thinkorswim vs. Tradeteq

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Tradeteq
Score 0.0 out of 10
N/A
Tradeteq’s trading venue allows banks and financial institutions to connect, interact and transact. Its AI-driven credit scoring, advanced analytics, and investment management engine provide risk transparency and informed decisions. Streamlined securitization tools aim to reduce complexity and make trade finance investments efficient, liquid and transparent.N/A
Pricing
thinkorswimTradeteq
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
thinkorswimTradeteq
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$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
thinkorswimTradeteq
User Ratings
thinkorswimTradeteq
Likelihood to Recommend
9.1
(0 ratings)
-
(0 ratings)
User Testimonials
thinkorswimTradeteq
Likelihood to Recommend
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.
Read full review
No answers on this topic
Pros
  • Day Trading
  • Swing Trading
  • Long term Investment
Read full review
No answers on this topic
Cons
  • Offering more streaming platforms, like bloomberg for example or Fox Business.
Read full review
No answers on this topic
Alternatives Considered
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].
Read full review
No answers on this topic
Return on Investment
  • 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.
Read full review
No answers on this topic
ScreenShots