This parallel comparison helps users who need help choosing between ActivTrades and Charles Schwab to find the right online broker for their trading and investment needs. It considers the essential features of the two brokers side by side to help users compare their service and make an informed decision.
To help users pick the right broker between ActivTrades and Charles Schwab to find the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their fundamental trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer support.
ActivTrades vs. Charles Schwab: Summary
ActivTrades is a forex and CFD broker founded in 2001. The broker is licensed by the FCA and is considered safe. Users have access to a variety of assets including forex and CFDs on stocks, ETFs, cryptos, commodities and indices.
ActiveTrades has a proprietary platform (ActivTrader) and mobile app (ActiveTrades app) with an intuitive dashboard and trading features. Trading fees are below industry average, while research and educational resources are limited.
Account opening is fast and simple, while deposit & withdrawals are free of charge. The minimum deposit is $0.
ActiveTrade is a common choice among forex and CFD traders with intermediate knowledge.
Charles Schwab is a US based brokerage company founded in 1971. It is regulated by two tier-one financial regulators (the FINRA and SEC) and is considered safe.Users can trade on multiple assets including stocks, ETFs, funds, options, futures and cryptos.
Charles Schwab has a proprietary web and desktop trading platform. Both have a clean design and offer various customisation options and intuitive fee reports.
Charles Schwab’s trading fees are average compared to other similar brokers. They charge 0$ commission on stocks, ETFs and certain mutual funds and bonds. Their non-trading fees are low.
Charles Schwab’s customer support is available by phone, email and live chat 24/7.
Pros
- Low minimum deposit ($0)
- Low spreads from 0.5 pips EUR/USD
- Proprietary web platform (ActiveTrader) and MetaTrader desktop integration
- Negative balance protection
- Fast account opening
Cons
- Inactivity fees
- Limited availability of assets (only CFD, forex, and cryptocurrencies)
Pros
- Low minimum deposit ($0)
- $0 commission stock, ETF and mutual funds
- Excellent research tools and education materials
- Responsive customer support with 24/7 access
- Fast & reliable trade execution
Cons
- Limited beginner features
- Expensive managed accounts and financial advice
Key features
- Low trading fees
- Compatible with MetaTrader 4 and 5
- Great research tools like SmartOrder 2 and Pivot Points Indicator
- Daily Market Analysis videos
- Free unlimited demo paper trading account
- One to One training available
Key features
- $0 commission stock and ETF trading
- Access to over 3,000 US stocks
- Multiple advanced order types
- In-house reports from Morningstar and Credit Suisse
- Google Assistant Integration
- Robo-advisor and financial advisors available
ActivTrades vs. Charles Schwab Comparison
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ActivTrades
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Charles Schwab
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:400 | 2:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | £10 | 0 |
| Forex (EUR/USD) | 1 pip | 0 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 3.8 pips | 0 |
| Crypto | 0 | 0 |
| Options | 0 | US$0.65 per options contract |
| Conversion Fees | ||
| Misc. Fees | 0 | |
| Overnight Fees | 0 |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $0.00 | $25.000 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 11.438 |
| ETF & Funds | 0 | 2.600 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 8 exchanges |
| Futures | 0 | 8 exchanges |
| Bonds | 0 | 36.000 |
| Forex Instruments | 48 | 0 |
| CFD Indices & Funds | 527 | 0 |
| CFD Stocks | 660 | 0 |
| CFD Commodities | 15 | 0 |
| CFD Crypto | 9 | 0 |
| CFD Bonds | 5 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
ActivTrades vs. Charles Schwab Comparison Conclusion
The results of our comparison of ActivTrades vs. Charles Schwab are wrapped up in the table below.
| Broker: | Best For: |
| ActivTrades | Forex and CFD trading |
| Charles Schwab | Stocks and ETFs |
Finding the ideal choice between ActivTrades and Charles Schwab can be tough. Both online brokers have similarities but differ regarding trading fees, platform selection, products, licenses, and trading features. Finding the best broker depends on users’ trading & investment goals, individual preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.