Other stock screeners can be easier to use for basic investment strategies. This platform won’t be helpful for long-term investors or casual investors who don’t rely heavily on technical charts and advanced market data.
Pairs trading (i.e., one long & one short position).Thinkorswim is for active traders that pursue these strategies: Other platforms require a paid subscription to unlock similar technical and market data. Who is thinkorswim For?Ĭonsider using thinkorswim if you want a free stock screener that offers many research tools. While the desktop version has the most features, the web and mobile editions are highly effective. Downloading this service directly to your MacBook or iMac is an advantage to similar systems. It’s not uncommon for similar desktop platforms to only be available for PCs or Apple computers with Microsoft Windows installed. You can access thinkorswim on the following platforms: There are no account service fees either. You will need to open a TD Ameritrade brokerage account to use the service, but the minimum account balance is $0. Research stocks, funds, options and derivatives.Some of the core thinkorswim features include: In addition to the advanced research features, you can also simulate trades with a paper money account or place live trades with real money. It provides access to research tools that are unavailable in your standard online brokerage account. Thinkorswim is a free stock research platform created by TD Ameritrade.
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