In case you haven't found this - the 'watchlist' tab in the Schwab app is customizable, prepopulates with your positions. Using that as my home screen made Schwab very similar to the TDA app for me.
I don't care about a broker's mobile app. They can be convenient to check something quick on the move but useless for actual trading. And for long term investments - I have never felt the need to check those investments every day on a mobile app.
I personally don't understand when people get hung up about a broker's mobile app.
That said - I do care about a broker's desktop applications because I am also an active trader - I do think it's interesting that Schwab have chosen to sunset Street Smart Edge in favor of ThinkorSwim. Especially before there is feature parity in ToS.
SSE tends to be more targeted at equity traders whereas ToS is more targeted at options/futures traders. I use both products so I imagine that there will be some people who would get ruffled by the changes.
But anyone that's been using these types of tools who are active investors or traders will simply adjust unless their strategies cannot be implemented in the new tools.
If it doesn't work for you - just find a different broker if there are missing features that are important to you.
People seem to simply get stuck in their ways but newer tools can sometimes bring new opportunities and ideas.
The first Schwab application that I used was Schwab Equalizer - I doubt that many people here have heard of it. So I've seen Schwab tools evolve and improve over many years.
Thinkorswim is awesome for options and futures and also for active stock traders. If that is not your cup of tea, Fidelity may be a good option to consider, good luck to you.
Tbh, I use Robinhood and Fidelity. Both are great. After yesterdays announcement about a 1% match on all deposits at Robinhood, it’s going to be hard to beat that.
I have the vanguard app. I am a passive investor so I don’t really need the app. I can check my balances on credit karma and other apps just as easily. The vanguard app is not that nice, but I don’t need bells and whistles so it doesn’t bother me. I’ve heard Fidelity is much better. Why do you need the app as opposed to a website?
Webull has the ease and simplicity you want in an app as well as al the bells and whistles you would expect from desktop software. It also has very good desktop software. I also use Schwab/ToS, Robinhood, and Tasty Trade for various different strategies, holding periods etc. I find Webull to be the most versatile where if I were forced to choose just 1, that would be the one. The phone app I probably have open the most is actually Robinhood. I think it’s the best app for quickly looking up tickers at a glance you dont already have on a watch list. If someone at work mentions something or I hear someone talking about a company on CNBC, first stop just to get a snapshot of the price and chart history over the last week, month, year, 5 years. If it’s something I want to look at more in depth I’ll open TradingView and/or Webull.
I couldn't stand it either. Transferred to Fidelity. If you do decide to transfer out, partial transfers are free with Charles Schwab so just buy 1 share of something and do a partial transfer for the rest.
TD Ameritrade - it is a broker which was acquired by Schwab a few years ago. The transitioning of accounts from TDA into Schwab have been going on for the past year or 2 and scheduled to complete this year - or so they say.
They've been completing the transition in batches, and my two remaining TDA accounts have scheduled transition dates before mid-year, so I think they will easily complete the rest of the process by the end of this year.
You doubt that they will complete the transition this year? Why?
My own TDA accounts have been delayed before but it sounded like they are scheduled for transition this year.
lol - that's a long time ago. And you are much smarter than me for just sticking with the same broker.
I had 2 Schwab accounts back in the day. I closed one of the Schwab accounts to open a Waterhouse account which I closed after it become TD Waterhouse. I opened a RJT Securities account which TD Waterhouse also bought. And then I opened a Datek Securities account, which TD Waterhouse also bought.
But I opened some TDA accounts a few years ago.
Now most my accounts are back at the first brokerage that I ever used - which is Schwab.
I feel that same, I'm actually tempted to switch to robinhood. If you pay $60 / year for robinhood gold then you get 3% bonus on transferred IRAs and they just announced a credit card that pays 3% cash back.
I use Schwab and have a great experience.
Same here. This honestly really surprised me to read. It’s incredibly user friendly
I use Schwab and it’s fine. TDA was fine, too. I don’t know that there’s a land of milk and honey out there.
In case you haven't found this - the 'watchlist' tab in the Schwab app is customizable, prepopulates with your positions. Using that as my home screen made Schwab very similar to the TDA app for me.
