Charles Schwab

Charles Schwab Reviews



Overall 4.5 star rating4.71 of 5 (by 7 users)



Charles Schwab Review Summary

Investors have many options when it comes to online account setup and online investing and one of the most respected among the online brokerage services is Charles Schwab. This online brokerage service is loved for its customer service, its intuitive web site, and its reputation as a financial services leader. “Excellent Customer Service, Easy to Use Website” seems to sum up the feelings of the reviewers who have used Charles Schwab. Its commissions and fees are slightly higher than average, but Charles Schwab is still a very good Online Brokerage Services for novice and experienced investors
71% of people rated Charles Schwab as 5 stars
71% of people rated Charles Schwab as 5 stars%
71%
29% of people rated Charles Schwab as 4 stars
29% of people rated Charles Schwab as 4 stars%
29%
No one rated Charles Schwab as 3 stars
No one rated Charles Schwab as 3 stars%
0%
No one rated Charles Schwab as 2 stars
No one rated Charles Schwab as 2 stars%
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No one rated Charles Schwab as 1 star
No one rated Charles Schwab as 1 star%
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100% Everyone recommends Charles Schwab Everyone recommends Charles Schwab 0%
 

Charles Schwab Ratings and Reviews

items/page: 15 | 30 | 50 displaying 1 to 7 of 7 sort by: most helpful | date | rating


7
helpful
votes
on a strict budget

MAR
24
2009

The one sentence title comes from our family experience with Schwab.

I have had only positive experiences with Schwab.

They are professional and courteous and always treat people right even if they don't have a lot of money. I think Schwab has a huge potential among lower income people who would not usually think of investing. My own encounters with them are proof of this.

There is a family story about Schwab that shows just how good our experience has been:

We are a blue collar family and my mother wanted to open an IRA. She expected to be treated poorly and was nervous about the whole process....

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5 star rating
reviewer
JimboW
Alden, IL



3
helpful
votes
Every day computer user, practical, an aggressive investor

FEB
4
2008
We've used Charles Schwab for at least 15 years and have been very satisfied. Yes, their trade commissions are a little higher, but their customer service is excellent. We tried TD Waterhouse, E-Trade, and several other brokers, but went back to Schwab every time. Web site has more information than we could every need, plus it is easy to use.
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5 star rating
reviewer
TOM99
Aptos, CA



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2
helpful
votes
an aggressive investor

FEB
3
2008
Schwab is great. Everything you want - stocks, bonds, banking, billpay, customer service.....the list goes on and on. Plenty of stock research information available. Good phone support. Trading prices are a bit more than others, but you get what you pay for. $2 more a trade is worth it given everything they provide you with.
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5 star rating
reviewer
IssacStraight
Cincinnati, OH



1
helpful
vote
Every day computer user, an aggressive investor, an aggressive saver

MAY
1
2009

Charles Schwab has been a great bank and investment house to work with.  I use all aspects of the website and have been very pleased.  Their stock trading page is easy to use and tells you exactly the status of all orders.  The brokerage account overview lets me know exactly how much I have gained or lost for the day and sends notices to my e mail about the companies that I am invested in.  I can get all of my statements and notices through my e mail so I cut down on the use of trees and also the possibility of identity theft.  The bill pay option has saved me a bundle in stamps.  It also...

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5 star rating
reviewer 2009 Reviewer
Brendar1974
Murrieta, CA



1
helpful
vote

NOV
23
2008
Schwab has top notch research tools, and acceptable commissions and fees. Schwab loses some marks for a mediocre registration process and average charts but I still recommend the service.

Registration - C
Trading - B
Charts - C
Research Tools - A
Commissions and Fees(Pass/Fail) - Pass

Read my full review of Schwab and other major online brokers at http://onlinebrokerreview.blogspot.com/


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4 star rating
OnlineBrokerReview
Hoboken, NJ



1
helpful
vote
technically savvy, Every day computer user, expecting good, fair service

DEC
6
2007
I have been using Charles Schwab online and in person for about 10 years.  I have had excellent customer service on the phone when needed.  Their bond people are extremely helpful.  Their trade fees, while not that high, can add up.  Overall, I am very satisfied with this online broker.
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4 star rating
reviewer
llwilson
Ashburn, VA



D
a low risk investor, saving a little, on a strict budget, not rich, cost-conscious

JUN
7
2009

My aunt helped me set up my new IRA at Schwab several years ago.  Being a new college student and part time employee I was unsure of everything and anything to do with retirement savings.  I have never actually gone in to see anyone at Schwab, but every email I have written has come back within two or three days, usually within 24 hours.  The responses I get are accurate and friendly and give me the information I was looking for.  The phone operators are also as polite and friendly as the email people.  I would definitely reccommend Schwab to people starting out, or having years of investing...

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5 star rating
reviewer 2009 Contributor
kat9948
San Jose, CA



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