Charles Schwab vs Interactive Brokers 2024
In this head to head comparison of Charles Schwab vs Interactive Brokers, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
In this head to head comparison of Charles Schwab vs Interactive Brokers, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
When comparing Charles Schwab and Interactive Brokers for investment options, both platforms excel with a perfect rating of five stars. Charles Schwab takes the number two spot, and Interactive Brokers holds the number one ranking according to StockBrokers.com. Each broker offers a robust suite of investment options, making them top choices for a variety of investors' needs. Whether you prioritize stock trading or more diversified options such as margin trading, mutual funds, and futures, both platforms deliver extensive opportunities.
Charles Schwab and Interactive Brokers offer identical capabilities when it comes to stock trading, margin trading, and fractional shares trading. Both allow access to mutual funds, options, futures, and forex trading. While Schwab provides OTC stocks and a comprehensive advisor service, Interactive Brokers surpasses Schwab in crypto trading, offering four coins, compared to Schwab's lack of cryptocurrency options. This distinct advantage places Interactive Brokers at the forefront for investors looking to incorporate crypto in their portfolios.
In terms of retirement planning, both Charles Schwab and Interactive Brokers offer traditional and Roth IRA accounts. However, Charles Schwab sets itself apart by providing advisor services, which can be a significant advantage for investors seeking professional guidance. While Interactive Brokers compensates with a broader range of investment offerings, including crypto trading, each broker presents unique strengths. Ultimately, your choice between Charles Schwab and Interactive Brokers will depend on your specific investment preferences and the importance you place on having immediate access to advisory services or cryptocurrency options.
Feature |
Charles Schwab
|
Interactive Brokers
|
---|---|---|
Stock Trading | Yes | Yes |
Margin Trading | Yes | Yes |
Fractional Shares | Yes | Yes |
OTC Stocks | Yes | Yes |
Mutual Funds | Yes | Yes |
Options Trading | Yes | Yes |
Futures Trading | Yes | Yes |
Crypto Trading | No | Yes |
Crypto Trading - Total Coins | 0 | 4 |
Investment Options |
Dive deeper: Best Options Trading Platforms for 2024, Best Futures Trading Platforms for 2024
When comparing Charles Schwab and Interactive Brokers for their trading platforms and tools, both brokers demonstrate high quality and offer extensive features, earning an impressive 5-star rating each. However, according to StockBrokers.com, Interactive Brokers slightly edges out Charles Schwab by securing the top spot among 18 brokers for trading platforms and tools, whereas Charles Schwab ranks a close second. The distinct features and offerings cater to different trader preferences, making the choice between the two highly dependent on individual trading needs and priorities.
Both Charles Schwab and Interactive Brokers offer versatile trading platforms, including downloadable versions for both Windows and Mac, as well as browser-based access. Traders can benefit from paper trading and trading journals on both platforms, facilitating practice and strategy development. While both platforms allow users to adjust open orders directly on stock charts, display historical trades, corporate events, and add index overlays and notes, Schwab offers an impressive 374 technical indicators for charting, compared to Interactive Brokers' 155. On the contrary, Interactive Brokers shines with 85 drawing tools versus Schwab's 24, providing a more diverse toolkit for technical chart analyses.
For those who rely heavily on customizing their technical studies, Charles Schwab offers a significant advantage with 35 customization fields for editing an SMA study on stock charts, compared to only 6 for Interactive Brokers. Additionally, Schwab allows the creation of custom studies, a feature not supported by Interactive Brokers. Nevertheless, both platforms enable users to save multiple chart profiles and perform automated technical analysis, providing traders with robust features to enhance their trading experience. The decision between Charles Schwab and Interactive Brokers ultimately boils down to specific charting preferences and customization necessities.
