Charles Schwab
Webull
Basic data of broker
Recommended for Investors and traders looking for solid research, low fees and great customer service
Recommended for Investors and traders looking for zero-commission trading and easy platforms
Best broker for IPO
USA
USA, Hong Kong and Macao
Fees
Low trading and non-trading fees, high fund fees
Commission-free stock and ETF trading, low non-trading 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
1
Deposit type
Withdrawal type
Account opening
$0
$0
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: SSN / passport / national ID card / driver's license/tax identification number
Trading platform
Markets and products
Research, education
Great
Great
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
$500,000 (securities up to $500,000, cash up to $250,000) for US customers, and HKD 500,000 for securities and HKD 0 for cash in Hong Kong and China
1971
2017
USA, UK, Hong Kong, Singapore
USA, Hong Kong
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 on par with Webull's and a comparison of their fees shows that Charles Schwab's fees are slightly higher than Webull's.
Account opening takes somewhat more effort at Charles Schwab compared to Webull, deposit and withdrawal processes are about the same quality at Charles Schwab, while customer service quality is better than Webull's.
Our experts rated the trading platform of Charles Schwab as somewhat worse than the platform of Webull, found that clients have access to about the same number of markets and products with Charles Schwab, while Webull provides just about the same quality of research and education.