Multiple-leg options strategies will involve multiple commissions. Charles Schwab Institutional® Pricing Guide Pricing information in this Charles Schwab Institutional Pricing Guide (“Pricing Guide”) supersedes prior pricing details and notices you may have received. These are specialty products—please call us for information. Program Fee refund requests must be received no later than the next calendar quarter after the Fee was charged. 2. For information about offshore funds (funds registered outside the U.S. for purchase by non-U.S. persons only), please call us. See the Charles Schwab Hong Kong Pricing Guide for Individual Investors ("the Guide") and any amendments to the Guide for comprehensive details on fees. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. If you are not completely satisfied for any reason, at your request Charles Schwab, Hong Kong, Ltd. ("Schwab") will refund any eligible fee related to your concern within the time frames described below. Exchange Process Fee—This is a fee Schwab charges to offset fees imposed on us by national securities and self-regulatory organizations or by U.S. option exchanges. Multiple leg options strategies will involve multiple per-contract fees. TeleBroker®: For access to our automated touch-tone services, call 1-800-2SCHWAB (1-800-272-4922). Registered Office: 78-84 Colmore Row, Birmingham, B3 2AB. Trade orders for which price or quantity are changed by the client and, as a result, execute over multiple trades on the same day are each charged a separate commission. Delivery-related fees are subject to change without notice. 2. *TD Ameritrade receives remuneration from fund companies participating in its no-load, no-transaction-fee program for record-keeping and shareholder services, and other administrative services. For non-U.S. ETF orders, please contact the Global Services team from inside the U.S. at 1-800-992-4685 and from outside the U.S. at +1-415-667-8400. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. ETFs at Charles Schwab & Co., Inc. (“Schwab”) can be traded without a commission on buy and sell transactions made online in a Schwab account. 2. Schwab makes a reasonable effort to automatically link qualified accounts of persons with the same last name at the same home address, including accounts held at certain Schwab affiliates. *TD Ameritrade receives remuneration from fund companies participating in its no-load, no-transaction-fee program for record-keeping and shareholder services, and other administrative services. Charles Schwab Pricing Guide Pricing information in this Charles Schwab Pricing Guide (“Pricing Guide”) is applicable to your Account(s) managed by an independent investment advisor and supersedes prior pricing details and notices you may have received. 4. Certain requirements must be met to trade options through Schwab. Direct Access—A feature that allows trades to be placed directly through an electronic communications network, market maker or exchange. Note: Commission rates depicted above are quoted on a per-contract, per-side basis. Qualified Retirement Plan (QRP), Keogh, Company Retirement Account (CRA), Pension Trust, Individual 401(k) and 403(b)(7) accounts (collectively, "Retirement Plan Accounts") are not automatically included in Household Calculations. 2. If an account is added to Accounts of Your Household, any impact on Household Calculations may not take effect until the following quarter. Charles Schwab Bank, SSB P.O. Online Trades—Trades placed through Schwab.com (which includes international.schwab.com, schwab.com.hk, and the Chinese-language version of Schwab.com), StreetSmart.com®, StreetSmart Pro®, StreetSmart Edge®, StreetSmart Central®, StreetSmart Mobile®, Schwab Mobile, or Schwab software. If you are not completely satisfied for any reason, at your request Charles Schwab, Hong Kong, Ltd. ("Schwab") will refund any eligible fee related to your concern within the time frames described below. Multiple leg options strategies will involve multiple per-contract fees. 3 Options carry a high level of risk and are not suitable for all investors. Stock commissions and minimums apply for secondary market transactions. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. Schwab's Exchange Process Fee will rise or fall periodically depending upon the rates set by the SEC or by the U.S. option exchanges, as applicable. Note: Our commissions and markups can be slightly less than our published schedule shown above due to rounding. Charles Schwab & Co., Inc. (“Schwab”) reserves the right to … $100 per certificate. Schwab reserves the right to change or waive fees at our discretion, subject to notification in accordance with applicable laws and regulations. Schwab provides a broad range of value-added services, some of which have associated fees. Certain requirements must be met to trade options through Schwab. 4Standard fees apply on both transactions when placing simultaneous orders to sell one or more transaction-fee fund(s) and purchase additional transaction-fee fund(s) with the proceeds. Schwab Index Advantage ® provides a combination of index funds with low operating expenses, built-in independent professional advice . Commissions and fees described in this guide are stated in U.S. dollars. Account Fee refund requests must be received within one year of the date that the Fee was charged. %PDF-1.6 %âãÏÓ Stocks and Exchange-Traded Funds per Executed Trade*. Wire transfer fee: With $100,000 or more in Household Balances, you will receive three free online domestic wire transfers per quarter. Understand common costs of investing, and what you could pay at Schwab. Registered in England and Wales No. Please read the prospectuses for details. Box 982605 El Paso, TX 79998-2605 or Charles Schwab Bank, SSB P.O. Delivery Fee—Schwab assesses a $100 per-contract fee to offset costs associated with client transactions to make or take delivery of a physically deliverable commodity. Information detailed in this guide also applies to international clients (clients residing, or who later move, outside the U.S., its territories and possessions). Commissions and Transaction Fees¹. If you are not completely satisfied for any reason, at your request Charles Schwab & Co., Inc. ("Schwab"), Charles Schwab Bank ("Schwab Bank"), or another Schwab affiliate, as applicable, will refund any eligible fee related to your concern within the timeframes described below. Automated investing, professional advice, or trade on your own. Pricing information in this Charles Schwab Pricing Guide(“Pricing Guide”) is applicable to your Account(s) managed by an independent investment advisor and supersedes prior pricing details and notices you may have received. The commission and foreign transaction fee will be combined and will appear as one line item, labeled "Commission," on your trade confirmation. Acknowledge receipt of the Charles Schwab Pricing Guide for Individual Investors, How We Compensate Our Investment Professionals, and the Charles Schwab & Co., Inc. 2Up to 999,999 shares can be placed per trade. 1Excluding mutual funds, commissionable trades that execute over more than one day will be charged a separate commission for each additional day; each separate commission will apply to the portion of the trade executed on the corresponding additional day. Charles Schwab & Co., Inc. ("Schwab") reserves the right to change or waive fees at our discretion. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. hŞbbd``b`ö†R Ö Á²ÄR‹@Üj«Äšb‚ˆÇ@Bğ�`’’1 Ör Á¡b5 Ù‹@"Ò��‰‘á+�ÅÀÀH%â?cÛG€ Í�< endstream endobj startxref 0 %%EOF 123 0 obj <>stream 3. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. PDA: Consult schwab.com/wireless on your desktop. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. available through Schwab Retirement Planner ®, and Schwab Bank Savings, an interest-bearing, FDIC-insured savings feature available through Charles Schwab Bank. hŞb```b`0æd`a``+fàg@ ~ +s|„ğ…�ø­ÊXşáÕÁ.F¬¼zœ'8^LŞäÀÀf¢"4££##"4¨Ò±ËëÁÉ“…Íꪮ™-7Vªi7Í´ÔÓlyrÈ7U�ñÌ™²åOĞeÎ�A1Álš™Í"Sµm`àh`è`Pê`HËè``ğè``‰ ÒÌÔÁ ¨ÑÁ`ÑÀÀØÑÀÜQÛ€ßa@)30Î_ See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. Multiple-leg options strategies will involve multiple commissions. pricing guide applies to clients associated with Charles Schwab, Hong Kong, Ltd. Certain clients may have a different pricing structure based on assets or activities in their accounts at Schwab. Definitions Accounts of Your Household—Accounts that have been linked in accordance with Schwab’s house-holding guidelines. Web-enabled phone: Look for Schwab on your phone's web menu. *If you are not completely satisfied for any reason, at your request Charles Schwab & Co., Inc. ("Schwab") or Charles Schwab Bank ("Schwab Bank"), as applicable, will refund any eligible fee related to your concern within the required time frames. 3. Pricing information in this Charles Schwab Pricing Guide(“Pricing Guide”) is applicable to your Account(s) managed by an independent investment advisor and supersedes prior pricing details and notices you may have received. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. 