Charles Schwab
VT Markets
Basic data of broker
Recommended for Investors and traders looking for solid research, low fees and great customer service
Recommended for Forex traders familiar with the MetaTrader trading platforms
USA
Australia
Fees
Low trading and non-trading fees, high fund fees
Low forex fees, but high CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
5
Deposit type
Withdrawal type
Account opening
$0
$200
1 day
1 day
Proof of identity: SSN and national ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: passport, national ID Proof of residency: utility bill, bank statement, residence certificate
Trading platform
Markets and products
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Mid-range
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
No protection
1971
2016
USA, UK, Hong Kong, Singapore
Cayman Islands, Australia
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Charles Schwab's service is slightly better than VT Markets's and a comparison of their fees shows that Charles Schwab's fees are slightly lower than VT Markets's.
Account opening takes somewhat more effort at Charles Schwab compared to VT Markets, deposit and withdrawal processes are more complicated at Charles Schwab, while customer service quality is similar to VT Markets's.
Our experts rated the trading platform of Charles Schwab as somewhat better than the platform of VT Markets, found that clients have access to more markets and products with Charles Schwab, while VT Markets provides just about the same quality of research and education.
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