Compare Charles Schwab vs Interactive Investor


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

Charles Schwab vs Interactive Investor
overall rating
4.8
4.6
overall pros
  • Free stock and ETF trading
  • Outstanding research
  • Great customer service
  • User-friendly web trading platform
  • Fast and easy deposit and withdrawal
  • Great customer service
overall cons
  • High fees for some mutual funds
  • Only US/Canada markets available
  • Poorly-structured educational platform
  • Limited product portfolio
  • Basic charting and analytic tools
  • Monthly account fee
fees
4.4
  • Free stock/ETF trading
  • Some mutual funds and bonds are free
  • Low non-trading fees
  • High fees for non-free mutual funds
3.3
  • Low fund fees
  • Regular investments are free
  • Monthly account fee
account opening
4.4
  • Fast
  • Fully digital
  • No minimum deposit
  • $25,000 minimum deposit for non-US clients
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only UK residents accepted
deposit and withdrawal
2.2
  • No deposit fee
  • User-friendly
  • High fee for wire (bank transfer) withdrawals
3.8
  • Credit/Debit card available
  • No deposit fee
  • Free withdrawal in GBP or EUR
  • No credit/Debit card withdrawal
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Price alerts
  • Limited customizability (for charts, workspace)
3.8
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.2
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No price alerts
2.6
  • Good search function
  • Touch/Face ID login
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
desktop trading platform
4.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Only for Windows
markets and products
3.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
3.0
  • Stock
  • ETF
  • Fund
  • Bond
research
4.3
  • Good interactive chart
  • Data on asset fundamentals
  • Trading ideas for stocks and ETFs
  • Hard to navigate among research tools
3.0
  • Trading ideas
  • User-friendly
  • Technical Insights for some stocks
  • Limited interactive charting
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No email support
3.9
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
3.0
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Not well-structured
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Investors and traders looking for solid research, low fees and great customer service Beginners and investors focusing on the UK market
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