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
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Online equity trade price structure>Schwab>
One flat fee
for all trade sizesPhillips SecuritiesFlat fee>
based on account tierInteractive Brokers (IBKR PRO)Fee decreases>
with trade size
SaxoPercentage based on trade value>Tiger BrokersPer share fee (Commission + Platform Fee)>-
Online listed equity trade commission>Schwab>
US$0
per trade1Phillips SecuritiesStarter (SGD0-29,999): US$3.88 flat>
Premier (SGD30,000– 249,999): US$2.88 flat
Privilege (SGD250,000 and above): US$1.88 flatInteractive 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$0SaxoClassic: 0.08%>
Platinum: 0.05%
VIP: 0.03%
Minimum US$1 per tradeTiger BrokersCommission: 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>SchwabUS$0>Phillips Securities>US$15 per quarterInteractive Brokers (IBKR PRO)US$0>SaxoUS$0>Tiger BrokersUS$0>
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Satisfaction Guarantee2>SchwabTRUE>Phillips SecuritiesX>Interactive Brokers (IBKR PRO)X>SaxoX>Tiger BrokersX>
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Custody>SchwabUS$0>Phillips SecuritiesWaived until Dec 31, 2027>Interactive Brokers (IBKR PRO)US$0>SaxoClassic/Platinum: 0.12%>
VIP: 0.06%Tiger BrokersUS$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>SchwabUS$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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