About Charles Schwab Europe

Charles Schwab Europe is part of the group of companies owned by the American Charles Schwab Corporation - Now providing stock broking systems as part of Barclays Bank PLC - Barclays Stockbrokers


They have more than 25 years experience in the U.S. and more than 12 years in the UK. The Corporation has earned the trust of more than seven million investors worldwide, providing quality services at greater value than traditional brokerage firms.

They aim to provide a complete execution-only service for private investors, offering the most useful and ethical financial services. They offer easy access to both the UK sterling and US dollar markets. They provide access to essential investment tools, research and information.

Sterling Accounts Available

Schwab Frequent Traders Club

A nominee dealing account designed for the more active private investors, benefiting from flat-rate dealing commission fees .

Schwab Market Master Account

A nominee dealing account designed for individuals who trade on an irregular basis or those who usually place deals below 2000 .

Schwab SIPP

A pension product designed to allow individuals to manage all, or part of their retirement portfolio in a tax efficient and tax effective manner .

Schwab ISAs

Tax efficient Individual Savings Account ideal for those customers wishing to save and invest .

Schwab PEPs

Tax efficient investment account for private investors .

Schwab Traded Options

A nominee dealing and portfolio administration account designed for more sophisticated private investors, enabling clients to buy and sell Equity and Index Options .

Schwab Investment Club

A nominee asset dealing and portfolio account for a group of private investors who wish to experience dealing on the stock market .

Schwab Corporate Account

A sterling nominee dealing and portfolio account for UK and Swiss based corporations.

Online Stockbroking Charges

Questions to consider if you are opening a share dealing account

Dealing costs The actual cost of placing an individual buy/sell order. There is stamp duty also at the prevailing rate but only on buys. Allways check that cheap dealing offers dont have high admin charges.

Admin charges Normally charged quarterly. When calculating real cost look at number of deals likely per year and then add in this admin cost.

Transfer costs Check costs to transfer in and out shares, share certificates and other charges must also be considered when evaluating costs.

Online or telephone dealing Nearly all brokers now offer some form of Online dealing with telephone as optional back-up. Some Online systems have some human interface and others are 100% automated.

Holding share certificates Outside of accounts avoids admin charges. Ok if you are likely to be a long term share holder (years not months).

Broker support How much info can the broker offer you? Will he offer advice and recommendations or is his service completely without support.

Broker speciality Information Some will offer Real-time share prices, trades information, news and feedback direct from the trading floor, live market data.