Compare Charles Schwab vs Trading 212


Online brokers compared for fees, trading platforms, safety and more. See how Charles Schwab stacks up against Trading 212!

Charles Schwab vs Trading 212
overall rating
4.8
4.3
overall pros
  • Free stock and ETF trading
  • Outstanding research
  • Great customer service
  • Real stocks and ETFs are commission-free
  • Quick and easy account opening
  • Great trading platforms
overall cons
  • High fees for some mutual funds
  • Only US/Canada markets available
  • Poorly-structured educational platform
  • Limited product portfolio
  • Missing phone and live chat support
  • High forex fee
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
3.4
  • Free stock and ETF trading
  • Low CFD fees
  • No withdrawal and inactivity fee
  • High forex fees
  • High financing rate
account opening
4.4
  • Fast
  • Fully digital
  • No minimum deposit
  • $25,000 minimum deposit for non-US clients
4.5
  • Fast
  • Fully digital
  • No minimum deposit
  • Problems with verification
deposit and withdrawal
2.2
  • No deposit fee
  • User-friendly
  • High fee for wire (bank transfer) withdrawals
4.3
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few base currencies available in each country
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Price alerts
  • Limited customizability (for charts, workspace)
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
mobile trading platform
4.2
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No price alerts
4.9
  • User-friendly
  • Good search function
  • Price alerts
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
3.7
  • Stock
  • ETF
  • Forex
  • CFD
  • Crypto
research
4.3
  • Good interactive chart
  • Data on asset fundamentals
  • Trading ideas for stocks and ETFs
  • Hard to navigate among research tools
2.8
  • Good interactive chart
  • User-friendly
  • No fundamental data available
  • No/poor quality news flow
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No email support
1.0
  • Relevant answers
  • 24/7 availability
  • No live chat
  • No Phone support
education
3.0
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Not well-structured
4.0
  • Demo account
  • Trading platform tutorial
  • 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
  • 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 Active CFD and FX traders and investors looking for intuitive trading platforms
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