Trade Republic vs Charles Schwab
| Trade Republic Review 2023 | Charles Schwab Review 2023 |
|---|---|
Not Yet Rated
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2.8
Charles Schwab is #36 in our broker rankings. |
 Traders from US not accepted
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Traders from US accepted |
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Trade Republic is a German-based mobile-only securities bank and stockbroker that supports stocks, derivatives and crypto trading. |
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. The trustworthy brand has been offering financial services for 45+ years with over 35 million brokerage accounts and $870+ billion in assets under management. Charles Schwab is also regulated by top-tier watchdogs including the SEC and FCA. |
| Comment by Reviewer | |
| "Charles Schwab will serve long-term investors looking for managed accounts, financial advice and self-directed trading opportunities. Fees are competitive, with zero-commission stock and ETF trading and no account minimums for individual brokerage accounts." | |
| Pros | |
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| Cons | |
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| Instruments | |
| Stocks, ETFs, Indices, Derivatives, Cryptos | Stocks, Futures, Options, Crypto, ETFs |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $0 | $1 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $1 |
| Regulator | |
| BaFin, Bundesbank | SEC, FINRA, FCA1 |
| Margin Trading | |
| No | No |
| STP Account | |
| Yes | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | 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 | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | Yes |
| Custodial Account | |
| No | Yes |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade Republic offers over 40,000 derivatives assets, including CFDs, with no commission charges or spread mark-ups. | CFD trading not offered |
| FTSE Spread | |
| Market | |
| GBPUSD Spread | |
| Market | |
| Oil Spread | |
| Market | |
| Stocks Spread | |
| Market | |
| Forex Trading | |
| Trade Republic offers derivatives trading on a range of currencies for its European clients. | Forex trading not offered |
| GBPUSD Spread | |
| Market | |
| EURUSD Spread | |
| Market | |
| EURGBP Spread | |
| Market | |
| Assets | |
| Limited | |
| Cryptocurrency | |
| Trade Republic supports derivatives trading on four leading cryptocurrencies. | Charles Schwab supports indirect crypto trading through digital coin trusts and crypto-related stocks. You can get exposure to popular digital currencies such as Bitcoin, Ripple and Ethereum. |
| Spread | |
| Market | Floating |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| Binary options are offered on popular financial markets. | Binary options trading not offered |
| Payout | |
| Undisclosed% | |
| Ladder Options | |
| No | No |
| Boundary Options | |
| No | No |
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| More Comparisons | |
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Trade Republic vs |
Charles Schwab vs |