Charles Schwab Roth IRA review

Schwab is the runner-up because it pairs Fidelity-level pricing with the most visible service options on its Roth IRA page. You can open the account with a $0 minimum deposit and pay $0 commissions on online listed equity trades whatever your balance or trading frequency. Options cost $0.65 per contract. The page offers professional answers 24/7 by phone and chat and a branch finder, and the Schwab Satisfaction Guarantee promises to refund a fee or commission if you are not completely satisfied. The fine print matters if you trade by phone: broker-assisted trades cost $25 and automated phone trades $5, and the $0 rate excludes over-the-counter stocks, transaction-fee mutual funds, futures and fixed income. It lands just behind Fidelity because its Roth IRA page does not advertise a fee-free managed option for small balances.

Who it is for

savers who want branch access and 24/7 support

Price

$0 minimum deposit and $0 online listed equity commissions; options $0.65 per contract.

you can open an account with a $0 minimum deposit plus get $0 online listed equity trade commissions.
Quoted from the vendor pricing page on November 13, 2026.

Key features

• $0 minimum deposit to open
• $0 online listed equity trade commissions
• Options at a $0.65 per-contract fee
• Professional answers 24/7 by phone and live chat
• Schwab branch locator for in-person help

Strengths and weaknesses

• Strength: In-person branches plus 24/7 phone and chat support
• Strength: Satisfaction Guarantee refunds a fee or commission if you are not satisfied
• Strength: No minimum deposit
• Weakness: Broker-assisted trades cost $25 and automated phone trades $5
• Weakness: OTC stocks, transaction-fee mutual funds and fixed income are excluded from $0 commissions
• Weakness: No contribution match

Key facts

• Minimum: $0
• Online stock and ETF trades: $0 commission
• Options: $0.65 per contract
• Support: 24/7, plus branches

Where it ranks

Charles Schwab Roth IRA is No. 2 in our Best Roth Ira Providers verdict.