TopConsumerReviews.com is a world-leading consumer product review site. We provide detailed reviews and ratings for thousands of products and services.

 

Charles Schwab Review

We recommend

 

Disclosure: We are not compensated by companies for their reviews, but we may be compensated for links and advertisements on our website. Click here for details.

 

CHARLES SCHWAB

Charles Schwab is a full-service online stock broker, founded in 1971 and currently managing more than $2.6 trillion in investments for over nine million investors. Because Schwab also has 300+ brick-and-mortar locations, investors have more access to face-to-face advisors if they so choose.

You'll have a hard time finding another brokerage that is more accessible: Schwab offers round-the-clock customer service, every day of the year. Better yet, if you're looking for some basic investment help, you can get in touch with one of their representatives at no cost. On the other hand, if you want more personalized assistance, you can choose Schwab's Intelligent Portfolios or Managed Portfolios.

Schwab's online tools and platforms include the usual panorama of web/mobile trading and trading software, depending on your preference. If you use the software, StreetSmart Edge, you'll be able to customize your platform according to the criteria you need, including streaming real-time data and potential trade ideas. Customer feedback indicates that Schwab is a fantastic choice for almost every type of investor, but active traders will probably find more robust options with one of the other online stock brokers in our review that specialize in that approach to buying and selling stocks.

Schwab's trading fees are average, at $4.95 per trade. Their required minimum investment of $1000 is more than many of their competitors.

On a positive note, Schwab is one of the only online stock brokers we found to offer a Satisfaction Guarantee. If, for some reason you're not 100% satisfied with their services, they will refund your fees/commissions and work with you to fix it.

Charles Schwab is an extremely reputable online stock broker and is an ideal fit for investors who want a one-stop shop for practically every investment type and service - though you might find lower investment minimums and per-trade fees with the competition.

Visit Site >


Best Online Stock Brokers

To help you find the Best Online Stock Brokers, TopConsumerReviews.com provides you with an in-depth Charles Schwab Review.

Who is the Best Online Stock Broker? Whether you consider yourself an avid investor or a beginner just starting to look into the stock market, it's easy to get overwhelmed by all of the stock trading options. Although some people still use traditional stock brokers, many people have found they can save a lot of money by trading stocks themselves.

Besides significant cost savings, another great advantage to executing your own transactions is that you can avoid the time and energy necessary to deal with "professional" stock brokers. Many of these individuals try to convince you to buy or sell stocks, because they earn a commission every time you make a transaction. With online stock brokers, you never have to talk to any salesmen.

And, of course, with fluctuations in the economy, and subsequent rises and falls in stock prices, some people panic and pull out significant investments - leaving the door wide open for others to take advantage of big opportunities to buy low and hopefully sell high later.

Of course, the best online stock brokers do have the option to work with a consultant if you choose. Especially if you're just starting to learn about investments, you may feel more comfortable knowing you can access an expert if the need arises. These services may be included, or you may have to pay for them a la carte.

So, when choosing the right online stock broker for your needs, how do you know which one is best? Before you jump in and start buying up your shares in Apple or Coca-Cola, here are some factors to keep in mind:

  • Information. From beginners to experts, having up-to-date information on the stock market is critical. What resources does the online stock broker have available to guide you in your decision-making?
  • Fees. When purchasing your stocks, will you be charged a percentage of your total buy or a flat fee? When the time comes to sell, what will you pay?
  • Reputation. What do other investors say about their experience buying and selling with the online stock broker? Have they had positive interactions with the broker when they've needed help? How many investors have chosen this particular broker's services?

TopConsumerReviews.com has reviewed and ranked the best online stock brokers available today. We hope this information helps you choose the right broker for your stock buying and trading needs!



Stock Brokers In The News

Hartford Financial Services Group: 6% Preferred Stock Begins Trading On NYSE

In this article, we want to shed light on a new Preferred Stock issued by The Hartford Financial Services Group (NYSE: HIG) Our goal is purely to inform you about the product while refraining ...

Published:  Thu, 15 Nov 2018 08:13:00 GMT



Nvidia Stock Falls On Sales Miss, Weak Guidance, Excess Inventory

Nvidia stock fell hard in extended trading. Nvidia earnings rose 38% year over year to an adjusted $1.84 a share in its third quarter ended Oct. 28. Sales increased 21% to $3.18 billion. Analysts poll...

Published:  Thu, 15 Nov 2018 13:46:00 GMT



Denbury Resources Inc. Stock Jumped 10% Today: Here's Why and What It Means for Investors

As of 11:36 p.m. EST on Nov. 14, shares of independent oil producer Denbury Resources Inc. (NYSE:DNR) are up just under 8%, having retreated from earlier trading, when the stock price was up well over ...

Published:  Wed, 14 Nov 2018 09:06:00 GMT



Buffett's big bank bet explained using a simple measure of stock market value

The biggest deal he recently made was to buy back near-$1 billion in shares of his own company's stock, a buyback decision he said would be made only at times when he felt Berkshire was trading below ...

Published:  Thu, 15 Nov 2018 07:36:00 GMT



Crash: Bitcoin And The Stock Market On The Brink

The stock market is crashing and the Nasdaq is crashing more and ... it is impossible that there would be no interconnection between these trading assets. The whole crypto market has tanked at the sam...

Published:  Thu, 15 Nov 2018 06:55:00 GMT




We recommend

 

- View Full Site -