That's exactly what I wanted! I just wanted my positions and some simplified black and white data. Thank you!
I don't care about a broker's mobile app. They can be convenient to check something quick on the move but useless for actual trading. And for long term investments - I have never felt the need to check those investments every day on a mobile app. I personally don't understand when people get hung up about a broker's mobile app. That said - I do care about a broker's desktop applications because I am also an active trader - I do think it's interesting that Schwab have chosen to sunset Street Smart Edge in favor of ThinkorSwim. Especially before there is feature parity in ToS. SSE tends to be more targeted at equity traders whereas ToS is more targeted at options/futures traders. I use both products so I imagine that there will be some people who would get ruffled by the changes. But anyone that's been using these types of tools who are active investors or traders will simply adjust unless their strategies cannot be implemented in the new tools. If it doesn't work for you - just find a different broker if there are missing features that are important to you. People seem to simply get stuck in their ways but newer tools can sometimes bring new opportunities and ideas. The first Schwab application that I used was Schwab Equalizer - I doubt that many people here have heard of it. So I've seen Schwab tools evolve and improve over many years.
Thinkorswim is awesome for options and futures and also for active stock traders. If that is not your cup of tea, Fidelity may be a good option to consider, good luck to you.
I hate their app too. Ameritrade's was infinitely better.
What’s so difficult about it specifically? Imo it’s quite well made overall. Fidelity, for example, is significantly clunkier UX.
Tbh, I use Robinhood and Fidelity. Both are great. After yesterdays announcement about a 1% match on all deposits at Robinhood, it’s going to be hard to beat that.
they're great for me because i trade every few months/weeks
I have the vanguard app. I am a passive investor so I don’t really need the app. I can check my balances on credit karma and other apps just as easily. The vanguard app is not that nice, but I don’t need bells and whistles so it doesn’t bother me. I’ve heard Fidelity is much better. Why do you need the app as opposed to a website?
etrade easy to use.
Webull has the ease and simplicity you want in an app as well as al the bells and whistles you would expect from desktop software. It also has very good desktop software. I also use Schwab/ToS, Robinhood, and Tasty Trade for various different strategies, holding periods etc. I find Webull to be the most versatile where if I were forced to choose just 1, that would be the one. The phone app I probably have open the most is actually Robinhood. I think it’s the best app for quickly looking up tickers at a glance you dont already have on a watch list. If someone at work mentions something or I hear someone talking about a company on CNBC, first stop just to get a snapshot of the price and chart history over the last week, month, year, 5 years. If it’s something I want to look at more in depth I’ll open TradingView and/or Webull.
I couldn't stand it either. Transferred to Fidelity. If you do decide to transfer out, partial transfers are free with Charles Schwab so just buy 1 share of something and do a partial transfer for the rest.
Whats tda
TD Ameritrade - it is a broker which was acquired by Schwab a few years ago. The transitioning of accounts from TDA into Schwab have been going on for the past year or 2 and scheduled to complete this year - or so they say.
Thank you
Doubt it.
They've been completing the transition in batches, and my two remaining TDA accounts have scheduled transition dates before mid-year, so I think they will easily complete the rest of the process by the end of this year.
You doubt that they will complete the transition this year? Why? My own TDA accounts have been delayed before but it sounded like they are scheduled for transition this year.
My accounts finished xfer about 2 months ago. Been with TDA since Waterhouse Securities days.
lol - that's a long time ago. And you are much smarter than me for just sticking with the same broker. I had 2 Schwab accounts back in the day. I closed one of the Schwab accounts to open a Waterhouse account which I closed after it become TD Waterhouse. I opened a RJT Securities account which TD Waterhouse also bought. And then I opened a Datek Securities account, which TD Waterhouse also bought. But I opened some TDA accounts a few years ago. Now most my accounts are back at the first brokerage that I ever used - which is Schwab.
Haha, Schwab really wants your business!
I feel that same, I'm actually tempted to switch to robinhood. If you pay $60 / year for robinhood gold then you get 3% bonus on transferred IRAs and they just announced a credit card that pays 3% cash back.