Charles Schwab: Fees, Features, and More (2025)

Charles Schwab pairs a robust online platform with the resources of a full‑service firm. Traders can tap the advanced StreetSmart Edge desktop, options priced at $0.65 per contract, and a sweeping product lineup that includes bonds, CDs, and more than 10,000 mutual funds—over 4,000 with no transaction fee. Schwab Intelligent Portfolios offers automated investing at 0.00–0.30 % management fees, while a nationwide branch network provides in‑person support, all with no minimum to open an account.

Detailed feature breakdown for Charles Schwab brokerage (2025)
Feature
Website	https://www.schwab.com/
Broker Type	Full-Service
Trading: Stock & ETF?	Yes
ETF & Stock commission	No fee
Fractional Shares?	No
Percent Allocations?	No
Crypto Trading?	No
Crypto Fees	not applicable
Options Trading?	Yes
Options Fee	65 cents
Bond Trading Available?	Yes
Pays for Order Flow (PFOF)?	Yes
Interface: Web trading?	Yes
Desktop trading?	Yes; thinkorswim and StreetSmart Edge
API Trading?	No
Mutual Funds: Offered?	Yes
Total Mutual Funds	Over 10,000
NTF Mutual Funds	Over 4,000
Non-NTF Fund Fee	$74.95
Early Redemption Fee?	Yes
Redemption Hold (Days)	90 days
Early Redemption Fee	$49.95
Accounts: Margin Accounts?	Yes
IRAs Offered?	Yes
HSAs Offered?	Yes, through other providers
Money Market Sweep?	No
CDs Offered?	Yes
Robo-Advisor: Offered	Yes
Robo-Advisor Service	Schwab Intelligent Portfolios
Robo-Advisor Fes	0.00% to 0.30%
Basics: Headquarters	San Francisco, CA
Year Founded	1971
Clearing Firm	Charles Schwab & Co., Inc.
Local Branches?	Yes, about 400 locations
New Account Minimum	$0

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Charles Schwab: Fees, Features, and More (2025)

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