Charles Schwab
Upbit
VS
Higher Rated
Charles Schwab
Capital at risk · T&Cs apply
Choosing between Charles Schwab and Upbit depends on your trading style, preferred markets, and budget. Charles Schwab is headquartered in Westlake, USA, while Upbit operates from Seoul, South Korea. Charles Schwab has the longer track record, established in 1971, compared to Upbit which was founded in 2017. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Charles Schwab
Upbit
Charles Schwab is the better choice overall, scoring 3.6/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Charles Schwab offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Charles Schwab
3.6 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Tied
2 vs 2 licences
Min. Deposit
Tied
$0 vs $0
Charles Schwab
WinnerUpbit
Charles Schwab
Lower feesUpbit
Charles Schwab holds licences from SEC, CFTC. Upbit is regulated by MAS, FSC.
Charles Schwab additionally covers Stocks, Forex, Indices, Commodities. Upbit adds Crypto.
Charles Schwab supports Proprietary Web, Proprietary Mobile. Upbit offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Charles Schwab requires no minimum deposit, while Upbit sets no minimum deposit. This makes Charles Schwab accessible to traders with any budget.
BrokerRank scores Charles Schwab at 3.56/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Charles Schwab leads overall with a clear advantage.
Charles Schwab scores higher overall on our independent rating system. Charles Schwab holds a 3.6/5 rating vs Upbit's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Charles Schwab offers spreads from 0 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.
Charles Schwab requires a minimum deposit of $0. Upbit requires $0.
Charles Schwab is regulated by SEC, CFTC, while Upbit holds licences from FSC, MAS.
Charles Schwab supports Proprietary Web, Proprietary Mobile. Upbit supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.