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Comparison Charles Schwab vs Plus500

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Charles Schwab vs Plus500. Is Charles Schwab or Plus500 a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. Charles Schwab has a commission fee of $4.95, and Plus500 has a commission fee of from 0.45%. When analyzing trading options, the commission fees of Charles Schwab is $4.95 + $0.65 per contract, and that one of Plus500 is from 2 pips. 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, Forex Trading, Futures Trading, Crypto Trading are provided by Plus500. As for platforms, Charles Schwab offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Plus500 offers 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 founded in 1973 in United States, and it is regulated by SIPC. And Plus500 was founded in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. We can withdraw funds from Charles Schwab with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. And Plus500 provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is £0. The withdrawal time for Charles Schwab is 5 days, and that one for Plus500 is 1-2 working days.

As a result, the rating of Charles Schwab is 4.1 stars versus that of Plus500 of 4 stars.

Overall Rating

 
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
Plus500
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Futures
Metals
Cryptocurrency
Charles Schwab
Stock
$4.95
ETFs
$29.85
Options
$4.95 + $0.65 per contract
Mutual Funds
$49.95
Bonds
$1
Forex Spreads
N/A
CFDs
N/A
Futures
N/A
Metals
N/A
Cryptocurrency
N/A
Plus500
Stock
From 0.45%
ETFs
From £0
Options
From 2 pips
Mutual Funds
-
Bonds
-
Forex Spreads
From 0.6 pips
CFDs
From 0.065%
Futures
From 0.03%
Metals
From 0.03%
Cryptocurrency
From 0.47%

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Charles Schwab
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Plus500
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Charles Schwab
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Plus500
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Charles Schwab
Research & Analysis
Education
Demo account
Plus500
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Charles Schwab
Android App
iOS App
Plus500
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
PayPal
Charles Schwab
Minimum deposit
$0
Bank Wire
Visa/Mastercard
PayPal
Plus500
Minimum deposit
£100
Bank Wire
Visa/Mastercard
PayPal

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Charles Schwab
Bank Wire
Visa/Mastercard
Withdrawal Time
5 days
Withdrawal Fee
$0
Plus500
Bank Wire
Visa/Mastercard
Withdrawal Time
1-2 working days
Withdrawal Fee
£0

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Charles Schwab
Сountry of Origin
United States
Year Founded
1973
Regulated By
SIPC
Plus500
Сountry of Origin
Israel
Year Founded
2008
Regulated By
FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC

Customer Service

Customer Service
Phone
Email
Live Chat
 
Charles Schwab
Phone
1-877-853-1802
Email
Email form
Live Chat
Yes
Plus500
Phone
-
Email
Yes
Live Chat
Yes

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