Comparison Charles Schwab vs DEGIRO

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Charles Schwab vs DEGIRO. Is Charles Schwab or DEGIRO a better online broker?

First of all, we’ll compare the commission fees of the two brokers. The commission fee of Charles Schwab on regular transactions of the stock exchange is $4.95, and DEGIRO has a commission fee of 4. When analyzing trading options, the commission fees of Charles Schwab is $4.95 + $0.65 per contract, and that one of DEGIRO is 4. The full online broker reviews contains more detailed information on the brokers’ commission fees.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Robo Advisor are provided to customers by Charles Schwab and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading are provided by DEGIRO. Concerning the platforms, Charles Schwab uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while DEGIRO uses 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. Charles Schwab was founded in 1973 in United States, and it is regulated by SIPC. And DEGIRO was founded in 2013 in Netherlands, and it is regulated by AFM, DNB. We can withdraw funds from Charles Schwab with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. And DEGIRO provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is 0. The withdrawal time for Charles Schwab is 5 days, and that one for DEGIRO is 1-2 business days.

As a result, the rating of Charles Schwab is 4.1 stars versus that of DEGIRO of 4.1 stars.