6 Pro Conference

Charles Schwab

thinkorswim platform users Options traders Full-service investors
78
AI Score out of 99

Score Breakdown

Execution Speed
77
20%
Cost Efficiency
77
20%
Reliability
75
15%
Platform & Tools
85
15%
Day Trader Fit
71
20%
Trust & Support
86
10%

Platform Snapshot

Stocks Commission
$0
Options Commission
$0.65/contract
Futures Commission
$2.25/contract
Minimum Account
$0
Margin Rate ($10K)
11.825%
Margin Rate ($100K)
10.575%
PDT Handling
$25K required above 3 day trades / 5 business days
Short Locate
Good — borrow list available
Mobile Rating
4.8 / 5.0
SIPC Coverage
Yes ✓

Pros & Cons

Strengths

thinkorswim platform included
Massive research library
Excellent customer service

Weaknesses

High margin rates
Heavy PFOF routing
Futures commissions above average
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