Thinkorswim reviews Thinkorswim Discussion
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International offices | – |
Broker Type | Market maker |
Broker Status | Introducing broker for Penson Financial Services |
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Min. Deposit | $0 |
ECN account | |
Account Based Currencies | USD |
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Maximum Leverage | 50:1 |
Minimal Order Volume | 0.1 lot |
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Deposit/ Withdraw Options | Bank Wire • Paper Check • ACH Deposit |
Trading Terms
Trading Platforms | thinkDesktop webBasedTrading Autochartist |
Precision pricing | 4 digits |
Type of Spread | Fixed |
Commission | FX Commission and non-commission |
Lowest spread on EURUSD | 2 pips |
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Other Trading Instruments | Stocks • Energies • Indices • Futures • ETFs • Options • Bonds |
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What’s new
May 15, 2012: Add a listing for Thinkorswim.
Jack Zach says
At first glance Ameritrade/TOS appears to be a robust trading and analytics platform that’s included with having an account at Ameritrade.
But let me cut right to the chase and say that if you’re an experienced trader who relies on filters and other such tools to suss out potential trading opportunities, then Ameritrade is absolutely not the platform to use.
Even worse, although they offer a relatively robust menu of such tools, what you eventually find out after dedicating countless hours to learning their archaic programming language is that it doesn’t even matter because they don’t have the bandwidth to provide real time updates on the most basic of indicators..like Average Volume and whatnot.
So, net net, you’ll have a really impressive looking setup but when the bell opens in the AM you’ll see glaring red codes like NAN(Not Available Now) and the ever present “loading”..which won’t resolve until at least 2 hours into the trading day
Can I accurately relay how frustrating this is?
No, I can’t!
And when I spent my valuable time chasing down the person in charge of such functionality he basically told me that “We’re aware of this issue but unfortunately our bandwidth is prioritized toward our algo, black-box and flash trading clients”
And there you have it..
Pass!!