Schwab charges $0 for stock and ETF trades and $0.65 per contract for options. It’s a quick way to sift the fund universe for what you really want, and the screener helps you find low-cost funds quickly.įixed-income traders can pore through more than 30,000 offerings with Schwab BondSource, a screener that includes ratings from Standard & Poor’s and Moody’s. Those investors looking for research on specific stocks will find Schwab’s in-house analytical work, including Schwab Equity Ratings for evaluating a stock’s performance, as well as other third-party reports.įund investors can access the Morningstar rating for each mutual fund, while ETF traders can trawl through the offerings efficiently with Schwab’s ETF Screener and ETF Select List (a guide to the broker’s top picks). Schwab is great at providing investors what they need to know, both in terms of research and all the tools the broker offers.Ĭlients receive earnings news from Reuters, and others, while Schwab also provides market commentary from Morningstar, Credit Suisse, Ned Davis and more. Pros: Where Charles Schwab stands out Research It’s hard not to see this evolving in the future so that you’d be able to trade and conduct other account tasks via Alexa, too. You’ll be able to request market updates and quotes on stocks and funds, as well as organize a watchlist. If you have Amazon’s Alexa virtual assistant, then you can load the Schwab skill. You can access the platform in both web and desktop versions. The platform also offers advanced charting, and you’ll be able to place complex, multi-leg orders on the all-in-one trade ticket. You can trawl screeners for trading ideas, while news feeds and live CNBC coverage roll in the corner. The interface is highly customizable, so you can set up the platform to optimize your trading process. StreetSmart Edge: This is Schwab’s flagship trading platform, and it shows. The all-in-one trade ticket allows you to make simple stock trades and even complex options trades from one interface. If you need even more, you can step up to StreetSmart Edge. In addition to all the basic features, the platform keeps tabs on major indexes and watchlists, can pull up a company’s financials and trading data, access options chains and analyze trends. web trader: The broker’s entry-level platform does plenty. Schwab offers a pair of trading platforms as well as a mobile app, so you’ll have a means to trade wherever you are. Top features you’ll love High-quality trading platforms What to do when you lose your 401(k) match Should you accept an early retirement offer? All products and services are presented without warranty.How much should you contribute to your 401(k)? The information in our reviews could be different from what you find when visiting a financial institution, service provider or a specific product's website. strives to keep its information accurate and up to date.
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