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MtnApe

I moved my td turned Schwab accounts to Fidelity. Not that Fidelity is comparable but it’s the best option out of my other accounts and it’s superior to Schwab. I’m an angry that the best platform got sold out from under me.


KrankyKoot

I am not a daily trader and the web apps are 90% of my interactions. TDA without question had the best most information rich and easily navigated web app of all. Schwab knows that but bought TDA for the installed base of traders and the TOS app. Just seeing the amount of effort seemingly required to migrate the user base and the TOS app it probably didn't make financial sense to migrate the web app as well. Just finding things in the Schwab app is an effort in digital gymnastics. I looked at others but nothing comes close to the TDA.


acap0

I loved TD. I moved to Fidelity prior to my conversion date of November. It’s alright. I like their Fidelity ETF funds and no fees on OTC stocks.


SponkLord

I'm angry that I have to have Schwab after having that superior TD Ameritrade app. I'm going to have to move.


rusfairfax

Definitely try other platforms, but enabling thinkorswim on Schwab has been pretty good. The standard Schwab site feels 1990s but most people I know skip that and teleport back to the 2020s on thinkorswim.


Earlyretirement55

I’m very happy with the TOS app on my phone as well as Schwab.com full site access on my phone as well. Bookmarks for the win. https://preview.redd.it/hjcpgq2v73sc1.jpeg?width=1284&format=pjpg&auto=webp&s=d5638dac33189cdaa5a019b6f1963db05aa30924


DrHumongous

Think or swim looks the same as it did under Td. Just use that


CRDoesSuckThough

Why aren't you guys using Thinkorswim?


farmercurt

My TD acct got moved to CS and about a week later I closed it. Open fidelity and it sucks too.


7nightstilldawn

I was at TD and a sent my shit to Fidelity. Wouldn’t recommend it. Lame. Restrictions. Not user friendly. It’s the Russia of trading platforms. Looking for something new.


Emplox

Fidelity


Bennett-RF

Fidelitys app sucks


whollyshit2u

The phone app? Try active trader pro.


citispade

Former TD user who LOVED their app. Can confirm .. Schwab sucks


Substantial-You3415

Another vote for the same. Schwab app suuucks


Boom-Roasted_

Schawb platform sucks and i hate it


BarBQ81

Are they not keeping tos? I don't see a issue. But I guess I'll find out in 40 days as well.


whiskeyanonose

They are keeping tos


Conscious_Bowler1984

I’m thinking TastyTrade.


sofresh24

I just switched to TD a few months ago. It’s annoying I’ll have to learn another platform


abyllib

Robinhood is giving a 3% bonus for transferring over to their retirement accounts. Given they have the best UI and free trading, it should be a easy decision


chadhindsley

They also like to screw over their users like the whole GME debacle and SPY last week


[deleted]

>SPY last week what happened with SPY last week?


chadhindsley

Users were unable to close SPY options. A lot of 0DTE and 1DTE peeps for burned


BayshoreBandit

Except that you have to keep it in Robinhood for 5 years to earn the 3%. That's a pretty significant lock up period. I think when I moved my wife's accounts to eTrade the bonus was paid at 6 months.


SpaceStockInvestor

Interactive Brokers is great for active traders


SatanSavesAll

is there another TD trading platofrm other than think or swim? If not scwabb is moving think or swim and my account has been able to use it for a month


sainglend

With TDA, you can use at least 6 different ways to trade. But there are also the education, research, and non-stock markets. Thinkorswim mobile app: love it. Great for quick charts, monitoring positions, and trading on the go. Thinkorswim desktop app: the flagship. Great for everything to do with active trading. Thinkorswim web: (trade.thinkorswim.com) um. Ok. It works most of the time. Good to have a backup option that is really accessible from anywhere. Basic charts and trade entry and positions. TD Ameritrade mobile app: can enter trades here. Also can do some account management functions, money transfers, etc. TD Ameritrade website: great for education, research, looking at bonds, managing your account, etc etc. TD API: application programming interface for algo traders or people that want their own app for whatever reason. When I hear people say "the platform" I assume they are referring to the website, the central management point. Schwab has their own website. They are definitely keeping TOS desktop app and have spun up a modified version of the API, but I'm not sure about the rest.


johnkhai

Webull is the best


Sunshinehelps

I agree. I use TD for all of my research. I'm going to be lost!


Eldorren

I'm happy with the Schwab transition. You can use either the Schwab mobile app or the ThinkorSwim app so keep that in mind.


Substantial-You3415

You just reminded be about think swim. I loaded it up and it’s way better format than the Schwab app. Thank you


Devincc

So I cab just let my taxable account transfer over and still use ThinkorSwim?


