Comparison Charles Schwab vs Trading 212

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Charles Schwab vs Trading 212. Which of them: Charles Schwab or Trading 212 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 Trading 212 has a commission fee of 0. The full online broker reviews contains more detailed information on the brokers’ commission fees.

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, ETFs Trading, Forex Trading are provided by Trading 212. Concerning the platforms, Charles Schwab uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Trading 212 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 founded in 1973 in United States, and it is regulated by SIPC. And Trading 212 was founded in 2004 in Bulgaria, and it is regulated by FCA, FSC. Withdrawal of funds from Charles Schwab can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And Trading 212 provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of 0. The withdrawal time for Charles Schwab is 5 days, and that one for Trading 212 is 0-5 days.

As a result, the rating of Charles Schwab is 4.1 stars versus that of Trading 212 of 4.3 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
Trading 212
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
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
Trading 212
Stock
0
ETFs
0
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
0.8 average spread for EUR/USD
CFDs
Fees built into spreads

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Robo Advisor
Charles Schwab
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Robo Advisor
Trading 212
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Charles Schwab
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Trading 212
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Charles Schwab
Research & Analysis
Education
Demo account
Trading 212
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Charles Schwab
Android App
iOS App
Trading 212
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
PayPal
Charles Schwab
Minimum deposit
$0
Bank Wire
Visa/Mastercard
PayPal
Trading 212
Minimum deposit
£1
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
Trading 212
Bank Wire
Visa/Mastercard
Withdrawal Time
0-5 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
Trading 212
Сountry of Origin
Bulgaria
Year Founded
2004
Regulated By
FCA, FSC

Customer Service

Customer Service
Phone
Email
Live Chat
 
Charles Schwab
Phone
1-877-853-1802
Email
Email form
Live Chat
Yes
Trading 212
Phone
Yes
Email
Yes
Live Chat
No

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