Powerful and customizable trading platform
Developed by TD Ameritrade, ThinkorSwim is a trading utility platform program for desktop and mobile that allows you to have access to a wide range collection of elite-level trading tools. With this tool, you can perform trading analysis, as well as test trading strategies—which enable you to have idea generations with market scans and the ability to monitor any potential risk or reward. ThinkorSwim is supported by insights, education, and a dedicated trade desk that fully provides you a customizable trading experience tailored to help you formulate even the most complex strategies and techniques.
Risk-free paperMoney trading
The objective of ThinkorSwim is to enable you to experience various techniques and strategies using their sturdy paper trading platform. This allows you to take the best approach in trading when you decide to put real money on the line. In order to experience this, you have to sign up for a paperMoney practice account that contains $100,000 virtual money. You can also set a one-on-one demo schedule for you to learn how to thoroughly control ThinkorSwim. With your 30-minute walkthrough, you can talk with a member of their trade desk team who will teach you how to utilize every feature.
ThinkorSwim provides various insightful sections and features that will aid you to study, strategize, and select the best trade plan that has the capacity to vie in the competitive market. It provides an analysis section wherein you can place your concepts to test and customize your trading tool. These sections include Economic Data, Company profile, Options Statistics, and Earnings tool.
Furthermore, it provides more useful features like Market Maker Move (MMM) that tracks the expected magnitude of price movement based on market volatility and allows you to determine which stocks have the possibility to make a big move. It also provides a real-time Market Monitor that lets you view the entire market presented in mapping and graphics which consist of portfolios and lets you dive deep into forex rates, industry conference calls, and earnings. On top of that, it implements a 24/5 trading which gives you more potential market opportunities. ThinkorSwim is a vital program for you to practice your trading expertise and choose the best plan to apply in the real stock market.