Compare Charles Schwab vs Spreadex


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

Charles Schwab vs Spreadex
overall rating
4.8
4.3
overall pros
  • Free stock and ETF trading
  • Outstanding research
  • Great customer service
  • Low forex fees
  • Good web platform
  • Helpful customer service
overall cons
  • High fees for some mutual funds
  • Only US/Canada markets available
  • Poorly-structured educational platform
  • Thin product selection
  • No desktop platform
  • Limited research and education tools
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
4.0
  • Low forex fees
  • No inactivity fee
  • High stock index CFD fees
account opening
4.4
  • Fast
  • Fully digital
  • No minimum deposit
  • $25,000 minimum deposit for non-US clients
4.4
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Slower-than-average account verification
deposit and withdrawal
2.2
  • No deposit fee
  • User-friendly
  • High fee for wire (bank transfer) withdrawals
4.3
  • Credit/Debit card available
  • No deposit fee
  • Free withdrawal in most cases
  • Average account currency selection
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Price alerts
  • Limited customizability (for charts, workspace)
4.4
  • User-friendly
  • Clear fee report
  • Good search function
  • Guaranteed stop
  • No two-step (safer) login
  • Available only in English
mobile trading platform
4.2
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No price alerts
4.4
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
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
1.7
  • Forex
  • CFD
research
4.3
  • Good interactive chart
  • Data on asset fundamentals
  • Trading ideas for stocks and ETFs
  • Hard to navigate among research tools
1.9
  • Good financial/trading blog
  • No trading ideas
  • No/limited set of analytic tools
  • Limited fundamental data
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No email support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
3.0
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Not well-structured
1.3
  • Trading platform tutorial
  • No demo account
  • No educational videos
  • No webinars
  • 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
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Investors and traders looking for solid research, low fees and great customer service Forex and CFD traders looking for low fees and great deposit/withdrawal options
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