website thubmnail of Charles Schwab
How would you rate Charles Schwab?
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Canada
1 review
0 helpful votes
Follow Regina V.
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Be scared!
April 10, 2025

This crypto company keeps getting worse and worse be scared of such platforms they are just proper scam best you avoid them instead of falling prey if you already you can always try out Urfa. Io might just be able to help who knows

Date of experience: February 28, 2025
Bulgaria
1 review
0 helpful votes
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I trusted Charles Schwab with my investments, believing they were a reputable financial institution. Everything seemed fine until I tried to access my funds. Suddenly, my account was restricted without any clear explanation, and customer service was no help at all. I was passed around from one representative to another, with no real answers or solutions. It was beyond frustrating, and I felt completely helpless. Thankfully, Zelrith LLP stepped in and took control of the situation. Their professionalism and expertise, just like the firm shown in the image, gave me confidence that I was finally in the right hands. Thanks to them, I was able to recover my money. I couldn't be more grateful for their help!

Date of experience: December 30, 2024
Canada
1 review
0 helpful votes
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Crazy how few weeks back i was so devastated after how much i lost using Schwab crazy how just how just coming on Sitejabber to check out a company can change ur life the recommendation to check out Urfa. Io was very positive never felt more hopeful in my life there's so much to look forward to from here

Date of experience: January 22, 2025
California
1 review
0 helpful votes
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I have had an extremely disappointing experience with Charles Schwab as a financial institution. Despite having two-factor authentication enabled on my account—which requires a verification code via text message for login—someone accessed my account without authorization on November 11 and sold my stock. Alarmingly, I did not receive the required verification code during this incident.

When I reached out to customer support, their response was deeply unsatisfactory. The representatives insisted that I had initiated the stock sale myself. However, when I questioned them about the missing verification code, they failed to provide a clear or adequate explanation.

This is a significant issue, as it involves a substantial amount of money. I request that Charles Schwab restore my stock position within my account immediately.Charles Schwab has been an extremely disappointing experience for me as a financial institution. Despite having two-factor authentication enabled on my account—which requires a verification code via text message for login—someone accessed my account without authorization on November 11 and sold my stock. Alarmingly, I did not receive the required verification code during this incident.
When I reached out to customer support, their response was deeply unsatisfactory. The representatives insisted that I had initiated the stock sale myself. However, when I questioned them about the missing verification code, they failed to provide a clear or adequate explanation.
This is a significant issue, as it involves a substantial amount of money. I request that Charles Schwab restore the position of my stock within my account immediately.

Date of experience: November 19, 2024
Pennsylvania
1 review
0 helpful votes
Follow Joseph D.
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Employees have no authority to do anything but read off a script. Five business days to transfer and have money-$12,000- available from linked TD bank account. Spent 15 minutes on the phone including an escalation to a manager, nothing could be done, no suggestions to freeze existing balances, put the balance on a credit card, switch to wire ---- nothing.
No sense whatsoever to try and accommodate a customer, only condescendingly repeat
How they do things. Better customer service from a high school kid at an ice cream stand.

Date of experience: June 27, 2024
GB
11 reviews
8 helpful votes
Follow Oleg C.
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The best US bank I ever had account with
July 9, 2021

I have a debit card of Charles Schwab. Though I don't use their investment products, I am 100 percent satisfied with my account and service provided by the bank. When I lost my card while being abroad they have sent me a new one with no charge to the foreign address at the other side of the world. They always pick up the phone with a human helper unlike other banks. I recommend this bank to everyone. Before that, I had Wells Fargo, and run away from them.

Date of experience: July 8, 2021
Illinois
1 review
0 helpful votes
Follow Brian A.
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Charles Schwab was forced upon me when they purchased TDA and then destroyed the app and forced everyone to their relic of a website and poor quality app. Charles has more money than brains if he thought this was a good idea, he couldn't get new customers in the modern world so he bought them without their permission. Their customer service, website and apps is severally subpar and if you ever express your displeasure with the company their PR line is "I came from TDA and its an adjustment"... yea an adjustment to garbage. Schwab must have had no customer service before or its all a PR lie. Also this company is headquartered in Texas which their whole government wants to secede from the USA, and I'm very uneasy about having my assets held in a Texas company with Abbot as the governor. This merger should have never been allowed. As a previous customer of TDA I am way worse off now than I was.

Date of experience: June 11, 2024
Arizona
8 reviews
50 helpful votes
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Their updated trading platform is not user friendly and does not even feature interactive. For that you are considered an advanced user and must download their Schwab Market Edge Platform. I run Windows 10 with a Chrome Browser and I could not get it to function properly. Their local office in town is great but calling their 800# is pretty bad. I can't recommend this company for something serious as equity trading.

Date of experience: February 10, 2018
California
1 review
1 helpful vote
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So so site
July 15, 2020

I like the customer service aspect at Schwab as they have the best customer service reps. However, their option trade chain, or the idea of being a day trader does not bode too well. Their platform is not as smooth as expected, but again customer service excels here. I finally got setup but I find clicking on way too many things before I execute my trade. This can be troubling if the stock is moving rapidly and you're trying to catch the option trade on their chain. I would recommend Schwab for stock/long term portfolio but not for day trading options.

Date of experience: July 13, 2020
Illinois
1 review
0 helpful votes
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3x since December I have recorded my voice into their recognition system. Schwab claims it should take and work. It doesn't. Complained to CEO in writing, put his customer service advocate on it, It still does not work for me.

Date of experience: March 8, 2024

Overview

Charles Schwab has a rating of 1.5 stars from 28 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers dissatisfied with Charles Schwab most frequently mention and customer service. Charles Schwab ranks 87th among Brokerage sites.

service
18
value
14
shipping
5
returns
5
quality
14