Information about Charles Schwab Company
Charles Schwab Company provides its clients with the opportunity to trade using ETFs and CFDs. In addition, the broker offers access to shares of leading global companies. Clients also have the option to use Charles Schwab’s banking services, including financing for small and medium-sized businesses, mortgage services, loan refinancing, and social insurance services.
History of Charles Schwab Company
The company was founded in 1971 and has been successfully operating in the financial market since then.
Regulatory Bodies
The activities of the Charles Schwab broker are regulated by the FDIC (Securities Investor Protection Corporation) and SIPC (Federal Deposit Insurance Corporation).
Location
The main office of Charles Schwab Company is located at: 11 Main Street, San Francisco.
Contact Information
For support, clients can call: 800-435-4000 or use the 24/7 online chat. In addition, residents of the USA can visit the company’s branches.
Charles Schwab Trading Platforms
The broker offers a web terminal, a mobile trading application, and the cloud platform StreetSmart Edge for trading operations.
Trading Conditions
The main account currency is the US dollar. The minimum stake starts from $50. Commissions for trades: $4.95 for stocks, $4.95 and $0.65 per options contract, $3.50 for options. Charles Schwab does not offer affiliate programs.
Types of Trading Accounts
- Individual brokerage account;
- Joint brokerage account;
- Retirement account;
- Checking account;
- Money management account.
Funding and Withdrawal of Funds
Clients can use electronic fund transfers through Schwab MoneyLink® or request a bank transfer from another financial institution. Detailed instructions are provided after opening an account.
Reviews
When trading in financial markets, it is important to consider risks. It is recommended to consult with a financial expert for successful work with Charles Schwab Company.