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Charles Schwab

Westlake, TX, USA · SEC (United States), FINRA (United States)

Created Jul 1, 2026 · Updated Jul 18, 2026

☆ 0.0 · 0 reviews

Commission

$0

Platforms

5

Min Deposit

$0

About Charles Schwab

Charles Schwab is a U.S. financial services company founded in 1971 by Charles R. Schwab, originally headquartered in San Francisco, California, and now headquartered in Westlake, Texas[2][7][9]. It is regulated by the SEC and FINRA in the United States[9]. The firm offers $0 commission on online U.S. stock, ETF, options, and mutual fund trades[1]. Key platforms include Schwab Web (web), Schwab Desktop (desktop), Schwab Mobile for iOS and Android, and Schwab API for institutional/integrator access[1]. Products include stocks, ETFs, options, mutual funds, bonds, CDs, futures, cryptocurrencies via partnered vehicles, and retirement accounts (IRA, 401k), with no minimum deposit for most brokerage accounts[1]. As of February 28, 2026, the company reported 38.9 million active brokerage accounts and $12.22 trillion in client assets[4].

Pros

+$0 commission on online U.S. stocks, ETFs, options, and mutual funds
+Robust platform suite: Web, Desktop, iOS/Android mobile apps, and Schwab API
+38.9 million active brokerage accounts with $12.22 trillion client assets (Feb 2026)
+Wide product range: stocks, ETFs, options, mutual funds, bonds, CDs, futures, retirement accounts
+No minimum deposit for most brokerage accounts

Cons

-No direct crypto trading (only via partnered vehicles or ETFs)
-Limited international stock access compared to global brokers
-Desktop platform may be complex for novice users
-No direct futures trading for all account types
-Limited non-U.S. banking services outside U.S./UK branches

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