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by jo.com  - Top 10, Mar 02 '00
Pros: quick transactions
Cons: high commission costs
I have used Charles Schwab's online investing service for a couple of years. They are known not to be the cheapest so I was careful during the following transaction: I wanted to by an OTC stock which had to be done by phone. I called and spoke...
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by Aphga , Jan 25 '00
Pros: High level of confidence...Good service...Convenient
Cons: High cost - $29.95 per trade
I am pretty new to online trading, but I have accounts with two brokerages: E*Trade and Charles Schwab.
FIRST SCHWAB...I found that trades were executed quickly and easily. I was able to get telephone assistance quickly and easily, too....
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by alex39 , Apr 30 '07
Pros: You are in charge of your assets & your money
Cons: The 800 #; it's as bad as all of these things.
I opened my first Broker's account in 1967; I've not a clue whether Chuck was even out of college back then or whether there was a Charles Schwab company. I was twenty-eight, married with children, a cat, and debt to pay off my college loans. I had ...
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by Teardrop... , Jun 07 '00
Pros: A name you know and trust
Cons: Three times as expensive as competitors Datek and Scottrade
...figure out what you pay each year in commissions rather than what you pay per transaction...
By the time you sell a stock through Schwab, you've spent $59.90 on commissions to buy and sell, and for what?...
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by JeffSullivan , Apr 24 '00
Pros: Online or phone trades available
Cons: Can take 20-30 minutes or more to execute a trade
I started trading with Schwab about 10-15 years ago, due to their reputation for fast, responsive service, and their low prices at the time. Just as market experts warn against investment drift, where letting your investment style...
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by mikolainis , Oct 20 '00
Pros: web interface, local offices, good service
Cons: Account management fees are too expensive. See update.
Though a little more pricey than the discount online brokers, Schwab delivers competent, solid service with no worries.
I chose to work with Charles Schwab because of their reputation - I wanted to make sure that the trading would be well...
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by dkaakd - Top 1000, Aug 09 '01
Pros: service, cost, and flexibility
Cons: $30.00 per trade is a bit high
I have accounts with Schwab, E-Trade, Putnam and Smith Barney and of all of these Schwab is far and away the best broker. The reasons are simple service, cost, and flexibility.
Service
E-Trade does offer good (fair) telephone...
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by dmcostello , May 09 '00
Pros: Great service, wide array of products
Cons: Fairly high commissions
I’ve had one brokerage account at Schwab since 1994. When I opened up that account, they didn’t even offer Web access; Schwab was at the cutting edge by allowing their customers to access their accounts through Schwab’s software. It didn’t really...
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by engwall , Jan 17 '00
Pros: Excellent Research & Planning Tools, Responsive, Intuitive
Cons: Can't think of any
Note: I only invest through a 401K, so this review does not cover cost of trading, only site functionality.
That said, Schwab is an excellent site. It is intuitive, has excellent tools for both research and planning, and it keeps you on top...
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by dkarmol , May 02 '00
Pros: Great service, big and secure
Cons: not the cheapest for frequent traders
Sure, I could drive a $9,000 econobox, but I choose to spend a bit more and ride in comfort. Same with my broker: Schwab is not the cheapest.
When it comes to my brokerage, while I don't want to pay too much, my first priority is good service....
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by JPierpontFinch , Aug 18 '00
Pros: Excellent service, dependable, many services
Cons: Not for very small portfolios
I've been a Schwab customer for almost twenty years. That's saying something in and of itself. Starting with a walk-in office in Silicon Valley, my self-directed investment efforts initially provided the down payment on my first house (MCIC was great...
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by bastionm , Mar 13 '00
Pros: Great service, low fees, customer orientation
Cons: Lacks a research team
Charles Schwab is a great place for the small, medium, and large investor-but you have to pick the right service. Don't expect to get advice talking to a sales agent on the telephone. That's not their job, which is why I disagree with a former...
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by rschndler9 , Mar 17 '00
Pros: ease of use, good advice
Cons: a bit pricey
Schwab would be my pick for best overall online trading companies. Their web site is very informative and has accurate advice. It is very easy to trade with their site but the price for trading could be lowered. Nevertheless this site is much better...
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by Magick1, - Top 500, Jan 22 '00
Pros: Easy to use, easy to learn, even for new investors
Cons: Price of trade not as "low" as other trading sites
I have been using Schwab for over 1 year now to do my online trading.
It is a easy site to navigate. It really is self explanatory. New users should be able to use this without difficulty.
I have to say that I really wish they...
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by jnelson , Apr 16 '00
Pros: Great offline Service
Cons: Pricey
I've been online trading with Schwab for over a year. I was initially drawn to Schwab because they have a branch office 15 minutes from my house. I like the idea of being able to go talk to a person if something goes wrong.
I did go see...
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