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Overview of Schwab Pricing Information |
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All amounts are in US dollars.
For full details of Fees and Commissions, please see the Charles Schwab Pricing Guide for Individual Investors.
Minimum to open an account is $10,000.
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| Online Trades2 | Broker-Assisted | ||||
| <120 trades3 per year and $999,999 or less in household balances4 | $12.95 for first 1,000 shares, plus $.015 for each additional share greater than 1,000 | Online commission + $25.00 | |||
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| 120+ trades5 per year OR $1,000,000+ in household balances4 | $8.95 | Online commission + $25.00 | |||
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| For commissions on stocks less than $1.00 per share and for special stock transactions, such as non-US stocks, large block, restricted and preferred stock transactions, please see the Charles Schwab Pricing Guide for Individual Investors. | |||||
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| Online Trades7 | Broker-Assisted Trades | ||||
| $8.95 plus $0.75 per contract | Online commission + $25.00 | ||||
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| Schwab reserves the right to act as principal on any fixed income transaction, public offering or securities transaction. When Schwab acts as agent, a commission will be charged on the transaction. When Schwab acts as principal, the markup is included in the bond price. | |||
| Web | Broker-Assisted Trades | ||
| New issues | Selling concession is included in the offering price. | ||
Treasuries, including Auction and Secondary:
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$0 | Online pricing + $25 per trade | |
| Other Secondary Trades: CDs, Corporate Bonds, Municipal Bonds, Government Agencies, Zero-coupon Treasuries, including STRIPS and Mortgage-Backed Securities | $1/bond, $10 min/ $250 max |
Online pricing + $25 per trade | |
| Commercial Paper & Foreign Bonds | These are specialty products - please contact us for information | ||
| Unit Investment Trusts | Sales charge applies. Please see prospectus. | ||
| Preferred Stocks and REITs | Stock commissions and minimums apply for secondary trades | ||
Note: Large block transactions (orders of more than 250 bonds) may be available for special handling and/or pricing - please call us for information.
Benefits of account consolidation
"Accounts of Your Household" are accounts that have been linked in accordance with Schwab's householding guidelines. Schwab aggregates the balances and activities of Accounts of Your Household to determine:
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Whether any fee waivers or charges apply (See the Charles Schwab Pricing Guide for details about waivers.) |
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Your commission rate |
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Whether your account may qualify for certain benefits or features |
Contact us on 0845 600 3575 (in the U.K.) or 0800 563821 (in Switzerland) with questions about householding or if you have accounts which need to be linked for householding purposes.
Please see the Charles Schwab Pricing Guide for additional details about householding.
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Does not include stocks less than $1.00 per share.
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Up to 999,999 shares can be placed per trade. Online Trades are trades placed through www.charlesschwab.com.uk, StreetSmart Pro®.
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1-29 in current calendar quarter or 1-119 over the prior 12 months. "Prior 12 months" means the last 12 calendar months plus the days to date in the current calendar month.
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For purposes of determining qualification for lower online commission pricing, Schwab looks at your Household Balance. "Household Balance" means the total combined assets
(including margin balance) in the Accounts of Your Household over a given period of time. In order to determine qualification for any fee waiver, interest rate and/or commission
price, Schwab will add up your daily Household Balances for the applicable time period, and then 30 or more in current quarter or 120 or more over the prior 12 months. "Prior 12
months" means the last 12 calendar months plus the days to date in the current calendar month.
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30 or more in current quarter or 120 or more over the prior 12 months. "Prior 12 months" means the last 12 calendar months plus the days to
date in the current calendar month.
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Please see the Charles Schwab Pricing Guide for Individual Investors for detailed information on equity and options commissions. Multiple leg options strategies will involve multiple commissions. Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options"before considering any option transaction. Contact Schwab for a current copy.
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Two-legged online option orders such as spreads, straddles, combos and rollouts are charged only one $8.95 base commission , plus per contract fees for the total number of option contracts. Complex option orders involving both an equity and an option leg, including Buy/Writes or Write/Unwinds are charged per contract fees for the option leg, plus commissions for the equity leg subject to the client's current commission schedule. There is no base commission for the option leg.
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