Online brokers compared for fees, trading platforms, safety and more. See how Charles Schwab stacks up against E*TRADE!
Last update of data—Dec 2021
Charles Schwab is a US discount broker, regulated by top-tier US authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and holds a banking license.
E*TRADE is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background.
Recommended for investors and traders looking for solid research, low fees and great customer service.
Recommended for investors and traders looking for solid research and a great mobile trading platform.
Charles Schwab
Charles Schwab is a US discount broker, regulated by top-tier US authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and holds a banking license.
Recommended for investors and traders looking for solid research, low fees and great customer service.
E*TRADE
E*TRADE is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background.
Recommended for investors and traders looking for solid research and a great mobile trading platform.
Charles Schwab's service is on par with E*TRADE's and a comparison of their fees shows that Charles Schwab's fees are similar to E*TRADE's.
Account opening takes about the same effort at Charles Schwab compared to E*TRADE, deposit and withdrawal processes are about the same quality at Charles Schwab, while customer service quality is better than E*TRADE's.
Our experts rated the trading platform of Charles Schwab as somewhat worse than the platform of E*TRADE, found that clients have access to about the same number of markets and products with Charles Schwab, while E*TRADE provides somewhat better research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Brokers displayed might not be available in United States.
More alternatives to Charles Schwab and E*TRADE