Compare Charles Schwab vs EQi


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

Charles Schwab vs EQi
overall rating
4.8
3.6
overall pros
  • Free stock and ETF trading
  • Outstanding research
  • Great customer service
  • Quick and easy account opening
  • Free deposit and withdrawal
  • Low fund fees
overall cons
  • High fees for some mutual funds
  • Only US/Canada markets available
  • High non-UK stock trading fees
  • No quality educational tools
  • Only GBP as base currency
fees
4.4
  • Free stock/ETF trading
  • Some mutual funds and bonds are free
  • Low non-trading fees
  • High fees for non-free mutual funds
1.3
  • No withdrawal fee
  • High trading fees
  • High non-UK stock fees
  • Custody fee
account opening
4.4
  • Fast
  • Fully digital
  • No minimum deposit
  • $25,000 minimum deposit for non-US clients
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only for UK residents
deposit and withdrawal
2.2
  • No deposit fee
  • User-friendly
  • High fee for wire (bank transfer) withdrawals
3.8
  • Credit/Debit card available
  • Free withdrawal
  • Only one account base currency
  • Slow withdrawal - over 3 days
  • Electronic wallets not accepted
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Price alerts
  • Limited customizability (for charts, workspace)
2.7
  • Clear fee report
  • Order confirmation
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • No price alerts
mobile trading platform
4.2
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No price alerts
2.6
  • Two-step (safer) login
  • Order confirmation
  • No price alerts
  • No Touch/Face ID login
  • Limited functionality
desktop trading platform
4.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Only for Windows
markets and products
3.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
3.0
  • Stock
  • ETF
  • Fund
  • Bond
research
4.3
  • Good interactive chart
  • Data on asset fundamentals
  • Trading ideas for stocks and ETFs
  • Hard to navigate among research tools
1.3
  • Data on asset fundamentals
  • Limited interactive charting
  • No/poor quality news flow
  • No/limited set of analytic tools
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No email support
2.9
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
  • Slow support
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Not well-structured
0.5
  • Educational articles
  • No demo account
  • No trading platform tutorial videos
  • No educational videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Listed on stock exchange
  • Does not hold a banking license
recommended for Investors and traders looking for solid research, low fees and great customer service Long-term investors in the UK
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