Thinkorswim Promotion
Thinkorswim On Schwab
Thinkorswim Referral Bonus Details
| Schwab Bonus | Deposit or Transfer |
|---|
| $1,000 | $500k+ |
| $500 | $100k - $499.9k |
| $300 | $50k - $99.9k |
| $100 | $25k - $49.9k |
Traders who want an advanced desktop program to buy and sell securities should check out Thinkorswim by Charles Schwab. Not only does the software
have many powerful features, it is also free for all of the brokerage firm’s clients.
One of the strongest parts is the charting. There are 400
technical studies, far more than Schwab offers on its other advanced platform. There are also many drawing tools, including Fibonacci arcs, trendlines,
and notes. The chart style is customizable, as is the rest of the platform. Users can choose candlesticks, OHLC bars, line, mountain, equivolume,
Heikin Ashi, candle trend, monkey bars, and seasonality. Futures and forex can also be charted, which is uncommon among brokers.
Beyond charting, Thinkorswim has many other tools that help traders. For example, there is a library of on-demand videos from Reuters
and CNBC. These cover many recent business news topics. There is also a large number of heat maps. They are grouped by indexes,
ETFs, and watchlists.
Thinkorswim includes several scanners that search through different products, such as ETFs, stocks, forex, and
options. Filters that can be used in the scans include volume, EPS, yield, days to expiration, option type, and return on capital.
Thinkorswim also has a very helpful economic calendar. It shows many financial events for the week, such as dividends, earnings reports,
conference calls, splits, futures expirations, and ETF dividends. The calendar goes several months into the future. Traders can also set up
alerts on the platform and read financial news from Dow Jones.
Unlike most stock brokerage firms, Charles Schwab offers forex
and futures trading, and both can be traded on Thinkorswim. Trade boxes with green buy buttons and red sell buttons make trading these
products quick and simple.
Charles Schwab’s/Thinkorswim’s stock and ETF commissions are now $0 per trade. Unlike many other brokers, there are no
extra charges of any kind. The firm also has no hidden fees. Thinkorswim does not charge annual IRA fees or IRA setup fees.
The company offers a useful "paper trading" feature, which lets users try
different trading strategies in a real-market setting. This is also a good way to get comfortable with the powerful and complex
trading platform, which can feel overwhelming for beginners.
Finally, customers can add a checking account to a standard brokerage account at Charles Schwab, which adds
convenience. The account comes with free checks and a free VISA card, which can be used to take out cash at ATMs
or pay for purchases, just like any regular checking account
VISA. The mobile app also supports mobile
check deposit, letting clients deposit checks by taking a picture.
With so many features in the software, Thinkorswim is clearly one of the most advanced trading platforms in the industry
offered by stock brokerage firms today.
Updated on 1/15/2026.
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