Charles Schwab

๐Ÿ™‹ 0 users

๐Ÿ‘ 92.77%

Share your experiences with Charles Schwab

Tell us what you like and dislike about Charles Schwab. Help others make more informed decisions based on your insights.

Kingston H ๐Ÿ‘

Pros

Customer support is pretty top notch in my experience. I've never had to wait to get a human being on the other end of the line. Pretty easy UI to grasp and if you want more information, it's there if you want it.

Cons

Their take on the robo-advisor trend requires a $5000 minimum deposit, which, for a starting investor (especially if it's someone just starting their first retirement account) might be a bit much. Considering people are limited to $5500/year for a Roth or a traditional IRA, putting $5000 in there for a first-time investor might result in bad timing. Obviously not an issue for more established investors but it still needs to be said.

Adam N ๐Ÿ‘

Pros

Low cost, easy to research stocks, quick execution without issues.

Cons

Website is a little cluttered. Wish was more customizable so I could pull up areas of most use to me more quickly. And be able to change views of data and accounts more easily.
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Important Info:

Trading Fee
$4.95 per trade
Minimum Deposit
$1,000
International Trading
Yes

Charles Schwab

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Charles Schwab offers a wide range of investment advice, products & services, including brokerage & retirement accounts, ETFs.

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