Charles Schwab vs Etrade 2013 Review

star Poor

star star Mediocre

star star star Good

star star star star Excellent

star star star star star Outstanding

trophy Featured

Etrade
Charles Schwab
Open Account Open Account
Current Offers Special Offer: Trade free for 60 days + Get up to $500 - Learn More
Broker Reviews Read full review › Read full review ›

Fees

Flat-Fee Trade Plan* $9.99 $8.95
Per-Share Trade Plan N/A N/A
Mutual Fund Trade Fee* $19.99 $76.00
Options Trade Base $9.99 $8.95
Options Per Contract $0.75 $0.75
Options Exercise Fee $19.99 $8.95
Options Assignment Fee $19.99 $8.95
Broker Assisted Trades $25.00 $25.00
Minimum Deposit $500.00 $1,000.00

2013 Review Ratings

Overall star star star star star star star star
Commissions & Fees star star star star
Customer Service star star star Star star star star star
Platform & Tools star star star star star star star Star
Research star star star star Star star star star star Star
Ease of Use star star star star Star star star star star
Investment Offering star star star star star star star star Star
Education star star star star Star star star star star
Mobile Trading star star star star Star star star star Star

Brokers

Etrade Charles Schwab

Account Features

Virtual Trading
No Minimum Deposit
No Maintenance Fees check check
No-Fee IRAs check check
Online Trader Community check check
Investment Education check check
Live Seminars check check

Mobile Trading

iPhone App check check
iPad App check check
BlackBerry App check
Android App check check
Mobile Site check check

Trade Types

Stock Trading check check
Options Trading check check
Mutual Funds check check
FOREX Trading check
Futures Trading check

Banking Features

Checking Accounts check check
Savings Accounts check
Credit Card Accounts
Debit Card Accounts check check
Mortgage Loans check

Margin Rates

Under $25k 8.44% 8.50%
$25k to $49k 7.94% 8.00%
$50k to $99k 7.44% 7.00%
$100k to $249k 6.14% 6.88%
$250k to $499k 5.14% 6.75%
$500k to $999k 4.14% 6.75%
Above $1,000,000 3.89% 6.25%

Recap

Etrade Charles Schwab
Open Account Open Account
Current Offers Special Offer: Trade free for 60 days + Get up to $500 - Learn More
Broker Reviews Read full review › Read full review ›

Etrade vs Charles Schwab

StockBrokers.com 2013 review compares Charles Schwab vs Etrade. Compare Charles Schwab and Etrade trade commissions, fees and overall broker ratings by using the chart above. Is Charles Schwab or Etrade a better online broker? The StockBrokers.com staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.

There is a $1.04 difference in the per trade stock price for ETRADE and Charles Schwab. Charles Schwab's per trade stock price of $8.95 is a little less than ETRADE's per trade stock price of $9.99.

The "Overall" ratings for Charles Schwab and ETRADE are equally matched at 4 stars.

Both Charles Schwab and ETRADE have an iPhone App for mobile trading. An iPad app for mobile trading on the popular tablet is available for Charles Schwab and ETRADE to download on iTunes.

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