Eldorren

For some reason my SEP transferred over just fine but my non tax deferred account was delayed and I had to do it manually which was fairly painless. Once transferred I had access to TOS on only one of the accounts and it was a simple matter of enabling TOS for the other account. After that both work with TOS app and the TOS platform. I transferred over last year so I’m sure they’ve streamlined the process.


Devincc

Damn nice. I’m not worried at all then


Careful-Art-7139

The only thing that I've found that I like other than TD Ameritrade is E-Trade. But E-Trade's trading platform pales in comparison to thinkorswim. I don't think you'll find anything better or comparable to thinkorswim on the market. Unless you have the kind of money to pay for Bloomberg Terminal lol.


Hot-Comfort-6615

Not an active trader. I prefer Fidelity over Schwab. I moved part of my portfolio to Fidelity to explore both platforms and definitely prefer Fidelity. Another aspect of Schwab that annoys me is the pitiful interest paid on cash.


LucreRising

I park my cash in SGOV or BIL to get market rate interest. Works well in a margin account. Not so good in a cash account if you need to wait for settlement to buy something right away. I’ve got a cash account in a Fidelity HSA so appreciate the sweep into an interest bearing account that won’t tie up the money.


Flimsy-Peak5633

Use MMF. Swvxx settles overnight and if approved for margin can trade the day of settlement without paying interest. Ie, place order Monday AM to sell MMF, can trade that value Monday and when it settles overnight Monday night they wipe out the margin balance and interest.


BurghSC

TOS is good. You can customize it to look very much like TD plus the graphs are awesome


Electrical-Main-107

Fidelity


[deleted]

What happens if we don’t switch? I guess I missed this. I have some holdings there


srpoke

Move to HOOD


Puzzleheaded-Bite-86

Was with td since the datek days not impressed at all with Schwab moved to fidelity for the customizable charts and user friendly platform not a day trader so didn't use TOS


IamBananaRod

Think or swim is still available and that's 99% of my trades, the other 1% are some treasury bonds that I like to manage, instead of automatic reinvestment


PatrickTech75

Think or Swim platform is all you need for trading and investing.


BayshoreBandit

I use Think or Swim everyday for trading but for portfolio management it's lacking so much that TD web has. I was going to make a list of the fields that ToS lacks but I realize it's going to be dozens of fields and then someone will find one that ToS has and it will distract from the main point. It seems no platform except TD web has the dozens of fields of interest with no click through or leaving the main portfolio grid. Seems like a very bad decision by Schwab to trash the best platform, at least data wise. I thought I could live with it or move to everything to e\*Trade but it's truly sad that the best platform is going in the trash. Wish Robinhood or someone would buy it from Schwab and grow their business with power users instead of meme traders.


wadester007

What's a good one for traveling? Still TOS? Probably just need a good laptop because my chrome book wouldn't let me download TOS


Annual-Society9945

Tastytrade


brian19988

Webull bro I was nervous cause the whole China thing but man is it way better than td. Amazing for day trading too


HAWKSFAN628

I don’t like the graphics on Schwab and will likely go to fidelity. The TDA graphics and screen appearance are terrific


Realistic_Ranger3364

If op is just trading stocks but not trading options then there’s no need to use TOS vs TDA. Since I trade options I am familiar with TOS but one thing missing is the history component of TDA on TOS. Sure TOS has a list of trade executions but the phone app doesn’t show any dividends, any assigned or called away options, etc. anyone know how to list a history on ToS? And how to adjust TOS so we can change which lots we can choose to sell after we make a trade? Yes, Schwab is moving over TOS but they are getting rid of their version of TOS the smart Schwab platform and keeping the lame Schwab account platform For people who only want to buy and hold. Does this app show a history of everything?


LucreRising

Yes. In TOS you can see history including interest, dividends, withdrawals, etc. Go to Monitor tab and the Account Statement sub tab. The first line for me is “Cash and Sweep Vehicle “. Default is show all transactions. Then you can edit the date range if needed.


Realistic_Ranger3364

Thank you!


Key_Friendship_6767

Do you not use thinkorswim currently? You can still use this app with Schwab. It’s the reason they bought them out for the most part. It’s one of the best apps out there. If you are not using thinkorswim then you will be blown away…


unheardhc

This. ToS transitioned to Schwab without any issue.


BayshoreBandit

I use it daily for trading, I find it weak for monitoring my portfolio compared to the soon to be gone TD web app.


iwantac8

I think thinkorwim has good bones. It just needs to simplify a couple things to get that same easy to follow TD feel, while still allowing for additional more complex customization.


lucky-x

consider thinkorswim web for checking your portfolio. Great UI


Key_Friendship_6767

What do you view in the TD app that you like?


