Charles Schwab Review

Charles Schwab Logo

Charles Schwab is a U.S. brokerage offering a vast range of investment services and products, including stocks, mutual funds, options, bonds, ETFs, and more. Founded in1971, Charles Schwab has grown to become one of the largest U.S. online brokers with a proven track record of efficiency.

They provide flexible trading platforms and a large selection of quality online research tools and educational materials to help clients evaluate investments and formulate a trading plan. The broker offers competitive fees and industry-leading customer support, and it is listed on the New York Stock Exchange (NYSE).

Charles Schwab Platforms & Tools

Charles Schwab’s clients can choose between 3 flexible and powerful versions of the broker’s proprietary platform, StreetSmart Edge. The desktop platform can be downloaded and installed on PCs, while the web-based platform can run directly on any modern web browser like Chrome. There are also mobile trading apps for Android and iOS devices.

Charles Schwab Review - Trading Platforms
Charles Schwab Review – Trading Platforms

The platforms are intuitive and user friendly, with many built-in innovative trading tools that enable you to analyze the markets for potential trading opportunities. They have free price streaming, customizable tools, and research and risk management tools. Some of the premium tools provided by this broker include Idea Hub, Schwab Equity Ratings, Trade & Probability Calculator, Custom Screeners, and much more.

Charles Schwab Review - All In One Trade Ticket
Charles Schwab Review – All In One Trade Ticket

Charles Schwab Research & Education

The broker offers a variety of educational materials that can help traders improve their trading knowledge and skills. There is a dedicated online learning center, local workshops, seminars, webinars, and live daily broadcasts from Schwab experts, as well as an online community that enables users to share insights and ideas.

Charles Schwab Review - Idea Hub
Charles Schwab Review – Idea Hub

Charles Schwab Trading Accounts

Charles Schwab offers a vast range of accounts:

  • Individual Brokerage Account (for one individual)
  • Joint Brokerage Account (for two or more individuals)
  • Corporate Brokerage Account (for legal entities)
  • Retirement Accounts (Roth IRA, Traditional IRA, Rollover IRA)
  • Automated & Managed Portfolios (Schwab Intelligent Portfolios & Schwab Intelligent Portfolios Premium)
  • Estate & Charitable Planning Accounts (Trust Account & Schwab Charitable)

There is no minimum deposit required for U.S. clients, but non-US clients need a $25,000 minimum deposit to start. Some instruments may be traded at $0 commission.

Charles Schwab Account Funding

Clients can fund their Charles Schwab account using a variety of simple methods, such as wire transfer, check, and electronic funds transfer (EFT) via Schwab MoneyLink. There is also the option of asset transfer from an external account.

Charles Schwab Customer Service

The broker provides 24/7 customer support via online chat, telephone, and email.

Charles Schwab Regulation

Charles Schwab has U.S. and U.K. arms that are regulated in both jurisdictions:

  • Charles Schwab, U.K. Limited (Schwab UK) is authorized and regulated by the Financial Conduct Authority (FCA) with registration number 225116
  • Schwab is regulated under U.S. securities law and is registered with the Securities Exchange Commission (SEC) as a broker-dealer. The broker is also a member of the Financial Industry Regulatory Authority (FINRA)

Charles Schwab Review Summary

Charles Schwab is one of the largest and oldest U.S. brokers that offer online trading services in a vast range of trading products with competitive fees. They provide clients with flexible trading platforms, advanced trading tools, and a good selection of educational resources.

Charles Schwab













  • A wide choice of tradable instruments
  • Flexible trading platforms
  • A good selection of educational resources