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Comparison 24option vs Charles Schwab

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare 24option vs Charles Schwab. Which of them: 24option or Charles Schwab a better online broker?

First of all, we’ll compare the commission fees of the two brokers. Let’s analyze the commission fees on trading options. 24option has a commission fee of €10 fee per month, Charles Schwab has a commission fee of $4.95 + $0.65 per contract. The full online broker reviews contains more detailed information on the brokers’ commission fees.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are 24option provides customers with Stocks Trading, Forex Trading, Crypto Trading, and Charles Schwab provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Robo Advisor. As for platforms, 24option offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Charles Schwab offers Desktop Platform (Windows), Desktop Platform (MacOS), 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. 24option was established in 2009 in Cyprus, and it is regulated by CySEC, IFSC. And Charles Schwab was established in 1973 in United States, and it is regulated by SIPC. Withdrawal of funds from 24option can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $35. And Charles Schwab provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. The time for withdrawal in 24option is 5 - 10 business days, and that one in Charles Schwab is 5 days.

As a result, the rating of 24option is 3.9 stars versus that of Charles Schwab of 4.1 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
24option
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Charles Schwab
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
24option
Stock
N/A
ETFs
N/A
Options
€10 fee per month
Mutual Funds
N/A
Bonds
N/A
Charles Schwab
Stock
$4.95
ETFs
$29.85
Options
$4.95 + $0.65 per contract
Mutual Funds
$49.95
Bonds
$1

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
Robo Advisor
24option
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
Robo Advisor
Charles Schwab
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
24option
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Charles Schwab
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

Tools
Research & Analysis
Education
Demo account
24option
Research & Analysis
Education
Demo account
Charles Schwab
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
24option
Android App
iOS App
Charles Schwab
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
24option
Minimum deposit
$250
Bank Wire
Visa/Mastercard
Charles Schwab
Minimum deposit
$0
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
24option
Bank Wire
Visa/Mastercard
Withdrawal Time
5 - 10 business days
Withdrawal Fee
$35
Charles Schwab
Bank Wire
Visa/Mastercard
Withdrawal Time
5 days
Withdrawal Fee
$0

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
24option
Сountry of Origin
Cyprus
Year Founded
2009
Regulated By
CySEC, IFSC
Charles Schwab
Сountry of Origin
United States
Year Founded
1973
Regulated By
SIPC

Customer Service

Customer Service
Phone
Email
Live Chat
 
24option
Phone
+44 161 960 0200
Email
info.int@24option.com
Live Chat
Yes
Charles Schwab
Phone
1-877-853-1802
Email
Email form
Live Chat
Yes

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