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Alpaca Trading's service is on par with Charles Schwab's and a comparison of their fees shows that Alpaca Trading's fees are slightly lower than Charles Schwab's.
Account opening takes about the same effort at Alpaca Trading compared to Charles Schwab, deposit and withdrawal processes are somewhat more complicated at Alpaca Trading, while customer service quality is lower than Charles Schwab's.
Our experts rated the trading platform of Alpaca Trading as being of the same quality as the platform of Charles Schwab, found that clients have access to slightly less markets and products with Alpaca Trading, while Charles Schwab provides just about the same quality of research and education.
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