Charles Schwab
moomoo
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Investors and traders looking for solid research, low fees and great customer service
Recommended for Investors and traders looking for zero-commission trading and focusing on US markets.
USA
USA
Fees
Low trading and non-trading fees, high fund fees
Low trading and non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
1
Deposit type
Withdrawal type
Account opening
$0
$0
1 day
1-3 days
Proof of identity: SSN and national ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: social security number Proof of residency: bank statement / utility bill / rental statement
Trading platform
Markets and products
Research, education
Great
Great
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
$500,000 (securities up to $500,000, cash up to $250,000)
1971
2018
USA, UK, Hong Kong, Singapore
USA, Singapore
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
Charles Schwab's service is on par with moomoo's and a comparison of their fees shows that Charles Schwab's fees are slightly higher than moomoo's.
Account opening takes about the same effort at Charles Schwab compared to moomoo, deposit and withdrawal processes are about the same quality at Charles Schwab, while customer service quality is similar to moomoo's.
Our experts rated the trading platform of Charles Schwab as being of the same quality as the platform of moomoo, found that clients have access to slightly more markets and products with Charles Schwab, while moomoo provides somewhat better research and education.