FXTM vs Charles Schwab

FXTM vs Charles Schwab Comparison Table 2022
FXTM Charles Schwab
4.6
United States Flag Traders from US not accepted
Not Yet Rated
United States Flag Traders from US accepted
FXTM is a leading forex and CFD broker. Offering a huge range of markets and 6 account types, they cater to all levels of trader. 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
Awards
Best ECN Broker 2020 - DayTrading.com
Bonus
30% Up to $100 via Exinity Ltd None
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Stocks, Futures, Options, Crypto, ETFs
Demo Account
Yes Yes
Minimum Deposit
From $50 $1
Payment Methods
Bitcoin Payments, Credit Card, Google Pay, JCB Card, M-Pesa, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Visa, Webmoney, WeChat Pay, Western Union, WorldPay, Yandex Money ACH Transfer, Wire Transfer
Minimum Trade
0.01 lots 1
Regulator
CySec, ESMA, FCA and FSC of the Republic of Mauritius SEC, FINRA, FCA1
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
STP Account
Yes No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No Yes
Negative Balance Protection
No No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows iOS & Android
Auto Trading
Yes, via FXTM Invest or EAs Yes
Trade Signals
Yes -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Social Trading
Yes No
Copy Trading
Yes No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CZK USD
CFD
CFD trading not offered
Leverage
1:30 EU, 1:200
FTSE Spread
1.3 pts
GBPUSD Spread
0.3 (var)
Oil Spread
9 pts (var)
Stocks Spread
0.1% Var
Forex
FXTM offer forex trading on a huge range of currency pairs. Spreads can be as low as 0.1 with the ECN account types. Forex trading not offered
GBPUSD Spread
0.3 (var)
EURUSD Spread
0.1 (var)
EURGBP Spread
0.2 (var)
Assets
50+
Cryptocurrency
Crypto trading not offered Charles Schwab supports indirect crypto trading through digital coin trusts and crypto-related stocks.
Spread
Floating
Coins
GBTC, BITW
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No -
Auto Market Maker
No No
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