So far so good 4/5
I typically use a desktop to trade and cell phone to monitor positions. I didn’t know this app existed, but when I wanted to see futures the regular Schwab app required me to install this. I typically don’t I stall apps with this many negative reviews, but I noticed most of them were years old.
As I have only used it a day, I don’t have a total picture but I have traded on it without it crashing, used charts, looked up options, moved between several different accounts and so far, so good.
If it becomes unreliable, I wil update the review. Otherwise, feel sure that I am still enjoying it.
An awful experience 1/5
By Savvy Investor 117
I rarely leave reviews, but the experience with StreetSmart Mobile is so awful that it warrants one.
The application is nowhere as functional and useable as the mobile offerings from TD Ameritrade (thinkorswim) or IBKR (TWS). The graphs don’t support indicators. The trading ticket is very basic and doesn’t support more complex orders like one-triggers-OCO. And forget about tracking PnL correctly on Futures products.
One hopes that Schwab wraps up the integration with TD Ameritrade soon, brings over thinkorswim to support their accounts, and nukes StreetSmart Mobile from orbit.
PS: All of this is such a departure from the regular Schwab Mobile app, which is excellent for what it is meant to do.
Cannot use with cash account? 1/5
By Pax Orbis
Apparently one can only use this app with margin/futures account. If you have a cash account only you won’t even be able to open it. That’s absurd, Schwab needs a decent all around mobile trading app...
Cant close positions, roll etc 2/5
None of the buttons are working. Please help, i like the app, but it crashes and it does not work at times. Please fix
1 star 1/5
By CC Carson
Make this available for all trading accounts.
Terrible app. Ever time you click trade the app crashes.Impossible to place a trade using this app. Absolutely garbage. Unthinkable how a broker such as Schwab has such a terrible app. If I could rate zero stars I would.
Crash much 1/5
This app absolutely blows. It frequently crashes and when it works, it’s very slow. When it works, it’s buggy. For example, I went to close out a position today, the buy/sell buttons are blank. Can’t close out. I had to log in from my desktop
2009 technology 1/5
By Figure edgy
This app is terrible, freezes, spinning blue circle at every step. Your gonna loose money trying to trade with this. Complete garbage you will lose 25% waiting for it to refresh.
Not accurate 1/5
Very bad app you can’t do nothing compared to the desktop also missing option chain price
Managed expectations 3/5
The app works well enough for my situation. I only use the app for order entry . One major improvement would be a dark mode! It’s all white, at 5am with screen brightness all the way down.... ouch .
No orders brackets??? 1/5
I need the ability to add brackets to my order. Just like in the desktop version. .. Please add this feature to the mobile app.
Unstable and Clunky 1/5
This is the only Schwab iOS app to trade futures.
Multiple clumsy steps to get option quotes. Crashed a few times. Difficult to compare option strikes. Placing a limit order was clumsy especially with a volatile security.
The missed position entries and exits are not worth it. This whole app should be scrapped.
The Best They Could Do ? 🤦🏻♂️ 2/5
Was hoping to use this for some informed trading, but....Only portrait, no landscape views!
I’ll stay with access from my iPad via safari or their basic app. And that is way too basic.
Wish this was a better review 1/5
This app needs a whole new face lift, nothing about it is attractive or even arranged for easy analysis. Please remake this app with user friendly viewing and better menu.
Terrible. Use interactive brokers 1/5
Awful. Data stream is choppy. App constantly has bugs pulling up contracts. Fill notifications are late. Frankly I am going to pull money from Schwab. So sick of this trash application crashing constantly and not allowing me to enter trades. They have had long enough to figure it out
Always Crashing / Bad For Futures 2/5
This app is always crashing and when you’re trading futures that can cost you huge. Schwab needs to redo this app ASAP or I will be moving my account elsewhere.
