Charles Schwab at a glance
|Stock trading costs||$4.95|
|Options trades||$4.95 + 65 cents per contract
|Account fees (annual, transfer, closing, inactivity)||No annual or inactivity fee; up to $50 account closing or transfer fees|
|Commission-free ETFs||More than 500 commission-free ETFs effective March 1
|Mutual funds||More than 4,000 no-transaction-fee mutual funds|
|Tradable securities||• Stocks.
• Mutual funds.
|Trading platform||Two platforms offered with no trade minimums or fees|
|Mobile app||Above-average capabilities|
|Research and data||Free and extensive|
|Customer support options (includes website transparency)||24/7 phone support; live chat and email support; more than 300 local branches; some information is difficult to locate on website|
|Promotion ||Referral award for first-time clients; 500 commission-free trades for two years, with qualifying deposit of $100,000|