Schwab $0 commissions: stocks, options and forex cost boundaries
The $0 headline applies to specified online transactions; options contract fees, OTC commissions and forex spreads require separate calculations.
Identify the execution channel
The schedule lists $0 online commission for listed stocks and ETFs, with a $25 broker-assisted service charge. An online equity headline cannot be applied to every asset or execution method.
Sources for this section
Official programme, eligibility or contract source Official programme, eligibility or contract source
Diagram explained
Check instrument, route and additional charges
- Listed online equities: $0 commission
- 10 option contracts: $6.50 contract fees
- Forex: spread still applies
Contract fees still scale
Online options carry $0 base commission plus $0.65 per contract. An illustrative ten-contract order therefore has $6.50 contract fees before any other applicable charges; it is not a free options order.
Sources for this section
OTC is outside the headline
The schedule quotes $6.95 for US OTC equities and separates foreign transactions. Check the actual listing and route rather than assuming an overseas company’s ticker receives the US-listed equity rate.
Sources for this section
Official programme, eligibility or contract source Official programme, eligibility or contract source
Forex has spread costs
Forex has $0 online commission with trading costs reflected in the bid/ask spread. It is a separate US-customer product; a zero commission does not imply a zero spread or eligibility abroad.
Sources for this section
Official programme, eligibility or contract source Official programme, eligibility or contract source
Register for up to 100% trading fee rebates
Rebate details
Contact FINEX to confirm the rebate rate, eligible fees and account conditions before registering. contact@finexbroker.com
Your next step
Sources and scope
Sources are provider publications. Conditions may vary by entity, country, account and program. Recheck before signing up.