Feature |
Charles Schwab
|
Interactive Brokers
|
---|---|---|
Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | Yes |
Desktop Platform (Mac) | Yes | Yes |
Paper Trading | Yes | Yes |
Watch Lists - Total Fields | 580 | 659 |
Charting - Indicators / Studies | 374 | 155 |
Charting - Drawing Tools | 24 | 85 |
Platforms & Tools |
Dive deeper: Best Stock Brokers & Trading Platforms for 2024, Best Paper Trading Platforms for 2024
Charles Schwab and Interactive Brokers both offer comprehensive educational resources tailored to beginner investors, with a range of tools and content designed to enhance investing knowledge. Both platforms provide education on stocks, ETFs, options, mutual funds, and bonds, ensuring a broad coverage of investment vehicles. Users can also engage in paper trading and access educational videos, webinars, and quizzes that cater to diverse learning preferences. Moreover, learners have the opportunity to track their progress, allowing for a self-paced and organized educational journey.
In terms of ratings and rankings, Charles Schwab slightly edges out Interactive Brokers. Charles Schwab is rated 5 stars for investor education and ranks as the fourth best among 18 brokers according to StockBrokers.com. Meanwhile, Interactive Brokers achieves a commendable 4.5-star rating and is ranked fifth by StockBrokers.com, showcasing its robust educational offerings. Both brokers provide strong educational frameworks, but Charles Schwab's slightly higher ratings and ranking may appeal more to those prioritizing top-tier educational resources.
Feature |
Charles Schwab
|
Interactive Brokers
|
---|---|---|
Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | Yes | Yes |
Education (Bonds) | Yes | Yes |
Paper Trading | Yes | Yes |
Videos | Yes | Yes |
Webinars | Yes | Yes |
Education |
Dive deeper: Best Stock Trading Platforms for Beginners of 2024
When choosing between Charles Schwab and Interactive Brokers for stock trading app capabilities, both platforms offer compelling features. Charles Schwab boasts an impressive range of 373 technical studies for its mobile charting, surpassing Interactive Brokers' 97. Additionally, Charles Schwab allows users to display stock comparisons on charts, a feature not available with Interactive Brokers. However, Interactive Brokers holds a #1 ranking by StockBrokers.com for stock trading apps out of 18 brokers, while Charles Schwab ranks at #4. Both apps have earned a 5-star rating, showcasing their excellence and reliability in the trading app sphere.
Both Charles Schwab and Interactive Brokers offer iPhone, Android, and Apple Watch apps, providing robust mobile capabilities. The platforms support essential features like mobile after-hours stock and options trading, streaming quotes, streaming live TV, videos on demand, stock alerts, and customizable watch lists. Importantly, they both deliver the ability to view charts in landscape mode and provide multiple time frames for charting within their mobile apps. This parity ensures that traders have access to advanced tools and real-time data across various devices.
The divergence comes in certain advanced features, wherein Interactive Brokers offers after-hours charting, unlike Charles Schwab. However, Charles Schwab compensates with its higher number of technical studies and the ability to display stock comparisons on charts. Both brokers offer a comprehensive suite of services, making them excellent choices for traders looking for app-based trading solutions, with each providing distinct advantages that cater to different trading preferences and needs.
Feature |
Charles Schwab
|
Interactive Brokers
|
---|---|---|
iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | Yes | Yes |
Stock Alerts | Yes | Yes |
Charting - After-Hours | No | Yes |
Charting - Technical Studies | 373 | 97 |
Mobile Trading Apps |
Dive deeper: Best Stock Trading Apps for 2024
When comparing Charles Schwab and Interactive Brokers, potential investors find competitive structures with distinct differences. Both brokers offer a $0 minimum deposit and commission-free trading on regular stock trades. While options trading costs are identical at $0.65 per contract, differences emerge in margin rates where Interactive Brokers offers significantly lower rates than Charles Schwab, particularly on smaller balances. This divergence in pricing extends to account transfer fees; Interactive Brokers charges no fee for full Account Transfers (ACAT), whereas Schwab imposes a $50 fee.
Investors exploring margin trading options will note the disparity in margin rates. Interactive Brokers provides more favorable rates of 7.33% for balances below $100,000, while Charles Schwab's rates escalate from 12.125% to 13.575%, depending on the balance tier. This substantial difference can impact the overall cost for investors engaging in margin trades. On the bright side, both Charles Schwab and Interactive Brokers abstain from IRA annual and closure fees, supporting cost-efficient retirement planning.
