Schwab Mobile App Support

Schwab Mobile App User Reviews

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Schwab Mobile Pros

✓ Great app but not as intuitive as it could beThe stock tax section is confusing. The order filter should automatically filter out confirmed orders. The gain and loss section seems to reset after each year, so I don’t know how much exactly I am up. The account value function at the beginning some times shows total account value gain that takes into account money you transferred in for investing and not actual investment gain. But everything else is perfect, I would like more stock slices and make it easier to trade options, i was approved but have been unable to do so. I would also like the ability to use the investment tools I can on the schwabb website. The fact there are no transaction fees is better than a lot of brokerage firms, but could encourage over trading for the inexperienced investor. The fact that you can buy ADRs and foreign stocks is great, but the tax situation is kind of murky..Nuclear war is fun !!!Version: 11.5

✓ Good AppA lot of people rating this app have an issue with changing their passcode from 4 to 6 digits, but if I’m banking on my phone I’d rather use a stronger passcode so if my phone gets stolen, my financial information is safe. What’s the problem with adding 2 digits? Some criticisms are fair though: the gains/losses section should update more frequently and the app crashes more often than I’d like. Still, this is my go-to app. Much better than having to go to the actual website. Furthermore, the market summaries are updated frequently and really do a good job of giving investors a quick look into what the stock market is doing. Having easy access to the stock research PDFs is also really convenient and allows inexperienced investors to accurately assess whether they should buy or sell..Jnier19Version: 8.3.1

Schwab Mobile Cons

✗ Good for trading, bad for monitoringI’ve been a Schwab customer for 20+ years and I trade fairly often, including both equities and options. I use the iPhone and iPad app and they both have two fundamental flaws when it comes to monitoring positions. For one, there is no way to sort your positions by % gain/loss, $ gain/loss or any other way - they are permanently listed in alpha order by company name. Being able to customize the sort is such a basic feature, and one that every stock monitoring app has, and it’s absurd that you can’t do it here. Second, you cannot view a position’s day change and overall gain/loss on one screen - you have to flip back and forth between screens to get the complete picture. I understand that compromises have to be made for mobile apps, but there ought to be a way to see a more complete picture of your positions on one screen. And if you must limit the amount of info on a screen, at least give the user the option to choose which information is viewable. Again, simple customizations go a long way. Otherwise the app is generally easy to use, fast, and offers a fairly simple platform for making trades..MotoindcVersion: 9.2.0

✗ Average for investments, horrible banking appThe investment part is fine, Charles Schwab research is good, no problem from this side. The banking/checking part is terrible, particularly if used as a joint account. When a debit card on the account is used as a credit card, the charge correctly shows as pending until the day it is posted, in which case, sometime between 12:30 and 1300 eastern time is the day the charge is going to be posted, the charges disappear and you bounce back to the previous balance, and these pending charges reappear as posted around 1900 that evening. If you are the only user of this card, it might not be a big deal, assuming you keep a accurate checking register on paper, your phone (separate from the Charles Schwab app), or you just are good with numbers. However if this is a shared/joint account, it makes it extremely difficult to use the banking/checking feature as a normal spending checking account..NeedToTryAgainVersion: 10.9

Is Schwab Mobile legit?

✅ Yes. Schwab Mobile is 100% legit to us. This conclusion was arrived at by running over 725,310 Schwab Mobile user reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. Based on this, AppSupports Legitimacy Score for Schwab Mobile is 91.9/100.

Is Schwab Mobile safe?

✅ Yes. Schwab Mobile is quiet safe to use. This is based on our NLP analysis of over 725,310 user reviews sourced from the IOS appstore and the appstore cumulative rating of 4.7/5. AppSupports Safety Score for Schwab Mobile is 93.9/100.

Should I download Schwab Mobile?

✅ There have been no security reports that makes Schwab Mobile a dangerous app to use on your smartphone right now.