Desk file · 2026 edition · record confidence: high
Charles Schwab Futures and Forex
We opened the file on Charles Schwab Futures and Forex the way we open every file: register first, marketing never. Trading since , run out of United States, and carrying 1 licence entry on the public record, 1 of them tier-1.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | not verified |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | not verified |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $not verified |
Spread basis. . Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| CFTC / NFA | NFA ID 0477394 | United States | T1 | Charles Schwab Futures and Forex LLC | nfa.futures.org |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- Charles Schwab Futures and Forex LLC is a CFTC-registered Futures Commission Merchant and NFA Forex Dealer Member with NFA ID 0477394.
- The firm states it is also notice-registered with the SEC.
- Futures and forex trading is offered exclusively on the thinkorswim platforms following Schwab's integration of TD Ameritrade.
- The entity is a subsidiary of The Charles Schwab Corporation, which is listed on the New York Stock Exchange.
- Schwab publishes FCM and Forex Dealer Member disclosures required by CFTC Regulation 1.55 and NFA Rule 2-36.
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- founding year of the entity
- minimum deposit
- EUR/USD spread
- account type names
- negative balance protection
- founding year
| Founded | |
| Head office | United States |
| Minimum deposit | not verified |
| Leverage cap | 1:50 (US majors, CFTC limit) |
| EUR/USD | not verified pips |
| Tier-1 entries | 1 |
| Record confidence | high |
Platforms and account types on file
Platforms
Account types
Markets
Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.