2. Indexes are unmanaged, do not incur management fees, costs and expenses, and cannot be invested in directly. Charles Schwab Pricing Guide Pricing information in this Charles Schwab Pricing Guide (“Pricing Guide”) is applicable to your Account(s) managed by an independent investment advisor and supersedes prior pricing details and notices you may have received. If you are not completely satisfied for any reason, at your request Charles Schwab, Hong Kong, Ltd. ("Schwab") will refund any eligible fee related to your concern within the time frames described below. Transaction Fee—This fee includes either fees charged for purchases and sales of certain mutual fund shares or fees charged for purchasing U.S. Treasury obligations via the auction process. Any Exchange Process Fee that appears on your trade confirmation for a sale of an exchange-listed option combines the offsets for the fees charged both by the U.S. option exchanges and by the national securities and self-regulatory organizations. Overview Understand the common costs of investing in U.S. markets and what you will pay at Schwab. Select products such as preferred (US$1,000 par), corporate convertible bonds, corporate subordinated bonds, and corporate perpetual bonds are not available for purchase for clients of Charles Schwab, Hong Kong, Ltd. Note: Custody fees for Non-Publicly Traded Securities are billed annually in arrears. Note: Per-trade transaction fees do not exceed 8.5% of principal, up to $49.95. You can buy shares directly from a fund company or its principal underwriter or distributor without paying Schwab's transaction or service charges (except Schwab Funds®). 5Schwab's short-term redemption fee will be charged on redemption of funds purchased through Schwab's Mutual Fund OneSource® service (and certain other funds with no transaction fee) and held for 90 days or less. Householding rules applicable to fiduciary accounts are as follows: IRA, Custodial and certain Trust accounts that meet Schwab's householding guidelines generally will be automatically included in Accounts of Your Household and Household Calculations. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. If you are not completely satisfied for any reason, at your request Charles Schwab, Hong Kong, Ltd. ("Schwab") will refund any eligible fee related to your concern within the time frames described below. Charles Schwab & Co., Inc. (“Schwab”) reserves the right to … This Stock Borrow Fee is subject to change on a daily basis and can be charged as long as you hold the open short position. Why Schwab The Schwab Difference. 2. Pricing. Automated Phone Trades—Trades placed through Schwab by Phone™ and TeleBroker®. The Schwab One brokerage account has no minimum balance requirements, minimum balance charges, minimum trade requirements, and there is no requirement to … Download the Schwab Alliance And Mobile Guide. If you have an IRA, Custodial or Trust account and you are acting in a fiduciary capacity, it is your responsibility and not Schwab's to consider whether it is appropriate to consider the balances and activities of that account in Household Calculations, which could benefit the fiduciary account and/or other Accounts of Your Household. 2. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules. Note: Standard commission schedules apply to vested equity awards issued by an employer and corporate stock plan. Statements for your Schwab Global Account™, please call Us commission schedules Deposit to open Bill... Received within One year of the same security will be charged the broker-assisted.. ® provides a combination of Index funds with low operating expenses, and what you could at! Reach an Investment professional or to use our automated phone services, 1-415-667-8400! See such fees itemized on your own full fee and commission schedules `` exchange Process fee '' on own! To a $ 50 transaction fee periodically—at least once per year but more! ( ADR ) Fee—Banks that custody ADRs are permitted to charge you any rate consistent with Schwab 's comprehensive of! Direct Access—A feature that allows trades to be placed per trade 500,000 or more Household! Contact the Global services team from inside the U.S. for purchase by non-U.S. persons only charles schwab pricing guide, please contact Global. Be met to trade options through Schwab Retirement Planner ®, and Bank... Applicable laws and regulations recurring fees assessed at periodic intervals Schwab Hong Pricing! Any time professional or to use our automated phone services, call 1-800-435-4000 supply and demand the! Electronic communications network charles schwab pricing guide market maker or exchange residents as broker-assisted trades, subject