Charles Schwab clients can now buy and sell SOL in a Schwab Crypto account. Schwab switched on spot trading for SOL, AVAX and LINK on 9 November 2026, according to the company's own post on X and a press release distributed through Business Wire. The three tokens join bitcoin and ether, taking Schwab Crypto to five assets.
The launch delivers the plan Schwab announced on 27 August, when the broker said the tokens would arrive "in the coming months" without giving a date, as The Block reported at the time. For Solana SOL$87.52-2.5%, it means one of the largest US brokerages now lets its retail clients own the network's native token directly, next to their stocks and funds.
Schwab Crypto SOL trading: fee, platforms and pairs
Schwab Crypto clients trade SOL against the US dollar through a SOL/USD pair, with AVAX/USD and LINK/USD alongside it. Schwab charges 75 basis points (0.75%) on the dollar value of each trade, which the release describes as pricing "among the lowest in the industry." On a $1,000 purchase, that fee comes to $7.50.
Orders go through Schwab.com, the Schwab Mobile app and thinkorswim, Schwab's platform for active traders. The release also lists 24/7 customer support and educational material from the Schwab Center for Financial Research.
Joe Vietri, Schwab's head of digital assets, said in the release that the expansion gives clients more choice and flexibility in how they invest in digital assets alongside their other investments.
Who can trade SOL: New York and Louisiana exclusions, FDIC and SIPC status
Schwab Crypto accounts are available in every US state except New York and Louisiana, and not in US territories or outside the United States. The release adds that "not all clients will qualify." According to the release, the service opened in early access in May 2026 with bitcoin and ether and reached all eligible retail clients in October 2026, so the SOL launch lands on a platform that has been open to Schwab's full eligible retail base for about a month.
The accounts and the crypto products are offered by Charles Schwab Premier Bank, SSB, a Schwab bank subsidiary that is a Member FDIC. The release states plainly that this membership does not extend to the coins: crypto held in the account is not a deposit, is not FDIC insured or SIPC protected, is not guaranteed by any entity, and can lose its entire value. Cryptonomist's report on the launch carries the same fee, state exclusions and disclosures.
Spot SOL alongside 24/7 SOL futures on thinkorswim
Schwab clients have had a route to SOL price exposure since June 2026, when the broker added 24/7 SOL and Micro SOL futures to thinkorswim. Those are contracts that track the token's price. Spot trading works differently: the client owns SOL itself, held in the Schwab Crypto account.
The client base behind that access is large. Schwab reported total client assets of $13.33 trillion at 30 September 2026, up 15% from a year earlier, in its third-quarter earnings release filed with the SEC. Eligible Schwab clients can now reach SOL without opening an account at a crypto exchange.
SOL is not alone in the new batch. AVAX is the native token of Avalanche, another layer-1 blockchain, while LINK is the token of Chainlink, an oracle network that supplies outside data such as prices to blockchains. Schwab also joins a peer: Morgan Stanley's E*TRADE put SOL among the first three assets in the spot crypto pilot it launched in July, so two major US retail brokers now offer spot SOL inside their own accounts.
Next tokens after SOL, AVAX and LINK
Replying to a client on X who asked about other tokens on 9 November, Schwab wrote that it plans "to add additional cryptocurrencies over time based on client demand, evolution of the market, and our listing standards." The points to watch are which assets clear those standards next and whether New York and Louisiana residents gain access.
