Schwab Introduces Futures, Forex and Portfolio Margin on thinkorswim

Charles Schwab, a leader in retail investing and trading, today announced the launch of futures and forex trading, as well as portfolio margin, on its thinkorswim platform suite, part of Schwab’s overall trading offer, Schwab Trading Powered by Ameritrade. The introduction of these sophisticated capabilities is the first time Schwab has enabled forex trading, and in addition to reinforcing Schwab’s leadership in derivatives trading, marks an important step in integrating the full range of trading capabilities previously available through thinkorswim at Ameritrade.

In October 2023, Schwab introduced Schwab Trading Powered by Ameritrade, a reimagined trading experience made possible by the combination of two of the industry’s most innovative firms, Charles Schwab and Ameritrade. Schwab Trading Powered by Ameritrade unites the award-winning thinkorswim trading platforms with Schwab’s trading capabilities on Schwab.com and Schwab Mobile, alongside extensive trading education and specialized service designed for traders of all types and levels of expertise to create an exceptional trading experience.

“The introduction of these latest capabilities reinforces our commitment to deliver a robust, innovative, and sophisticated trading experience through Schwab Trading Powered by Ameritrade,” said James Kostulias, Managing Director and Head of Trading Services at Charles Schwab. “Adding these capabilities builds upon an already strong offer for traders – and in particular, derivatives traders – which includes the thinkorswim platforms, Schwab’s trading capabilities on Schwab.com and Schwab Mobile, 24-hour five-days-a-week trading, sophisticated tools and support for options traders, extensive trading education content, and specialized service designed for traders of all types and levels of expertise.”

Around-the-Clock Opportunities with Futures

In addition to forex trading, Schwab now offers futures trading on the thinkorswim platforms. Previously only available via its StreetSmart platforms, futures enable qualified traders to buy or sell a specific commodity asset or index at a set future date for a set price.

Within the thinkorswim platforms at Schwab, futures-approved clients have access to:

• Real-time futures charting
• Predefined futures watchlists and technical indicators
• In-depth research and commentary, all within thinkorswim
• Access to dedicated futures specialists for clients seeking support

Greater Access to the Global Markets with Forex