Charles Schwab

Category:

Additional information

Fees

$50 full transfer out fee, $25 partial

Promotion

Up to $1,000 cash (personally referred friends offer)

Why we like it

Charles Schwab is a discount broker founded in 1971 and listed on the New York Stock Exchange. It offers free trading of stocks and ETFs. Customer service is prompt and provides useful responses.

Pros

• Various platforms for a variety of customers
• Great ETF research and scanners
• Trading stocks and ETFs without commissions
• AI and robot advisor expertise
• Available ESG ETF

Cons

• Greater margin rates
• No automatic sweep function
• There are no fractional share ETF trades.
• No direct investments in Cryptocurrencies