About Charles Schwab
Charles Schwab is one of the largest US brokerages, founded in 1971, managing $9+ trillion in client assets. Schwab pioneered discount brokerage and now offers zero-commission stock and ETF trading, $0 minimum balance, and an industry-leading checking account with unlimited ATM fee rebates worldwide. The acquisition of TD Ameritrade in 2020 made Schwab the dominant retail broker in the US. It offers a full suite: stocks, ETFs, options ($0.65/contract), futures, mutual funds, bonds, and managed portfolios (Schwab Intelligent Portfolios). Thinkorswim — the power platform from TD Ameritrade — is now part of Schwab, providing institutional-grade charting.
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