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Pricing/commission negotiation with Schwab for AUM >$1m

Discussion in 'Retail Brokers' started by tonyf, Sep 1, 2020.

qwerty11
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guru said:
You didn’t mention options originally.
I just found in options trading group on FB someone said they negotiated those down to $0.45, before Schwab even officially dropped the other commissions. Someone else said $0.50. Can’t post screenshots due to people’s names shown there.
But AUM usually doesn’t matter if you don’t trade a lot of options. Some people negotiate with $100K when trading a lot.
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On Reddit several people also mention this 50 cents:

#21 Sep 29, 2024

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