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THINKORSWIM PLATFORMS

thinkorswim® trading platforms give you the power to go deeper.

With award-winning thinkorswim® trading platforms, you get powerful features and real-time insights that let you dive deeper into the market and your trading strategies. Not just one platform but three, thinkorswim meets you where you are—to fit with your trading style, skill level, and preferred way to trade.

thinkorswim desktop

No-holds-barred trading experience.

The flagship of the platform suite, this fully customizable trading software provides access to elite trading tools that give you the power to test your strategies, develop new ideas, and place even the most complex trades.

Learn more about thinkorswim desktop.

thinkorswim mobile

Desktop trading power that fits in your pocket.

A one-stop trading app that packs many features of thinkorswim desktop into the palm of your hand. Stay connected to the market on the go with this secure trading platform—optimized specifically for mobile.1

Learn more about thinkorswim mobile.

thinkorswim web

Streamlined trading—optimized for action.

This web-based platform takes the essential functionality from thinkorswim desktop and packages it into an intuitive online trading interface. Available from almost any browser—no download necessary.

Learn more about thinkorswim web.

Compare the unique features of each thinkorswim platform—and other Schwab trading platforms—to discover which is right for you.

What you get with thinkorswim.

Robust charting and analysis

Choose from hundreds of technical indicators, studies, and drawing tools to help you better visualize potential risks and opportunities with your trades.

Built-in insights and education

From expert commentary and live-streaming news, to on-demand education via the Learning Center and Schwab Coaching®, our educational resources let you expand your knowledge without taking your eyes off your trading.

Focus on continual innovation

Your feedback is key to keeping thinkorswim as innovative as possible. That's why we sort through in-app comments, platform analytics, phone calls, and social media to fuel future updates.

Broad range of products

Act on nearly any trade idea with stocks, ETFs, options, futures2, and forex2. Plus get 24/5 trading for over 1,100 stocks and ETFs. 
 

Practice trading on thinkorswim with paperMoney.

Built in to all thinkorswim platforms, paperMoney®3 is a virtual trading environment that allows you to test and refine strategies in a live market simulation—using many thinkorswim tools and features.

Trading at Schwab is powered by Ameritrade.

Award-winning thinkorswim platforms.

Trade with cutting-edge tools and technology made for traders, by traders.

More trading education than ever before.

Sharpen your skills with an expanding library of resources tailored to traders.

Real support from real traders.

Get platform, product, and trading strategy support from a Trade Desk team of trading specialists.

Commission-free trading experience.

Trade listed equities online for $0 commission and options for $0.65 per contract.4

Schwab Crypto is coming soon.

Get ready to buy and sell Bitcoin and Ethereum at a price among the lowest in the industry—the fee is just 0.75% of your trade value and zero spread. The all-new Schwab Crypto™ account is coming, offered by Charles Schwab Premier Bank, SSB.

Stylized Bitcoin symbol inside a glass-like button against a dark blue gradient background

Try thinkorswim for 30 days with a Guest Pass.

Have questions? Let's talk.

thinkorswim trading platform FAQs:

Yes. Schwab clients get access to the thinkorswim® platform suite for no charge. However, when it comes to trades placed through each platform, Schwab's standard pricing applies. 

A Schwab account is required to log in to thinkorswim platforms. If you don't have a Schwab account but are looking for a way to see what it's like to trade with thinkorswim, you can do that via a Guest Pass.

thinkorswim trading platforms are good for both beginners and advanced traders alike. If you're just getting started with trading, Schwab can help grow your knowledge and skills with a wide array of live and on-demand education designed for traders at all levels. And you can always talk to one of our trading specialists, they're available 24/7. 

The first step towards trading on any thinkorswim platform is to open an account and add funds via electronic (ACH) transfer, wire transfer, or by depositing a check.  

There is no minimum funding amount required to open a Schwab account and use thinkorswim trading platforms, however there are account minimums and certain other requirements that must be met to trade specific products like options. 

