

To prevent this, you can complete an application to add the options trading feature at Schwab or close the options position before transferring, if you haven't already. Transfers submitted without appropriate options approval level at Schwab will be rejected.

Please note: Options approval may take 5-10 business days. Can I transfer these positions to Schwab?Īccounts at Schwab will need to be approved for options trading prior to the completion of transfers of options positions from your current brokerage firm. I have a brokerage account with options positions at another firm. These positions may either remain at the originating firm or must be liquidated prior to the completion of the transfer. Schwab does not currently support holding cryptocurrency positions. My current brokerage account holds a cryptocurrency position(s).

Below is a list of FAQs for you to review to determine next steps: Some transfers from originating firms are being rejected for various reasons.
