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StreetSmart Edge Review
Charles Schwab has retired StreetSmart Edge®. The platform is no longer available for active use, and Schwab now directs traders to thinkorswim. The details below explain what changed and where Schwab clients should go now.
How to Download StreetSmart Edge
StreetSmart Edge can no longer be downloaded as a current Schwab trading platform. Schwab has retired all StreetSmart trading platforms, including StreetSmart Edge, StreetSmart Central, and StreetSmart Mobile.
Schwab clients who want a downloadable active-trading platform should use thinkorswim desktop instead. The thinkorswim desktop installer is available through Schwab, and Schwab also offers thinkorswim web for browser-based trading with no desktop installation required.
Operating System Requirements
StreetSmart Edge’s old system requirements are no longer relevant for current Schwab clients because the platform has been retired. Schwab’s current downloadable active-trading platform is thinkorswim desktop, which is available for Windows, Mac, Linux, and other operating systems.
StreetSmart Edge in the Cloud
The cloud version of StreetSmart Edge has also been retired. Schwab now points clients who want a browser-based advanced trading platform to thinkorswim web.
thinkorswim web does not require a software download and can be accessed from an internet-connected browser. It takes many essential tools from thinkorswim desktop and puts them into a streamlined web-based platform.
Schwab clients can also use thinkorswim desktop and thinkorswim mobile, depending on their preferred trading setup.
StreetSmart Edge Cost
StreetSmart Edge no longer has current platform pricing because it has been retired. Schwab clients get access to the thinkorswim platform suite for no charge. However, Schwab’s standard pricing still applies to trades placed through the platforms, including options contract fees, futures commissions, OTC commissions, service charges, regulatory fees, and other applicable costs.
Trial of StreetSmart Edge
StreetSmart Edge demo mode is no longer the current trial option because the platform has been retired. Schwab now offers a thinkorswim Guest Pass for people who want to try thinkorswim before opening a Schwab account.
Schwab clients can also use paperMoney on thinkorswim to practice trading with simulated funds. paperMoney is designed for testing strategies and learning the platform without risking real money.
This makes thinkorswim the current Schwab platform to review if you want a demo or simulated-trading experience.
Data Subscriptions on thinkorswim
StreetSmart Edge market-data details are no longer current because the platform has been retired. On thinkorswim, Level II is available as a gadget that displays best bid and ask prices for exchanges making markets in stocks, options, and futures.
For stocks and options, thinkorswim Level II can display predefined books such as:
- Level II
- NASDAQ Full Book
- BATS/EDGE Full Book
For futures, Level II displays several layers of the exchange book because each futures contract trades on a single exchange. Access to real-time market data is conditioned on accepting exchange agreements, and fees may apply.
Level II on thinkorswim can also be used for order entry. Clicking a bid price adds a sell order, while clicking an ask price adds a buy order.
thinkorswim Platform Overview
Since StreetSmart Edge has been retired, Schwab’s main advanced trading platform is now thinkorswim. Schwab offers thinkorswim in desktop, web, and mobile versions.
thinkorswim includes advanced charting, screening, analysis tools, trade and risk-management tools, built-in education, and paperMoney simulated trading. The desktop version is the flagship platform, while thinkorswim web offers a streamlined browser-based experience.
Schwab clients can use all of Schwab’s platforms or choose the ones that fit their trading style. For example, a client can use thinkorswim for charts and analysis while placing certain trades through Schwab.com.
The thinkorswim desktop platform is highly customizable and includes many tools for active traders, including flexible charting, watchlists, scanners, order tools, alerts, and platform settings.
thinkorswim web is designed for traders who want essential active-trading functionality in a browser-based workflow.
Once you have the workspace and defaults you want, thinkorswim desktop lets you save and reuse platform layouts.
Learning
Schwab no longer uses StreetSmart Edge as its current active-trading platform, so traders should focus on Schwab’s thinkorswim education. Schwab provides learning materials for thinkorswim, including platform tutorials, articles, support resources, and guidance for moving from StreetSmart Edge features to thinkorswim tools. Examples include:
- Order Types
- Charts
- Options Chains
- Watchlists
Schwab also provides trader education and platform support for clients who want help learning thinkorswim.
Finding Help
Schwab clients who need help with advanced trading tools should now use Schwab’s thinkorswim and trading support resources. Schwab provides trading specialists and customer support for platform questions, account questions, and trading-related issues.
Schwab’s trading support is available by phone and chat, and thinkorswim platform resources are available through Schwab’s website and the thinkorswim learning center.
For former StreetSmart Edge users, Schwab also provides StreetSmart-to-thinkorswim learning materials that explain how to find similar tools and workflows on the thinkorswim platform.
StreetSmart Central
StreetSmart Central has also been retired. Schwab states that all StreetSmart trading platforms have been retired, including StreetSmart Edge, StreetSmart Central, and StreetSmart Mobile. Clients who want a browser-based advanced platform should use thinkorswim web instead.
Updated on 7/8/2026.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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