Compare Charles Schwab vs TradeStation Global


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

Charles Schwab vs TradeStation Global
overall rating
4.9
4.6
overall pros
  • Free stock and ETF trading
  • Outstanding research
  • Great customer service
  • Low trading fees
  • Wide range of products
  • Fast customer service
overall cons
  • High fees for some mutual funds
  • Only US/Canada markets available
  • Poorly-structured educational platform
  • Only bank transfer allowed for deposit and withdrawal
  • Complicated account opening
  • Limited education materials
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 trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High fund fees
account opening
4.5
  • Fast
  • Fully digital
  • No minimum deposit
  • $25,000 minimum deposit for non-US clients
2.8
  • Fast
  • Fully digital
  • $1,000 minimum deposit required for desktop platform
  • Not user-friendly
deposit and withdrawal
2.2
  • No deposit fee
  • User-friendly
  • High fee for wire (bank transfer) withdrawals
2.5
  • No deposit fee
  • Several account base currencies
  • No charge for the first withdrawal each month.
  • Credit/Debit card not available
  • Not user-friendly
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Price alerts
  • Limited customizability (for charts, workspace)
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.2
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No price alerts
3.5
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
desktop trading platform
4.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Only for Windows
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Overly complicated installation
markets and products
3.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
research
4.3
  • Good interactive chart
  • Data on asset fundamentals
  • Trading ideas for stocks and ETFs
  • Hard to navigate among research tools
4.5
  • Good interactive chart
  • Trading ideas
  • Good set of analytical tools
  • Limited fundamental data
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No email support
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
3.0
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Not well-structured
1.8
  • Trading platform tutorial
  • No 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
  • High level of investor protection
  • Does not hold a banking license
recommended for Investors and traders looking for solid research, low fees and great customer service Traders and investors looking for low fees and a wide selection of products
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