The appropriate plan for you will depend entirely on the type of trading you do, your analytic/trading skills, and your personal budget.

TradingView paid plans grant access to the social community.

ThinkorSwim doesn’t have any premium features.

TradingView’s premium plans unlock advanced features.

TradingView Offers Advanced Stock Trading Tools for Those Willing to Pay Both platforms offer similar basic features-demo trading, foreign stock trading, mobile trading, etc.-but TradingView expands upon these offers to provide a superior service for experienced traders. Factor 2: Paid Featuresīetween the two, ThinkorSwim wins as the lowest-cost trading platform (because it’s free!). ThinkorSwim can be used for many different types of trading-such as simulated trading, live trading, day trading, or options trading-since it offers a multitude of screening, charting, and analytics tools. While likely insufficient for a financial professional, it should be enough to satisfy the average inexperienced trader. However, it can only be used with TD Ameritrade it lacks the multi-brokerage support of more complex trading platforms. The ThinkorSwim service is completely free to use with a TD Ameritrade account. The platform can be used with any supported brokerage. Non-paying retail investors can enjoy access to the mobile platform and desktop platforms, various trade types (such as stock, forex, and options trading), basic charting, and basic analytic tools on TradingView.

ThinkorSwim is free to use with a TD Ameritrade accountĪlthough professional traders will likely want to opt for a paid plan, the casual investor has plenty of free features to take advantage of.

TradingView allows traders to use some features for free.

ThinkorSwim offers commission-free trading for stocks & ETFs.

“ThinkorSwim” Offers Platform Access for Free Thanks to the mixture of fundamental analysis and technical analysis tools at your disposal on each online trading platform, retail investors can easily process real-time data to make informed trading decisions. TradingView and ThinkorSwim are both excellent charting tools that traders can utilize to analyze the markets and optimize their trading strategies. TradingView vs ThinkorSwim TradingView is Better for: So, which platform is the better option for your trading style? Find out in this TradingView vs ThinkorSwim comparison! While the former is often preferred by active traders in general, the latter is especially popular with TD Ameritrade customers.īoth platforms offer charting, trading, and analysis features, but there are plenty of subtle differences between the two. TradingView and ThinkorSwim are both common platforms in the world of online trading.

Td ameritrade thinkorswim review