thinkorswim User Reviews

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  • Long time Thinkorswim and TDA customer and I love it

    I've been with TDA for 12 years and using Thinkorswim for about 6 years. Back then, it was rough around the edges and people using it before me would double down on that statement. But the team behind this software is AMAZING. They've been constantly updating it for better experience and best of all, they get lot of the ideas and feedback from is loyal users. So they end up building what we all really need.
    For an advanced trader, who's not quite professional but still experienced, will find ToS platform capable of almost everything. It has so many features and now lot of those are available on tablets even down to your phone. I use my full desktop application and love it, but now I've switched to tablet app 60%, phone 20% and desktop the rest. These apps keep getting better with updates.
    I'd say improve on adding more features from full app, better over all performance of real-time order data. Great software overall!
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  • Love it (for the most part)

    Super trading app. I like almost everything they offer. The laptop version is superb but there are a few minor issues with the phone app. First, I’m trading futures and often, when I try to run a trade, I have to enter my password on the mobile app before my trade is accepted, which is annoying as futures prices can change very quickly. Second, on the mobile app, when I put a support or resistance line on the chart, the price level of the line appears in a box on the right side of the screen and it covers the last 1-2 candles. As the price approaches the support/resistance line I can’t see where the candle is compared to the price. Very annoying. These are two very small issues that wouldn’t cause me to switch platforms.
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  • Scale

    I cannot scale the price, only the time.
  • New to investing but loving it

    While I can’t speak for any of the competition since I’m brand new to investing I am a quick learner and research as much as I can and I have to say I love the flexibility of this app to be able to see whatever info you like to watch. Also does a decent job of teaching you the basics with their learner videos. I only trade in stocks right now and I like that my money is available right away and there is almost 0 commission fees 99% of the time. I have found a few stocks that do charge a small fee for some reason. Maybe risk related, so I pass on those for now till I know more. Obviously still more to learn but I’m having fun and investing for the long term. Can’t wait to see what the future holds but either way at least I should be better off than if I had never started. There are a few things you must do on a pc on this app like cancel/edit auto contributions as the app doesn’t let you do that or choose if you want dividends auto re invested which isn’t on the app as an option either but other than that the app does an amazing job of having a huge amount of customization. Now if only I could figure out how to do this stuff for a living lol. That would be a pretty cool career imo but for now I’ll just keep watching and learning and building my portfolio. Thanks again TD.
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  • More reliable than Robinhood, but much worse in general

    Most people say that TDA and this app are better for serious traders and investors. While the service is more reliable and the commission fee is reasonable, the horribly outdated interface is an instant turn off and is the primary reason that I can’t stand any of this company’s products. I invest in options trading as a job and the vast majority of other brokers have generally modernized their interface to a degree because they realize that the majority of investors don’t need a wall of numbers and charts to look at. Some people like to feel cool having all of that information, but it’s unnecessary and deceptive at best, and this broker uses it as a flashy selling point.

    On top of that, they claim to have instant deposits but fail to mention that it will take up to a week (mine was 8 days) to deposit funds for options trading. So, a large part of my portfolio sat in transit, unable to be used, because their instant deposit only applies to stock trading. When I spoke to an agent, they said I could just cancel the transfer and I would have my money back that day but that ended up not working. I tried using the app for a few days but it’s much much much worse than any I’ve used before and I would much rather use Robinhood if only because I know they’re a mediocre company with a decent application.
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  • Beginners

    I didn’t know a thing about stocks when I got this app but I wanted a hobby that I could get paid by doing it. It has everything you need in a nice streamlined app. I tried a few others and it didn’t compare in my opinion. Every day I learn a little more and I can practice with paper trades (without losing money) until I think I’m ready to play with the big boys. There’s a lot of information to be given so I try to stick one thing a day. It’s been a few weeks since I started and now I have a better understanding on how to use all the tools and terms. So if you’re just starting out in the stock market get this app and take it slow, you’ll get to were you want too be to start trading.
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  • The Ignorant Pro

    I am an exceptionally, uneducated, 70 something that spent my adult life driving trucks across this great land of ours. After I retired, I decided to try my hand at a little day-trading. Did I say ignorant? Maybe ‘dumb’ better describes me. Anyway, after that colossal disaster, I downloaded THINKORSWIM ...that’s when things got worse. I couldn’t figure out what I was looking at or how to do anything. But, guess what, THINKORSWIM has many, many ways of learning the platform. And, I learned.
    Here’s my point; if I can learn this absolutely, terrifically designed, user friendly platform, and be profitable ...so can you. By the way, the support level is more than you’ll ever need to master it. Whether you trade stocks, options, futures, Forex, etc, this platform will do it all ...and quite well, may the add.
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  • Great app!

    I find this app to be the best out of all that I have used in the past. Incredible chart system, news, my trade, easy buying and selling, the app is user friendly. This is an all in one incredible platform🤑👌👍
  • Terrible service.

    The speed issues are so bad you wont be able to even load quotes sometimes or even your watchlists. If you contact them about it they'll just blame your phone, laptop, software and/or internet connection. Absolutely terrible because you know they make a killing off of your commissions but they'll just stick it to you when its imperative to get up to day real time quotes. Even in 4 bars of LTE their app will be slow. Contact customer support through chat and be sure to answer within 5 minutes or else they'll close the trouble ticket on you! Thanks for all the fees and subpar service TD. You really sold your customers out on these new updates recently.
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  • Another fricken update?

    Seems to be a pretty good app that gives you access to the think or swim platform and it can be surprising how powerful it is. That said, check your calendar people, it 2018. We were suppose to have flying cars by now (in our driveways). Alas this app and its big brother on my Mac seem to need an update every time I launch them.

    So if you get a trade idea you want to move on when things get active, I hope you’re already logged in. Otherwise, the minutes are passing while the trade escapes you.

    Hey Developers: How about offering the update when we log out instead of killing the moment with yet another stoopid update. OR at least give us the choice to defer update till after completing initial objective. OR think of something even better. I can’t believe you’re still doing it this way. Check your calendar.
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