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
open account	Visit broker	Visit broker 76% of retail CFD accounts lose money
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
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 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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