Charles Schwab vs TradeStation

Charles Schwab vs TradeStation Comparison Table 2022
Charles Schwab TradeStation
United States Flag Traders from US accepted
United States Flag Traders from US 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 US based broker with pricing methods split to cater for active day traders, or longer term stock holders
Bonus
None None
Instruments
Stocks, Futures, Options, Crypto, ETFs Stocks, Futures, E-minis, CFD
Demo Account
Yes Yes
Minimum Deposit
$1 $500
Payment Methods
ACH Transfer, Wire Transfer ACH Transfer
Minimum Trade
1 Min lot size will vary
Regulator
SEC, FINRA, FCA1 SEC
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No Yes
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 iOS, Android and Windows
Auto Trading
Yes -
Trade Signals
- -
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 No
Account Currencies
USD USD, EUR, GBP, CAD, AUD, JPY, CHF
CFD
CFD trading not offered
Leverage
1:20
FTSE Spread
N/A
GBPUSD Spread
N/A
Oil Spread
0.06 pips
Stocks Spread
0.2% Var
Cryptocurrency
Charles Schwab supports indirect crypto trading through digital coin trusts and crypto-related stocks. Crypto trading not offered
Spread
Floating
Coins
GBTC, BITW
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- Yes
Auto Market Maker
No No
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