Compare Charles Schwab vs eToro

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

Charles Schwab vs eToro
open account	Visit broker	Visit broker 66% of retail CFD accounts lose money
overall rating	4.6 / 5.0	4.5 / 5.0
overall pros	Outstanding research Low fees Great customer service	Free stock and ETF trading in the EU Seamless account opening Social trading experience
overall cons	No credit/debit cards and electronic wallets for money transfer Only US markets covered Not well-structured education	Poor customer service Trading platform outages Limited educational tools
fees	4 stars Low trading fees No inactivity fee Some ETFs, bonds, and mutual funds are free High financing rate High fees for mutual funds	4 stars Free stock and ETF trading in the EU Low fees for non-EU clients Transparent fee structure High financing rate $25 withdrawal fee $10 monthly inactivity fee
account opening	5 stars Fast account opening Fully digital account opening No minimum account balance For non-US clients $25,000 minimum	5 stars Fast account opening No minimum account balance User-friendly
deposit and withdrawal	2 stars No deposit fee User-friendly Credit/Debit card deposit and withdrawal not available Only one account base currency High fee for wire withdrawals	4 stars Credit/Debit card deposit and withdrawal No deposit fee User-friendly High withdrawal fee Only one account base currency
web trading platform	4 stars User-friendly Clear fee report Price alerts No two-step (safe) login Limited customizability (for charts, workspace)	4 stars User-friendly Looks nice Social trading No clear fee report available Cannot be customized
mobile trading platform	4 stars User-friendly Looks nice No two-step (safe) login No price alerts	5 stars User-friendly Two-step (safe) login Looks nice
desktop trading platform	4 stars Clear fee report Good customizability (for charts, workspace) Good variety of order types No two-step (safe) login Only for Windows	-
markets and products	3 stars Stock ETF Fund Bond Options Futures	3 stars Stock ETF CFD Crypto
research	5 stars Good interactive chart Data on asset fundamentals Trading ideas for stock and ETF Hard to navigate	4 stars Good interactive chart User-friendly Analyst recommendation Limited fundamental data Limited news flow
customer service	4 stars Live chat Relevant answers 24/7 availability No email support	2 stars Professional tone No phone support No live chat
education	3 stars Trading platform tutorial videos Educational videos Good production quality No demo account Not well-structured	3 stars Demo account Intro guide to the platform No educational videos
safety	Regulated by top tier financial authority High level of investor protection Banking background No negative balance protection	Regulated by top tier financial authority Negative balance protection Well-known fintech startup Does not hold a banking license Not listed on stock exchange Limited disclosed financial information
recommended for	Investors and traders looking for solid research, low fees, and great customer service	Traders and those interested in social trading (copying other traders’ trades)

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