Charles Schwab opens US investing platform to UK

Managed Account Select service

Elliot Gulliver-Needham
clock • 1 min read

Charles Schwab has opened its US investment platform to all UK investors, after previously requiring a $25,000 minimum to use the platform.

UK investors can now use the firm's platform to buy and sell US equities, bonds, and options, with no commissions or service fees. The firm currently has 33.6 million active brokerage accounts, and said it was expanding the service to reach a new potential customer base. Charles Schwab has also launched a Managed Account Select service, offering a range of pre-designed investment strategies for a managed account, such as balanced and large cap value, international growth, or fixed income. US GDP rises higher than expectations Richard Flynn, UK managing director at the firm, ...

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