The StockBrokers.com 2017 Brokerage Review assessed 16 different brokers over six months, surfacing the best online stock brokers
. This review compares Charles Schwab vs Just2Trade. Is Charles Schwab or Just2Trade a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Charles Schwab charges $4.95 per stock trade which is $2.45 more than Just2Trade which charges customers $2.50 per trade. Looking at trading options, Just2Trade's base fee is $2.50 while Charles Schwab's is $4.95. Just2Trade's per contract rate of $0.50 is less than Charles Schwab which charges $0.65. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews
For our next comparison of these two brokers, being able to trade the way you want is a must. Both Charles Schwab and Just2Trade support Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Just2Trade trails Charles Schwab by 2,165 total mutual funds, with Charles Schwab offering 5165 and Just2Trade offering 3000. Commission free ETFs can also be a nice plus, Charles Schwab offers 229 commission free ETFs versus Just2Trade's total of 0.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Just2Trade offers virtual trading while Charles Schwab does not. For mobile trading, Just2Trade offers the iPhone App and Android App while Charles Schwab offers the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Clients can have Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans at Charles Schwab while customers at Just2Trade can have none of these. On the whole, when it comes to tools, research, and mobile trading, Charles Schwab finished with awards Best in Class - Platforms & Tools and Best in Class - Research in 2017, while Just2Trade came up with none of these.
Overall, Charles Schwab takes the upper hand with 4.50 stars over Just2Trade's 2.50 stars.