Charles Schwab vs. IronFX Comparison

This contrast overview aids individuals that have a hard time to choose between Charles Schwab and IronFX to find the best online broker for their trading and investment requirements. It assesses the main features of the two brokers side by side to help customers contrast their solution and make an informed decision.

To aid individuals select the best broker between Charles Schwab and IronFX to locate the best-suited platform, listed below is a checklist of broker’s advantages and disadvantages, adhered to by a contrast of their major trading attributes, consisting of trading systems & tools, charges, mobile trading, deposit & withdrawal, properties, guideline, and client assistance.

Charles Schwab vs. IronFX: 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.

Iron-fx-logo

IronFX is a forex and CFD broker founded in 2010. Therefore, it is regulated by two tier-one financial authorities (CySec and ASIC) and is considered safe. The broker provides users access to 80 forex pairs and over 300 CFDs on forex, spot metals, and futures. The broker allows trading with up to 1:300 leverage and offers a free demo account for beginner traders.

IronFX fees are below average compared to similar brokers from the industry. They charge low spreads from 0.1 pips (EUR/USD). Additionally, the broker charges 3% inactivity fees after 90 consecutive days of inactivity on any account.

IronFX’s customer support is available through email (support@IronFX.com) and live chat in English and Arabic.

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 ($100)
  • Competitive forex spreads from 0.8 pips (EUR/USD)
  • Wide range of platforms and plugins (MetaTrader 4, AutoChartist, and Trading Central)
  • Great research and education materials
  • 7 Different account types

Cons

  • Algorithmic trading is only available through MetaTrader 4
  • High inactivity fees (3% of account balance after 90 days)

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

  • Access to over 80 forex pairs and 300 CFDs
  • Compatible with MT4 and Trading Central
  • Excellent Copy Trading features
  • Advanced charting and analysis tools
  • Welcome bonuses for new users
  • Commission-free CFD trading and low floating spreads from 0,0 pips

Charles Schwab vs. IronFX Comparison

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BROKER COMPARISON

Charles Schwab logo
Iron-fx-logo

Overall rating

4,1/5

3,7/5

Overall rating

4,1/5

3,7/5

Trading Platform & Tools

4.4

3.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 2:1 1000:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

5.0

3.6

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 3% on withdrawal if you have not entered a trade after deposit
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 0.7
Stocks & ETF 0 0
CFD (Gold) 0 0.6
Crypto 0 0
Options US$0.65 per options contract 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

3.0

3.9

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

1.3

3.5

See details
Minimum deposit (in UAE) $25.000 $100.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.8

2.7

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 27
Bonds 36.000 0
Forex Instruments 0 84
CFD Indices & Funds 0 21
CFD Stocks 0 150
CFD Commodities 0 16
CFD Crypto 0 0
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

2.8

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

Customer Support

4.0

4.3

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

Winner

Charles Schwab vs. IronFX Comparison Conclusion

The outcomes of our contrast of Charles Schwab vs. IronFX are wrapped up in the table listed below.

Broker:Best For:
Charles SchwabStocks and ETFs
IronFXForex and CFD Trading & Social Copy Trading

Selecting the best selection in between Charles Schwab and IronFX can be challenging. Both online brokers have resemblances yet vary relating to trading tools, platforms & apps, policy, deposit & withdrawals, and research study and education. Selecting the best broker depends upon individuals’ trading & investment goals, specific choices, 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.

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