Low costs and great service shouldn't be a tradeoff.

See how Schwab compares.

Pricing: US$0 commissions on online listed equity trades

  • Schwab
  • Phillips Securities
  • Interactive Brokers (IBKR PRO)
  • Saxo
  • Tiger Brokers
  • Online equity trade price structure
  • Schwab

    One flat fee

    for all trade sizes
  • Phillips Securities
    Flat fee
    based on account tier
  • Interactive Brokers (IBKR PRO)
    Fee decreases
    with trade size
  • Saxo
    Percentage based on trade value
  • Tiger Brokers
    Per share fee (Commission + Platform Fee)
  • Online listed equity trade commission
  • Schwab

    US$0

    per trade1
  • Phillips Securities
    Starter (SGD0-29,999): US$3.88 flat
    Premier (SGD30,000– 249,999): US$2.88 flat
    Privilege (SGD250,000 and above): US$1.88 flat
  • Interactive Brokers (IBKR PRO)
    Tiered: US$0.0035 down to US$0.0005 per share (Min US$0.35)
    Fixed: US$0.005 per share (Min US$1.00)
    Lite: US$0
  • Saxo
    Classic: 0.08%
    Platinum: 0.05%
    VIP: 0.03%
    Minimum US$1 per trade
  • Tiger Brokers
    Commission: US$0.005 per share (Min US$0.99)
    Platform Fee: US$0.005 per share (Min US$1.00)
    (Max 0.5% of trade value per order)
  • Monthly account maintenance fee
  • Schwab
    US$0
  • Phillips Securities
    US$15 per quarter
  • Interactive Brokers (IBKR PRO)
    US$0
  • Saxo
    US$0
  • Tiger Brokers
    US$0
  • Satisfaction Guarantee2
  • Schwab
    TRUE
  • Phillips Securities
    X
  • Interactive Brokers (IBKR PRO)
    X
  • Saxo
    X
  • Tiger Brokers
    X
  • Custody
  • Schwab
    US$0
  • Phillips Securities
    Waived until Dec 31, 2027
  • Interactive Brokers (IBKR PRO)
    US$0
  • Saxo
    Classic/Platinum: 0.12%
    VIP: 0.06%
  • Tiger Brokers
    US$0

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.

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

  • Schwab
  • Phillips Securities
  • Interactive Brokers
  • Saxo
  • Tiger Brokers

  • Total fee for a round trip of 2,500 Shares at $10 per share ($25,000) held for 1 year
  • Schwab
    US$0
  • Phillips Securities
    $7.76
  • Interactive Brokers
    $17.50
  • Saxo
    $30.00
  • Tiger Brokers

    $25.00

All costs displayed are standard online equity trades. Competitor firm pricing information obtained from their respective websites as of 4/20/2022. Competitor pricing and offers subject to change without notice.

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