Is ThinkOrSwim Disappearing? Here’s the news…
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Introduction
Thinkorswim, a popular trading platform, has been a topic of concern due to news involving Charles Schwab. Many users of Thinkorswim may be worried about the platform's future. However, according to a release from Investors Business Daily, Thinkorswim is not disappearing. Schwab has stated that the platform is here to stay and will be migrated to Schwab later in 2023. Additionally, Schwab has pledged to maintain low commissions, with most stock trades already being free. This news assures users that while their TD Ameritrade account will transition to Charles Schwab, the Thinkorswim platform will remain intact.
Keywords
Thinkorswim, trading platform, Charles Schwab, Investors Business Daily, migration, commissions, stock trades, TD Ameritrade, Schwab, traders, investors, webinar, consistency, markets, transformation, pitfall, live event, Q&A session, replay.
FAQ
Is Thinkorswim going to disappear?
- No, according to Schwab, Thinkorswim will not disappear. The platform will be migrated to Schwab in 2023.
Will commissions for stock trades remain low?
- Yes, Schwab has promised to keep commissions low, with most stock trades already being free.
What will happen to TD Ameritrade accounts?
- TD Ameritrade accounts will transition to Charles Schwab, but the Thinkorswim platform will stay operational.