Charles Schwab vs. Pepperstone Comparison

This comparison guide assists individuals who have a hard time to choose between Charles Schwab and Pepperstone to find the very best online broker for their trading and investment needs. It assesses the highlights of both brokers alongside to aid customers compare their service and make an educated choice.

To aid individuals pick the appropriate broker in between Charles Schwab and Pepperstone to discover the best-suited platform, below is a checklist of broker’s advantages and disadvantages, adhered to by a comparison of their main trading attributes, consisting of trading platforms & devices, costs, mobile trading, down payment & withdrawal, assets, regulation, and consumer assistance.

Charles Schwab vs. Pepperstone: 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.

Pepperstone logo

Pepperstone is an Australian based forex and CFD broker founded in 2010. The broker is regulated by top-tier financial authorities including the Financial Conduct Authority (FCA), the Dubai Financial Services Authority (DFSA) and the Australian Securities and Investments Commission (ASIC). Their platform offers access to 180 + financial instruments including forex and CFDs on stocks, indices, commodities and cryptocurrencies. The combined offering of cTrader, MetaTrader and various social trading features makes this broker a great fit for copy and algorithmic traders.

Pepperstone charges lower trading fees compared to other forex and CFD brokers like AvaTrade and IG. They charge zero spreads on most forex pairs and a fixed commission of $3,50.

Pepperstone’s customer service is available through phone, email, online chat and an extensive FAQ section.

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 ($0)
  • Low Forex spreads from 0.0 pips
  • Multiple third party integrations (MT4, MT5, cTrader, Tradingview)
  • Extensive Social trading features
  • Excellent education and research materials

Cons

  • Lack of video educational materials
  • Limited advanced order types

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

  • 60+ Forex pairs and 700+ different CFDs
  • MetaTrader 4, MetaTrader 5, cTrader trading platforms
  • TradingView integration
  • Zero spreads on a few forex pairs including EUR/USD
  • Special set of tools for professional traders
  • Islamic swap-free account available

Charles Schwab vs. Pepperstone Comparison

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Charles Schwab logo

Charles Schwab

Pepperstone logo

Pepperstone

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BROKER COMPARISON

Charles Schwab logo
Pepperstone logo

Overall rating

4,1/5

4,9/5

Overall rating

4,1/5

4,9/5

Trading Platform & Tools

4.4

4.8

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 2:1 1:500
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

4.9

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 0.6
Stocks & ETF 0 0
CFD (Gold) 0 1.3
Crypto 0 0
Options US$0.65 per options contract 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

3.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

1.3

4.7

See details
Minimum deposit (in UAE) $25.000 $0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.8

4.8

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 0 63
CFD Indices & Funds 0 123
CFD Stocks 0 600
CFD Commodities 0 31
CFD Crypto 0 23
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

4.9

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

Customer Support

4.0

4.8

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

Winner

Charles Schwab vs. Pepperstone Comparison Conclusion

The outcomes of our comparison of Charles Schwab vs. Pepperstone are involved the table below.

Broker:Best For:
Charles SchwabStocks and ETFs
PepperstoneForex and CFDs and algorithmic trading

Picking the appropriate choice between Charles Schwab and Pepperstone can be challenging. Both on-line brokers have similarities yet vary concerning trading tools, systems & apps, policy, down payment & withdrawals, and research study and education. Selecting the most effective broker depends upon individuals’ trading & financial investment objectives, private 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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