What are Schwab transaction fees?

BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the diverse needs of investors in the digital asset space. Among these services are spot trading, which allows investors to buy and sell cryptocurrencies at the current market price, and futures trading, which enables investors to speculate on the future price movements of cryptocurrencies.

When trading online with Schwab Funds or any fund in the Mutual Fund OneSource service, investors can expect to pay a fee that is directly related to the principal amount of the trade. This fee structure is designed to ensure that trading costs remain fair and transparent.

For trades where the principal amount does not exceed a certain threshold, the transaction fee is capped at a specific percentage of the principal. Specifically, the per-trade transaction fees do not exceed 8.5% of the principal, providing investors with a clear understanding of their costs upfront.

However, this fee structure also includes a maximum cap on the transaction fee itself. Regardless of the size of the trade, the fee will not exceed $74.95. This cap provides investors with peace of mind, knowing that their costs will not escalate beyond a predetermined limit.

Furthermore, for trades where the principal amount is below $100, investors are exempt from paying any transaction fees. This exemption applies to both Schwab Funds and funds participating in the Mutual Fund OneSource service, making it an attractive option for investors looking to make smaller trades.