Connect Charles Schwab to Nyria

To connect Charles Schwab, select its card on the Integrations page, choose Connect live account, sign in at schwab.com and select Allow. Nyria then imports every account on that login, and you pick one when you deploy a bot. Schwab ends access every 7 days, so you sign in again to reconnect.

Prerequisites

You need:

• An active Charles Schwab brokerage account in good standing. New accounts can take 1–3 business days to be eligible for API access after funding clears.
• Options approval at the level your trades need. See Account not approved for options.
• Margin enabled to trade short stock or short option spreads. Cash accounts cannot hold short positions.
• A Nyria account. Connecting Schwab is free. A bot on it needs a Nyria Pro plan, or access to a Premium strategy you've bought. See pricing and limits.
• Time to sign in to Schwab again every 7 days. Schwab requires it.

Step 1: Find Schwab on Integrations

Step 2: Sign in to Schwab

If Schwab shows an error instead, see common errors.

Step 3: Choose the account a bot trades

Nyria imports every account on your Schwab login. When you deploy a bot, pick one on the Account step. To run the same strategy on a second account, deploy a second bot.

Common errors and fixes

Schwab shows Disconnected

Schwab ends Nyria's access every 7 days, and any other time it wants you to sign in again. Bots on the connection place no orders until you reconnect.

To reconnect:

Your bots trade again from the next alert.

Insufficient buying power

Schwab rejected the order because it would exceed your available cash and margin. The usual reasons:

• Credit spread sizing: Schwab reserves the max loss (width − credit) as buying power. A 5-wide SPY put credit spread sold for $1.00 reserves $400 per contract.
• Unsettled funds: in a cash account, Schwab can reject the sale of a position bought with unsettled funds. For that reason, or another that clears by itself such as a Schwab outage, Nyria re-sends that close once, after re-checking the position at Schwab.
• Day-trade buying power used up in a pattern day trader account.

Lower the bot's budget per entry, or wait for funds to settle, then send the alert again.

Invalid option symbol

The strike or expiry Nyria built isn't on Schwab's option chain. This happens when:

• The strike rounded to a value Schwab doesn't list, such as a $0.50 increment on a stock that only lists $1 strikes.
• The expiry is a non-standard date Schwab doesn't carry.
• Schwab hasn't listed that weekly expiration yet. Listings can lag by a day.

Change the leg's strike or DTE rule on the strategy, or the contract in the alert.

Account not approved for options

Your Schwab options level is too low for the order Nyria tried to place. Each level allows:

• Level 1: long calls and long puts
• Level 2: Level 1 + covered calls + cash-secured puts + long spreads
• Level 3: Level 2 + short spreads + uncovered short index options
• Level 4: Level 3 + uncovered short equity options

Apply for a higher level in Schwab's client portal under Service → Account Settings → Trading & Margin → Options. Approval usually takes 1–2 business days.

Schwab says access denied

You selected Deny, or closed the tab, on Schwab's authorization screen. Start again from step 1 and select Allow.

Schwab sign-in error

Schwab's sign-in failed. Try again in a few minutes. If it keeps failing, email contact@nyria.io.

What this connection doesn't do

Nyria doesn't trade futures or crypto on Schwab. For spot crypto, use tastytrade or Alpaca.

Related

• Schwab: what it trades, and its limitations.
• Webhook reference: every field Nyria reads, including the legs array for multi-leg option orders.
• Options: how Nyria models single legs and spreads.
• Quick start: the end-to-end first-strategy walkthrough.
• Troubleshooting: broker, alert and bot errors.