Low costs and great service shouldn't be a tradeoff.
See how Schwab compares.
Pricing: US$0 commissions on online listed equity trades
- Schwab
- Hargreaves Lansdown
- Interactive Investor
- Saxo
- Interactive Brokers (IBKR PRO)
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Online equity trade price structure>SchwabOne flat fee for all trade sizes>Hargreaves LansdownFee decreases with higher number of trades>Interactive InvestorOne flat fee for all trade sizes>SaxoFee decreases with client tier>Interactive Brokers (IBKR PRO)Fee decreases with trade size>
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Online listed equity trade commission>SchwabUS$0>per trade1Hargreaves Lansdown£11.95 for 0-9 deals £8.95 for 10-19 deals>£5.95 for 20 or more deals per tradeInteractive Investor£3.99>per tradeSaxoUS$0.015>per share for Classic accountsUS$0.010 per share for Platinum accountsUS$0.005 per share for VIP accountsMinimum US$1Interactive Brokers (IBKR PRO)US$0.0005 to US$0.0035>per share (for <=300K shares/month) Minimum US$0.35 per trade. Maximum 1% of trade value
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Monthly account maintenance fee>SchwabUS$0>Hargreaves Lansdown£$0>Interactive Investor£11.99>per monthSaxoUS$0>Interactive Brokers (IBKR PRO)US$0>
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Satisfaction Guarantee2>Schwab✓>Hargreaves Lansdown->Interactive Investor->Saxo->Interactive Brokers (IBKR PRO)->
What you might expect to pay on a typical online buy and sell listed stock trade.
- Schwab
- Hargreaves Lansdown
- Interactive Investor
- Saxo
- Interactive Brokers (IBKR PRO)
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If you buy 2,500 shares of a U.S.-based stock, then sell them a year later.>SchwabUS$0>Hargreaves Lansdown£23.90>Interactive Investor£11.97>SaxoUS$75 for Classic accounts>US$50 for Platinum accountsUS$25 for VIP accountsInteractive Brokers (IBKR PRO)US$17.50>
All costs displayed are standard online equity trades. Competitor firm pricing information obtained from their respective websites as of 02/15/2024. Competitor pricing and offers subject to change without notice.
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Start investing in the U.S. markets today.
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