Compare Charles Schwab vs Swissquote


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

Charles Schwab vs Swissquote
overall rating
4.8
4.5
overall pros
  • Free stock and ETF trading
  • Outstanding research
  • Great customer service
  • Access to many markets and products
  • No inactivity fee
  • Rock-solid background
overall cons
  • High fees for some mutual funds
  • Only US/Canada markets available
  • Poorly-structured educational platform
  • High trading fees
  • Confusing trading platform selection
  • Some research tools are not free
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
1.6
  • Low fund fees
  • No inactivity fee
  • High stock and ETF fees
  • High forex fees
  • High bond fees
account opening
4.4
  • Fast
  • Fully digital
  • No minimum deposit
  • $25,000 minimum deposit for non-US clients
4.0
  • Fully digital
  • No minimum deposit for trading account
  • Long wait times
  • Forex and robo-advisor accounts have high minimum
deposit and withdrawal
2.2
  • No deposit fee
  • User-friendly
  • High fee for wire (bank transfer) withdrawals
4.1
  • Credit/Debit card available
  • Several account base currencies
  • Swiss entity charges withdrawal and deposit fees
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Price alerts
  • Limited customizability (for charts, workspace)
4.3
  • Clear fee report
  • Two-step (safer) login
  • Good search function
  • Easy to get lost among functions
mobile trading platform
4.2
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No price alerts
4.7
  • User-friendly
  • Good search function
  • Price alerts
  • No advanced search filters
desktop trading platform
4.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Only for Windows
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
3.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Themes trading
  • Robo-advisory
research
4.3
  • Good interactive chart
  • Data on asset fundamentals
  • Trading ideas for stocks and ETFs
  • Hard to navigate among research tools
3.3
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • Limited fundamental data
  • Recommendations are not structured
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No email support
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Email answers are not always relevant
education
3.0
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Not well-structured
5.0
  • 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
  • Banking background
  • Listed on stock exchange
recommended for Investors and traders looking for solid research, low fees and great customer service Affluent investors who value safety and are OK with higher fees
×