Fractional Shares | Invest in Stock Slices
schwab.comSummary
Charles Schwab is a financial services company that offers investment opportunities in stocks, including fractional shares, and various cryptocurrency-related products. It provides commission-free online trading for listed stocks and ETFs, and offers different account types and investment management services.
Features2/12
See allMust Have
2 of 5
Commission-Free Stock Trading
Bitcoin Trading
Instant P2P Transfers
Prepaid Debit Card (Cash App Card)
Early Direct Deposit
Other
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Fraud Monitoring & Security
High-Yield Savings
Round-Up Savings
Pay Over Time (Afterpay)
Instant Discounts & Offers
Customizable Card Designs
ATM Access & Fee Reimbursement
PricingTiered
See allOnline Listed Stocks and ETFs
- Online trading
- Listed Stocks
- ETFs
Options
- Online trading
- Options contracts
- Options carry a high level of risk and are not suitable for all investors.
- Certain requirements must be met to trade options through Schwab.
Schwab Mutual Fund OneSource®
- Thousands of funds from Schwab Mutual Fund OneSource
- $49.95 short-term redemption fee if held for 90 days or less.
US Over-The-Counter (OTC) Equities
- US Over-The-Counter (OTC) Equities
All other mutual funds
- Mutual funds not in OneSource®
Futures
- Futures trading
Futures Options
- Futures Options trading
Forex
- Forex trading
Canadian Securities (Local exchange & OTC)
- Canadian Securities trading
Foreign stock transactions (U.S. OTC market)
- Foreign stock transactions placed on the U.S. over-the-counter (OTC) market
Foreign stock transactions (local exchanges)
- Foreign stock transactions placed directly on local exchanges
- Online trading not available.
Treasuries
- Treasury Bonds
- Treasury Bills
- Treasury Notes
- TIPS
Other Secondary Trades (Bonds)
- CDs
- Corporate Bonds
- Municipal Bonds
- Government Agencies
- Zero-Coupon Treasuries
- STRIPS
Schwab Intelligent Portfolios®
- Automated Investing
- ETFs in portfolio
- FDIC-insured deposit at Schwab Bank
- Minimum account balance of $5,000.
Schwab Intelligent Portfolios Premium®
- Automated Investing with Guidance
- ETFs in portfolio
- FDIC-insured deposit at Schwab Bank
- Minimum account balance of $25,000.
Schwab Wealth Advisory™
- Wealth Advisory services
- Minimum account balance of $500,000.
Schwab Managed Portfolios
- Managed Portfolios
- Minimum account balance of $25,000.
Managed Account Select® Equity Strategies
- Equity Strategies
- Minimum account balance of $100,000.
Managed Account Select® Fixed Income Strategies
- Fixed Income Strategies
- Minimum account balance of $250,000.
Wasmer Schroeder™ Strategies
- Wasmer Schroeder Strategies
- Minimum account balance of $250,000.
Windhaven® Strategies
- Windhaven Strategies
- Minimum account balance of $100,000.
ThomasPartners® Strategies
- ThomasPartners Strategies
- Minimum account balance of $100,000.
Schwab Personalized Indexing™
- Personalized Indexing
- Minimum account balance of $100,000.
Rationale
Charles Schwab offers commission-free stock trading, including fractional shares (Schwab Stock Slices), and provides various ways to gain exposure to cryptocurrency markets, including spot bitcoin funds and crypto-related stocks. While it offers investment features, it does not provide peer-to-peer transfers, a prepaid debit card, or early direct deposit, which are core features of Cash App.