Online brokers compared for fees, trading platforms, safety and more. See how Charles Schwab stacks up against IC Markets!
Last update of data—Aug 2022
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.
IC Markets is a global forex and CFD broker. The company is regulated by finanacial authorities globally, including the top-tier ASIC.
Recommended for investors and traders looking for solid research, low fees and great customer service.
Recommended for forex and CFD traders who value easy account opening and free deposit/withdrawal options.
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.
IC Markets
IC Markets is a global forex and CFD broker. The company is regulated by finanacial authorities globally, including the top-tier ASIC.
Recommended for forex and CFD traders who value easy account opening and free deposit/withdrawal options.
Charles Schwab's service is on par with IC Markets's and a comparison of their fees shows that Charles Schwab's fees are similar to IC Markets's.
Account opening takes somewhat more effort at Charles Schwab compared to IC Markets, deposit and withdrawal processes are considerably more complicated at Charles Schwab, while customer service quality is better than IC Markets's.
Our experts rated the trading platform of Charles Schwab as somewhat better than the platform of IC Markets, found that clients have access to slightly more markets and products with Charles Schwab, while IC Markets provides just about the same quality of 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.
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