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Charles Schwab's service is slightly better than Royal's and a comparison of their fees shows that Charles Schwab's fees are lower than Royal's.
Account opening takes about the same effort at Charles Schwab compared to Royal, deposit and withdrawal processes are considerably more complicated at Charles Schwab, while customer service quality is much better than Royal's.
Our experts rated the trading platform of Charles Schwab as somewhat better than the platform of Royal, found that clients have access to slightly more markets and products with Charles Schwab, while Royal provides just about the same quality of research and education.