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Charles Schwab Expands Trading Offerings to Support Forex and Futures Trading
Charles Schwab has expanded its trading services by adding futures and currency pair trading options to its thinkorswim platform, adding to the company's derivatives trading offerings.
The Thinkorswim platform supports trading in over 65 currency pairs. Traders are able to hedge against currency, interest rate risks and geopolitical events.
This is the first time that FX trading has appeared in the Schwab ecosystem and is an important milestone in the company's product offering.
Schwab has also committed to providing 24/7 expert support and educational resources, as well as supporting commission-free trading.
James Kostulias, Managing Director and Head of Trading Services at Charles Schwab, said: "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."
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Risk Warning:
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
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