Basic data of broker
Recommended for Investors and traders looking for solid research, low fees and great customer service
Recommended for Day traders focusing on futures and technical trading
USA
USA
Fees
Low trading and non-trading fees, high fund fees
Low trading, but high 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
$500
1 day
>3 days
Proof of identity: SSN and national ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement
Trading platform
Markets and products
Research, education
Great
Great
Customer service
Security
$500k (securities up to $500k, cash up to $250k)
No investor protection
$500k (securities up to $500k, cash up to $250k)
No investor protection
1971
2005
USA, UK, Hong Kong, Singapore
USA
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.
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 slightly better than Optimus Futures's and a comparison of their fees shows that Charles Schwab's fees are slightly higher than Optimus Futures's.
Account opening takes less effort at Charles Schwab compared to Optimus Futures, deposit and withdrawal processes are somewhat easier at Charles Schwab, while customer service quality is similar to Optimus Futures's.
Our experts rated the trading platform of Charles Schwab as somewhat better than the platform of Optimus Futures, found that clients have access to more markets and products with Charles Schwab, while Optimus Futures provides just about the same quality of research and education.
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