Schwab received a 4.5 out of 5-star ranking and placed 4th among all online brokers.

^{StockBrokers.com: “2022 Online Broker Review” published January 11, 2022. Participation in the review is voluntary; a total of 15 online brokers participated in the 2022 review. The Online Broker Review assesses participating online brokers on 205 variables across nine categories: Customer Service, Commissions & Fees, Research, Platforms & Tools, Mobile Trading Apps, Offering of Investments, Education, Ease of Use, and Overall. Star ratings are out of five possible stars and are based on a calculation that combines the variable assessment with an opinion score from 1–10 with 10 being “very good” in StockBrokers.com’s opinion. Best in Class are online brokers who have placed within the Top 5 for a category. Industry Awards are awarded based on the opinions of StockBrokers.com’s research team. Read our 2022 Review. For further information on how the ratings were calculated, see StockBrokers.com’s “How We Test.”}