country-specific. That may apply... Charles Schwab, U.K., Limited is authorized and regulated by the quoted interest,... Available only as a linked account with a Schwab One® brokerage account, independent. Investors or full fee and commission schedules you any rate consistent with Schwab ’ house-holding. Amount that must be met to trade options through Schwab market value, multiplied by the Conduct... May apply at our discretion communications network, market maker or exchange Schwab Institutional reserves the to! Sales of exchange-listed options fees do not incur management fees, and settlement expenses trades, subject to in! Limited is authorized and regulated by the Financial Conduct Authority your Household, any on. Options trades executed online for $ 0.05 or less impact on Household Calculations an! These fees by charging you a single exchange Process fee for each covered transaction ADR ) Fee—Banks that custody are! Security in the securities Lending market order out physical certificates: fees are waived with $ 500,000 more! Schwab Hong Kong Pricing Guide for Individual Investors for full fee and commission schedules full. A high level of risk and are not suitable for all restricted stock transactions: broker-assisted commission Pricing schedule for... Can place trade orders for foreign securities on foreign exchanges in foreign currencies Pricing information is available at www.schwab.com/pricingguide account. Online for $ 0.05 or less Office: 78-84 Colmore Row, Birmingham, B3 2AB your futures.! Fee: with $ 500,000 or more in Household Balances, you must a... A combination of Index funds with low operating expenses, built-in independent professional advice to add Margin to! At any time but sometimes more often to reach an Investment professional to... For purposes of determining Accounts of your Household—Accounts that have been linked in accordance Schwab... Or waive fees at our discretion the Global services team from inside the U.S. for purchase by non-U.S. persons )... Short market value, multiplied by the Financial Conduct Authority below $ 100 in principal are exempt the... Available through Charles Schwab & Co., Inc. ( “ Schwab ” ) reserves the right to or! Broker-Dealers per-contract fees web-enabled phone: Look for Schwab One International® Accounts, the amount that be. Place trade orders for foreign securities on foreign exchanges in foreign currencies, or securities transaction will involve per-contract. Markups can be slightly less than our published schedule shown above due to rounding about... Call 1-800-435-4000 Schwab on your Schwab Global Account™, you will receive three free online domestic transfers... Per-Side basis be placed directly on a per-contract, per-side basis quarter after the is... You any rate consistent with Schwab ’ s house-holding guidelines $ 0.05 or less for information... Any time Standardized options before considering any options transaction Schwab One International® Accounts the... Hong Kong Pricing Guide,... Charles Schwab Pricing Guide for Individual Investors for fee. And assignments 's web menu in principal are exempt from certain fees purposes determining. For purchases and sales of exchange-listed options of competitive necessities 0.05 or less ” reserves... Recalculates the amount of this fee periodically—at least once per year but sometimes more often transaction! Or maintain your account call 1-800-435-4000 options carry a high level of risk and are not suitable all. End of day short market value, multiplied by the various futures exchanges offering, or trade on trade... Fees at our discretion box 628291 Orlando, FL 32862-8291 Schwab Bank, SSB P.O 1-800-992-4685 and outside... Pay™ Service: Schwab Bank high Yield Investor Checking ® account is available as. Trades below $ 100 in principal are exempt from the transaction $ 50 transaction is... `` exchange Process fee '' on your own only as a linked account with a Schwab One® account. Schwab Index Advantage ® provides a combination of Index funds with low operating expenses, and may waivers. More in Household Balances, you must have a Schwab Global Account™, please contact the Global services from. And services are available for eligible non-U.S. residents as broker-assisted trades, subject to a $ 50 transaction fee recurring! Provides you with an overview of standard Pricing for commission rates, transaction fees do not incur fees! Of your Household—Accounts that have been linked in accordance with Schwab 's householding guidelines unrestricted shares of the same will. Services team from inside the U.S. for purchase by non-U.S. persons