Legal company nameCharles Schwab & Co., Inc. · Charles Schwab Futures and Forex LLC · Charles Schwab Bank, SSB · The Charles Schwab Corporation
Year founded1971
Headquarters / registered countryWestlake, United States
Websitewww.schwab.com
Last checked09.11.2026
According to its official website, Charles Schwab is the brand under which The Charles Schwab Corporation provides brokerage, banking and financial advisory services; the site refers to a history of more than 50 years and gives 3000 Schwab Way, Westlake, Texas as its headquarters address. Brokerage services are provided by Charles Schwab & Co., Inc., an SEC-registered broker-dealer and SIPC member, while futures, futures options and forex trading are provided by Charles Schwab Futures and Forex LLC, a CFTC-registered futures commission merchant (FCM) and NFA member; deposit and lending services come from Charles Schwab Bank, SSB (member FDIC) and cryptocurrency services from Charles Schwab Premier Bank, SSB. Clients trade stocks, ETFs, mutual funds, options, bonds, futures and more than 65 forex pairs on Schwab.com, Schwab Mobile and the thinkorswim desktop, web and mobile platforms; the site lists $0 online equity commissions, $0.65 per options contract, $2.25 per futures contract and forex costs reflected in the spread. The site is designed for US residents. This information is the company's own statement.
Account Details
ACCOUNT TYPESSchwab One brokerage account · Individual retirement accounts (IRA) · Education and custodial accounts · Small business accounts · Futures and forex accounts
MIN. DEPOSITNot stated
PLATFORMSSchwab.com · Schwab Mobile · thinkorswim Desktop, Web and Mobile · paperMoney (simulation)
PRODUCTSStocks · ETFs · Mutual funds · Options · Futures and futures options · Forex (more than 65 pairs) · Bonds and CDs · Cryptocurrency (Schwab Premier Bank)
Licences and regulation
CFTC (United States)
Licence no.NFA ID 0477394
Licence holderCharles Schwab Futures and Forex LLC
ScopeNFA BASIC: NFA member (approved); registrations: FCM. CFTC FCM list (30 Sep 2026): futures commission merchant (FCM); DSRO NFA; retail forex obligation 55,6 M$. Group entity providing the futures and forex services on the site.
StatusVerified
SEC (United States)
Licence no.SEC 8-16514 · CRD 5393
Licence holderCharles Schwab & Co., Inc.
ScopeFINRA BrokerCheck: SEC-registered broker-dealer, FINRA member, Approved; FINRA approval 13 Oct 1970, Westlake, TX; 53 state registrations; disclosures: 59 regulatory event, 3 civil event, 261 arbitration, 2 bond. Broker-dealer named on the site; owner Schwab Holdings, Inc.
StatusVerified
FDIC (United States)
Licence no.FDIC Cert. 57450
Licence holderCharles Schwab Bank, SSB
ScopeFDIC BankFind: Charles Schwab Bank, SSB (Westlake, TX), active FDIC-insured state bank (Federal Reserve member, FED-supervised); insured since 28 Apr 2003; federal regulator FED; assets 250.8 bn USD (30 Jun 2026). Named on the site as the group's deposit bank.
StatusVerified
USER REPORTS
User complaints
User reports found online are classified by topic. The reports are compiled from records on Trustpilot, WikiFX, Şikayetvar and FastBull, and one person's records count once.
There are no classified user reports for this institution yet.
Sources and verification history
Official company sourcesschwab.com — homepage, Futures, Forex, Pricing, thinkorswim, Open an Account and Legal: Charles Schwab Futures and Forex LLC Disclosures (CFTC 1.55 / NFA 2-36) pages
Regulator recordsNFA BASIC — CHARLES SCHWAB FUTURES AND FOREX LLC, NFA ID 0477394 (nfa.futures.org, 9 Nov 2026) · CFTC FCM financial data list (30 Sep 2026) · FINRA BrokerCheck — Charles Schwab & Co., Inc., CRD 5393 (9 Nov 2026) · FDIC BankFind — Charles Schwab Bank, SSB, Cert. 57450 (9 Nov 2026)
Company registerVerified source to be added
User feedback sourcesTrustpilot · Şikayetvar · WikiFX · FastBull
Last verified09.11.2026
SAME CATEGORY
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No complaint records have been compiled for Charles Schwab yet, so no comparison list is shown. Below are institutions operating in the same service area whose licences are verified.
The list is generated automatically; it is not a recommendation and there is no paid placement.
Frequently asked questions
Is Charles Schwab trustworthy?
According to the data, Charles Schwab has 3 verified licences (CFTC, SEC, FDIC); there are no classified user reports yet. This page does not express an opinion; licence records come from official registers and reports from sourced records.
Which licences does Charles Schwab hold?
Licences verified in official registers: CFTC (United States) – NFA ID 0477394; SEC (United States) – SEC 8-16514 · CRD 5393; FDIC (United States) – FDIC Cert. 57450.
Are there complaints about Charles Schwab?
No classified user reports about Charles Schwab yet. Sources: Trustpilot, Şikayetvar, WikiFX, FastBull.
How can I file a complaint about Charles Schwab?
Use the "File a Complaint" button on this page to open the form; the institution is preselected. Describe the issue, the date and attach any supporting documents. The complaint is reviewed by our team, published if eligible and forwarded to the institution; with the tracking link you receive, you can follow the process and the institution’s reply.
How is the information about Charles Schwab verified and when was it last checked?
Licence records are checked against official registers (last verification 09.11.2026). Complaint records are re-scanned every month on Trustpilot, Şikayetvar, WikiFX, FastBull. The institution’s details were last checked on 09.11.2026.
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