For those transitioning accounts, it's crucial to be aware of transfer costs. Charles Schwab's partial account transfers incur no fees, but a full transfer costs $50, while Interactive Brokers allows for seamless transfers with no charges for both partial and full transfers. Moreover, both platforms boast free options exercise and assignment, adding to their largely fee-free offerings. Overall, while both brokers excel in providing cost-efficient trading, Interactive Brokers may offer more competitive rates for margin borrowing and account transfers.
Feature |
Charles Schwab
|
Interactive Brokers
|
---|---|---|
Minimum Deposit | $0.00 | $0.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.65 | $0.65 |
Options Exercise Fee | $0.00 | $0.00 |
Options Assignment Fee | $0.00 | $0.00 |
IRA Annual Fee | $0.00 | $0.00 |
IRA Closure Fee | $0.00 | $0.00 |
Commissions & Fees |
Dive deeper: Best Free Trading Platforms for 2024
Both Charles Schwab and Interactive Brokers provide robust platforms for day traders, offering a comprehensive suite of tools and features to facilitate quick and efficient trading. They both offer streaming time and sales data for stocks, streaming live TV, direct market routing, ladder trading, trading hotkeys for quick keyboard trade entries, and Level 2 market quotes. Additionally, both brokers provide basic and advanced strategy backtesting capabilities, and a short locator tool that allows traders to view real-time availability of shares available for shorting by security.
However, a key differentiator lies in their rebate offerings. Interactive Brokers provides order liquidity (maker/taker) rebates, which can be an attractive feature for day traders looking to optimize costs on high-volume trading. In contrast, Charles Schwab does not offer maker/taker rebates. This distinction may be significant for traders who frequently engage in high-frequency trading and who can benefit from the potential cost savings associated with liquidity rebates. Overall, while both platforms deliver on essential features, Interactive Brokers offers a slight edge in terms of trading cost efficiency.
Feature |
Charles Schwab
|
Interactive Brokers
|
---|---|---|
Streaming Time & Sales | Yes | Yes |
Streaming TV | Yes | Yes |
Direct Market Routing - Stocks | Yes | Yes |
Level 2 Quotes - Stocks | Yes | Yes |
Trade Ideas - Backtesting | Yes | Yes |
Trade Ideas - Backtesting Adv | Yes | Yes |
Short Locator | Yes | Yes |
Dive deeper: Best Day Trading Platforms for 2024
When it comes to market research capabilities, both Charles Schwab and Interactive Brokers offer robust options that cater to a variety of investor needs. Charles Schwab takes the lead with a slightly higher reputation, boasting a #1 ranking by StockBrokers.com and a perfect 5-star rating. Interactive Brokers isn’t far behind, securing the #2 spot with the same 5-star rating. Each platform provides comprehensive research tools, including access to stock, ETFs, mutual funds, and bonds research, allowing investors to make informed decisions based on thorough data and insights.
Both Charles Schwab and Interactive Brokers deliver well-rounded research options. They excel in offering stock, ETFs, and mutual funds research while also covering niche areas like Pink Sheets/OTCBB and ESG factors. Both platforms provide the ability to analyze portfolio allocation by asset class and incorporate social media sentiment into stock research. The availability of downloadable PDF reports further enhances the research experience, with Interactive Brokers offering a slightly greater number of stock reports compared to Schwab.
In addition to their robust research capabilities, both platforms include trade idea screeners for stocks, ETFs, mutual funds, and bonds, emphasizing their commitment to supporting investors in identifying potential opportunities. Whether you're looking to delve into detailed market research or simply seeking trade ideas, both Charles Schwab and Interactive Brokers offer comprehensive tools that cater to a wide range of investment strategies. Their shared 5-star ratings reflect their dedication to providing high-quality research features, making them both excellent choices for market-savvy investors.
