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Charles Schwab
3.2/5

Charles Schwab

✔ Excellent customer service ✔Free stock and ETF trading
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Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Charles Schwab hosts thousands of assets for trading and investing, including stocks, options, bonds, mutual funds, cryptocurrencies and ETFs. Stock and ETF trading is commission-free, with other assets also traded at low costs. The broker is safe, having been authorised to extend its services in the US and other multiple jurisdictions globally.

Pros
  • 0 commission on stocks and ETFs
  • Dedicated 24/7 customer service
  • Excellent research materials including interactive charts and trading ideas
  • No account fees or minimum deposit requirement
Cons
  • Some mutual funds attract high trading fees
  • No negative balance protection except for UK traders
  • Plenty of trading tools may confuse new traders
Charles Schwab index page
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Charles Schwab broker
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Charles Schwab
Charles Schwab index page
Charles Schwab screen
Charles Schwab broker
Charles Schwab mobile
Charles Schwab

Charles Schwab – Who Are They?

It has been five decades since Charles Schwab was established in 1971. With plenty of challenges coming its way, this US-based broker has continued to support traders with some of the top-tier trading tools. This has made it rise to become one of the celebrated brokerage firms globally. 

Charles Schwab review

Charles Schwab has won multiple awards throughout the years, proving that it prioritises traders’ interests. It also has world-renowned regulatory authorities overseeing its activities, including the Commodity Futures Trading Commission (CFTC) and the Financial Conduct Authority (FCA). What’s more, Charles Schwab is listed on the New York Stock Exchange (NYSE).

Trading with this award-winning broker allows you to enjoy some of the most powerful trading platforms with features that will help you navigate the markets. You also have an option of getting automated using Robo-advisors to build a diversified portfolio.

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Charles Schwab Logo
Visit site
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Read Review
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Our Opinion About Charles Schwab

Charles Schwab is a broker with diverse offerings and tools ranging from research and educational materials to trading accounts. We tested the performance of the Charles Schwab mobile app, and we must admit that it is reliable and executes orders fast. Interestingly, it is secured with a face and touch ID to safeguard your data. Therefore, we advise any active trader or investor to consider installing it, whether from Google Play or the App Store

We also reviewed this broker’s charges, and generally, they rank on the lower side. The best part about this is that there are no hidden charges, allowing you to budget for your activities accordingly. We recommend it to low-budget traders looking for advanced trading resources.

It is worth mentioning that Charles Schwab’s customer service is very supportive and ensures you find relevant solutions whenever you encounter trading issues. It operates round the clock and has allowed communication through various channels, including phone and live chat. Unfortunately, Charles Schwab lacks email support.

The broker’s platform is navigable, and we believe that newbies will not have any problems identifying trading tools. With no minimum deposit requirement and low fees, you can kickstart your trading activities without worrying about spending a lot. So, make use of its demo account and test it before you decide to venture into the real markets.

Adam Jarfjord

is our leading content maker and head of the content department. For Adam, trading is not only a job but also a passion for more than 5 years. He has many years of experience in the financial sector and honestly admits that he is in love with his job.

Charles Schwab Details

Payment Methods
Licences
TradingGuides Rating:
✔ Excellent customer service ✔Free stock and ETF trading
Visit site
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
4.0
Customer support
5.0
Commissions & Fees
4.0
Platform & Tools
4.0
Research
4.3 Overall Rating

One Reply to “Charles Schwab”

  • Amos says:

    With a clear mindset, I started searching for a broker suited the best for me. I compared many of them to find the perfect one for me. I have been working with many brokers them some of them give me positive feedback and many of them give negative feedback. I am using Charles Schwab and eToro, today. But, it all started by comparing several platforms with each one of them and understanding how these brokers can be helpful for me in the long run.

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