This head-to-head pits a century-old U.S. broker against a newer global CFD specialist. The matchup centers on costs, access to international equities, and the depth of trading tools.
Find out which stock broker best suits your investing profile.
Choose if…
Choose ATFX if you want zero minimum deposit and access to MT4/MT5, with regulated oversight by CySEC, FCA, and FSCA. You trade stock CFDs across 200+ global equities, prioritizing institutional-grade execution over real ownership.
Choose if…
Choose Charles Schwab if you want commission-free US stock and ETF trading with no account minimum, plus access to the powerful thinkorswim platform. You also benefit from fractional shares, extensive research tools, and broad market access, supported by SEC and FINRA regulation.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
| Editorial score | 3.7/ 5 | 4.6/ 5 |
|---|---|---|
| Min deposit | No minimum | N/A |
| Spreads from | 1.8 pips | N/A |
| Commission / lot | N/A | N/A |
| Inactivity fee | None | None |
| Deposit fee | Free |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | ATFX | Charles Schwab |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Fail |
| Costs | ||
| Commission-free trading | Fail | Pass |
| No deposit fee | — | Pass |
| Features | ||
| Fractional shares | Fail | Pass |
| Dividend reinvestment (DRIP) | Fail | Pass |
| Extended hours trading | Fail | Pass |
| IPO access | Fail | Pass |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
Charles Schwab rates 4.6/5 versus 3.7/5 for ATFX. Charles Schwab edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
ATFX starts from 1.8. Current spread data is not available for Charles Schwab. Check both brokers' websites for up-to-date spread and commission pricing.
ATFX requires no minimum deposit required. Minimum deposit information is not currently available for Charles Schwab.
Both ATFX and Charles Schwab hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, ATFX provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
ATFX lists maximum leverage of 400:1, while Charles Schwab lists up to 1:4. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
ATFX supports MetaTrader 4, while Charles Schwab supports thinkorswim, Proprietary Web/Mobile. ATFX has exclusive access to MetaTrader 4. Charles Schwab has exclusive access to thinkorswim and Proprietary Web/Mobile.
Charles Schwab offers commission-free stock trading while ATFX does not according to our data. Commission-free trading can reduce costs for frequent traders. Always confirm the current fee structure directly on each broker's website.
ATFX scores higher on investor protection criteria, with compensation scheme coverage and segregated client funds. For stock investors, confirming compensation scheme coverage ensures your assets are protected up to a defined limit if the broker becomes insolvent.
Charles Schwab wins for low cost trading, offering commission-free US stock and ETF trades.
Schwab wins for safety and regulation with SEC and FINRA oversight.
Schwab wins long-term investing with fractional shares, dividend reinvestment, and robust research.
Schwab wins for active traders with thinkorswim and advanced tools.
Schwab wins for beginners with commission-free trades and no account minimum.
ATFX wins for global market access with 200+ stock CFDs across US, UK, EU and Asia.
| Free |
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferACHWire transferCheque |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferACHWire transferCheque |
|---|
| Withdrawal fee | Free | Free ACH; $25 wire transfer |
|---|
| Commission-free | No | Yes |
|---|
| Fractional shares | No | Yes |
|---|
| Dividend reinvestment | No | Yes |
|---|
| Extended hours | No | Yes |
|---|
| IPO access | No | Yes |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | CySEC FSCA FCA | SEC FINRA |
|---|
| Platforms | MetaTrader 4 | thinkorswim Proprietary Web/Mobile |
|---|
| Active bonuses | None | 2 offers |
|---|
Charles Schwab edges ATFX on editorial score, supported by stronger trust/regulation, superior platforms, and commission-free trading.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker