Charles Schwab vs Forex.com

Charles Schwab vs Forex.com Comparison Table 2022
Charles Schwab Forex.com
Charles Schwab is a large US investment broker offering a massive range of stocks, ETFs and equity derivatives in a variety of savings and investment accounts Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Awards
Best US Broker 2020 - DayTrading.com
Best US Broker 2019 - DayTrading.com
Runner-Up - Best Forex Broker 2019 - DayTrading.com
Bonus
None None
Instruments
Stocks, Futures, Options, Crypto, ETFs Stocks, Futures, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$1 $100
Payment Methods
ACH Transfer, Wire Transfer Credit Card, Debit Card, Giropay, MoneyGram, Paysafecard, Wire Transfer
Minimum Trade
1 $1
Regulator
SEC, FINRA, FCA1 CySEC, IIROC, NFA, CFTC, FCA, FSA, and CIMA
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes Yes
Robo Advisor
Yes No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android Yes
Auto Trading
Yes Automated trade supported through trading platforms (MT4)
Trade Signals
- Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
USD USD, EUR, GBP, CHF
CFD
CFD trading not offered
Leverage
1:50
FTSE Spread
1 pt
GBPUSD Spread
1.0 Var
Oil Spread
0.04 Var
Stocks Spread
0.1% (Min Commission Applies)
Forex
Forex trading not offered Forex.com are a leading forex broker. Offering the largest range of currency pairs (80+) and some of the tightest spreads in the industry.
GBPUSD Spread
1.0 Var
EURUSD Spread
0.7 Var
EURGBP Spread
0.7 Var
Assets
80+
Cryptocurrency
Charles Schwab supports indirect crypto trading through digital coin trusts and crypto-related stocks. Trade the major Cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet required, just a trading account.
Spread
Floating BTC 1.4%, ETH 2%
Coins
GBTC, BITW BTC, BCH, ETH, LTC, XRP
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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