Charles Schwab vs. FBS Comparison

This comparison overview assists customers who battle to select in between Charles Schwab and FBS to find the most effective online broker for their trading and financial investment requirements. It evaluates the main features of both brokers alongside to help individuals compare their service and make an informed choice.

To help users choose the ideal broker between Charles Schwab and FBS to locate the best-suited platform, below is a listing of broker’s pros and cons, adhered to by a contrast of their main trading features, consisting of trading systems & tools, costs, mobile trading, down payment & withdrawal, properties, law, and client assistance.

Charles Schwab vs. FBS: Summary

Charles Schwab logo

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.

FBS logo

FBS is a CFD broker founded in 2009. It is regulated by two tier-one regulators ( the CySec and ASIC) and is therefore considered trustworthy. FBS offers access to over 100 forex pairs and a handful of stocks, stock indexes, commodities and CFDs.

FBS charges low stock and stock index trading fees. The broker also doesn’t charge inactivity, deposit and withdrawal fees, which makes their overall costs low. FBS’s proprietary webtrader platform has an intuitive design and allows MetaTrader 4 and 5 integration. As a non-dealing desk (NDD) and STP broker, FBS guarantees fast and reliable order execution.

FBS’s customer support is available via email, phone, and WhatsApp 24/7.

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 

Pros

  • Low minimum deposit ($10)
  • Low spreads from 0.8 pips EUR/USD
  • Competitive stock trading fees
  • Compatibility with MT4 and MT5
  • Wide range of trading account types

Cons

  • Comparing others relatively few trading instruments are offered

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

Key features

  • Competitive overall fees
  • Compatible with MetaTrader 4 and 5
  • Access to 100+ forex pairs
  • Up to 1:500 leverage for professional traders
  • Standard, Cent, and Crypto accounts
  • Free courses, webinars, lessons, and signals

Charles Schwab vs. FBS Comparison

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Charles Schwab logo

Charles Schwab

FBS logo

FBS

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75.2% of retail CFD accounts lose money

BROKER COMPARISON

Charles Schwab logo
FBS logo

Overall rating

4,1/5

4,1/5

Overall rating

4,1/5

4,1/5

Trading Platform & Tools

4.4

4.2

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 2:1 1:3000
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

5.0

4.5

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 0.5 pips
Stocks & ETF 0 2.32 pips
CFD (Gold) 0 2,32 pips
Crypto 0 32.55 pips
Options US$0.65 per options contract 0
Conversion Fees
Misc. Fees
Overnight Fees

Mobile Trading

3.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

1.3

3.1

See details
Minimum deposit (in UAE) $25.000 $100
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.8

1.9

See details
Shares 11.438 0
ETF & Funds 2.600 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 8 exchanges 0
Futures 8 exchanges 0
Bonds 36.000 0
Forex Instruments 0 44
CFD Indices & Funds 0 11
CFD Stocks 0 98
CFD Commodities 0 6
CFD Crypto 0 30
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

5.0

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.0

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Charles Schwab vs. FBS Comparison Conclusion

The outcomes of our contrast of Charles Schwab vs. FBS are involved the table below.

Broker:Best For:
Charles SchwabStocks and ETFs
FBSForex and CFD trading

Choosing the best selection in between Charles Schwab and FBS can be hard. Both online brokers have resemblances but differ regarding trading tools, platforms & applications, policy, deposit & withdrawals, and research study and education and learning. Picking the most effective broker depends upon individuals’ trading & investment objectives, private choices, and experience degree.

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.

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