Charles Schwab vs IG: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeCharles SchwabIG
Licence Score65Strong93Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record111
1 FCA United Kingdom —Licensed · FRN 195355
1 ASIC Australia —Licensed
1 JFSA Japan —Licensed
1 CFTC / NFA United States LicensedLicensed
1 MAS Singapore —Licensed
1 BaFin Germany —Licensed
1 FINMA Switzerland —Licensed
2 FSCA South Africa —Licensed · FSP 41393
2 DFSA United Arab Emirates —Licensed
2 FMA (NZ) New Zealand —Licensed
3 BMA Bermuda —Licensed
Founded19711974
HeadquartersUnited StatesUnited Kingdom
TypeMulti-asset brokerSpread betting & CFD provider
Publicly listedNYSE:SCHWLSE:IGG
PlatformsProprietaryProprietary, MT4, ProRealTime, TradingView
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is Charles Schwab or IG better regulated?

IG has the higher Licence Score (93 vs 65), based on the number and tier of licences, operating history and public listing.

Which regulators license both Charles Schwab and IG?

Both are matched to licences from CFTC / NFA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.