Schwab Active Trading: Price

Charles Schwab & Co., Inc.


Borrow against the securities in your portfolio. Get competitive rates from Schwab.	View Schwab's full commission schedule to see additional pricing.	Get great value with no account service fees and low minimum balance requirements.

Trading your way, at your price.

Trading designed to match your personal approach. Each Schwab platform provides access to powerful trading tools, news, quotes and research, as well as interactive charting and stock screeners. Whether you prefer web-based trading or software, technical or fundamental analysis, Schwab has the right tools for you. We can help you easily set up your account today, ensuring you don’t miss a trade.

Complex option orders involving both an equity and an option leg, including Buy/Writes or Write/Unwinds are charged per contract fees for the option leg, plus commissions for the equity leg subject to the client's current commission schedule. There is no base commission for the option leg.

Options Exercise/Assignment Pricing

Commissions for equity or options trades resulting from an option exercise or assignment will be subject to the corresponding Online Commission pricing schedule. Pricing described is for U.S. residents only. For more detailed pricing information, including pricing information for Non-U.S. residents and international clients, please refer to the Charles Schwab Pricing Guide.

Automated phone commissions, direct access and broker assisted commissions are different. See the Charles Schwab Pricing Guide for more details.

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. 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.

1. E-Trade pricing shown is based on $12.99 commission for the first 2,000 shares, with a charge of $0.015 for each share above 2,000. E-Trade charges $9.99 per online equity trades to clients who make 120-599 trades a year or who have at least $50,000 in assets. E-Trade charges $7.99 per online equity trades to clients who make 600-5,999 trades a year and $6.99 per online equity trade to clients who make at least 6,000 trades a year.

2. optionsXpress pricing shown is based on $14.95 per trade up to 1,000 shares and $.015 per share for 1,001 shares and above. optionsXpress charges $9.95 per trade up to 1,000 shares and $.01 per share for 1,001 shares and above for qualified active stock trader customers maintaining 9 or more trades per quarter.

Margin trading increases your level of risk. Please review our margin risk disclosure.

*150 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 agree to make a minimum of 36 online equity or options trades per year and deposit $50,000. 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 6/30/2010. 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.

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