Can’t even see my orders 1/5
I click on order status and can’t even see my orders. This app has too many bugs to reliably trade. I can’t wait for thinkorswim to replace this inferior app
It's faster to call the brokerage to make trades 1/5
I can't believe this is the premier app for trading on Schwab. Great broker, horrible app. You are guaranteed to miss entries because of how slow the app is and how long it takes to even load the quotes let alone make the trade.
Started to like it 5/5
Honestly I didn’t like it when I first started using it. But I am falling in love with it slowly and slowly. Now I understand the reason they designed it this way. Keep up the good work Schwab !
Very slow 1/5
This app is awful. It’s so slow. It lags at every click. It will cost you money to use this app. Use thinkorswim.
Bid/offer spread will go up to take advantage of you. 1/5
By be caerful
The app “seems” to remember your positions and intentionally/conveniently using bid/offer spread to hurt your p/l. I demanded a formal confirmation that this is not the case and the response is laughable - “please refer our app legal agreement for more info.”
Schwab’s Audience ... 1/5
I have for a short time used CW’s website, street smart app and the Schwab app, all three are not in my opinion active trader friendly. I think Schwab is looking for more casual/less frequent traders. ThinkOrSwim is light years better than this. Don’t even try to get a good entry through the website it takes forever just to enter a bid. I’ll be moving to another broker soon, hopefully these guys work their backend to work with TOS. In my opinion their software presents to much risk in just executing a trade.
A sad app 1/5
Needs a significant update ASAP. If you disagree, try to enter and then modify a buy-write or a spread.
Only available to select clients 1/5
Only available to select clients.
Not useful 1/5
Horrible charting interface. Bad trading interface. Laggy UI. Even worse than the web version.
Pure Sh!t 1/5
Gotta be the worst trading app I’ve ever experienced. It crashes about 90% of the time I use it. The developer’s should be fired or sued, or both. 😤
Worst app 1/5
You can’t trade any of their own etf. Defaults to options.
Clicking price switches order type 1/5
Three times now I’ve been in a frenzy to get out of a position. Clicking the bid or ask price changes your order type very subtly. So I think I’m selling and all of a sudden I doubled my position. [email protected]
Misleading app 1/5
Based on the name, you’d think it’s a mobile version of the desktop Street Smart software, right? Instead, it’s an unrelated options-only program that doesn’t even work until you call tech support to get signed up, and provides little of the same functionality as Street Smart. Which is also the name of this mobile app.
Worst platform I ever see 1/5
They make so much money no able to create nothing!
Use this account just like debit card only no any stock, options otherwise they will rape you off!
Platform freezing, giving no good prices- offull!
Very disappointing 1/5
Charles Schwab is better than this you guys need to step your tech game up it’s not just about
cutting commission that matters
Delayed. Delayed. Delayed. 1/5
Imagine preparing for a pitch after the pitcher has already thrown the ball. Imagine choosing a play for first down only to find out later it was fourth down. This app is blindfolding you. Please do not use for investing!!
I’m seriously thinking that the people that wrote the 5-star reviews work for Schwab. I opened an account alongside my Ameritrade account as the E-Minis are 20-50% amount if you day trade and are out by the end of the day. I’ll typically make 10+ trades a day (effortlessly with my other app) but Schwab would allow me to do 2 contracts for every 1. Unfortunately when there are so many errors and misquotes, it’s not worth it. I’ll keep my money in there for now but I’ll hold off on using the app until it’s come into this century!!! PAINFUL
Unusable at market open 1/5
Overall, it’s a solid app that is easy to use but it frequently is unusable at market open. Nothing but error messages, connection problems and spinning wheels. A good platform on the desktop but infuriating when attempting to trade the market open - which basically makes the whole app unusable because it’s not available for the heaviest trade part of the day. Completely unacceptable in 2019.
Needs a lot of work 1/5
By John's me
Charts are very bad. You can’t see the daily range of the day I.e open high low close from the charts, and some of the charts especially the currency futures charts are totally inaccurate. My suggestion is to look at td ameritrade and model your app after them.
