Charles Schwab

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.

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