Charles Schwab vs Amega

Charles Schwab or Amega – which is better for UK traders 2025? Compare Charles Schwab and Amega in this detailed breakdown of their platforms, features and fees.

Charles Schwab vs Amega Comparison Table 2025
Charles Schwab Amega
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2.8
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3.2
Charles Schwab is ranked #111 among UK brokers. Amega is ranked #78 among CFD brokers.
Charles Schwab is a large US investment broker offering a massive range of stocks, ETFs and equity derivatives in a variety of savings and investment accounts. The trustworthy brand has been offering financial services for 45+ years with over 35 million brokerage accounts and $870+ billion in assets under management. Charles Schwab is also regulated by top-tier watchdogs including the SEC and FCA. Amega is an offshore STP broker offering CFD trading fon forex, stocks, indices and commodities with very high leverage up to 1:1000 and a zero-commission pricing structure. Traders access markets through the MT5 platform and can test the broker's services through a demo account.
Pros
  • Strong investment offerings covering stocks, mutual funds, options, bonds and cryptocurrency
  • Powerful trading software with real-time quotes, fundamental research and investment screeners
  • Responsive customer support team available 24/7 via live chat or telephone
  • Competitive trading fees with no commissions on stocks and ETFs
  • Fractional shares on the S&P 500 with a $5 minimum investment
  • Thematic investing categories and ESG compliant portfolios
  • Strong regulatory oversight from the US SEC and UK FCA
  • No account minimums for individual brokerage accounts
  • High-quality educational resources for new investors
  • Amega supports a growing selection of payment options, including cryptos and international banking solutions with an accessible $20 minimum deposit.
  • The MetaTrader 5 platform is excellent for trading with low latency, sophisticated order types, and up to 128 indicators and 21 timeframes to aid precise analysis.
  • The One account keeps things simple for aspiring traders, featuring the full range of forex, stocks, indices and commodities with no hidden fees or swap fees, and $1 cashback per lot.
Cons
  • Only US markets available (except 12 foreign markets on the Global Account)
  • High minimum investment of $5000 to use robo-advisors
  • Limited funding methods with no e-wallets
  • No email support
  • Despite offering negative balance protection, Amega still lacks authorization from a trusted regulator, making it a high-risk option with no access to investor protection.
  • Although the library of educational guides is growing, it falls far behind the likes of eToro which offers quizzes, videos and a social trading network for a complete learning journey.
  • As brokers increasingly invest in their own trading software and add third-party solutions like cTrader to meet various trader preferences, Amega trails behind with just MT5.
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Stocks, ETFs, Cryptos, Futures, Options, Commodities, Bonds CFDs, Forex, Shares, Indices, Commodities, Cryptos
Demo Account
Yes No
Minimum Deposit
$0 $20
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
SEC, FINRA, FCA1
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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rating full
4.8
Android App Rating
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4.8
Margin Trading
No Yes
MetaTrader 4
No No
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
Yes No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
MT5
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
Yes No
Guaranteed Stop Loss
No No
Inactivity Fee
$5
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
Commodities
  • Soybeans
  • Lean Hogs
  • Corn
  • Wheat
  • Sugar
  • Soybeans
  • Cocoa
  • Coffee
  • Gold
  • Silver
  • Palladium
  • Platinum
  • Oil
  • Gasoline
  • Natural Gas
CFD
Trade CFDs on 100+ instruments from popular asset classes. Leverage up to 1:200 is available on precious metals, while stocks, indices and energies can access 1:20 max leverage and 1:10 for commodities. On the negative side, the depth of assets is limited vs other CFD brokers.
Leverage
1:1000
FTSE Spread
From 0.8 pips
GBPUSD Spread<
From 0.8 pips
Oil Spread
From 0.8 pips
Stocks Spread
From 0.8 pips
Forex
Amega offers an unusually large selection of currency pairs for an unregulated broker with 70+ forex CFDs, alongside up to 1:1000 leverage, zero commissions and competitive spreads from 0.8 pips. FX traders also have access to MT5 – the faster, more advanced version of MT4.
Assets
70+
GBPUSD Spread
0.8
EURUSD Spread
0.8
EURGBP Spread
0.8
Cryptocurrency
Charles Schwab supports indirect crypto trading through digital coin trusts and crypto-related stocks. You can get exposure to popular digital currencies such as Bitcoin, Ripple and Ethereum. Trade popular digital tokens against fiat currencies. Go long or short on Bitcoin and get 24/7 instant cashback when you trade in high volumes. However, traders looking for low-cap tokens should look at alternative brokers.
Spread
Floating From 0.8 pips
Coins
  • GBTC
  • BITW
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Charles Schwab Amega
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