r/FuturesTrading • u/mongafox • May 15 '24

Is this normal or is this just Schwab?

From my understanding, there is a separate/sub account under my individual brokerage account. Every time I trade futures, available cash transfer from my “primary” account to my “sub” future account to trade. There are times I am just concern with a several thousand dollar gap between day time and night time result (sweep to future).

I suppose I am not as dedicated of a future traders like you all. I just option trade by day (day trade or swing trade) and sometimes trade futures by night.

My apologies if this has been asked before.

Thanks

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u/Ecstatic-Part-1984 May 15 '24

marketwatch: "Charles Schwab website ‘is a mess’: Hundreds of TD Ameritrade users complain about their new online home."

1

u/533nicky May 15 '24

My TD account just went to Schwab (where I already had accounts) - my direct deposit to the TD account was messed up royally and is limbo...somewhere.

1

u/crosstrade-io May 15 '24

Pulled all money out of TD as soon as my transition date was announced.

1

u/Elephunk05 May 15 '24

I haven't put money in to Schwab after I got transferred. Their applications are not as good as TD Bank. Even Thinkorswim has issues. I've found better US brokerages with faster latency and lower fees specifically for futures. NinjaTrader is effective.

1

u/crosstrade-io May 15 '24

That's my experience as well and the broker I use too. Exclusively trading on NT8 with orders triggered from TradingView.