Updated September 28, 2026 · BrokerCue Editorial Team
Charles Schwab vs Mirae Asset Securities
Charles Schwab vs Mirae Asset Securities: the differences
| Compare |  Charles Schwab |  Mirae Asset Securities |
|---|---|---|
| Minimum deposit | $0 | ₹0 |
| Stock trade fee | $0 | ₹10 |
| Account fee | $0 | ₹0 |
| Markets | Stocks, ETFs, Options, Futures, Bonds, FundsCovers more | Stocks, ETFs, Options, Futures, Funds |
| Margin rate | 12.075% | 8.99%Lower |
| Options contract fee | $0.65 | ₹10 |
| Platforms | Thinkorswim, Schwab Mobile | Web Trading Platform, Trading App, Trading API |
| Inactivity fee | $0 | Not confirmed |
| Regulators | SIPC | Not confirmed |
| Investor protection | SIPC up to USD 500,000 | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | UPI free; net banking Rs7-11 + GST |
| Account types | IRA, Roth IRA, Joint, Corporate | Not confirmed |
| Maximum retail leverage | Not confirmed | 4X |
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Key differences
- Mirae Asset Securities scores higher overall: 9.3 vs 9.0.
- Margin rate is lower at Mirae Asset Securities: 8.99% vs 12.075%.
- Markets: only Charles Schwab offers Bonds.
- Platforms: only Charles Schwab offers Thinkorswim, Schwab Mobile.
- Platforms: only Mirae Asset Securities offers Web Trading Platform, Trading App, Trading API.
- Features: only Charles Schwab offers Fractional shares, Demo account.
- Features: only Mirae Asset Securities offers Options, Futures.
- Pricing model: only Charles Schwab offers Commission free.
- Pricing model: only Mirae Asset Securities offers Low fees.
Our verdict on each
Charles Schwab
Charles Schwab suits investors who want a wide US market range at a low running cost, with $0 on stock trades and an account fee of $0. It is less suited to those who want forex, CFDs or crypto on the same account.
Mirae Asset Securities
Mirae Asset Securities runs a low-fee broking account priced in INR that suits beginners and day traders who want flat per-trade charges. With a stock trade fee of INR 10 and an account fee of INR 0, costs stay predictable, though that flat charge leaves it behind rivals on cheaper per-trade pricing.
Score breakdown
| Area | Charles Schwab | Mirae Asset Securities |
|---|---|---|
| Cost | 9.1Stock trades cost $0, the account fee is $0 and the inactivity fee is $0. Options contracts add $0.65. | 9.2HigherThe cost score of 6 reflects a INR 10 options fee and a 8.99% margin rate on a low-fee model. |
| Offer | 9.5Higher | 9.4 |
| Trust | 8.6 | Not confirmed |
Where they rank in our lists
| Ranking | Charles Schwab | Mirae Asset Securities |
|---|---|---|
| Stock and ETF brokers | 129 of 490 | 66 of 490 |
| Options trading platforms | 50 of 103 | 21 of 103 |
| Futures trading platforms | 33 of 83 | 17 of 83 |
| Margin trading brokers | 15 of 22 | 11 of 22 |
Sources behind this comparison
Charles Schwab
- schwab.com: 9 facts, checked September 26, 2026
- sipc.org: 3 facts, checked September 26, 2026
- moneysmart.hk: 2 facts, checked September 26, 2026
- bankrate.com: 1 fact, checked September 26, 2026
- public.com: 1 fact, checked September 26, 2026
Mirae Asset Securities
- mstock.com: 12 facts, checked September 26, 2026
- miraeasset.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Charles Schwab | Mirae Asset Securities |
|---|---|---|
| Features | Fractional shares, Demo account, Mobile app | Options, Futures, Mobile app |
| Pricing model | Commission free | Low fees |
| Audience | Not confirmed | Beginners, Day traders |
| Legal entity | CHARLES SCHWAB & CO INC | Not confirmed |
| Headquarters | United States | South Korea |
| Support channels | Chat, Phone, Help centre | Not confirmed |
Robo-advisors
| Fact | Charles Schwab | Mirae Asset Securities |
|---|---|---|
| Management fee | 0% | Not confirmed |
| Minimum investment | $5,000 | Not confirmed |
| Portfolio types | ETF, Cash | Not confirmed |
Where each stands against the rest
| Fact | Charles Schwab | Mirae Asset Securities | Median |
|---|---|---|---|
| Inactivity fee | $0at the median | Not confirmed | $0 |
| Margin rate | 12.075%highest quarter | 8.99%above the median | 8.79% |
Median across 36 listed brokers.
