Using data from the StockBrokers.com 2017 Broker Rankings
, we can compare Charles Schwab vs Just2Trade to determine which broker is better for you. Our database includes thousands of data points on everything from research to trading tools. Let's take a closer look at Charles Schwab and Just2Trade.
First we will break down the commission charges of both brokers for placing stock and options trades. Charles Schwab charges $4.95 per stock trade which is $2.45 more than Just2Trade which charges clients $2.50 per trade. For options trading, Charles Schwab has a base fee of $4.95, and Just2Trade a base fee of $2.50. Each contract then costs $0.65 at Charles Schwab and $0.50 at Just2Trade for a difference in price of $0.15 per contract. Note that flat rate trading is not available everywhere though, so it is important to read the complete commission notes for each broker to know the full breakdown (go to any stock broker review
page, then scroll down to the "Commission Notes" section).
Trading fees aside, having access to trade what you want is also an important consideration. Both Charles Schwab and Just2Trade support Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, Just2Trade trails Charles Schwab by 2,165.00 total funds, with Charles Schwab offering 5165 and Just2Trade offering 3000. And, commission free ETFs deserve a mention, with Just2Trade falling behind Charles Schwab, offering 0 commission free etfs compared to Charles Schwab's 229.
Finally, by looking at the most popular features and offerings of each broker, we can really see the differences between the two. Just2Trade has virtual trading, Charles Schwab doesn't. For mobile trading, Just2Trade supports the iPhone App and Android App while Charles Schwab supports the iPhone App, iPad App and Android App. Online banking is also used by many clients, and multiple brokerages provide these services. Clients can have Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans at Charles Schwab while clients at Just2Trade can have none of these. All things considered, when it comes to platform tools, research, and trading via smartphone, Charles Schwab posted awards for Best in Class - Platforms & Tools and Best in Class - Research in 2014, while Just2Trade found itself with none of these.
Overall, Charles Schwab boasts 4.50 stars versus Just2Trade's 2.50 stars.