Expect low prices at Schwab.
From day one Schwab has helped lead the way in offering greater value for investors by driving down costs. And that continues, as most TD Ameritrade clients will experience pricing that is the same or better when they move to Schwab.
Explore our low commissions.
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Listed Stocks and ETFsOnline commission1,2
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Options
Online base commission + $0.65 per contract fee3
Even more price reductions are coming.
As a TD Ameritrade client, you're already benefiting from improved reorganization event fees, check copying fees, and stop payment fees. But when your account moves to Schwab, the low costs you're used to are just the beginning.
By leveraging the combined strength of both companies, we'll be able to offer you more value and more price improvements:
- TD Ameritrade
- Schwab
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Mandatory corporate actions/reorganization eventsTD Ameritrade$38Schwab$0
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Paper charges (statements, confirmations, duplicates, etc.)TD Ameritrade$2-$5/itemSchwab$0
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Physical stock certificatesTD Ameritrade$500Schwab$100
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Fees for outbound online wires within U.S.TD Ameritrade$25Schwab$15
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Broker-assisted fixed income trading feeTD Ameritrade0.5%-1% of principal on a net yield basisSchwab$10 min/$250 max
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Alternative investments custody feeTD AmeritradePer position fee with no cap (per account/year)SchwabSame per position fee with $500 max (per account/year)