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See how Schwab compares.

Pricing: US$0 commissions on online listed equity trades

  • Schwab
  • HSBC
    (US Stock Trading)
  • Citibank
    (US Stock Services)
  • Interactive Brokers
    (IBKR PRO)
  • Online equity trade price structure
  • Schwab

    One flat fee

    for all trade sizes
  • HSBC
    (US Stock Trading)

    Fee increases

    with trade size
  • Citibank
    (US Stock Services)

    Fee increases

    with trade size
  • Interactive Brokers
    (IBKR PRO)

    Fee increases

    with trade size
  • Online listed equity trade commission
  • Schwab

    US$0

    per trade1
  • HSBC
    (US Stock Trading)

    US$18

    for first 1,000 shares

    US$18 + US$0.015per additional share for trades of 1000+ shares
  • Citibank
    (US Stock Services)

    Minimum US$30per trade


    1% of trade value for trades US$0 – US$9,999

    0.9% of trade value for trades US$10,000 – US$19,999

    0.8% of trade value for trades US$20,000 – US$49,999

    0.5% of trade value for trades US$50,000 and above
  • Interactive Brokers
    (IBKR PRO)

    US$0.0035 per share (for <=300K shares/month) down to US$0.0005 per share (for >100M shares/month)


    Minimum US$0.35 per trade Maximum 1% of trade value
  • Monthly account maintenance fee
  • Schwab
    US$0
  • HSBC
    (US Stock Trading)
    US$5
  • Citibank
    (US Stock Services)

    HK$100

    (semi-annual) for inactive accounts
  • Interactive Brokers
    (IBKR PRO)

    US$0


  • Satisfaction Guarantee2
  • Schwab
  • HSBC
    (US Stock Trading)
    -
  • Citibank
    (US Stock Services)
    -
  • Interactive Brokers
    (IBKR PRO)
    -

What you might expect to pay on a typical online buy and sell listed stock trade.

  • Schwab
  • HSBC
    (US Stock Trading)
  • Citibank
    (US Stock Services)
  • Interactive Brokers
    (IBKR PRO)
  • If you buy 2,500 shares of a U.S.-based stock (at US$10 per share), then sell them a year later.
  • Schwab
    US$0
  • HSBC
    (US Stock Trading)
    US$81
  • Citibank
    (US Stock Services)
    US$400
  • Interactive Brokers
    (IBKR PRO)
    US$17.50

All costs displayed are standard online equity trades. This calculation is based solely on trading commissions. Competitor firm pricing information obtained from their respective websites as of April 29th, 2026. Competitor pricing and offers subject to change without notice.

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    New customers
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    Monday-Friday, 9:00 am to 6:00 pm (HK Time)

    Existing customers
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    Monday 5:30 am – Saturday 1:00 pm (HK Time)

  • Email

  • Visit us

    Charles Schwab, Hong Kong, Ltd.
    Room 3401, 34th Floor, Gloucester Tower,
    The Landmark, 15 Queen's Road Central, Central, Hong Kong

    Office hours
    Monday-Friday, 9:00 am to 6:00 pm (HK Time)