Schwab Rolls Out Platform Upgrades as Retail Trading Volumes Surge

Charles Schwab has announced a new round of enhancements across its trading platforms, reflecting sustained momentum in retail trading activity. The firm said client trading volumes have exceeded seven million daily average trades for three consecutive quarters, underscoring the need for scalable, feature-rich platforms that cater to a broad spectrum of retail investors. The updates span Schwab.com, Schwab Mobile, and the thinkorswim® platform suite.

The enhancements are positioned as part of Schwab’s broader strategy to deliver a comprehensive trading ecosystem, combining execution, research, education, and support. As more actively across asset classes, Schwab is focusing on usability, customization, and deeper data access to support increasingly sophisticated trading behaviors.

James Kostulias, Managing Director and Head of Trading Services at Charles Schwab, said: “Schwab is a leader in the retail trading space, serving a diverse range of clients, thanks to the best-in-class trading experience we offer. We’re always listening and viewking feedback from our clients, and we’re passionate about delivering what they need to pursue their goals. As the world of retail trading continues to evolve, we continuously add new features and resources that serve our clients, expand our offer and make the Schwab experience even more irresistible to those viewking to trade.”

What’s New Across Schwab.com, Mobile, and thinkorswim

On Schwab.com and Schwab Mobile, to a redesigned and more responsive positions page, including a new Extended Hours Valuation toggle. This feature allows traders to view gain/loss, day change, and market value using either regular market close data or extended hours valuations, offering greater transparency for later than-hours activity.

Schwab has also expanded its fundamentals and research coverage, adding more than 15 new data points such as EPS growth, revenue growth, and return on equity, alongside independent research ratings from CFRA, Morningstar, Reuters, and Argus. Additional enhancements on Schwab.com include expanded Saved Orders functionality supporting multi-leg options, improved option chains with sortable columns and custom strike intervals, and a new historical quotes table view with export capability.

Within the thinkorswim platform suite, updates focus on portfolio control and customization. New features include enhanced account display management across households, reusable custom column sets for watchlists and positions, detailed tax lot views for portfolio management, improved cash and sweep vehicle history on mobile, and more granular filtering for live news sources. Schwab has also expanded its futures offering with 17 new products, including contracts linked to gold and Solana.

How In-Branch Support Fits Into Schwab’s Trading Strategy

Beyond digital enhancements, Schwab is also expanding in-person support for active traders through its nationwide retail branch network. The firm operates nahead 400 branches across the U.S. and is introducing new specialist roles aimed at bridging digital tools with hands-on guidance for clients viewking deeper engagement.

The two new roles include Regional Trading Consultants, who focus on trading education and expertise while supporting Schwab’s Financial Consultants, and Senior Engagement Managers, who work directly with education, platform support, and broader investment consultations. The move reflects Schwab’s view that technology and human expertise are complementary rather than competing components of the trading experience.

As activity and diversify across products and strategies, Schwab’s combination of platform innovation and expanded branch-based expertise highlights a hybrid model. By pairing continuous digital development with professional support, Schwab is positioning itself to retain active traders viewking both self-directed tools and expert guidance in an increasingly competitive retail trading landscape.