Charles Schwab
Exante
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Overview
Charles Schwab was founded in 2010 and is headquartered in United States, while Exante was established in 2011 and is based in Malta. Charles Schwab holds licences including Commodity Futures Trading Commission (CFTC), while Exante is regulated by Malta Financial Services Authority (MFSA) among others. Charles Schwab serves 10,000+ clients worldwide; Exante has 10,000+. The minimum deposit is $25 at Charles Schwab and $11700 at Exante.
| Feature | Charles Schwab | Exante |
|---|---|---|
| Min. Deposit | $25 | $11700 |
| Regulation | Commodity Futures Trading Commission (CFTC) | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA |
| Founded | 2010 | 2011 |
| Country | United States | Malta |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Charles Schwab and Exante, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $25 at Charles Schwab). Both brokers charge withdrawal fees. Charles Schwab applies inactivity fees on dormant accounts; Exante does not. Overall, Charles Schwab scores higher on fees in our assessment.
| Feature | Charles Schwab | Exante |
|---|---|---|
| Min. Deposit | $25 | $11700 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Charles Schwab offers MT4, MT5, cTrader, while Exante supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Charles Schwab supports social and copy trading features, which Exante does not offer. The two brokers are closely matched on platform offering.
| Feature | Charles Schwab | Exante |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android,WEB,Desktop,iPhone,Mac | MT4, WEB, desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Charles Schwab and Exante compare. Charles Schwab has a video library; Exante does not. Charles Schwab integrates third-party research tools (Autochartist); Exante does not. Exante maintains an archive of past webinars for on-demand viewing. Charles Schwab scores higher overall in education and research.
| Feature | Charles Schwab | Exante |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
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 Exante supports 1 (bank transfer). Charles Schwab uniquely supports credit/debit card among the two brokers. Charles Schwab scores higher on deposit and withdrawal flexibility.
| Feature | Charles Schwab | Exante |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Charles Schwab offers live chat; Exante does not, making Charles Schwab easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Charles Schwab scores higher overall on customer support in our assessment.
| Feature | Charles Schwab | Exante |
|---|---|---|
| Live Chat | Yes | No |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |