Online brokers compared for fees, trading platforms, safety and more. See how Charles Schwab stacks up against IG!
Last update of data—Dec 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.
IG is a CFD and forex broker. It is listed on the London Stock Exchange and regulated by several authorities globally, including the top-tier FCA.
Recommended for investors and traders looking for solid research, low fees and great customer service.
Recommended for traders of any experience level looking for an easy-to-use 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.
IG
IG is a CFD and forex broker. It is listed on the London Stock Exchange and regulated by several authorities globally, including the top-tier FCA.
Recommended for traders of any experience level looking for an easy-to-use trading platform.
Charles Schwab's service is on par with IG's and a comparison of their fees shows that Charles Schwab's fees are slightly lower than IG's.
Account opening takes about the same effort at Charles Schwab compared to IG, deposit and withdrawal processes are more complicated at Charles Schwab, while customer service quality is somewhat better than IG's.
Our experts rated the trading platform of Charles Schwab as somewhat worse than the platform of IG, found that clients have access to less markets and products with Charles Schwab, while IG provides somewhat lower-quality 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.