Does Schwab charge for day trading? Schwab charges nothing for trades of U.S.-listed equities, ETFs, and closed-end funds. We do emphasize “U.S.-listed” here because trades of foreign stocks carry commissions, and these can be quite steep in some cases. OTC stocks cost $6.95 per trade, and this rate goes up to $50 for F-shares. november shwab takes over amertd