Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker. Yielding a database of over 4,000 data points, let's compare Charles Schwab vs Just2Trade.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. Just2Trade charges more than Charles Schwab for placing regular stock trades ($2.50 and $0, respectively). For options trading, Just2Trade has a base fee of $2.50, and Charles Schwab a base fee of $0. Option contracts are pricier at Charles Schwab, costing $0.65 versus $0.50 at Just2Trade. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review.
Next to commission rates, being able to trade what you want is important. Charles Schwab alongside Just2Trade offer clients Stock Trading, Options Trading, Mutual Funds and Futures Trading. Looking at mutual funds, Charles Schwab boasts an offering of 5846 mutual funds compared to Just2Trade's 3000 available funds.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Just2Trade has virtual trading, Charles Schwab doesn't. Taking a look at mobile trading, Just2Trade supports the iPhone App and Android App while Charles Schwab supports the iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are available to clients of Charles Schwab while Just2Trade offers customers none of these.
Overall, between Charles Schwab and Just2Trade, Charles Schwab is the winner.
Charles Schwab Review