TD Ameritrade vs Charles Schwab compared

TD Ameritrade
Charles Schwab
Key differences
  • Research score
    5.0
    /5
  • Markets and products score
    3.8
    /5
  • Account opening score
    4.0
    /5
  • Research score
    4.3
    /5
  • Markets and products score
    3.1
    /5
  • Account opening score
    4.6
    /5
Recommended for
  • Beginners
  • Equity
  • Forex
  • CFD
  • Beginners
  • Equity
  • Forex
  • CFD
Fees
Fees score
US stock fee
EURUSD spread
US stock index options
S&P 500 CFD spread
Withdrawal fee
Deposit fee
Inactivity fee
Safety
Top-tier regulators
Foundation date
Investor protection
Deposit and Withdrawal
Minimum deposit
Credit/debit for deposit
Credit/debit for withdrawal
PayPal for deposit
Wise for deposit
Revolut for deposit
Other electronic wallets
Platform and Experience
Mobile platform score
Web platform score
Metatrader available
Customer service score
Account opening score

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.

TD Ameritrade's service is on par with Charles Schwab's and a comparison of their fees shows that TD Ameritrade's fees are similar to Charles Schwab's.

Account opening takes somewhat more effort at TD Ameritrade compared to Charles Schwab, deposit and withdrawal processes are about the same quality at TD Ameritrade, while customer service quality is similar to Charles Schwab's.

Our experts rated the trading platform of TD Ameritrade as somewhat better than the platform of Charles Schwab, found that clients have access to slightly more markets and products with TD Ameritrade, while Charles Schwab provides somewhat lower-quality research and education.

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