Feature |
Charles Schwab
|
Interactive Brokers
|
---|---|---|
Research - Stocks | Yes | Yes |
Screener - Stocks | Yes | Yes |
Research - ETFs | Yes | Yes |
Screener - ETFs | Yes | Yes |
Research - Mutual Funds | Yes | Yes |
Screener - Mutual Funds | Yes | Yes |
Research - Bonds | Yes | Yes |
Screener - Bonds | Yes | Yes |
Research |
When evaluating the banking capabilities of Charles Schwab and Interactive Brokers, it's clear that Charles Schwab offers a comprehensive suite of banking services, including checking and savings accounts, debit and credit cards, and mortgage loans, making it a robust option for those seeking a wide range of financial products. In contrast, Interactive Brokers does not provide checking or savings accounts, debit or credit cards, or mortgage loans, which may limit its appeal for individuals prioritizing traditional banking services. However, both Charles Schwab and Interactive Brokers offer certificates of deposit (CDs), providing a shared investment opportunity for clients seeking to diversify their portfolios with secure, fixed-term investments. Ultimately, Charles Schwab stands out for its extensive range of banking products that accommodate various financial needs beyond investment accounts.
Feature |
Charles Schwab
|
Interactive Brokers
|
---|---|---|
Checking Accounts | Yes | No |
Savings Accounts | Yes | No |
Debit Cards | Yes | No |
Credit Cards | Yes | No |
Mortgage Loans | Yes | No |
CDs | Yes | Yes |
Dive deeper: Best Bank Accounts for Trading Stocks for 2024
After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that Charles Schwab is better than Interactive Brokers. Charles Schwab finished with an overall score of 96.6%, while Interactive Brokers finished with a score of 93.5%.
With the addition of TD Ameritrade's thinkorswim platforms and the enhancement of several features, Schwab is now a vigorous competitor with thought-provoking research and commentary and a client experience to fit any preference.
When comparing online brokers, Charles Schwab does not offer crypto trading, whereas Interactive Brokers allows trading for four different cryptocurrencies, making it a more comprehensive choice for investors interested in digital assets.
Dive deeper: Best Online Brokers for Crypto Trading in 2024
Both Charles Schwab and Interactive Brokers provide options for traditional and Roth IRA accounts without any annual fees or closure charges, offering affordable and flexible retirement savings solutions for investors.
Dive deeper: Best IRA Accounts for 2024
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0 of 5Overall Rating | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Customer Service | |||
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | Charles Schwab Review | Interactive Brokers Review |
Broker Screenshots | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Trading Platform & Tools Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Mobile Trading Apps Gallery (click to expand) | |||
Education Gallery (click to expand) |
Trading Fees | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Minimum Deposit | $0.00 | $0.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | $6.95 | $0.01 | |
Mutual Fund Trade Fee | Varies | $14.95 | |
Options (Per Contract) | $0.65 | $0.65 | |
Futures (Per Contract) | $2.25 | $0.85 | |
Broker Assisted Trade Fee | $25 | Varies |
Margin Rates | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Margin Rate Under $25,000 | 13.575% | 7.33% | |
Margin Rate $25,000 to $49,999.99 | 13.075% | 7.33% | |
Margin Rate $50,000 to $99,999.99 | 12.125% | 7.33% | |
Margin Rate $100,000 to $249,999.99 | 12.075% | 7.33% | |
Margin Rate $250,000 to $499,999.99 | 11.825% | 7.33% | |
Margin Rate $500,000 to $999,999.99 | Varies | 7.33% | |
Margin Rate Above $1,000,000 | Varies | 7.33% |
