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Charles Schwab vs Goldco

Charles Schwab is a good choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research. How does it compare to Goldco? Read our comparison chart below.

Charles Schwab offers stock and ETF trades at $0 commission and options trading at $0 commission + $0.65 per contract. There is no minimum deposit, no maintenance fee, and no inactivity fee.

While Goldco is one of the most popular gold IRA companies. It stands out for its large selection of IRS-approved gold and silver coins, highest price buyback guarantee, and thousands of 5-star reviews. The minimum investment is $25,000.

Compare Charles Schwab with Goldco, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 Goldco
 Learn MoreVisit Site
 

Charles Schwab

Goldco

SPECIAL OFFER
$0 Commissions on Online Stock, ETF, and Options Trades - Learn More

Read Charles Schwab Review

SPECIAL OFFER
Free Gold IRA Kit - Learn More

Read Goldco Review

 

Benefits and Features

Stock Trading$0 commission on U.S. stocks and ETFs 
Options Trading
$0 + $0.65 per contract
 
Annual Fee 
Varies depending on custodian
Minimum Deposit
$0
$25,000
Mutual Fund Trading$0 for no-transaction-fee funds $49.95 for all other funds 
Commission Free ETFs2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSource™. 
Gold IRA 
Check
Broker Assisted Trades
$25.00 service charge
 
Inactivity Fee
None
 
Maintenance Fee
$0
 
Setup Fee 
$50
Banking
Yes
 
Mobile App
Yes
 
Desktop App
Yes
 
Silver IRA 
Check
Platinum IRA 
Check
Palladium IRA 
Check
Futures Trading
$2.25 per contract
 
Customer Service
24/7
 
Locations
300 locations
 
Online Community
Yes
 
Seminars
Yes
 
Virtual Trading
Yes (thinkorswim platforms)
 
 

CreditDonkey® Reviews

 Goldco
Stock TradingStarStarStarStarHalf Star
Options TradingStarStarStarHalf StarEmpty Star
Mutual Fund TradingStarStarStarStarEmpty Star
Online PlatformStarStarStarStarStar
BankingStarStarStarStarStar
Mobile AppStarStarStarHalf StarEmpty Star
Commissions and FeesStarStarStarEmpty StarEmpty Star
Ease of UseStarStarStarStarEmpty Star
ResearchStarStarStarStarStar
Minimum DepositStarStarStarHalf StarEmpty Star
FeesStarStarStarEmpty StarEmpty Star
Gold IRAStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarStar
SafetyStarStarStarStarStar
Pros & ConsPros:
  • Vast selection of commission-free ETFs and mutual funds
  • 2 platforms (one for beginners and one for advanced traders)
  • 24/7 customer service including online chat
Cons:
  • Commission costs on mutual funds outside of the commission-free funds
  • Robo-advisor option requires a minimum investment of $5,000
Pros:
  • Highest buyback price guarantee
  • Free silver promotion
  • A+ BBB rating
Cons:
  • $25,000 min
  • Higher transaction fees
Bottom LineGood choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research... Read full reviewVery reputable Gold IRA account, but fees are higher than competitors... Read full review
 Learn MoreVisit Site

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Charles Schwab: Pricing information from published websites as of 04/09/2024.

Goldco: The required minimum purchase at Goldco to start a gold IRA is $25,000. Goldco’s preferred Custodian charges a flat annual account service fee which includes a one-time IRA account set-up fee of $50, as well as a $30 wire fee. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending on the company you select to handle these services (required by the IRS, as all IRA assets must be managed by a custodian). Depending on the Custodian, storage fees can range from $10 to $60 per month, or as a percentage of assets, from 0.35% to 1% annually. Goldco does not charge any storage fees for cash transactions over $25,000.

Goldco

Free Gold IRA Kit

  • Up to $10,000 in free silver for eligible customers
  • Highest buyback price, guaranteed
  • Endorsed by Sean Hannity and Chuck Norris
Goldco

Get Up to $10,000 in Free Silver

Open a qualifying gold IRA and get up to $10,000 in free silver

Which is Better: Charles Schwab or Goldco?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Charles Schwab or Robinhood.


Articles on Charles Schwab

Charles Schwab

Charles Schwab is one of the oldest names in the world of investing. With low fees, no account minimums, and robust research tools, it's a good brokerage for all levels of investors.

Articles on Goldco

Goldco Review

Is Goldco the best precious metals company? Find out the truth about the fees, common complaints, and minimum investment requirement in this review.

Which Do You Think is Best?





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