Pros and cons
Charles Schwab
Pros
- Stock trades cost $0 and there is an account fee of $0, so holding a balance costs nothing to keep open
- No inactivity charge either, with an inactivity fee of $0, so an unused account is not billed
- Markets run stocks, etfs and options, which covers shares, exchange traded funds, options, futures, bonds and funds in one place
Cons
- Options contracts carry a fee of $0.65 each, so a derivative trade costs more than the $0 charged on a stock trade
- The listed markets are stocks, etfs and options, and forex, contracts for difference and crypto are not among them
- Support runs on chat, phone and help centre, and email is not among those channels
Mirae Asset Securities
Pros
- Account fee of INR 0 and a minimum deposit of INR 0, so nothing is charged to hold or open.
- Flat INR 10 per stock trade and INR 10 per options contract, which makes costs easy to model.
- Margin available at a rate of 8.99% with retail leverage of 4X.
Cons
- The stock trade fee of INR 10 ranks 98 of 161, behind cheaper per-trade rivals.
- Cash movement follows UPI free; net banking Rs7-11 + GST, so moving money in and out is not entirely cost free.
- A margin rate of 8.99% on leverage of 4X magnifies losses as well as gains on borrowed positions.
Who each suits
Charles Schwab
Who it suits
- Investors buying US shares and exchange traded funds who care about what each trade costs
- Retirement savers who want tax-advantaged accounts next to a taxable account
- Fractional share investors building a position gradually with small monthly amounts
Who should look elsewhere
- Anyone wanting forex, contracts for difference or crypto, where eToro lists stocks, etfs and forex against Schwab's stocks, etfs and options
- Traders who want a per contract derivative fee waived, since options cost $0.65 here
- Investors starting a managed portfolio with less than the $5,000 the service asks for
Mirae Asset Securities
Who it suits
- Beginners opening a first account, with a minimum deposit of INR 0.
- Day traders working in options and futures, with a contract fee of INR 10.
- Traders who want web, app and API access under one low-fee account.
Who should look elsewhere
- eToro, which charges $0 per stock trade.
- Vantage, which sets a minimum deposit of $5 where CFI asks for $0.
Country by country
| Country | Charles Schwab | Mirae Asset Securities |
|---|---|---|
| United States | Yes | No |
Questions about each
Charles Schwab
How much does it cost to trade stocks at Charles Schwab?+
Stock trades cost $0, and there is no account charge on top, with the account fee at $0. Trading is commission free, so the cost of a buy or sell is not driven by a per trade ticket. Options are the exception, priced at $0.65 per contract.
Is there an inactivity fee if I leave my account empty?+
The inactivity fee is $0, so an unused brokerage account is not billed for sitting still. That keeps a dormant account free to hold, which matters if you fund once and add to it occasionally. The same applies to the account fee, which is $0.
Mirae Asset Securities
How much does it cost to trade stocks?+
A stock trade costs INR 10 and an options contract fee of INR 10 applies. The account fee is INR 0, so nothing is charged for holding the account open. The flat per-trade charge is simple to model, though it sits above commission-free rivals.
Is there a minimum deposit?+
The minimum deposit is listed as INR 0, so an account can be opened and funded in small steps. With an account fee of INR 0 there is no standing cost before you trade. Watch cash movement instead, where charges follow UPI free; net banking Rs7-11 + GST.