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Featured Broker

ThinkOrSwim

thinkorswim, founded in 1999 and headquartered in Chicago, is an online brokerage company specializing in options. We support retail and institutional traders through our own trading platforms.

 
 
300 Total Reviews
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5-Star       (164)
4-Star       (84)
3-Star       (27)
2-Star       (12)
1-Star       (17)
   
Top Review
 
Great For Technical Analysis And Day Trading
TOS is a great all-around platform. Customer service is excellent, and the technical analysis tools are great too! They also have a really...
Duncan24
 
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Good for investors and options
A good platform for long term investors with IRA accounts and option traders. If they cut the prices on commissions just a bit, it might be perfect. Their charts are great to use and customizable for technical traders. The option tools are pretty nice too. They even offer nice squawk feeds in their chat rooms for free. This is not a direct access platform for day traders. This is more like a boutique shop with all of the bells and whistles.

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Probably the best free trading software around.
Very well thought out, intuitive design. The only problem I've ever encountered with it is that sometimes my settings don't save.

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The Most Comprehensive Trading Software Available
ThinkOrSwim is a great platform which gives you as a trader all the tools you'll need.

It has a ton of tools needed to do the most comprehensive technical analysis if you want to. You can easily set up a lot of screeners and studies within the software, but it also gives you the opportunity to go real deep with writing in the ThinkScript language.

You can find so much information online about the software which can be overwhelming in the beginning. I recommend watching the videos in the Learning Center of ThinkOrSwim itself.

When first starting out with TOS you'll have to change some settings to get real-time Level2 quotes, don't really understand why they don't have this preset for you when you install the software.

The commissions for day-trading can add up as they're pretty expensive compared to other online brokerage accounts.

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super fantastic once you get use to it
Great platform once you get use to it. Make sure you watch a few videos to make sure you know how to set your charts up. This platform has everything you need as a trade level 2, time and sells, multiple charts and scans.

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Moved from Small Broker for the Tools- Very Satisfied.
I like it- like a lot of great programs- does more than most of us need. But I plan on learning.

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Favorite Indicators
Think or swim is great free software. I really like the collection of Elliot Indicators. They have so many indicators, more than any other platform I've used.

They also have an awesome options chain. If you like complex options orders, Think or Swim is great.

In terms of actually execution trades out of a Think or Swim account, I think it's only good for occasional traders. An active day trader making 10-20 trades per day is going to pay way to much in commissions.

I would use Think or Swim for charting and use a cheap broker for your trading.

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Love the Platform
The ThinkOrSwim platform is arguably the best platform out there. I use the charting package and level 2s for all my trading. Although I trade with a prop firm and use a different platform to clear through I would highly recommend the ThinkOrSwim Platform. It's a little pricey, especially to trade small. With a small account you have to nail your entries and stick to your guns because $20 round-trip go destroy your profits.

Customer service is great. I've had to call in a few times to talk with a rep and they are always friendly and helpful.

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Excellent
I use TOS for nearly all my trading and the platform is fantastic, easy to use, and has the capability to do a tremendous amount of analysis if you should be into that. Primarily, my purpose is fast executions with prices I try to receive and they do that. customer service is excellent as well.

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Best broker out there
All in one broker right here. They have all the tools u will need level 2 quotes. there platform does take a little time to get use to but a really good broker.

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This platform is strong! Still learning, excellent tools!
Complex and large amount to learn...but TOS team provides excellent support, chats and this platform is great for following the market, charts, tech analysis. Shadow Trader chat is good to follow.

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