Charles Schwab vs Questrade 2013 Review
Poor
Mediocre
Good
Excellent
Outstanding
Featured
|
|
|
|---|---|---|
| Open Account |
|
|
| Current Offers | Special Offer: $50 trade commission rebate - Learn More | |
| Broker Reviews | Read full review › | Read full review › |
Fees |
||
| Flat-Fee Trade Plan* | $4.95 | $8.95 |
| Per-Share Trade Plan | N/A | N/A |
| Mutual Fund Trade Fee* | $9.95 | $76.00 |
| Options Trade Base | $9.95 | $8.95 |
| Options Per Contract | $1.00 | $0.75 |
| Options Exercise Fee | N/A | $8.95 |
| Options Assignment Fee | N/A | $8.95 |
| Broker Assisted Trades | N/A | $25.00 |
| Minimum Deposit | $1,000.00 | $1,000.00 |
2013 Review Ratings |
||
| Overall |
|
|
| Commissions & Fees |
|
|
| Customer Service |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Ease of Use |
|
|
| Investment Offering |
|
|
| Education |
|
|
| Mobile Trading |
|
|
Brokers |
||
|
|
|
|
Account Features |
||
| Virtual Trading | ||
| No Minimum Deposit | ||
| No Maintenance Fees |
|
|
| No-Fee IRAs |
|
|
| Online Trader Community |
|
|
| Investment Education |
|
|
| Live Seminars |
|
|
Mobile Trading |
||
| iPhone App |
|
|
| iPad App |
|
|
| BlackBerry App | ||
| Android App |
|
|
| Mobile Site |
|
|
Trade Types |
||
| Stock Trading |
|
|
| Options Trading |
|
|
| Mutual Funds |
|
|
| FOREX Trading |
|
|
| Futures Trading | ||
Banking Features |
||
| Checking Accounts |
|
|
| Savings Accounts |
|
|
| Credit Card Accounts | ||
| Debit Card Accounts |
|
|
| Mortgage Loans |
|
|
Margin Rates |
||
| Under $25k | 0.00% | 8.50% |
| $25k to $49k | 0.00% | 8.00% |
| $50k to $99k | 0.00% | 7.00% |
| $100k to $249k | 0.00% | 6.88% |
| $250k to $499k | 0.00% | 6.75% |
| $500k to $999k | 0.00% | 6.75% |
| Above $1,000,000 | 0.00% | 6.25% |
Recap |
||
|
|
|
|
| Open Account |
|
|
| Current Offers | Special Offer: $50 trade commission rebate - Learn More | |
| Broker Reviews | Read full review › | Read full review › |
Questrade vs Charles Schwab
StockBrokers.com 2013 review compares Charles Schwab vs Questrade. Compare Charles Schwab and Questrade trade commissions, fees and overall broker ratings by using the chart above. Is Charles Schwab or Questrade 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 significant price difference of $4.00 per stock trade between Charles Schwab and Questrade. Charles Schwab's per trade stock price of 8.95 is significantly higher than Questrade's per trade stock price of 4.95.
The "Overall" ratings for Charles Schwab and Questrade are equally matched at 4 stars.
Only Charles Schwab has an iPad app for tablet trading while Questrade does not support the device at this time. You can find the app in the iTunes app store. Both Charles Schwab and Questrade have an iPhone App for mobile trading.
