Compare Charles Schwab vs XTB


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

Charles Schwab vs XTB
overall rating
4.9
4.7
overall pros
  • Free stock and ETF trading
  • Outstanding research
  • Great customer service
  • Low forex and stock index CFD fees
  • Free and fast deposit and withdrawal
  • Easy and fast account opening
overall cons
  • High fees for some mutual funds
  • Only US/Canada markets available
  • Poorly-structured educational platform
  • High fees for stock CFDs
  • Product portfolio limited mostly to CFDs and FX
  • Limited fundamental data
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
4.1
  • Low forex fees
  • Low stock index CFD fees
  • No withdrawal fee for transfers above $100
  • High stock CFD fees
  • Inactivity fee
account opening
4.5
  • Fast
  • Fully digital
  • No minimum deposit
  • $25,000 minimum deposit for non-US clients
5.0
  • Fast
  • Fully digital
  • No minimum deposit
deposit and withdrawal
2.2
  • No deposit fee
  • User-friendly
  • High fee for wire (bank transfer) withdrawals
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few minor account currencies accepted
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Price alerts
  • Limited customizability (for charts, workspace)
4.4
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
mobile trading platform
4.2
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No price alerts
4.4
  • User-friendly
  • Price alerts
  • Modern design
  • No two-step (safer) login
desktop trading platform
4.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Only for Windows
4.4
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • No two-step (safer) login
markets and products
3.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
2.8
  • Stock
  • ETF
  • Forex
  • CFD
  • Crypto
  • Real stocks and ETFs (only for some European clients)
research
4.3
  • Good interactive chart
  • Data on asset fundamentals
  • Trading ideas for stocks and ETFs
  • Hard to navigate among research tools
3.8
  • Good interactive chart
  • Quality news flow
  • User-friendly
  • Limited fundamental data
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No email support
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
3.0
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Not well-structured
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
  • Listed on stock exchange
  • Negative balance protection
  • Some clients regulated by top-tier FCA
  • Does not hold a banking license
recommended for Investors and traders looking for solid research, low fees and great customer service Forex and CFD traders looking for low fees and great deposit/withdrawal service
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