Comparison Charles Schwab vs Vanguard

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Charles Schwab vs Vanguard. Is Charles Schwab or Vanguard a better online broker?

First of all, we’ll compare the commission fees of the two brokers. Charles Schwab has a commission fee of $4.95, and Vanguard has a commission fee of $7 per trade (first 25). Let’s analyze the commission fees on trading options. Charles Schwab has a commission fee of $4.95 + $0.65 per contract, Vanguard has a commission fee of $7+$1 per contract (first 25). You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Robo Advisor are provided to customers by Charles Schwab and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading are provided by Vanguard. Concerning the platforms, Charles Schwab uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Vanguard uses Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Charles Schwab was established in 1973 in United States, and it is regulated by SIPC. And Vanguard was established in 1975 in USA, and it is regulated by Various local Jurisdictions. We can withdraw funds from Charles Schwab with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. And Vanguard provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $10. The time for withdrawal in Charles Schwab is 5 days, and that one in Vanguard is 3 Business days.

As a result, the rating of Charles Schwab is 4.1 stars versus that of Vanguard of 3.9 stars.