Charles Schwab vs. XTB Comparison

This contrast overview aids users who have a hard time to choose between Charles Schwab and XTB to locate the most effective online broker for their trading and investment demands. It examines the highlights of the two brokers side-by-side to aid customers contrast their solution and make a notified choice.

To help users pick the ideal broker between Charles Schwab and XTB to discover the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their main trading attributes, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, possessions, regulation, and consumer support.

Charles Schwab vs. XTB: 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.

XTB logo

XTB is an international multi-asset broker founded in 2002. It is regulated by two-tier one regulators (the FCA and MiFID) and therefore considered trustworthy. The brokers offers access to 12,000 tradable symbols including 5,400 CFDs on forex, indices, commodities, stocks, ETFs, and cryptocurrencies.

XTB has a proprietary platform (xStation 5) that features extensive trading and research tools including market news, up-to-date price tables, and market calendars. Users can also use various order types and risk management features such as stop-loss orders and negative balance protection. Besides its feature rich proprietary platforms, XTB offers limited MT4 integration.

XTB trading fees are in line with the industry average. They charge an average spread of 0.91 pips (EUR/USD), and also offer spread rebates between 5% to 30% on active trading. XTB also charges inactivity fees of $10/month after 12 months of inactivity.

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)
  • Competitive trading fees
  • Great research and education materials
  • MT4 compatibility
  • Cashback rebates and free paper trading account
  • Feature rich and intuitive mobile app

Cons

  • Only CFD trading
  • Charges inactivity fees

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 12,000 financial instruments
  • Free Stock and ETF trading
  • Daily market analysis videos, price tables, and economic calendar
  • Micro-lot trading available
  • Beginner-friendly mobile app (xStation Mobile)
  • Multi-lingual support in English, Arabic and over 10 other languages

Charles Schwab vs. XTB Comparison

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Charles Schwab logo

Charles Schwab

XTB logo

XTB

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81% of CFD retail account lose money

BROKER COMPARISON

Charles Schwab logo
XTB logo

Overall rating

4,1/5

3,8/5

Overall rating

4,1/5

3,8/5

Trading Platform & Tools

4.4

4.2

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

3.7

See details
Withdrawal Fee 0 $0
Deposit Fee 0 $0
Inactivity Fee 0
Cost Per Trade 0 0
Cost Per Month 0 €12
Forex (EUR/USD) 0 1.0 pips
Stocks & ETF 0 0
CFD (Gold) 0 1.19 pips
Crypto 0 100 pips
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

2.1

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

2.9

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 57
CFD Indices & Funds 0 37
CFD Stocks 0 1796
CFD Commodities 0 23
CFD Crypto 0 10
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

3.2

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

Customer Support

4.0

4.4

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

Winner

Charles Schwab vs. XTB Comparison Conclusion

The results of our contrast of Charles Schwab vs. XTB are involved the table below.

Broker:Best For:
Charles SchwabStocks and ETFs
XTBForex and CFDs; Beginners and intermediate traders

Selecting the best choice between Charles Schwab and XTB can be challenging. Both on the internet brokers have similarities yet vary relating to trading tools, platforms & applications, policy, down payment & withdrawals, and research and education and learning. Choosing the most effective broker relies on individuals’ trading & financial investment goals, private 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.

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