Comparison of Alvexo and Charles Schwab
| Feature | Alvexo | Charles Schwab |
|---|---|---|
| Broker | ||
| Year Founded | 2014 | 1973 |
| Broker Type | STP | DMA |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SFSA | SEC, FINRA, CFTC, NFA, FDIC |
| Platforms | Alvexo WebTrader, Mobile | Thinkorswim, StreetSmart Edge, Schwab Web, Mobile |
| Spread | ⬈ High | ⮕ Average |
| Maximum Leverage | 1:400 | 1:50 |
| Minimum Deposit | $500 | $1 |
| Base Currencies | USD, EUR | USD |
| Funding Methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Wire, ACH (MoneyLink), Mobile Check Deposit, Internal Transfer |
| Inactivity Fee | Tiered up to $2 500/mo after 30 days idle | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | $25 domestic wire ($15 online); $0 ACH |
| Investor Protection | - | SIPC |
| Protection Size | - | $500 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✖ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✖ | ✖ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, Commodities, Cryptocurrencies, Bonds | Stocks, ETFs, Options, Futures, Forex, Bonds, Mutual Funds, Commodities |
| Review | Alvexo Review | Charles Schwab Review |
About Alvexo
Founded in 2014, Alvexo is a multi-asset CFD broker regulated by the Seychelles FSA. Traders get 450+ instruments across FX, stocks, indices, commodities and crypto, plus a proprietary WebTrader and full-featured mobile app. Four live account tiers (Classic to Elite) offer progressively tighter spreads and higher leverage. Education is a key focus: Alvexo Plus delivers daily signals, webinars and market commentary. Despite strong education and platform choice, entry costs are steep: the Classic account starts at $500 and spreads from 2.9 pips; meaningful price-quality improvements demand deposits of $10 000+. A $100 inactivity fee kicks in after one month, and overall pricing is less competitive than top-tier STP brokers.
Pros
- 450+ tradable instruments and multi-asset coverage
- Rich education and daily trading signals
Cons
- High minimum deposits for better pricing
- Wide spreads on Classic account
- Monthly inactivity fee after 1 month
- Offshore FSA licence
- No cent or PAMM/MAM accounts
About Charles Schwab
Charles Schwab is one of the largest U.S. brokers, serving more than 34 million clients with over $9 trillion in assets. Schwab offers zero-commission stock and ETF trades, powerful thinkorswim and StreetSmart Edge platforms, and access to 65+ forex pairs, futures, and 24/5 equity trading. Client assets are protected by SIPC up to $500,000 with additional coverage up to $600 million.
Pros
- Commission-free online stock and ETF trades
- No minimum deposit or inactivity fee
- 65+ forex pairs and 24/5 trading
- Robust research and education tools
- Enhanced SIPC protection up to $600 million
Cons
- $25 fee for outgoing domestic wires
- No direct spot-crypto or MT4/MT5
- Advanced platforms can overwhelm beginners
Alvexo & Charles Schwab Regulation
| Feature | Alvexo | Charles Schwab |
|---|---|---|
Companies | HSN Capital Group Ltd | Charles Schwab & Co., Inc.; Charles Schwab Bank, SSB |
Countries | Seychelles | United States |
Regulators | SFSA | SEC, FINRA, CFTC, NFA, FDIC |
Investor Protection | - | SIPC |
Investor Protection Size | - | $500 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Alvexo | Charles Schwab |
|---|---|---|
Market Maker Account | ||
| Account Name | Classic | — |
| Min Deposit | $500 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 2.9 | — |
| Fee | No | — |
| Max Leverage | 1:100 | — |
| Stop Out | 40% | — |
| Margin Call | 75% | — |
STP Account | ||
| Account Name | Gold | — |
| Min Deposit | $10 000 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 2.2 | — |
| Fee | No | — |
| Max Leverage | 1:200 | — |
| Stop Out | 35% | — |
| Margin Call | 75% | — |
DMA Account | ||
| Account Name | — | Schwab One® |
| Min Deposit | — | $1 |
| Lot Size | — | 0.1 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.4 |
| Fee | — | No |
| Max Leverage | — | 1:50 |
| Stop Out | — | 30% |
| Margin Call | — | 50% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | Alvexo | Charles Schwab |
|---|---|---|
Base currencies | USD, EUR | USD |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Wire, ACH (MoneyLink), Mobile Check Deposit, Internal Transfer |
Inactivity fee | Tiered up to $2 500/mo after 30 days idle | |
Interest on margin | ||
Withdrawal fee | $25 domestic wire ($15 online); $0 ACH |
Trading Platforms and Conditions
| Feature | Alvexo | Charles Schwab |
|---|---|---|
Trading Platforms | Alvexo WebTrader, Mobile | Thinkorswim, StreetSmart Edge, Schwab Web, Mobile |
Execution Speed | - | 50 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | average |
Trading Assets
| Asset | Alvexo | Charles Schwab |
|---|---|---|
Currencies | 58 | 65 |
Indices | 15 | 20 |
Stocks | 330 | 6000 |
Cryptocurrencies | 22 | 1 |
Bonds | 2 | 60000 |
Metals | 5 | 5 |
Energies | 5 | 5 |
Soft Commodities | 4 | 12 |
ETFs | 12 | 2000 |
Education and Analytics
| Feature | Alvexo | Charles Schwab |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Alvexo | Charles Schwab |
|---|---|---|
Email | support@alvexo.com | AccessibilityHelp@Schwab.com |
Phone | +41449746327 | +18004359050 |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter |
Which Broker is Better?
After comparing Alvexo and Charles Schwab, Charles Schwab comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
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Charles Schwab Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.