Fees & Commissions
All amounts are in US dollars.
For full details of Fees and Commissions, please see the Charles Schwab Hong Kong Pricing Guide for Individual Investors
Minimum to open an Individual/Joint account: US$25,000
Please contact us for the minimum to open a Corporate account.
| Online Trades1 | Broker-Assisted |
| $4.95 | Online commission + $25.00 service charge |
1. Restrictions apply: The standard online $4.95 commission does not apply to foreign stock transactions, large block transactions requiring special handling, or restricted stock transactions. Foreign ordinary shares that trade online in the U.S. over-the-counter (OTC) market and do not settle in the U.S. will have a $50 foreign transaction fee added to the cost of the transaction. See the Charles Schwab Hong Kong Pricing Guide, and April 2018 Amendments to the Charles Schwab Hong Kong Pricing Guide for Individual Investors for details. Employee equity compensation transactions are subject to separate commission schedules.
Some funds may also charge sales and/or redemption fees. Please read the offering documents for details.
| Fund Type | Broker-Assisted Trades |
| Offshore Mutual Fund | $0 |
| Short-term Redemption Fee3 | $49.95 |
2. For offshore funds (for non-U.S. persons), call Schwab Hong Kong at +852-2101-0511 for details.
3. Schwab's short-term redemption fee of $49.95 will be charged on redemption of certain funds with no transaction fees and held for 90 days or less. Schwab reserves the right to exempt certain funds from this fee, which may charge a separate redemption fee and funds that accommodate short-term trading. Funds are subject to management fees and expenses.
| Online Trades | Broker-Assisted Trades | |
| New issues, including CDs. | Selling concession is included in the offering price. | |
| Treasuries, including Auction and Secondary: Treasury Bonds, Treasury Bills, Treasury Notes and TIPS | $0 | Online Pricing + $25 per trade service charge |
| Other Secondary Trades: CDs, Corporate Bonds, Municipal Bonds, Government Agencies, Zero-coupon Treasuries, including STRIPS. | $1 per bond + $10 minimum $250 maximum + |
Online Pricing + $25 per trade service charge |
| Commercial Paper, Foreign Bonds, Asset-Backed Securities, Mortgage-Backed Securities, Collateralized Mortgage Obligations, and Unit Investments Trusts | These are specialty products — please contact us for information. | |
| Preferred Stocks and REITs6 | $4.95 | Online Pricing + $25 per trade service charge |
Please contact Schwab's fixed income specialists for product availability and other details.
+ Schwab reserves the right to act as principal on any fixed income transaction, public offering or securities transaction. When Schwab acts as principal, the bond price includes our transaction fee (outlined above) and may also include a markup that reflects the bid-ask spread and is not subject to a minimum or maximum. When trading as principal, Schwab may also be holding the security in its own account prior to selling it to you and, therefore, may make (or lose) money depending on whether the price of the security has risen or fallen while Schwab has held it.
Note: Large block transactions (orders of more than 250 bonds) may be available for special handling and/or pricing — please call us for information.
6. Restrictions apply: The standard online $4.95 commission does not apply to foreign stock transactions, large block transactions requiring special handling, or restricted stock transactions. Foreign ordinary shares that trade online in the U.S. over-the-counter (OTC) market and do not settle in the U.S. will have a $50 foreign transaction fee added to the cost of the transaction. See the Charles Schwab Hong Kong Pricing Guide, and April 2018 Amendments to the Charles Schwab Hong Kong Pricing Guide for Individual Investors for details. Employee equity compensation transactions are subject to separate commission schedules.
Satisfaction Guarantee
At Schwab, we believe every investor deserves to work with a firm they can count on. Our commitment is backed by a guarantee*. If for any reason you’re not completely satisfied, we’ll refund your fee or commission and work with you to make things right.