Compare Charles Schwab vs TD Ameritrade

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

Charles Schwab vs TD Ameritrade	‹ XTB vs TD Ameritrade › eToro vs TD Ameritrade	‹ XTB vs Charles Schwab › eToro vs Charles Schwab
open account	Visit broker	Visit broker
overall rating	4.7	4.7
overall pros	Free stock and ETF trading Outstanding research Great customer service	Low trading fees (free stock and ETF trading) Superb desktop trading platform Great customer support
overall cons	High fees for some mutual funds Only US/Canada markets available	You can trade only on US markets Accounts mostly limited to US residents No credit/debit cards and electronic wallets for money transfer
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	4.3 Low trading fees Low non-trading fees Free stocks and ETFs High fund fees
account opening	4.3 Fast Fully digital No minimum deposit $25,000 minimum deposit for non-US clients	3.7 Fully digital No minimum deposit Many account types
deposit and withdrawal	2.2 No deposit fee User-friendly High fee for wire (bank transfer) withdrawals	1.9 Free withdrawal No deposit fee User-friendly Credit/Debit card not available Only one account base currency High withdrawal fee for wire transfers
web trading platform	4.3 User-friendly Clear fee report Price alerts Limited customizability (for charts, workspace)	4.3 User-friendly Two-step (safer) login Good variety of order types Limited customizability (for charts, workspace)
mobile trading platform	4.2 User-friendly Touch/Face ID login Order confirmation No price alerts	4.8 User-friendly Two-step (safer) login Good variety of order types
desktop trading platform	4.0 Clear fee report Good customizability (for charts, workspace) Good variety of order types Only for Windows	4.5 User-friendly Good customizability (for charts, workspace) Good variety of order types Trading support functions Great learning materials No two-step (safer) login
markets and products	3.0 Stock ETF Fund Bond Options Futures	3.7 Stock ETF Forex Fund Bond Options Futures Crypto
research	4.2 Good interactive chart Data on asset fundamentals Trading ideas for stocks and ETFs Hard to navigate among research tools	4.7 Good interactive chart Trading ideas Data on asset fundamentals
customer service	5.0 Phone support Live chat Fast response time	4.0 Phone support Live chat Fast response time
education	4.5 Demo account Trading platform tutorial Educational videos Not well-structured	5.0 Demo account Trading platform tutorial Educational videos
safety	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 Banking background No negative balance protection
recommended for	Investors and traders looking for solid research, low fees and great customer service	Investors and traders looking for solid research and a well-equipped desktop trading platform

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