Comparison AvaTrade vs Charles Schwab
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AvaTrade vs Charles Schwab. Is AvaTrade or Charles Schwab a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. AvaTrade has a commission fee of average 0.13%, and Charles Schwab has a commission fee of $4.95. When analyzing trading options, the commission fees of AvaTrade is spreads Vary, and that one of Charles Schwab is $4.95 + $0.65 per contract. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are AvaTrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor, and Charles Schwab provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Robo Advisor. As for platforms, AvaTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Charles Schwab offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. AvaTrade was founded in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And Charles Schwab was founded in 1973 in United States, and it is regulated by SIPC. We can withdraw funds from AvaTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Charles Schwab provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. The withdrawal time for AvaTrade is 1 - 2 business days, and that one for Charles Schwab is 5 days.
Overall, AvaTrade boasts 4.8 stars versus Charles Schwab 4.1 stars.