Does Schwab CEO use this app 1/5
Anyone from Schwab use this app themselves internally before giving it to customers. Such slow login, no live quotes, no live CNBC. Hope someone from Schwab executive help the dev team.
Just waiting on Charles to upgrade :/ 1/5
Charles schwab company should hire more developers to get this app running to top efficiency. To the guys that are working on the app and it’s problem keep going I’m not talking junk about you . What I don’t like is how I can’t even access this for my mobile and just reading these reviews I am kinda glad I can’t do I won’t get the wrong data or delayed data . Please fix I kinda like this corporation!
Has a long way to go 1/5
I recently migrated from Interactive Brokers to Schwab because I changed firms and I sorely miss IB’s mobile app. As an avid options trader, Schwab’s app is missing almost all the functionality a trader of spreads needs in the app. There’s no way to add spreads to watch lists, I can’t customize the watch lists, symbol
Search is pitiful, commissions are easily 3-4x higher, and not to mention Schwab needs to update their margining system. My margin requirement tripled when I moved over. Anyone who wants to be an options trader should choose interactive brokers if they have that option.
Best place to trade futures options 5/5
This is the best place to trade futures options in real time. Hands down the best at what it does. In terms of prettiness, it could be better. The all in one trading ticket is hands down the best in the industry for futures options.
App crashes all the time 2/5
Too many times to count. Function wise is pretty good.
The transition to Schwab made this former OptionsXpress less usable. Very slow, unstable and a dated look and feel. Needs a major update!
Not available for Schwab customers 1/5
I rarely rate apps on anything but functionality, but I’m making an exception because of the branding. Why would they give this the same name as StreetSmart Edge and then not let customers who have access to that use this? Change the name or let us use it. Very frustrating.
Awful ! Crush frequently and display prices randomly 1/5
It’s definitely gone from Ok to unusable since optionxpress transfer. App loads slow, crush frequently and display prices randomly! How is this acceptable for a financial application with it’s size is beyond me. Just the last 2-3 days, I have submitted at least 5 app crush reports.
Bad data feeds and always crashing 1/5
I’ve been using the app to trade futures and futures options. The data feed seems buggy as its giving incorrect prices for p&l purposes which could scare someone into thinking they’ve lost on certain futures positions. Needs massive improvement not just on the accuracy of their quotes but the stability of the app is just unreliable. I’ve had this app crash multiple times and to makes matters worse, it tends to hang up when trying to pull simple quotes.
I hope Schwab fixes these bugs. The integration with optionxpress is now complete and the question comes whether or not they want to continue supporting the futures segment of their business.
Needs bugs fixed 2/5
Generally I like the app but it has had some bugs with the price selector that make it unusable for me. Needs work.
Doesn’t add up! 1/5
Have been monitoring my positions...options prices are streamed nicely but spreads don’t total correctly and/or refresh.
I really like the positions display because it groups all strategy options together as such but needs to title that grouping with the underlying stock. Also wish desktop version had this display format.
Still not totaling options correctly. Guess it’s not important to them. Will be using the app for gross figures but not a valid trading platform.
Getting worse 1/5
Just plain bad, sad to see them destroy the options express platform. It worked so well. Looking for new brokerage
Good promise 2/5
I don’t get why Schwab markets this service on their public pages without addressing eligibility. Poor form.
I like the idea. Please open to all Schwab brokerage accounts, or at least provide a way to opt-in!
very slow, not as buggy as the previous opx app. 2/5
update: why is the position screen using the wash sale cost base? it makes it so confusing. I have no idea if my current position is in the black or not, unless I subtract the cost from previous transaction. lowering it back to 2 stars.
*streaming data is working now. *
*performance has improved but watch list is still not usable*
I am using it everyday. It’s getting there.
needs too many clicks to navigate. It is a little bit more stable than the previous optionsxpress app.