TakeProfit vs. thinkorswim

thinkorswim

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
TakeProfit	Score 0.0 out of 10	N/A	TakeProfit is a community-driven trading platform that provides traders an opportunity to benefit from their expertise by acting as a hub for sharing insights and informed trading decisions, it optimizes the use of members' skills. Advanced Toolset for Traders TakeProfit provides a variety of tools designed to improve trading skills: Workspaces: Users can organize their workspaces with drag-and-drop widgets, designed to adapt to various…	$20 per month per user
thinkorswim	Score 9.0 out of 10	N/A	Thinkorswim, with its Investools division, is an American company offering live and online investor education services. In addition, through its brokerage subsidiary, thinkorswim, Inc., Investools provides services to funded trading accounts for self-directed option traders and institutional users who invest in equities, exchange-traded funds, futures, mutual funds and bonds.	N/A

Pricing

TakeProfit

thinkorswim

Editions & Modules

All-in: $20
per month per user
All-in: $120
per year per user

No answers on this topic

Offerings

Pricing Offerings
TakeProfit	thinkorswim
Free Trial
Yes	No
Free/Freemium Version
Yes	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

All-in paid plan includes unlimited Workspaces, Channels, and Refreshings (for screeners and heatmaps): manual refresh, 30 sec, off. Full access to Indie’s Marketplace, 20,000 chart history (number of candles/bars)

$0.00 commissions. No platform fees. No data fees. No trade minimums. Online---$0.00-- Interactive Voice Response (IVR) Phone System-$5.00-- Broker-assisted-$25.00

More Pricing Information

Community Pulse
	TakeProfit	thinkorswim
Considered Both Products	TakeProfit No answer on this topic	thinkorswim Sunil Agarwal Technical Lead - SRE Chose thinkorswim I have used Robinhood in past, but it didn't find poerful charting feature in robinhood hence it very difficult to analyze the stocks. but Thinkorswim has great charting platform which help user to analyze the stocks in easy way to make the trading decisions. Also, It provide … Incentivized Helpful? John E. Miller, MBA Managing Partner Chose thinkorswim Both are pretty good; Schwab seeks out a little for other reasons. Like custodianship and service. But soon it's not going to matter as both firms are set to become one pretty soon. Incentivized Helpful? Verified User Anonymous Chose thinkorswim I have personally used Charles Schwab mobile app and online page for about 3 years and have been thoroughly satisfied. Before TD Ameritrade and Charles Schwab merged, I had used thinkorswim for the 60-day paper money trial before using my real money on investments. I … Incentivized Helpful?

Best Alternatives
	TakeProfit	thinkorswim
Small Businesses	Coinbase Score 9.0 out of 10	Coinbase Score 9.0 out of 10
Medium-sized Companies	Coinbase Score 9.0 out of 10	Coinbase Score 9.0 out of 10
Enterprises	No answers on this topic	No answers on this topic
All Alternatives	View all alternatives	View all alternatives

User Ratings
	TakeProfit	thinkorswim
Likelihood to Recommend	- (0 ratings)	9.1 (0 ratings)

User Testimonials
	TakeProfit	thinkorswim
Likelihood to Recommend	No answers on this topic	I think this site does a great job in providing the information that any day trader, market timer, or long-term investor. I think that it is useful to all types of people who would take the time to understand it. Now it could be extremely overwhelming to a novice or someone who has difficulty understanding ding financial concepts, but to those that are willing it's a great platform. Incentivized John Miller Managing Partner Read full review
Pros	No answers on this topic	Day Trading Swing Trading Long term Investment Incentivized Sunil Agarwal Technical Lead - SRE Read full review
Cons	No answers on this topic	Offering more streaming platforms, like bloomberg for example or Fox Business. Incentivized John Miller Managing Partner Read full review
Alternatives Considered	No answers on this topic	I have personally used Charles Schwab mobile app and online page for about 3 years and have been thoroughly satisfied. Before TD Ameritrade and Charles Schwab merged, I had used thinkorswim for the 60-day paper money trial before using my real money on investments. I confidently believe the time I've spent on thinkorswim has helped me mitigate any big losses in my investments. As for robinhood, the mobile app is a lot better for beginners to understand and the UI can be described as more aesthetically pleasing. thinkorswim triumphs in many other aspects [as well] such as being backed up by TD Ameritrade and Charles Schwab and the plethora of knowledge [a user can access]. Incentivized Verified User Anonymous Read full review
Return on Investment	No answers on this topic	No negative impacts so far, the use of paper money through thinkorswim helps lower risk of negative results. A positive impact is the use of thinkorswim through the web, desktop, or mobile device. To reiterate from before, thinkorswim is invaluable help to a business or person learn about the stock market without any risk of losing and be confident about their skills prior to using real money. Incentivized Verified User Anonymous Read full review
ScreenShots	TakeProfit Screenshots