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Broker 2
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Trading 212

trading212.com

Stock BrokerETF BrokerStock CFD
Charles Schwab

schwab.com

Stock BrokerETF BrokerMutual Fund
Decision summary
Overall score
82
91
Trust score
87
100
Cost score
84
92
Platform score
78
94
Withdrawal score
80
89
Best for
Beginner and intermediate stock/ETF investors · UK investors eligible for ISA/SIPP products · Mobile-first users seeking low headline commissions
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
FCA; BaFin; CySEC; ASIC; Bulgaria Financial Supervision Commission
Source
SEC; FINRA; SIPC; CFTC; NFA; FDIC
Source
License numbers
FCA 609146; BaFin 10109603; CySEC 398/21; ASIC AFSL 541122; Bulgaria FSC RG-03-0237
Source
Charles Schwab & Co., Inc. CRD 5393; SEC 801-29938 and 8-16514
Source
Regulated entities
Trading 212 UK Ltd.; Trading 212 Markets Ltd.; Trading 212 EU GmbH; Trading 212 AU PTY LTD; Trading 212 Ltd.
Source
Charles Schwab & Co., Inc.; Charles Schwab Futures and Forex LLC; Charles Schwab Bank, SSB; Charles Schwab Premier Bank, SSB
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Negative balance protection
Retail CFD negative balance protection applies; Trading 212 says retail clients cannot lose more than funds deposited and negative balances are adjusted to zero. AU protection is explicitly per AU CFD account.
Source
Not disclosed as retail brokerage negative balance protection; futures/forex are leveraged and losses may exceed initial investment.
Source
Investor compensation
Entity-dependent: UK investment protection FSCS up to GBP 85,000; UK partner-bank deposit protection up to GBP 120,000 per banking group; Cyprus/Bulgaria ICF and German EdW up to 90% limited to EUR 20,000; Germany bank deposit protection up to EUR 100,000 per person per partner bank.
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
Not directed at residents of the United States, Canada and Belgium; other jurisdictions may also be restricted where distribution/use would be contrary to local law or regulation.
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
Invest/ISA terms show £1 minimum deposit where available; CFD terms show £10/€10/$10; Crypto terms/help show €1/$1. Minimum depends on region and account type.
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
CFD spreads are dynamic and change depending on underlying market conditions; average spread is shown per instrument on Trading 212's CFD instruments page/app.
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
Invest/ISA/SIPP trading commission is free; CFD trading commission is free; FX/spread/overnight and third-party costs may apply.
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
Retail CFD leverage/margin: major currency pairs 1:30; minor currency pairs/gold/major indices 1:20; other commodities/minor indices 1:10; stocks and ETFs 1:5; crypto-asset CFDs 1:2 for Australian retail clients. Professional-account terms may differ.
Source
Not disclosed as a single broker-level maximum; leverage/margin depends on product, account approval, and regulatory/product requirements.
Source
Deposit fee
Bank transfers and instant bank transfers remain free. Card, Google Pay, Apple Pay, OpenBankingPL or Klarna deposits to Invest/ISA are fee-free until cumulative GBP/EUR 2,000; after that 0.7%. CFD deposits remain fee-free.
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
Trading 212 does not charge withdrawal fees; receiving banks/payment processors may charge their own fees outside Trading 212's control.
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
No inactivity fees associated with a Trading 212 account.
Source
$0 annual maintenance/inactivity fee for standard brokerage accounts
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Markets, platforms & payments
Tradable assets
Invest and Stocks ISA: ordinary shares, preferred shares, ETFs, ETPs, ETCs, REITs and investment trusts. CFD: forex, stocks, ETFs, index futures, commodity futures, forex futures, treasury futures and cryptocurrencies where available.
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
Trading 212 proprietary web and mobile apps; official site prompts users to get the app and open/log in online; app store pages are linked via Trading 212 GetTheApp.
Source
Schwab.com; Schwab Mobile; thinkorswim desktop; thinkorswim web; thinkorswim mobile; paperMoney
Source
Account types
Invest, Stocks ISA, SIPP, CFD, Cash ISA, Crypto, and card-related services; availability depends on profile and jurisdiction.
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.
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Deposit methods
Bank transfers, instant bank transfers, card payments, OnlineBankingPL, Carte Bancaire, Blik, Direct eBanking, Apple/Google Pay and iDEAL; availability varies by region/account type.
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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
Withdrawals are made in-app by selecting an account, amount and payment method; exact methods depend on previously verified/available payment methods and region/account type.
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
Withdrawals may take up to three business days after execution; pending withdrawals awaiting settlement can take 1–2 business days before processing; SWIFT/some card payouts may take 2–3 business days.
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.