Account Fees | Charles Schwab | Interactive Brokers | |
---|---|---|---|
IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $0.00 | |
Account Transfer Out (Partial) | $0.00 | $0.00 | |
Account Transfer Out (Full) | $50.00 | $0.00 | |
Options Exercise Fee | $0.00 | $0.00 | |
Options Assignment Fee | $0.00 | $0.00 |
Investment Options | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Margin Trading | Yes | Yes | |
Fractional Shares | Yes | Yes | |
OTC Stocks | Yes | Yes | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 6 | |
Futures Trading | Yes | Yes | |
Forex Trading | Yes | Yes | |
Crypto Trading | No | Yes | |
Crypto Trading - Total Coins | 0 | 4 | |
Mutual Funds (No Load) | 15163 | 10988 | |
Mutual Funds (Total) | 18145 | 11456 | |
Bonds (US Treasury) | Yes | Yes | |
Bonds (Corporate) | Yes | Yes | |
Bonds (Municipal) | Yes | Yes | |
Traditional IRAs | Yes | Yes | |
Roth IRAs | Yes | Yes | |
Advisor Services | Yes | No | |
International Countries (Stocks) | 12 | 34 |
Order Types | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Order Type - Market | Yes | Yes | |
Order Type - Limit | Yes | Yes | |
Order Type - After Hours | Yes | Yes | |
Order Type - Stop | Yes | Yes | |
Order Type - Trailing Stop | Yes | Yes | |
Order Type - OCO | Yes | Yes | |
Order Type - OTO | Yes | Yes | |
Order Type - Broker Assisted | Yes | Yes |
Beginners | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Education (Stocks) | Yes | Yes | |
Education (ETFs) | Yes | Yes | |
Education (Options) | Yes | Yes | |
Education (Mutual Funds) | Yes | Yes | |
Education (Bonds) | Yes | Yes | |
Education (Retirement) | Yes | Yes | |
Retirement Calculator | Yes | Yes | |
Investor Dictionary | Yes | Yes | |
Paper Trading | Yes | Yes | |
Videos | Yes | Yes | |
Webinars | Yes | Yes | |
Webinars (Archived) | Yes | Yes | |
Progress Tracking | Yes | Yes | |
Interactive Learning - Quizzes | Yes | Yes |
Stock Trading Apps | Charles Schwab | Interactive Brokers | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | Yes | Yes | |
Trading - Stocks | Yes | Yes | |
Trading - After-Hours | Yes | Yes | |
Trading - Simple Options | Yes | Yes | |
Trading - Complex Options | Yes | Yes | |
Order Ticket RT Quotes | Yes | Yes | |
Order Ticket SRT Quotes | No | Yes |
Stock App Features | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | Yes | Yes | |
Videos on Demand | Yes | Yes | |
Stock Alerts | Yes | Yes | |
Option Chains Viewable | Yes | Yes | |
Watch List (Real-time) | Yes | Yes | |
Watch List (Streaming) | Yes | Yes | |
Watch Lists - Create & Manage | Yes | Yes | |
Watch Lists - Column Customization | Yes | Yes |
Stock App Charting | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Charting - After-Hours | No | Yes | |
Charting - Can Turn Horizontally | Yes | Yes | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 373 | 97 | |
Charting - Study Customizations | Yes | Yes | |
Charting - Stock Comparisons | Yes | No |
Trading Platforms | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Active Trading Platform | thinkorswim | Trader Workstation (TWS) | |
Desktop Trading Platform | Yes | Yes | |
Desktop Platform (Mac) | Yes | Yes | |
Web Trading Platform | Yes | Yes | |
Paper Trading | Yes | Yes | |
Trade Journal | Yes | Yes | |
Watch Lists - Total Fields | 580 | 659 |
Stock Chart Features | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Charting - Adjust Trades on Chart | Yes | Yes | |
Charting - Indicators / Studies | 374 | 155 | |
Charting - Drawing Tools | 24 | 85 | |
Charting - Notes | Yes | Yes | |
Charting - Index Overlays | Yes | Yes | |
Charting - Historical Trades | Yes | Yes | |
Charting - Corporate Events | Yes | Yes | |
Charting - Custom Date Range | Yes | Yes | |
Charting - Custom Time Bars | Yes | Yes | |
Charting - Automated Analysis | Yes | Yes | |
