Online brokers compared for fees, trading platforms, safety and more. See how Charles Schwab stacks up against Interactive Investor!
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.
Interactive Investor is a UK-based investment service provider. It is regulated by the top-tier FCA.
Recommended for investors and traders looking for solid research, low fees and great customer service.
Recommended for beginners and investors focusing on the UK market.
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.
Interactive Investor
Interactive Investor is a UK-based investment service provider. It is regulated by the top-tier FCA.
Recommended for beginners and investors focusing on the UK market.
Charles Schwab's service is on par with Interactive Investor's and a comparison of their fees shows that Charles Schwab's fees are slightly lower than Interactive Investor's.
Account opening takes somewhat more effort at Charles Schwab compared to Interactive Investor, deposit and withdrawal processes are more complicated at Charles Schwab, while customer service quality is better than Interactive Investor's.
Our experts rated the trading platform of Charles Schwab as being of the same quality as the platform of Interactive Investor, found that clients have access to about the same number of markets and products with Charles Schwab, while Interactive Investor provides less useful 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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