The StockBrokers.com annual broker review assesses more than a dozen 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, with its regular stock trades costing $4.95, is more expensive than Just2Trade's rate of $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 2,509 total mutual funds, with Charles Schwab offering 5509 and Just2Trade offering 3000. Commission free ETFs can also be a nice plus, with Just2Trade falling behind Charles Schwab, offering 0 commission free ETFs compared to Charles Schwab's 244.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Just2Trade has virtual trading, Charles Schwab doesn't. For mobile trading, Just2Trade offer clients access to an iPhone App and Android App while Charles Schwab has an iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are offered by Charles Schwab while Just2Trade offers none of these. On the whole, when it comes to tools, research, and mobile trading, Charles Schwab posted awards Best in Class - Platforms & Tools and Best in Class - Research in 2018, while Just2Trade found itself with none of these.
Overall, Charles Schwab takes the upper hand with 4.50 stars over Just2Trade's 2.50 stars.