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New Zealand residents investing in US shares and ETFs · Long-term investors using fractional shares, DRIP or auto-invest · Parents/guardians opening lower-cost Kids Accounts

Best suited for U.S.-centric investors and active traders who want a large, bank-affiliated multi-asset brokerage with $0 online listed stock/ETF commissions, strong platform dept…

DriveWealth is regulated in the US by FINRA and is a SIPC member; Hatch is a member of FSCL and complaints can also be made to the FMA.

SEC; FINRA; SIPC; CFTC; NFA; FDIC

Hatch Invest NZ Limited FSP1002151; NZBN 9429050041824

Charles Schwab & Co., Inc. CRD 5393; SEC 801-29938 and 8-16514

Hatch Invest NZ Limited; DriveWealth, LLC

Charles Schwab & Co., Inc.; Charles Schwab Futures and Forex LLC; Charles Schwab Bank, SSB; Charles Schwab Premier Bank, SSB

No leveraged CFD/forex or margin product was identified; cash brokerage accounts make negative balance protection not applicable rather than disclosed as a separate protection.

Not disclosed as retail brokerage negative balance protection; futures/forex are leveraged and losses may exceed initial investment.

SIPC protection via DriveWealth and FDIC bank sweep for uninvested cash.

SIPC protection up to $500,000 including a $250,000 cash limit for brokerage account assets; futures accounts are not protected by SIPC.

No minimum deposit amount; no minimum investment amount, with investing from as little as $1 USD mentioned on the pricing page.

$0 minimum for standard U.S. brokerage and IRA accounts; Schwab One International accounts require a minimum deposit but amount is not disclosed in checked official pages.

Hatch provides cash equity/ETF investing rather than spread-based CFD/forex trading; no trading spreads are advertised for brokerage.

Not applicable to this stock/ETF investment broker profile; no CFD/FX spread schedule identified as a core product in reviewed sources.

USD 3 stock/ETF brokerage up to 300 shares; tiered auto-invest; lower Kids Account fees.

stock_commission: $0 online commission for listed stocks and ETFs; OTC equities $6.95; broker-assisted service charge $25; etf_commission: $0 online commission for listed U.S.-exchange ETFs; options_commission: $0 online base commission plus $0.65 per options contract; futures_commission: $2.25 per contract, per side, for futures and futures options; exchange, regulatory, overnight, NFA, and market-data fees may apply; mutual_fund_commission: $0 on thousands of Schwab Mutual Fund OneSource funds; all other mutual funds up to $74.95 per purchase; bond_commission: New-issue bonds/CDs: $0 online/selling concession included; Treasuries online $0; most other secondary bonds $1 per bond with $10 minimum and $250 maximum; forex_commission: $0 commission; forex trade costs are reflected in the bid/ask spread

0.5% FX on NZD deposits; USD deposits have no Hatch fee.

$0 for funds entering a standard brokerage account; banking deposit services generally no monthly/account minimum fees, but certain services can have fees

0.5% FX; no hidden extra withdrawal fee.

No fee for routine withdrawals from standard brokerage per FAQ; full outbound ACAT $50 and outgoing wire $25; Schwab Bank Investor Checking has unlimited ATM fee rebates for cash withdrawals worldwide, subject to conditions.

No monthly fees or inactivity fees.

$0 annual maintenance/inactivity fee for standard brokerage accounts

Full and fractional shares in individual companies and ETFs listed on NYSE and Nasdaq.

Stocks; fractional shares; ETFs; mutual funds; bonds/CDs/fixed income; money market funds; options; futures; futures options; forex; international stocks/ADRs/foreign ordinaries; cash products; annuities; alternatives; crypto ETPs/securities/futures.

Hatch online/web platform and account portal; no separate third-party trading terminal advertised.

Schwab.com; Schwab Mobile; thinkorswim desktop; thinkorswim web; thinkorswim mobile; paperMoney

Individuals over 18, Kids Accounts through a parent/guardian, and family trusts are supported.

Individual Brokerage; Joint Brokerage; Schwab One Brokerage; Investor Checking-linked brokerage; Futures Account; Global Account; IRAs; custodial, education, trust, estate, organization, and business retirement accounts; Schwab Intelligent Portfolios.

First deposit must be NZD from a New Zealand bank account in the customer's name; later deposits may include USD and selected alternative services.

ACH/electronic transfer/MoneyLink; wire transfer; check/mail check; Schwab Mobile Deposit for checking; direct deposit for checking; account transfer/ACAT; branch/in-person deposit where available.

Withdrawals are currently only to NZ-registered banks; USD is exchanged to NZD and deposited into the customer's New Zealand bank account.

Transfer to linked bank/checking; wire transfer; check; ATM/debit card for Schwab Bank Investor Checking; ACAT outbound account transfer.

Typically 2-4 business days; allow up to a week in some cases.

Cash moved from brokerage to linked Investor Checking is generally available in seconds, but weekend/after-hours transfers may not be available until the next business day; other withdrawal methods vary/not fully disclosed on checked pages.