Charting - Save Profiles | Yes | Yes | |
Trade Ideas - Technical Analysis | Yes | Yes | |
Charting - Study Customizations | 35 | 6 | |
Charting - Custom Studies | Yes | No |
Day Trading | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Streaming Time & Sales | Yes | Yes | |
Streaming TV | Yes | Yes | |
Direct Market Routing - Stocks | Yes | Yes | |
Ladder Trading | Yes | Yes | |
Trade Hotkeys | Yes | Yes | |
Level 2 Quotes - Stocks | Yes | Yes | |
Trade Ideas - Backtesting | Yes | Yes | |
Trade Ideas - Backtesting Adv | Yes | Yes | |
Short Locator | Yes | Yes | |
Order Liquidity Rebates | No | Yes |
Research Overview | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | Yes | Yes | |
Research - Pink Sheets / OTCBB | Yes | Yes | |
Research - Bonds | Yes | Yes | |
Screener - Stocks | Yes | Yes | |
Screener - ETFs | Yes | Yes | |
Screener - Mutual Funds | Yes | Yes | |
Screener - Bonds | Yes | Yes | |
Misc - Portfolio Allocation | Yes | Yes |
Stock Research | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Stock Research - PDF Reports | 7 | 15 | |
Stock Research - Earnings | Yes | Yes | |
Stock Research - Insiders | Yes | Yes | |
Stock Research - Social | Yes | Yes | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | Yes | Yes | |
Stock Research - SEC Filings | Yes | Yes |
ETF Research | Charles Schwab | Interactive Brokers | |
---|---|---|---|
ETFs - Strategy Overview | Yes | Yes | |
ETF Fund Facts - Inception Date | Yes | Yes | |
ETF Fund Facts - Expense Ratio | Yes | Yes | |
ETF Fund Facts - Net Assets | Yes | Yes | |
ETF Fund Facts - Total Holdings | Yes | Yes | |
ETFs - Top 10 Holdings | Yes | Yes | |
ETFs - Sector Exposure | Yes | Yes | |
ETFs - Risk Analysis | Yes | Yes | |
ETFs - Ratings | Yes | Yes | |
ETFs - Morningstar StyleMap | Yes | Yes | |
ETFs - PDF Reports | Yes | Yes |
Mutual Fund Research | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Mutual Funds - Strategy Overview | Yes | Yes | |
Mutual Funds - Performance Chart | Yes | Yes | |
Mutual Funds - Performance Analysis | Yes | Yes | |
Mutual Funds - Prospectus | Yes | Yes | |
Mutual Funds - 3rd Party Ratings | Yes | Yes | |
Mutual Funds - Fees Breakdown | Yes | Yes | |
Mutual Funds - Top 10 Holdings | Yes | Yes | |
Mutual Funds - Asset Allocation | Yes | Yes | |
Mutual Funds - Sector Allocation | Yes | Yes | |
Mutual Funds - Country Allocation | Yes | Yes | |
Mutual Funds - StyleMap | Yes | Yes |
Options Trading | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Option Chains - Basic View | Yes | Yes | |
Option Chains - Strategy View | Yes | Yes | |
Option Chains - Streaming | Yes | Yes | |
Option Chains - Total Columns | 31 | 40 | |
Option Chains - Greeks | 5 | 5 | |
Option Chains - Quick Analysis | Yes | Yes | |
Option Analysis - P&L Charts | Yes | Yes | |
Option Probability Analysis | Yes | Yes | |
Option Probability Analysis Adv | Yes | Yes | |
Option Positions - Greeks | Yes | Yes | |
Option Positions - Greeks Streaming | Yes | Yes | |
Option Positions - Adv Analysis | Yes | Yes | |
Option Positions - Rolling | Yes | Yes | |
Option Positions - Grouping | Yes | Yes |
Banking | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Bank (Member FDIC) | Yes | No | |
Checking Accounts | Yes | No | |
Savings Accounts | Yes | No | |
Credit Cards | Yes | No | |
Debit Cards | Yes | No | |
Mortgage Loans | Yes | No |
Customer Service | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Phone Support (Prospect Customers) | Yes | Yes | |
Phone Support (Current Customers) | Yes | Yes | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | No | No | |
Live Chat (Current Customers) | Yes | Yes | |
24/7 Support | Yes | No |
Overall | Charles Schwab | Interactive Brokers | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | Charles Schwab Review | Interactive Brokers Review |