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Charles Schwab platforms and what happens when they go down
A platform outage with open positions is a failure of its own kind. Here is what Charles Schwab runs and what protects you on it.
Regulation: SEC; FINRA; CFTC/NFA for futures and forex. How Charles Schwab is regulated
Facts last checked . Read the full Charles Schwab review.
Platforms and tools
- Platforms
- thinkorswim Desktop, thinkorswim Web, thinkorswim Mobile, Schwab.com, Schwab Mobile
- Own platform
- Yes
- Mobile app
- Proprietary
- Browser trading
- Yes
- Automated trading
- Yes, proprietary thinkScript automation/strategy tools; no MetaTrader EAs
- Copy trading
- No
- Indicators
- 300+ studies and technical indicators
- Third-party tools
- Extensive third-party research, news and market-data integrations
- API access
- Yes, Schwab Trader API
What this means
Charles Schwab offers thinkorswim Desktop, thinkorswim Web, thinkorswim Mobile, Schwab.com, Schwab Mobile. A proprietary platform can be excellent, but it means your setup does not transfer if you later change broker.
Questions about Charles Schwab platforms
What platforms does Charles Schwab offer?
Charles Schwab offers thinkorswim Desktop, thinkorswim Web, thinkorswim Mobile, Schwab.com, Schwab Mobile.
Does Charles Schwab have a mobile app?
Charles Schwab's mobile app is recorded as: Proprietary.
Does Charles Schwab have its own platform?
Yes. Charles Schwab runs its own platform alongside any third-party software it offers.
Platforms at brokers under the same regulator
- Webull platforms also licensed by SEC
- IG platforms also licensed by CFTC/NFA
- Plus500 platforms also licensed by CFTC/NFA
- FOREX.com platforms also licensed by CFTC/NFA
- Trading.com platforms also licensed by CFTC/NFA