reimburses all ATM fees globally)Schwab Stock Slices™ fractional share investing in S&P 50024/7 live telephone support with licensed brokersWide array of proprietary low-cost index funds (SWPPX, SWTSX)
Compare Charles Schwab (US) Side-by-Side
Not sure if Charles Schwab (US) is the right fit? See how it stacks up against direct competitors: