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Charles Schwab's service is on par with Interactive Brokers's and a comparison of their fees shows that Charles Schwab's fees are similar to Interactive Brokers's.
Account opening takes less effort at Charles Schwab compared to Interactive Brokers, deposit and withdrawal processes are more complicated at Charles Schwab, while customer service quality is better than Interactive Brokers's.
Our experts rated the trading platform of Charles Schwab as being of the same quality as the platform of Interactive Brokers, found that clients have access to less markets and products with Charles Schwab, while Interactive Brokers provides somewhat better research and education.
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