Compare trading experiences side by side.

This chart will help you compare some of your current TD Ameritrade trading experiences with what you can expect at Schwab.

See what's changing when your account moves to Schwab.

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  • TD Ameritrade
  • Schwab: Now
  • Schwab: Coming Soon
  • 
    Products
  • TD Ameritrade
    Trade stocks, ETFs, options, futures, and forex. Plus utilize margin on all trading platforms.
  • Schwab: Now
    Trade stocks, ETFs, options, and futures, along with foreign stocks. Continue to utilize margin on all trading platforms. Plus, trade fractional shares with Schwab Stock Slices® and access 40+ thematic stock list suggestions.
  • Schwab: Coming Soon
    Forex trading coming in early 2024.
  • 
    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.com 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.com) or Strategy selection (All-In-One Trade Ticket®, Schwab.com, and mobile trade ticket).
  • Schwab: Coming Soon
    Streaming quotes on underlying securities in the Options Chain. Support for multi-leg options trading in the SnapTicket®. Ability to exercise long options online.
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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 (web), and Positions (mobile).
  • Schwab: Coming Soon
    Additional pages, including Positions (web), Order Status, and Options Chain (mobile). thinkorswim will have a robust streaming data experience, including Level 2 quotes.
  • 
    Trade Ticket
  • TD Ameritrade
    Trade seamlessly and on demand with SnapTicket, and on mobile.
  • Schwab: Now
    SnapTicket is available on key Schwab.com pages, supporting core functionality like equities and single-leg options. 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.
  • Schwab: Coming Soon
    Expanded functionality on the trade ticket on mobile and the All-in-One Trade Ticket and SnapTicket on web coming throughout 2023.
  • 
    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.
  • Schwab: Coming Soon
    A "Settings" feature to set preferences, and additional enhancements such as exporting CSV files, hard-to-borrow data points, and indicators.
  • 
    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.com.
  • Schwab: Coming Soon
    Mobile stock/ETF alerts coming later in 2023, giving the ability to set, manage, and monitor Target Price and News & Events alerts for stocks and ETFs.
  • 
    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 List® reports, and market updates.
  • Schwab: Coming Soon
    Enhanced functionality coming in 2023, including stock comparison quick links on Schwab.com, and improved charting, discoverability, ratings, and research on mobile.
  • 
    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.

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

Investing involves risk including loss of principal.

Schwab Stock Slices is not intended to be investment advice or a recommendation of any stock. Investing in stocks can be volatile and involves risk, including loss of principal. Consider your individual circumstances prior to investing.

Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the options disclosure document titled Characteristics and Risks of Standardized Options. Supporting documentation for any claims or statistical information is available upon request. Multiple leg options strategies will involve multiple commissions. Spread trading must be done in a margin account.

Futures, Futures options, and Forex 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. 

Forex trading involves leverage, carries a substantial level of risk and is not suitable for all investors. Please read the NFA Booklet Trading Forex: What Investors Need to Know prior to trading forex products.

Futures and forex accounts are not protected by the Securities Investor Protection Corporation (SIPC). Forex accounts do not receive a preference in any bankruptcy proceeding pursuant to Part 190 of the CFTC’s regulations.

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

Charles Schwab Futures and Forex is the counterparty to all forex customer trades, and exclusively uses straight-through processing such that it automatically (without human intervention and without exception) enters into the identical but opposite transaction with another liquidity provider (creating an offsetting position in its own name). Additional forex execution data is available by request. You may request transaction data for up to 15 trades that occur in the same currency pair immediately before and after your trade. The information provided in the transaction data includes execution date, time, side, quantity, currency pair, and price. To submit your request, please contact a Forex Specialist at 866-839-1100.

Futures, futures options, and forex trading services provided by Charles Schwab Futures and Forex LLC. Trading privileges subject to review and approval. Not all clients will qualify. Forex accounts are not available to residents of Ohio or Arizona. 

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.com 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.

The Charles Schwab Corporation ("Charles Schwab") 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, offers investment services and products, including the Schwab One® brokerage account. 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.

Charles Schwab & Co., Inc. and TD Ameritrade, Inc., members SIPC, are separate but affiliated subsidiaries 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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