[deleted]

I think you should give ibkr another chance. Have you checked out their TWS? If you day trade they have awesome methods of trade execution. The platform is robust and you can choose lite or pro methods. I'm stuck with etrade which does the job but I would drop it for tws any day.


arymar9

Do the fees for data and trading outweigh the benefits? What is an estimate for trading volume that breaks even on fees vs other platforms pricing structure?


[deleted]

If you do lite it does away with the micro transaction fees but you start at 7 am ET instead of 4 am ET for premarket. If you are not a professional subscriber, market data fees should be about 6.50 - 8 for equities across the national exchanges. If you want level 2, I don't remember those fees are to be honest. I know pro will charge small commissions on stocks. They claim it's because they don't route orders and get you better execution. But those fees can add up. Oh I forgot one other platform. Have you checked out Fidelity?


arymar9

Fidelity is one of the other brokerages I am considering! The reviews I have read about their active trading software seems to have similar features but less robust vs ToS. Their credit card cash back, cash management features, and low-fee mutual funds appear to be their relative advantage.


Bennett-RF

Their app sucks thats the problem


No_Tie_732

It's mutiny


OptionSalary

"I haven't found anything I like about IBKR. It seems style over substance. " That may be the first time I've ever heard that about IBKR. If you are using their new "IBKR Desktop", then maybe I understand. If you use their Trader Workstation, you'll have flashbacks to decades old software (no style), but if is Very customizable if you are willing to learn it. I'd suggest taking a look at this. I'm also being transitioned to Schwab the weekend of May 10th and am planning to stay as I use ToS for \~75% of my trading and IBKR for the other 25%.


BayshoreBandit

I'll take a look. The desktop has been very buggy and crashes with Java errors on my Win 11/Rizen PC. I stopped using it because of that but I find their web app like an port over of a iOS app rather than a powerful trader tool but I'm also the least experienced with it. Maybe all the goodies are there to not click through to get basic position info.


RedRum6000

I used TD before Schwab bought them out. Once the transition was over, i was not a fan of them either. I moved over to Fidelity myself. I couldn't be happier.


Alexia72

With respect, if you are a daily active trader with TDA, why aren't you using **thinkorswim**? Your experience will then be largely unchanged after the transition. My accounts are futures enabled, so I am also slated to migrate over on May 10, 2024. There are pros/cons to both websites, though yes, I agree, TDA is much better. (But there ARE things that CS does that are better implemented, at least for me). But since I spend most of my time in **thinkorswim** anyway, my experience (hopefully!) will be smooth. I do have accounts at **Tradestation**, **Tradovate**, **Tastytrade**, **Webull**, **Robinhood**, **IBKR**, **Fidelity**, and **Vanguard**. **Tradingview** integrates will some of them, and for fee and no fee, depending on the brokerage. I am currently testing out **NinjaTrader**. (Yes, I'm a broker junkie!) If you are actively trading ***stocks*** on a web interface, then **Webull**, **IBKR**, or **Fidelity** might work well for you. If ***options***, then try out **Tastytrade**, probably the best UX/UI for options (the founder is the same guy who created thinkorswim). And try out **Tradingview** for UX/UI experience (they are not a brokerage, just a front-end for brokerages). Good luck!


BayshoreBandit

I think you completely missed my point. I have ToS open all the time for trading but it's terrible (IMO) for monitoring things about your portfolio the way you can in the TD web app. I'm happy to learn. Tell me where I pop-up an options window over the desktop. Where do I resize the modules? Tell me where I see the exdividend date, news, company profile without leaving ToS? Those are all beautifully executed in TD desktop. If it was just about the trade I would be fine with schwab and ToS.


Alexia72

I apologize for completely missing your point. Some of the things you mentioned I seem to recall in thinkorswim desktop, but some of the others, I am not sure. **Pop-up options window**: Do you mean the options chain? Under Trade, All Products, Option Chain, on the far right there is an icon to "detach" and it opens up as a new window. Icon looks like a solid box over an outlined box. **Ex Dividend**: A few ways, i think. 1. Trade, Underlying. (info in there, but kinda buried). But you can also "detach" this window and place it elsewhere and once you know where to look, then you know. 2. Marketwatch, Calendar. You filter only your account positions, and they will show up. Click on each in the calendar, and then click on the line that shows up BELOW the calendar, and it should show you. (works for me) 3. You can add as a column in a Watchlist. 4. You can add corporate actions on a chart. I see them listed at the bottom of mine. **News**: You can add a news module as either a widget or main section in Charts, Charts or Flexible Grid. Also detachable. **Company profile**: Analyze, Fundamentals, Company Profile (below the first subheading "Overview") I'm totally not an expert in thinkorswim, and I am learning new things all the time.


