Trading at-a-glance.

At Schwab, you'll find much of the same trading and investing functionality that you're used to. And because we're always working to improve the experience, you'll enjoy some new enhancements and upgrades, with more coming soon.

What to expect on Schwab trading platforms, including recent enhancements and upgrades:

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  • TD Ameritrade
  • Schwab: Now
  • Schwab: Coming Soon
  • 
    Products
  • TD Ameritrade
    Trade stocks, ETFs, options, and futures. Plus utilize margin on all trading platforms.
  • Schwab: Now
    Trade stocks, ETFs, and options, along with foreign stocks. Continue to utilize margin on all trading platforms.
  • Schwab: Coming Soon
    Futures trading coming in early 2024.
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    Options Trading
  • TD Ameritrade
    • Support for up to 2-leg options strategies (tdameritrade.com only) and 2-leg strategies on TD Ameritrade Mobile. 
    • Streaming quotes available on underlying securities only in trade tickets.
    • Can exercise options online. 
  • Schwab: Now
    • Support for up to 4-leg options strategies on both Schwab website and Schwab Mobile. 
    • Streaming quotes available on both underlying securities and options in trade tickets.
    • Conveniently set up commonly used options strategies (up to 4 legs) with the click of a button using the new Trade Builder (Schwab website) or Strategy selection (All-In-One Trade Ticket®, Schwab website, and mobile trade ticket).
    • Ability to exercise long options online. 
    • thinkorswim® continues to provide additional options trading tools and features.  
  • Schwab: Coming Soon
    Streaming quotes on underlying securities in the Options Chain. Support for multi-leg options trading in the SnapTicket®
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    Streaming Quotes
  • TD Ameritrade
    Streaming market data available on Positions, Order Status, Research, Options Chain, Watchlists, and Trade Tickets.
  • Schwab: Now
    • Streaming market data available on Watchlists, Trade Tickets, Options Chain, Order Status, and Positions (mobile).
    • thinkorswim has a robust streaming data experience, including Level 2 quotes.
  • Schwab: Coming Soon
    Additional pages, including Positions (web), and Research (mobile).
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    Trade Ticket
  • TD Ameritrade
    Trade seamlessly and on demand with SnapTicket, and on mobile.
  • Schwab: Now
    • SnapTicket is available on key Schwab website pages, supporting core functionality like equity, single-leg and multi-leg options order entry, along with the ability to add and delete options legs. It also has a Trade & Probability Calculator.
    • A redesigned mobile trade ticket provides a more intuitive trading experience, including simpler multi-leg options trading through the Options Chain and streaming market data. In addition, it now includes pre-fill animation for quantity and price, along with access to strategy chains.
    • The All-in-one Trade Ticket on Schwab website now includes trade preferences, an enhanced quantity calculator, and a strategy chain link.
  • Schwab: Coming Soon
  • 
    Watchlists
  • TD Ameritrade
    Watchlists with customized columns.
  • Schwab: Now
    • Watchlists with customized columns. Create up to 50 watchlists, with up to 300 symbols and 15 data points per list on Schwab website and Schwab Mobile.
    • Watchlists at Schwab have a "Settings" feature to set preferences (web), and additional features such as exporting CSV files (web), news in watchlists (web), and hard-to-borrow data points.
  • Schwab: Coming Soon
  • 
    Alerts
  • TD Ameritrade
    Choose from a wide range of portfolio, research, and securities alerts on both tdameritrade.com and mobile.
  • Schwab: Now
    Continue to choose from a wide range of portfolio, research, and securities alerts on Schwab website and Schwab Mobile.
  • Schwab: Coming Soon
  • 
    Research & News
  • TD Ameritrade
    Access round-the-clock market news, analyst reports, daily updates, and third-party research to enhance your trading skills and help recognize potential investment opportunities.
  • Schwab: Now
    • In addition to similar access to research and news, discover valuable new proprietary tools such as Schwab Equity Ratings®, Select Lists, and market updates. Reports and ratings are now available on mobile as well as on Schwab website.
    • Discover enhanced functionality including stock comparison quick links on Schwab website, and improved charting. 
  • Schwab: Coming Soon
  • 
    Insights & Education
  • TD Ameritrade
    Access robust education covering a wide range of topics.
  • Schwab: Now
    Get in-depth education and timely expert perspectives with the best-in-class education from TD Ameritrade combined with Schwab experts' market commentary and perspectives on investing, trading, and personal finance.
  • Schwab: Coming Soon
  • 
    Portfolio Performance
  • TD Ameritrade
    Portfolio performance reporting not available.
  • Schwab: Now
    Portfolio performance reporting is available, along with Portfolio Checkup tools and investment income reporting.
  • Schwab: Coming Soon
    Actively monitor positions, trends over time, and potential risk factors.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction.  Multiple leg options strategies will involve multiple commissions. Spread trading must be done in a margin account.

Supporting documentation for any claims or statistical information is available upon request.

Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Investing involves risk including loss of principal.

The Trade & Probability Calculator provides calculations that are hypothetical in nature and do not reflect actual investment results, or guarantee future results. 

Futures and Futures options trading involves substantial risk and is not suitable for all investors. Please read the Risk Disclosure Statement for Futures and Options prior to trading futures products. 

Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC). 

Additional CFTC and NFA futures and forex public disclosures for Charles Schwab Futures and Forex LLC can be found here.

Futures and Futures options trading services provided by Charles Schwab Futures and Forex LLC. Trading privileges subject to review and approval. Not all clients will qualify.

Charles Schwab Futures and Forex LLC (NFA Member) and Charles Schwab & Co., Inc. (Member FINRA/SIPC) are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.

Schwab website and the Schwab Mobile app require a wireless signal or mobile connection. Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons. Functionality may vary by operating system and/or device. Mobile carrier data charges may apply.

TD Ameritrade, Inc., member FINRA/SIPC, is a subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. 

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Investing in U.S. securities is not without risk. Investment returns will fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost.

The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. ("Schwab")(Member SIPC), is registered by the Securities and Exchange Commission ("SEC") in the United States of America and offers investment services and products, including Schwab brokerage accounts, governed by U.S. state law. Schwab is not registered in any other jurisdiction. Neither Schwab nor the products and services it offers may be registered in your jurisdiction.  Its banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides deposit and lending services and products. Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons.

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