Comparison Charles Schwab vs IFC Markets
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Charles Schwab vs IFC Markets. Is Charles Schwab or IFC Markets a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Charles Schwab has a commission fee of $4.95, and IFC Markets has a commission fee of from 0.1%. 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, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided by IFC Markets. As for platforms, Charles Schwab offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while IFC Markets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Charles Schwab was founded in 1973 in United States, and it is regulated by SIPC. And IFC Markets was founded in 2006 in British Virgin Islands, and it is regulated by BVI FSC. We can withdraw funds from Charles Schwab with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. And IFC Markets provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is fees vary. The withdrawal time for Charles Schwab is 5 days, and that one for IFC Markets is 1 - 5 business days.
Overall, Charles Schwab boasts 4.1 stars versus IFC Markets 4.8 stars.