Charles Schwab
easyMarkets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Charles Schwab was founded in 2010 and is headquartered in United States, while easyMarkets was established in 2003 and is based in Cyprus, Australia. Charles Schwab holds licences including Commodity Futures Trading Commission (CFTC), while easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Charles Schwab serves 10,000+ clients worldwide; easyMarkets has 142,500+. The minimum deposit is $25 at Charles Schwab and $100 at easyMarkets.
| Feature | Charles Schwab | easyMarkets |
|---|---|---|
| Min. Deposit | $25 | $100 |
| Regulation | Commodity Futures Trading Commission (CFTC) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 2010 | 2003 |
| Country | United States | Cyprus, Australia |
| Clients | 10,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between Charles Schwab and easyMarkets, directly affecting your bottom line as a trader. easyMarkets has a lower barrier to entry with a minimum deposit of $100 (vs $25 at Charles Schwab). Charles Schwab charges withdrawal fees while easyMarkets does not, a notable advantage for frequent withdrawers. Charles Schwab applies inactivity fees on dormant accounts; easyMarkets does not. Overall, Charles Schwab scores higher on fees in our assessment.
| Feature | Charles Schwab | easyMarkets |
|---|---|---|
| Min. Deposit | $25 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Charles Schwab offers MT4, MT5, cTrader, while easyMarkets supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | Charles Schwab | easyMarkets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android,WEB,Desktop,iPhone,Mac | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Charles Schwab and easyMarkets compare. easyMarkets runs regular live webinars; Charles Schwab does not. Both provide video tutorials. easyMarkets publishes daily market commentary; Charles Schwab does not. Both integrate third-party research tools. easyMarkets maintains an archive of past webinars for on-demand viewing. easyMarkets scores higher overall in education and research.
| Feature | Charles Schwab | easyMarkets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Charles Schwab accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while easyMarkets supports 4 (bank transfer, credit/debit card, Skrill, Neteller). easyMarkets uniquely supports Skrill and Neteller among the two brokers. easyMarkets scores higher on deposit and withdrawal flexibility.
| Feature | Charles Schwab | easyMarkets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Charles Schwab and easyMarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Charles Schwab supports 2 languages and easyMarkets supports 5, giving easyMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | Charles Schwab | easyMarkets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, Arabic, Chinese, Spanish and Polish |