Charles Schwab
Go Markets
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Overview
Charles Schwab was founded in 2010 and is headquartered in United States, while Go Markets was established in 2009 and is based in Australia. Charles Schwab holds licences including Commodity Futures Trading Commission (CFTC), while Go Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Charles Schwab serves 10,000+ clients worldwide; Go Markets has 10,000+. The minimum deposit is $25 at Charles Schwab and $1 at Go Markets.
| Feature | Charles Schwab | Go Markets |
|---|---|---|
| Min. Deposit | $25 | $1 |
| Regulation | Commodity Futures Trading Commission (CFTC) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2010 | 2009 |
| Country | United States | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Charles Schwab and Go Markets, directly affecting your bottom line as a trader. Go Markets has a lower barrier to entry with a minimum deposit of $1 (vs $25 at Charles Schwab). Both brokers charge withdrawal fees. Charles Schwab applies inactivity fees on dormant accounts; Go Markets does not. The two brokers are broadly comparable on fee structure.
| Feature | Charles Schwab | Go Markets |
|---|---|---|
| Min. Deposit | $25 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Charles Schwab offers MT4, MT5, cTrader, while Go Markets supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Charles Schwab edges ahead on platform breadth and functionality in our scoring.
| Feature | Charles Schwab | Go Markets |
|---|---|---|
| MT4 | Yes | No |
| 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, Binary, 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 Go Markets compare. Go Markets runs regular live webinars; Charles Schwab does not. Both provide video tutorials. Go Markets publishes daily market commentary; Charles Schwab does not. Both integrate third-party research tools. Go Markets maintains an archive of past webinars for on-demand viewing. Go Markets scores higher overall in education and research.
| Feature | Charles Schwab | Go Markets |
|---|---|---|
| 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 Go Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Charles Schwab | Go Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| 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. Both Charles Schwab and Go Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Charles Schwab | Go Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |