Charles SchwabReviews of schwab.com

They won't restrict trades on companies that constantly dilute, but let a ticker that gets a good run and I have to call and place a trade (ELPW, TCGL) with a broker. What's the point? How about making those stocks non-commission free if I'm going to do it electronically. It'll save a lot of time having to call and wait on a broker. By the time the call is answered the price of the security has already doubled in price. Seriously looking into finding another brokerage firm to at this point. I went through so many different companies running today on a restricted trade. This makes no sense whatsoever. A risk is taken on every trade.

Sat down over holidays with stepson to open a brokerage account to help him get started making passive income. Used the phone app to do that. Submitted drivers license and other ID as required. Account was created. He logged in. I wrote him a check for $600 to use to buy his three young children a share of NVidia each. He deposited the check into Schwab. The check cleared and was cashed out of my account. Next morning he goes to login to the app to buy the stock. And he is locked out of the app. A call to Schwab service and they tell him they need his drivers license, again, and a copy of a W2 faxed to them. Who has a land line for a fax anymore? Next day he gets a phone message from Schwab saying he will need to visit an office to unlock the account. He calls them back the next day and tells them he cannot afford to take a day off from work to drive 60 miles one way, through traffic, 120 miles round trip, to open an account. Schwab says tough luck. He asks them to write him a check for the $600 and close the account. Schwab says tough luck. Schwab then agrees to return the amount of the check to my checking account....at Schwab BTW. It's been 7 business days and that $600 has not been returned. It is my opinion that Schwab just stole $600 from my stepson. I would advise you to avoid these people like the plague.

This is very sophisticated large yet scammy firm that sometimes tricks you here, sometimes - there. They lured me into opening account promising that as an European I will trade US ETFs through them. Not really. They openly admit it once you board, that the sales misled me. Login/Authentication to the account works just sometimes. Maybe it will work today, maybe I get stuck in the authentication page when their software refuses to send me SMS/call with code, and in that case I have to call them. Avoid at all costs. Typical American business attitude.

If you are reading this to see if you should sign up, just dont do it

If I could leave no stars I would. Had a savings and checking account and wrote my first check. With twice the amount I needed in my account, they bounced my check due to "signature irregularity." No email, no text, just a phone call that I didn't answer because spam! They left a scammer message telling me to call back, and when I googled the number, it came up as probably a scam. Need I mention that I've had the same signature for over 30 years! I called after they bounced the check and they apologized and told me to have the company re-deposit the check, which they did. You'll never guess what happened! They bounced it again, with no scammy phone call or any other contact whatsoever. Closing both accounts as fast as I can and letting people know to avoid this bank at all costs!

Schwab does NOT have enough security in place to open a new brokerage account. They allowed a new account to be established with my husband's stolen ID information and then they followed up with a debit to his personal checking account and transferred money to the fraudulent Schwab account. When we called on Monday to report the fraud, we were told the money would be transferred back to his checking account and someone from the Fraud Department would call the next day. After no one from the fraud department called on Tuesday, we called Schwab on Tuesday to report a second fraudulent account. This person said my husband's bank had to request the money Schwab removed from his checking account be transferred back to his checking account. After five days, no one from Schwab's Fraud Department has called my husband. I cannot believe Schwab makes it this easy to establish a fraudulent investment account. They need more safeguards in place!

Not worth it , After 5 years of investment , All i can say is i'm totally disappointed . Please avoid if you can ,

Horrible, horrible, horrible. I hate that my employer changed over to this company. They are useless and show that they do not care about customer service or concern. This is the worst company I've ever dealt with in my life as far as my employee 401k.