
The traditional online broker is cutting commissions from $4.95 per trade to zero. Charles Schwab is under pressure from newer firms like Robinhood, which are app-based and target younger customers.
(Image credit: Joe Raedle/Getty Images)

The traditional online broker is cutting commissions from $4.95 per trade to zero. Charles Schwab is under pressure from newer firms like Robinhood, which are app-based and target younger customers.
(Image credit: Joe Raedle/Getty Images)