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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

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Broker 2
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FP Markets

fpmarkets.com

CFD BrokerMulti Asset BrokerStock CFD
Charles Schwab

schwab.com

Stock BrokerETF BrokerMutual Fund
Decision summary
Overall score
82
91
Trust score
90
100
Cost score
68
92
Platform score
94
94
Withdrawal score
68
89
Best for
Potentially suitable for active forex/CFD traders seeking low-spread Raw pricing and MetaTrader/cTrader/TradingView access, but entity-specific protections, regional onboarding an…
Best suited for U.S.-centric investors and active traders who want a large, bank-affiliated multi-asset brokerage with $0 online listed stock/ETF commissions, strong platform dept…
Watch out
Needs verification
Needs verification
Trust & regulation
Regulators
ASIC, CySEC, FSCA South Africa, FSA Seychelles, CMA Kenya
Source
SEC; FINRA; SIPC; CFTC; NFA; FDIC
Source
License numbers
ASIC AFS 286354; CySEC 371/18; FSCA FSP 50926; Seychelles FSA SD130; Kenya CMA 193; Saint Lucia registration 2025-00853; Seychelles company registration 8426368-1.
Source
Charles Schwab & Co., Inc. CRD 5393; SEC 801-29938 and 8-16514
Source
Regulated entities
First Prudential Markets Pty Ltd (ASIC AFS 286354); First Prudential Markets Limited (Seychelles FSA SD130); FP Markets (Pty) Ltd (FSCA FSP 50926); First Prudential Markets Ltd (CySEC 371/18); FP Markets Ltd (Saint Lucia registration 2025-00853).
Source
Charles Schwab & Co., Inc.; Charles Schwab Futures and Forex LLC; Charles Schwab Bank, SSB; Charles Schwab Premier Bank, SSB
Source
Negative balance protection
FP Markets states it offers Negative Balance Protection whereby the client cannot lose more than their balance; availability may depend on entity/account type.
Source
Not disclosed as retail brokerage negative balance protection; futures/forex are leveraged and losses may exceed initial investment.
Source
Investor compensation
Not disclosed in checked official FP Markets pages; potential protections may depend on regulated entity and jurisdiction.
Source
SIPC protection up to $500,000 including a $250,000 cash limit for brokerage account assets; futures accounts are not protected by SIPC.
Source
Restricted countries
Does not offer services to Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, Russian Federation, Somalia, Syria, Sudan, Yemen, United Kingdom, United States, FATF and EU/UN sanctions-list jurisdictions; page also states FP Markets does not onboard clients who are residents of India.
Source
Not all products, services, or investments are available in all countries; Schwab is not registered outside the United States and products/services may not be registered in a user's jurisdiction.
Source
Costs & account conditions
Minimum deposit
US$100 or equivalent
Source
$0 minimum for standard U.S. brokerage and IRA accounts; Schwab One International accounts require a minimum deposit but amount is not disclosed in checked official pages.
Source
Spread from
From 0.0 pips on Raw accounts; Standard account from 1.0 pips.
Source
Not applicable to this stock/ETF investment broker profile; no CFD/FX spread schedule identified as a core product in reviewed sources.
Source
Commission
Standard: zero commission; Raw: US$3 per side per lot.
Source
stock_commission: $0 online commission for listed stocks and ETFs; OTC equities $6.95; broker-assisted service charge $25; etf_commission: $0 online commission for listed U.S.-exchange ETFs; options_commission: $0 online base commission plus $0.65 per options contract; futures_commission: $2.25 per contract, per side, for futures and futures options; exchange, regulatory, overnight, NFA, and market-data fees may apply; mutual_fund_commission: $0 on thousands of Schwab Mutual Fund OneSource funds; all other mutual funds up to $74.95 per purchase; bond_commission: New-issue bonds/CDs: $0 online/selling concession included; Treasuries online $0; most other secondary bonds $1 per bond with $10 minimum and $250 maximum; forex_commission: $0 commission; forex trade costs are reflected in the bid/ask spread
Source
Maximum leverage
Maximum leverage 1:500 on the South Asia/non-EU account-types page; leverage is jurisdiction- and client-class dependent.
Source
Not disclosed as a single broker-level maximum; leverage/margin depends on product, account approval, and regulatory/product requirements.
Source
Deposit fee
No deposit fees when using Skrill or Neteller; other funding terms/fees are method-dependent and subject to change.
Source
$0 for funds entering a standard brokerage account; banking deposit services generally no monthly/account minimum fees, but certain services can have fees
Source
Withdrawal fee
Not disclosed in checked extracted official sources; transaction-fees page indicates deposit/withdrawal terms are method-dependent and subject to change.
Source
No fee for routine withdrawals from standard brokerage per FAQ; full outbound ACAT $50 and outgoing wire $25; Schwab Bank Investor Checking has unlimited ATM fee rebates for cash withdrawals worldwide, subject to conditions.
Source
Inactivity fee
Not disclosed in checked extracted official sources.
Source
$0 annual maintenance/inactivity fee for standard brokerage accounts
Source
Markets, platforms & payments
Tradable assets
Forex, shares/stock CFDs, metals, commodities, indices, bonds, ETFs and digital currencies; 10,000+ CFDs/instruments stated on official pages.
Source
Stocks; fractional shares; ETFs; mutual funds; bonds/CDs/fixed income; money market funds; options; futures; futures options; forex; international stocks/ADRs/foreign ordinaries; cash products; annuities; alternatives; crypto ETPs/securities/futures.
Source
Trading platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, Mobile App and Iress.
Source
Schwab.com; Schwab Mobile; thinkorswim desktop; thinkorswim web; thinkorswim mobile; paperMoney
Source
Account types
Standard, Raw, Islamic/swap-free option, and professional account subject to eligibility.
Source
Individual Brokerage; Joint Brokerage; Schwab One Brokerage; Investor Checking-linked brokerage; Futures Account; Global Account; IRAs; custodial, education, trust, estate, organization, and business retirement accounts; Schwab Intelligent Portfolios.
Source
Deposit methods
Bank transfer, major credit/debit cards, digital currency wallets/cryptocurrencies, local funding methods, Skrill, Neteller and broker-to-broker transfers.
Source
ACH/electronic transfer/MoneyLink; wire transfer; check/mail check; Schwab Mobile Deposit for checking; direct deposit for checking; account transfer/ACAT; branch/in-person deposit where available.
Source
Withdrawal methods
Withdrawal methods are referenced on the official transaction-fees page, but a detailed withdrawal-method table was not available in extracted content.
Source
Transfer to linked bank/checking; wire transfer; check; ATM/debit card for Schwab Bank Investor Checking; ACAT outbound account transfer.
Source
Withdrawal processing time
Not disclosed in checked extracted official sources.
Source
Cash moved from brokerage to linked Investor Checking is generally available in seconds, but weekend/after-hours transfers may not be available until the next business day; other withdrawal methods vary/not fully disclosed on checked pages.
Source

BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.