Charles Schwab vs Webull
Charles Schwab and Webull are level on what each company publishes and what independent review sites report. The one that matters for you may be one the leader loses.
The verdict
It's a dead heat.
Neither pulls ahead on the published figures and review sites, so the decision is in the details this comparison cannot see. Check the current figures on both pages.
Choose Charles Schwab if…
- • You want Charles Schwab's edge on what stockbrokers.com scored it and what customers say on trustpilot
Choose Webull if…
- • You want Webull's edge on what an options contract costs and what borrowing on margin costs
Round by round
- Round 1What an options contract costsWebull wins
Webull wins this round on independent review-site data, not on its own claims.
- Round 2What borrowing on margin costsWebull winsCharles Schwab5/10
10.625%
margin rate on a $50,000 balance
- 11.825%, against 5.20%
Source: investingintheweb.com ↗
Webull8/105.00%
Webull Premium; $50,000 falls in the 25K < X ≤ 100K tier
- Webull Premium margin rate on a 50,000 dollar balance
Source: webull.com ↗
Webull wins this round on independent review-site data, not on its own claims.
- Round 3What StockBrokers.com scored itCharles Schwab winsCharles Schwab8/10
Not stated
schwab.com does not state a StockBrokers.com '5 out of 5 stars' rating. Checked homepage, awards page, compare-us, trading, thinkorswim, and why-schwab pages — all cite StockBrokers.com 2026 Annual Aw
- StockBrokers.com rating
Source: stockbrokers.com ↗
Webull5/103.5 out of 5 stars
StockBrokers.com rating
- 3.5 out of 5 stars, against 5 out of 5 stars
Source: stockbrokers.com ↗
Charles Schwab wins this round on independent review-site data, not on its own claims.
- Round 4What customers say on TrustpilotCharles Schwab winsWebull5/10
1.2 out of 5
TrustScore from 425 reviews on Trustpilot
- 1.2 out of 5, against 1.5 out of 5
Source: trustpilot.com ↗
Charles Schwab wins this round on independent review-site data, not on its own claims.
- Round 5What a stock trade costsTie
Nothing to separate them here.
- Round 6What it takes to open an accountTie
Nothing to separate them here.
Side by side
- margin rate on a 50,000 dollar balance
- StockBrokers.com rating
- Webull Premium margin rate on a 50,000 dollar balance
- no per-contract fee
- 65 cents, against 0 cents
- 1.5 out of 5, against 3.9 out of 5
- 782 reviews, against 14,081 reviews
- 11.825%, against 5.20%
- 3.5 out of 5 stars, against 5 out of 5 stars
- 1.2 out of 5, against 1.5 out of 5
- 1.2 out of 5, against 3.9 out of 5
- 425 reviews, against 14,081 reviews