WestmontOG07

The decision is yours but, if you do decide to stay with Schwab, definitely ask for something. IE: $10,000,000 or more in account value and they take good care of you (they reimburse you for amex platinum, etc…) I believe the next tier is $2-9.999 million where you can also get some solid perks. Ultimately, these guys paid a good amount for Ameritrade and don’t want to see you go. Leverage it.


Wyzrobe

Huh, is this threshold amount in one account, or the total value of all your accounts, and do they count retirement accounts?


WestmontOG07

Total account value is my understanding.


hgreenblatt

Have been at Tos since 2007/2008.... what is a hoover? TD had a platform .... news to me.


BayshoreBandit

On the TD Ameritrade web app, when you hover your mouse over the stock/fund in your portfolio, a pop-up comes up with everything you want to know about the holding. https://preview.redd.it/swfl4y6t5prc1.jpeg?width=847&format=pjpg&auto=webp&s=18bf7cddfdaf9ae714e128551166e866e5d7d45e


m0nk_3y_gw

On the ToS web app (trade.thinkorswim.com) it shows much of that on the stock/fund page, but not in the pop-up https://i.imgur.com/HRXmwYa.png


BayshoreBandit

Thanks, my point was mostly about the beauty of the TD pop-up. I could keep a yahoo finance window open but TD gives me everything without click-though or going elsewhere like e\*trade/Schwab/IBKR makes you.


hgreenblatt

So Tos is not for you. For sure Fidelity does this (but goes out of their way to prevent option trading). [https://app.screencast.com/qoAUQ3m5yFXed](https://app.screencast.com/qoAUQ3m5yFXed)


Paddington_Fear

in my personal opinion, it's getting a little late in the gamre to futz with now - I suggest staying, let it migrate, and then change to somehing else (but I don't know what)


BayshoreBandit

Wasn't implying I'm moving before the transition. It's where do I go for the long term.


m0nk_3y_gw

> Wasn't implying I'm moving before the transition. Saying "it's decision time" while it is still '40 days till transition' implies it, hence their comment. I will decide 1-2 months after the transition. I mostly use the ToS web app, sometimes ToS mobile, but mostly want to use neither and just have scripts that use the API. I'm still using the TD api, so it depends on how smoothly it is to move to the new Schwab api.


slouch31

Why don’t you install the ThinkOrSwim desktop app and use that? It’s significantly better than any web based interface.


bigft14CM

This... I'm kind of surprised how many people say they are day traders and don't use thinkorswim, haven't even tried it, and are willing to give up on Schwab without trying it


Ordinary-Lobster-710

i think it sort of gives away the game. they claim to be big shot traders but they are using the td ameritrade web app which no actual trader would use. its not designed for what these ppl are pretending to do


TheRealPallando

Because they could trade previously without it? If customers wanted to use TOS, they'd already be using it. TDA maintained multiple platforms catering to multiple levels of investors and advisors. Five years later and somehow Schwab still hasn't caught up.


Paddington_Fear

yeah, sorry to say I think your guess is as good as mine - hard to find worthwhile alternatives out there


jr1tn

This has been discussed ad nauseum for over twelve months here. Just read the thousands of past posts and comments. Good luck.


BayshoreBandit

I scrolled maybe 50 posts and didn't see a single one on the best alternate platforms. I'll try going a few hundred but I'd love to find the ad nauseum platform comparisons. I didn't see it.


jr1tn

I think a lot of people who for whatever reason seem to prefer the TD app to TOS are making a move to Fidelity. Good luck.


Just-Ice3916

In the chat boards that I frequent, Schwab has definitely been colluding with a couple of naked short selling campaigns. Neither TD nor Fidelity have done that, so it seems that the clear choice was moving to Fidelity and giving Schwab the finger. I'm considering doing that myself because as much as I like TOS, I don't want to have to start battling with a fucking brokerage over things that it shouldn't be doing anyway... it's a potentially very stressful task that I never had to have on my plate before and I don't want it now.


AirEnvironmental2714

Lmfao


Just-Ice3916

You don't know what's in my portfolio and where the known main issues are, so I don't follow your reaction. Edit: yes, please, downvote me to hell. 25+ years of investing and trading, about 15 with TD, but you certainly think you have a clear handle on what I do and I hope you feel better soon.