Yes, you can day trade on thinkorswim. You'll need a Schwab brokerage account in order to use thinkorswim trading platforms, and to day trade, you'll also need to be margin approved and maintain a minimum equity of $25,000 in the account at all times. On thinkorswim, each day's Day Trade Buying Power is displayed within the platform, so you can see the amount of marginable stock you can day trade without incurring a margin call.5

1. Requires a wireless signal or mobile connection. System availability and response times are subject to market conditions and your mobile connection limitations. Functionality may vary by operating system and/or device.

Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction. Supporting documentation for any claims or statistical information is available upon request.

2. Futures, and Futures options trading involves substantial risk and is not suitable for all investors. Please read the Risk Disclosure Statement for Futures and Options prior to trading futures products.

Forex trading involves leverage, carries a substantial level of risk, and is not suitable for all investors. Please read the Risk Disclosure for Forex: https://schwabbank-ssb.com/contact.

Futures and forex accounts are not protected by the Securities Investor Protection Corporation (SIPC). Forex accounts do not receive a preference in any bankruptcy proceeding pursuant to Part 190 of the CFTC's regulations. 

Read additional CFTC and NFA futures and forex public disclosures for Charles Schwab Futures and Forex LLC

Futures, futures options, and forex trading services provided by Charles Schwab Futures and Forex LLC. Trading privileges subject to review and approval. Not all clients will qualify. Forex accounts are not available to residents of Ohio or Arizona.

Charles Schwab & Co., Inc., Charles Schwab Futures and Forex LLC ("Schwab Futures and Forex"), Charles Schwab Bank, SSB and Charles Schwab Premier Bank, SSB are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Securities brokerage products are offered by Charles Schwab & Co., Inc. (Member SIPC). Schwab Futures and Forex is a CFTC-registered Futures Commission Merchant and a NFA Forex Dealer Member and offers brokerage services for futures, commodities and forex interests. Deposit and non-mortgage lending products, including the Pledged Asset Line, are offered by Charles Schwab Bank, SSB, Member FDIC and Equal Housing Lender, and Charles Schwab Premier Bank, SSB, Member FDIC.

3. The paperMoney® software application is provided for educational purposes only, and allows users to engage in simulated trading with hypothetical funds using live market data. Market activity, trade executions, transaction costs, and other elements presented in paperMoney are simulations only. Simulated performance does not ensure success in a live environment.

4. Standard online $0 commission does not apply to over-the-counter (OTC) equities, transaction-fee mutual funds, futures, fixed-income investments, or trades placed directly on a foreign exchange or in the Canadian market. Options trades will be subject to the standard $0.65 per-contract fee. Service charges apply for trades placed through a broker ($25) or by automated phone ($5). Industry fees, ADR fees, and Stock Borrow fees still apply. See the Charles Schwab Pricing Guide for Individual Investors for additional details.

5. When considering a margin loan, you should determine how the use of margin fits your own investment philosophy. Because of the risks involved, it is important that you fully understand the rules and requirements involved in trading securities on margin.

Margin trading increases your level of market risk. Your downside is not limited to the collateral value in your margin account.

Schwab may initiate the sale of any securities in your account, without contacting you, to meet a margin call. Schwab may increase its "house" maintenance margin requirements at any time and is not required to provide you with advance written notice.

You are not entitled to an extension of time on a margin call.

Access to electronic services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons.

Symbols and price and volume data shown here are for illustrative purposes only, and do not constitute a recommendation by Schwab to buy or sell a particular security.

Schwab does not recommend the use of technical analysis as a sole means of investment research.

Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment. 

Extended Hours Trading may not be suitable for all investors and poses certain risks. These risks include, but are not limited to, lower liquidity, higher volatility, extended hours pricing not reflective or different than pricing during regular trading hours, impact to price display and execution quality from unlinked markets, news announcements, and wider spreads. To learn more call 800-435-4000.