Charles Schwab vs OctaFX

Charles Schwab vs OctaFX Comparison Table 2022
Charles Schwab OctaFX
Not Yet Rated
United States Flag Traders from US accepted
4.1
United States Flag Traders from US not accepted
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 OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
Awards
Best ECN/STP Broker 2019 - FXDaily Info
Best Forex Broker Asia 2019 - FXDaily Info
Best Forex Broker Asia 2018 - Global Banking & Finance Review
Best FX Broker 2018 - European CEO Magazine
Best Trading Conditions 2018 - European CEO Magazine
Best Copy Trading Platform 2018 - Forex-Awards.com
Best Forex ECN Broker 2017 - UK Finance Awards
Best Trading Conditions 2016 - Forex Report Magazine
Bonus
None 50% deposit bonus
Instruments
Stocks, Futures, Options, Crypto, ETFs Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$1 $100
Payment Methods
ACH Transfer, Wire Transfer Credit Card, Doku Wallet, Mastercard, MoneyGram, Paysafecard, Perfect Money, Vietcombank Transfer, Visa, Western Union, Wire Transfer, WorldPay
Minimum Trade
1 0.01 lots
Regulator
SEC, FINRA, FCA1 CySEC
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No -
Trading Central
No -
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
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 (iOS & Android)
Auto Trading
Yes Yes
Trade Signals
- Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
Yes No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
No Yes
Account Currencies
USD -
Stock Exchanges
- -
CFD
CFD trading not offered Trade on the financial markets with CFDs.
Leverage
1:30
FTSE Spread
1.8
GBPUSD Spread
1.1
Oil Spread
1.1
Stocks Spread
Variable
Forex
Forex trading not offered OctaFX offers leveraged trading on currencies.
GBPUSD Spread
1.1
EURUSD Spread
0.7
EURGBP Spread
2.1
Assets
28
Cryptocurrency
Charles Schwab supports indirect crypto trading through digital coin trusts and crypto-related stocks. Trade popular digital currencies paired with the USD.
Spread
Floating Variable
Coins
GBTC, BITW BTC, LTC, ETH, ZEC, SOL, ADA, DOT, ATOM, LINK, AVAX, BTB, MANA, MATIC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No -
Auto Market Maker
No No
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