Choose between SmartEx® intelligent order routing technology and Direct Access trading technology,
which let you target the price you want by routing your order directly through Schwab to your choice of ECN or Nasdaq market maker.
Order execution speed can make the difference between a profit and a loss, so we provide Direct Access Trading technology to increase control of your equities trades and options orders.
SmartEx® intelligent order routing is designed to route most Nasdaq market or marketable limit orders quickly and seek the best available trade execution.
Restrictions apply: The $8.95 flat commission does not apply to foreign stock transactions, large block transactions requiring
special handling, employer negotiated commission schedules applicable to equity compensation transactions,
or restricted stock transactions. Foreign ordinary shares that trade online in the U.S. over-the-counter (OTC) market and do not settle in the U.S.
will have a $50 foreign transaction fee added to the cost of the transaction.
All broker-assisted and automated phone trades are subject to service charges.
A minimum deposit of $1,000 is required to open most Schwab brokerage accounts. Waivers may apply.
See the Charles Schwab Pricing Guide for details.
Employee equity compensation transactions are subject to separate commission schedules.
Schwab's streetsmart.com® and StreetSmart Pro® are available for Schwab Active
Trading clients who place 36 trades or more per year. Access to NASDAQ Level II quotes is provided for free to
non-professional clients who have made 120 or more equity and options trades in
the last 12 months, 30 or more equity and options trades in either the current
or previous quarters or maintain $1 million or more in household balances at
Schwab. Schwab Active Trading clients who do not meet these requirements can
subscribe to NASDAQ Level II quotes for a quarterly fee. Professional clients
may be required to meet additional criteria before obtaining a subscription to
NASDAQ Level II quotes. This offer may be subject to additional restrictions or
fees, and may be changed at any time. A 1.5 Ghz or better processor, 512MB RAM
or more, and a DSL or cable modem provide the best experience available for
streaming data on StreetSmart.com and StreetSmart Pro.
The speed and
performance of streaming data may vary depending on your modem speed and ISP
connection. Access to electronic services may be limited or unavailable during
periods of peak demand, market volatility, systems upgrades or maintenance, or
for other reasons.
*250 free trades expire 90 days after account approval. Applies to base online equity, ETF and option commissions only.
Option per-contract fees still apply. To qualify, you must commit to making a minimum of 36 online equity or options trades
per year and deposit $100,000. Other commission-free trade offers may be available if you deposit less than $100,000 -- call
888-245-6864 for terms. Free trades will be assigned at account opening. Account and assets deposited must be new to Schwab. Current Schwab clients and households are not
eligible. Please see the Charles Schwab Pricing Guide
for detailed information. Offer valid until 12/31/2010. Offer is
nontransferable, limited to one per household, and may not be combined with other offers. Accounts ineligible for this
offer include, without limitation: 401(k), 403(b), Custodial, 529 Plan and Estate accounts. Unlisted foreign ordinary stocks
are not eligible for this offer. Only trades placed through Schwab.com, StreetSmart Pro®, StreetSmart.com®, or Schwab Wireless
are eligible for free trades. No credit will be given for unexecuted trades. Domestic, nonprofessional accounts only. Schwab,
Schwab-affiliated, broker-dealer and exchange employees are not eligible. Other exceptions may apply. Schwab reserves the
right to restrict this offer at any time.
Access to electronic services may be limited or unavailable during
periods of peak demand, market volatility, systems upgrades or
maintenance, or for other reasons.
This site is designed for U.S. residents. Non-U.S. residents are subject to country-specific restrictions. Learn more about our services for non-U.S. residents.