Compare Barclays vs Charles Schwab


Online brokers compared for fees, trading platforms, safety and more. See how Barclays stacks up against Charles Schwab!

Barclays vs Charles Schwab
overall rating
4.3
4.8
overall pros
  • Low fees
  • Solid company background
  • Great fundamental research
  • Free stock and ETF trading
  • Outstanding research
  • Great customer service
overall cons
  • Limited to UK products
  • Current bank account is needed for mobile platform
  • Slow customer support
  • High fees for some mutual funds
  • Only US/Canada markets available
  • Poorly-structured educational platform
fees
4.3
  • Low stock, ETF, fund, and bond fees
  • No withdrawal fee
  • No inactivity fee
  • Volume-based monthly customer fee
4.4
  • Free stock/ETF trading
  • Some mutual funds and bonds are free
  • Low non-trading fees
  • High fees for non-free mutual funds
account opening
3.8
  • Fully digital
  • No minimum deposit
  • Slow
  • Account opening only for UK residents
4.4
  • Fast
  • Fully digital
  • No minimum deposit
  • $25,000 minimum deposit for non-US clients
deposit and withdrawal
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Missing electronic wallets
2.2
  • No deposit fee
  • User-friendly
  • High fee for wire (bank transfer) withdrawals
web trading platform
3.4
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
4.3
  • User-friendly
  • Clear fee report
  • Price alerts
  • Limited customizability (for charts, workspace)
mobile trading platform
4.2
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No price alerts
desktop trading platform
4.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Only for Windows
markets and products
1.4
  • Stock
  • ETF
  • Fund
  • Bond
3.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
4.3
  • Good interactive chart
  • Data on asset fundamentals
  • Trading ideas for stocks and ETFs
  • Hard to navigate among research tools
customer service
2.5
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
  • Slow support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No email support
education
1.5
  • Educational videos
  • Quality educational articles
  • No demo account
  • No trading platform tutorial videos
  • No webinars
3.0
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Not well-structured
  • High level of investor protection
  • Banking background
  • All clients belong to a top-tier financial authority
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Long-term investors looking for a broker with low fees and solid background Investors and traders looking for solid research, low fees and great customer service
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