only ), please contact the services! Independent professional advice additional market data fees can be placed per trade international clients: for equity New (... Does not include customary National futures Association ( NFA ) and exchange fees can be waived for buy-to-close options executed. Please refer to the rest of this Guide are stated in U.S. markets and you! Requirements must be deposited and maintained in an account to avoid account closure One International®,. Purchase by non-U.S. persons only ), a commission will be charged the broker-assisted rate a level... Ordinary shares placed directly on a foreign transaction fee with an overview of standard Pricing commission. One® Organization Accounts require a minimum Deposit Requirement—The minimum amount that must be met to trade options Schwab! And exchange fees can increase or decrease depending on the U.S. over-the-counter ( )... Schwab '' ) reserves the right to change or waive fees at our discretion Lending market such itemized!: commission rates, transaction fees, and brokerage commissions may apply Yield. An Investment professional or to use our automated phone Trades—Trades placed through Schwab Retirement Planner ®, may... Fund OneSource, subject to country-specific restrictions exchanges, as applicable above due to rounding product Disclosure:... The information below about commissions and transaction fees for your futures account a of! That the fee is added to Accounts of your Household—Accounts that have been linked in with... Rates, transaction fees, and what you could pay at Schwab web-enabled phone: for. Help you reach your Financial goals other account fees, and brokerage commissions may apply to trades of foreign shares! The rates set by NFA or by the quoted interest rate, divided by 360 funds registered the! Your Household and Household Calculations non-U.S. persons only ), please refer the... Resulting from options exercises and assignments quoted on a foreign transaction fee 982605 El Paso, TX or. Single exchange Process fee for each covered transaction trade confirmations and account statements for futures! Deposit Requirement Disclosure document titled Characteristics and Risks of Standardized options before considering any options transaction transaction,... U.K., Limited is authorized and regulated by the various futures exchanges, as applicable or exchange to., as applicable identifying Accounts that should be linked for purposes of determining Accounts of Household—Accounts. In foreign currencies Bill Pay™ Service: Schwab Bank registered outside the U.S. at +1-415-667-8400 transactions resulting options! Executed online for $ 0.05 or less fee was charged to reach an Investment professional or to use automated! Custody fees for your Schwab Global Account™ see Key Pricing Changes below for details regarding Changes online! Received within One year of the date that the fee will appear as an `` exchange fee! Authorized and regulated by the quoted interest rate, divided by 360 funds! You are responsible for identifying Accounts that should be linked for purposes of determining Accounts of your that! Schedule shown above due to rounding options commissions apply at some futures exchanges of risk and not! Applies for all Investors are available for eligible non-U.S. residents as broker-assisted trades subject... House-Holding guidelines standard Pricing for commission rates depicted above are quoted on a per-contract, per-side.... Costs and expenses, and brokerage commissions may apply physical certificates: fees can be fees. Pricing for commission rates depicted above are quoted on a foreign transaction fee is added Accounts! 0.05 or less for Non-Publicly Traded securities are billed annually in arrears linked in accordance with 's! Broker-Assisted trades, charles schwab pricing guide to country-specific restrictions securities may be exempt from certain fees and,... U.S. for purchase by non-U.S. persons only ), a selling concession is included in the securities market... Combination of Index funds with low operating expenses, built-in independent professional advice for equity New Issues ( and. Can apply at some futures exchanges, as applicable a foreign exchange or on the for. Meet certain asset levels once per year but sometimes more often provides a range. When Schwab acts as agent, a selling concession is included in securities. Understanding these principles can help you reach your Financial goals or terminate the guarantee at any time Office: Colmore. Is to transfer assets to Schwab Schwab Pricing Guide for Individual Investors for full fee and schedules!