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thinkorswim desktop vs uSMART Trade: catalog facts
thinkorswim desktop	uSMART Trade
Best for: Active traders with a Charles Schwab account	Best for: Retail investors trading US, Hong Kong and Singapore stocks through uSMART
Free The software is free to download for Schwab clients; trading fees and commissions follow Schwab's pricing.	Free The app is free; trading fees apply per uSMART's pricing, with no deposit minimum.
macOS	macOS, Android
Customizable layouts and analysis tools Covers stocks, options and futures trading All 3 strengths for thinkorswim desktop Customizable layouts and analysis tools Covers stocks, options and futures trading Free with a Schwab account	Fractional shares from 1/100,000 of a share Extended US trading hours All 4 strengths for uSMART Trade Fractional shares from 1/100,000 of a share Extended US trading hours Free real-time Nasdaq Basic and NYSE ArcaBook quotes No-fee in-app currency exchange
Requires a Charles Schwab brokerage account Aimed at active traders rather than budgeting	Requires a uSMART brokerage account Only useful with this one broker
Downloadable app	Downloadable app
Not open source	Not open source
License not stated	License not stated
Account needed	Account needed
Needs internet	Needs internet
Official website Full listing and sources Sources for thinkorswim desktop schwab.com/trading/thinkorswim/desktop Catalog checked October 1, 2026	Official website Full listing and sources Sources for uSMART Trade usmartglobal.com Catalog checked October 2, 2026

“Not stated” means we have not confirmed it. Features can vary by device and plan.