Charles SchwabReviews of schwab.com

Can Not Access my own money! Recently my debit card stopped working even though I had plenty of money in my account, and when I called, it took over an hour to verify me. The people were very incompetent, and I was locked out of my own account with no access to my own money. I am still waiting to be able to get to my money and am writing this while I wait patiently on the phone.

Horrible customer service, never using Schwab again.

Schwab does not want you to make money on Options. My strategy is simple deep in the money calls and puts. I never go close to the 390 rule and I have been flagged as a professional trader. Their feedback was change my trading strategy because its hurting their market makers pricing. The margins are small my account is small. Even though I pay them commissions and fees on each order, they still don't care because my account is only 70k. They pretty much told me not to trade deep in the money because I'm taking advantage of 0 DTE or 7 DTE options. I asked them so why have them anyway. They said so the market makers can provide them better pricing.

I've been a customer of Charles Schwab for multiple years now. Their customer service is some of the best I have ever experienced. I also really appreciate how they reimburse all ATM fees. I will continue to use them for banking and brokerage services for the foreseeable future.

I’ve been trying to gift shares to my daughter for over six weeks, and the process still isn’t complete. I’ve called at least 20 times, and each representative has given me different requirements or next steps. There seems to be no consistent, coordinated process at Schwab for handling share transfers or gifting. This experience has been extremely disappointing. I’m now planning to move to another brokerage.

Goldwasser that’s all I have to say - complete fraud and under FNRA and SEC investigation. I live in a one way record state which means I can record without the other person’s acceptance and on several recorded calls. What I have on these calls which show a complete lack of compliance and disregard to FNRA & SEC guidelines ( it’s amazing that someone would say these things ) which is going to completely destroy the integrity of Schwa and they will be paying heavy fines. Interested in joining a class action ? They have been taking part in nefarious and illegal business practices since taking over TD Ameritrade. Legal implications to follow; stay far away from this company they ruined Td Ameritrade and will ruin you.

If I could give zero stars I would. I have been waiting for my 401k rollover check in the mail for 30 days now. Every time I call, there is a different excuse - the check is in the mail, the check is coming from CA (10days later), the check came back destroyed, the check is being over nighted, the check wasn’t picked up by UPS on Friday, here’s the tracking number it went out today (tracking # says it hasn’t been picked up). Lies lies lies. Horrible customer service and due diligence making sure checks go out in a timely manner.

Really disappointed in Charles Schwab. I opened a new account and funded it. They refused to give me permissions to trade on the SPY. I withdrew my money and was charged a hefty fee, very disappointed because I wasn’t given a chance to trade and lost money. I have now opened an account with IBKR and was granted permission to trade on the SPY. I do not recommend Charles Schwab.