Schwab Adds 24/7 Crypto Futures and Expands Fractional Trading

Charles Schwab announced a new round of trading-platform updates on 2 June, including select cryptocurrency futures trading nearly 24 hours a day, seven days a week on thinkorswim. The update covers Bitcoin, Ether, Solana and Ripple futures products and marks Schwab’s first 24/7 product set inside the trading platform suite.

Schwab also expanded fractional and notional trading across its platforms to include most U.S. stocks and ETFs, with a new $1 minimum. The change lets clients enter a dollar amount directly in the trade ticket instead of using a separate fractional-share workflow.

Other platform additions include expected price range information for marginable securities on Schwab.com, dividend reinvestment controls in Schwab Mobile, mobile options-chain changes and order-status quote enhancements.

Why it matters

The update shows large U.S. brokers continuing to compete on trading access, platform workflow and crypto-linked derivatives rather than only on commissions. For active traders, 24/7 crypto futures access can reduce the gap between weekend crypto volatility and traditional brokerage hours, while dollar-based equity orders make portfolio sizing easier in high-priced stocks and ETFs.

What to watch next

Watch how Schwab stages eligibility and risk controls for crypto futures, whether the 24/7 model expands beyond the initial product set, and how thinkorswim users adopt the new trade-ticket and mobile workflow changes.