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ETF trading at Charles Schwab

Your expert
Adam N.
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2w ago
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Can you buy ETFs at Charles Schwab?

ETFs, short for exchange-traded funds, are one of the greatest means to diversify your investments and profit from a bull market. Despite their immense popularity, not all brokers offer ETFs for trading. Let's find out whether you can trade these funds at Charles Schwab, and if yes, under what conditions.

Great news, ETF trading is available at Charles Schwab, under good conditions and with a great selection of available funds. Read on for more expert details on trading costs and comparisons to other market-leading brokers.

Charles Schwab is great for ETF trading
Adam
Adam Nasli
Trading • Safety • Market Analysis

I've tested dozens of brokers in recent years with our analyst team, including their ETF trading features. Here's why I recommend Charles Schwab for trading ETFs:

  • Charles Schwab has a strong ETF trading score based on fees and available products.
  • ETF trading fees at Charles Schwab are low.
  • You can invest in 2,300 ETFs at Charles Schwab.
  • Check out how Charles Schwab stacks up against the best brorkers for trading ETFs.

Before we begin, let's see if Charles Schwab is available in your country

Yes, you can open an account at Charles Schwab if you live in the United States!
the United States
BrokerChooser score
4.7 4.7 /5
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Charles Schwab has a strong ETF trading score

Want to know if Charles Schwab is a solid choice for trading ETFs? We broke it all down into a simple ETF score to help you decide. We looked at the trading fees they charge, how many different ETFs you can actually invest in through them, and just how good their overall services really are.

Charles Schwab ended up with a strong ETF score of 4.4 stars . That's definitely above average compared to other brokers we've reviewed for ETF trading. Let us break it down a bit and and take a look at how Charles Schwab stacks up against some of its closest competitors:

Broker
ETF score
Charles Schwab
4.4
/5
E*TRADE
4.6
/5
Fidelity
4.0
/5
Charles Schwab ETF score vs selected competitors

ETFs are great tools to diversify your investments and profit from a range of assets, including stocks, bonds, commodities and real estate. If you feel you need to brush up your ETF trading skills, take a look at this ETF trading guide compiled by our analyst team.

ETF trading fees at Charles Schwab are low

Fees are how brokers make their money at the end of the day. But here's the kicker - the charges can vary significantly between different brokers. One broker's fees could really nickel and dime you, while another might give you way better rates. Why all this obsession over fees?

Here's why. Let's say you want to invest $10,000 in an ETF that tracks the S&P 500. Broker A charges $4.95 per trade, while Broker B charges $6.95 per trade. That may not seem like a huge difference, but it adds up over time with repeated purchases or sales. If you invest just once per year for 30 years and pay those trading fees each time, you'd pay almost $1,500 more in total fees at Broker B versus Broker A. So while a few dollars per trade may seem trivial, they can significantly impact your overall returns when investing for the long haul.

Charles Schwab has low costs for trading ETFs.
Charles Schwab main fees and features
💰 Charles Schwab ETF trading fees class Low
💰 Charles Schwab withdrawal fee $0
💰 Charles Schwab minimum deposit $0
💰 Charles Schwab inactivity fee No
📃 Charles Schwab deposit methods Bank transfer

Data updated on May 27, 2024

ETF selection at Charles Schwab

Let's take a close look at the ETFs offered by Charles Schwab. We want to see if their selection is good enough to meet the needs of different types of investors.

There are 2,300 ETFs available at Charles Schwab, which is a vast amount to choose from. With this selection, you can more easily diversify your portfolio and spread your money across different areas.

You can initiate your ETF trades at Charles Schwab using the order panel.

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Check out Charles Schwab in detail and browse top alternatives

Want the inside scoop on what it's really like to trade with Charles Schwab? Be sure to read BrokerChooser's Charles Schwab review for 2024. We've done a super thorough analysis based on nearly 600 different data points and tested their platform ourselves with a real money account. By actually opening an account and making trades, we can give you the unvarnished truth about their trading conditions, fees, and overall service quality across the board. It's an honest, experienced take on Charles Schwab instead of just marketing fluff.

Although Charles Schwab is great for ETF trading, there could be even better options out there. See for yourself by browsing our top list of the best ETF brokers in your country.

Alternatively, if you want a broader comparison or have some specific other brokers in mind, you can use our broker comparison tool to size up brokers along many different criteria.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Further reading

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author image
Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
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