thinkorswim User Reviews

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  • Not user friendly with key functionality faults

    This platform is not user friendly. If you are a regular investor whose regular job is not placing trades one after another then find something more user friendly option. Because to place a trade you will not remember the terms and their lingo.

    Counter to the ads run by TD Ameritrade with the geek broker trying to convince you can do everything on this platform. Well if you know the lingo and have years of experience with a brokerage firm, yes. Otherwise to place a trade you’ll be reading glossary rather than getting your desired price.

    Furthermore, the platform lacks functionality. It does not simply override your commands over a limit order. You have to first cancel a limit order then place your market order. By that time you do this the market price has moved. The support staff is pretty cocky. They expect you know this stuff and act as if you don’t know what you are saying. If you have worked in a brokerage and know what the terms are like OCA bracket then download this is for you. Otherwise do not waste your time. This is my honest advise.
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  • Sink or Swim app and Teaching staff

    I have been investing for over 40 years taking a lot of investment classes, trade actively, but never was able to do a lot of graphing that I needed. I spoke to TD Ameritrade which signed me up for I sink or swim 45 minutes teaching lesson.
    First we talked about what type of graphs I was interested in, and proceeded to do about six different graphs. Efrain Gonzalez was the instructor and did a tremendous job. I learned a lot and do the graphing on my own while Efraim watch. My confidence level is up to 90% and I have reschedule another session to nail it.
    Great job thank you so much . I really appreciate this service and mention sink or swim to several of my friends that also trade at TDameritrade which were not aware of this program. Strong work and May the trades be with you.
    Need to keep Efram on your side. He is a valuable assist to your company. Thank you SKR.
    P.S. being able to have the graphs and my abilities to interpret them I have $80,000 that I am up and going higher in two weeks.
    Love sink or swim.
    Need to get the word out on sink or swim at TDameritrade
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  • Could be 5 stars.....but...

    Although there is an option to stop non trade broadcast messages.... TDA ads for their own video shows don’t get blocked.... so one has to stop whatever one is working on to see if a trade has executed or it’s just a TDA ad that is of zero interest. If one has broadcast messages disabled, it should disable ALL broadcast Ad messages, at least during ALL hours of Trading. I don’t think “they” get the issues of unnecessary interruptions.
    Some minor features could be better... alerts when setting have only one default relation, >. Seems a test could be done to choose an initial < or > depending on the value entered relative to the current price...who enters an alert that will trigger as soon as submitted?

    Would be nice if the app was a little better integrated with webpage access when in comes to alerts.
    The app does a reasonable job. Really could be a 5 Star... but it’s not.
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  • Not a fan

    I don’t like the platform, it’s not intuitive to me for trading. I love it for research, and I like the drawing tools. That’s the only reason I gave it 3 stars. I tried to use it as a platform, and it is confusing to me. I was really hoping for it as an entry into forex, but after several hours, I couldn’t understand how to do basic things like make a limit order or create a stop on an already executed order. I probably should have spent more time in the paper trading function, which I appreciate they have, but at the end of the day, due to frustration, I made market orders that led to unprofitable trades.

    Maybe it’s a “me “ problem- if you can figure it out they have amazing charting software for no required investment, but for me , it’s usability and ability to price my trades. I’ll use ToS for charting and robinhood for execution any day. Can’t get my money out fast enough.
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  • TDA / CS’a best value proposition

    The TOS platform is by far the best broker bundled trading platform I’ve ever used. It’s intuitive user Interface and scalability makes for a powerful tool. There does seem to be some issues with data throttling during high volume/volatility days; and certain data such as “% institutional ownership” are omitted; also the economic data section needs to be reorganized and updated real time. But understandably TOS is not a Bloomberg terminal so I’m sure the breadth of information is a function of cost.

    I consider Think or Swim a core competency and hope it will continue to be available regardless of perceived “cost synergies” of consolidation of Schwab’s two trading platforms post merger.
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  • Great Software, BUT...

    Almost everything about the platform is smooth and easy to use. That being said, users want a more engaging experience with their apps...we want to see pie charts for the different sectors in which we invest...check out M1 and how beautifully engaging their visuals are. Even left-brained investors, like myself, appreciate visuals like pie charts...or any way to view the dispersion of allocation over industries/sectors. Also, I would love to be able to see my dividend info (estimated income, growth over time, etc.) in a visually pleasant manner; this currently isn’t available at all on the mobile app. These graphics would encourage more investment because of upward trending psychological behavior and/or because of re-allocation when visually seeing positions that are over-weighted.
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  • Make available in Australia

    Would use if it was available, even just the paper money service.
  • Thinkorswim rocks!

    Other platforms don’t come close!
  • Australia

    Will this platform ever be available in Australia?
  • Better than the web on desktop, for options

    2020 October Update
    More stable this year, and very fast on iPhone SE (2020)

    The THEO theoretical price for option legs just disappeared on Oct 14, please add it back !

    Legacy comments on old versions:

    2017 October update:
    Customization of what columns to show and in what order to show them in is great, and is available for ticker symbol watchlist, portfolio positions, and entered (open or filled or cancelled) orders screens.

    It asks me for my password a lot more often, it should use touchID more often.

    2017 July update:
    -1 star for nagging me to write a review and popping up reminders to write a review while the market is open.

    After demerits for review whoring, TD/ThinkOrSwim still earns a strong four star rating from me, a long term customer and option trader.

    ToS and TDAmeritrade understands what option traders do, and makes it easy to do.

    Recent editions have been weak about populating a market 'mark' price quote into lists of open orders. This missing the mark problem continues in 2017 June.

    Thoughtful improvements, but the additional information is optional and my screen does not become increasingly cluttered with additional columns I do not use, as I can sort or hide info I do not use.

    Flexible customizations. Sometimes unable to connect when the market is busy.

    The latest improvements to chat with support and share screens or images/screenshots is great.
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    Developer Response

    Hi We are not sure what you mean by "Missing Marks" but if you want to email us at social@thinkorswim.com with a screen shot and a description I can get the developers to look at the issue.

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