Charles Schwab vs Firstrade 2013 Review
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Featured
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| Open Account |
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| Current Offers | Special Offer: Receive 250 free trades and up to $250 cash - Learn More | |
| Broker Reviews | Read full review › | Read full review › |
Fees |
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| Flat-Fee Trade Plan* | $6.95 | $8.95 |
| Per-Share Trade Plan | N/A | N/A |
| Mutual Fund Trade Fee* | $9.95 | $76.00 |
| Options Trade Base | $6.95 | $8.95 |
| Options Per Contract | $0.75 | $0.75 |
| Options Exercise Fee | $16.95 | $8.95 |
| Options Assignment Fee | $16.95 | $8.95 |
| Broker Assisted Trades | $26.95 | $25.00 |
| Minimum Deposit | $0.00 | $1,000.00 |
2013 Review Ratings |
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| Investment Offering |
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| Education |
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Account Features |
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| Virtual Trading | ||
| No Minimum Deposit |
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| No Maintenance Fees |
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| No-Fee IRAs |
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| Online Trader Community |
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| Investment Education |
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| Live Seminars |
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Mobile Trading |
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| iPhone App |
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| iPad App |
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| Android App |
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| Mobile Site |
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Trade Types |
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| Stock Trading |
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| Options Trading |
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| Mutual Funds |
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Banking Features |
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| Checking Accounts |
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| Mortgage Loans |
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Margin Rates |
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| Under $25k | 7.75% | 8.50% |
| $25k to $49k | 7.75% | 8.00% |
| $50k to $99k | 7.50% | 7.00% |
| $100k to $249k | 6.75% | 6.88% |
| $250k to $499k | 6.25% | 6.75% |
| $500k to $999k | 5.50% | 6.75% |
| Above $1,000,000 | 5.00% | 6.25% |
Recap |
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| Open Account |
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| Current Offers | Special Offer: Receive 250 free trades and up to $250 cash - Learn More | |
| Broker Reviews | Read full review › | Read full review › |
Firstrade vs Charles Schwab
StockBrokers.com 2013 review compares Charles Schwab vs Firstrade. Compare Charles Schwab and Firstrade trade commissions, fees and overall broker ratings by using the chart above. Is Charles Schwab or Firstrade 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 $2.00 difference in the per trade stock price for Charles Schwab and Firstrade. Firstrade's per trade stock price of $6.95 is a little less than Charles Schwab's per trade stock price of $8.95.
The Charles Schwab's "Overall" rating of 4 stars is a slight advantage over Firstrade's "Overall" rating of 3 stars.
Only Charles Schwab has an iPad app for tablet trading while Firstrade does not support the device at this time. You can find the app in the iTunes app store. Both Charles Schwab and Firstrade have an iPhone App for mobile trading.
