Overview
thinkorswim is a suite of trading platforms offered by Charles Schwab, designed to empower traders of all skill levels with tools for in-depth market analysis and strategy development. The platform suite includes a desktop application, a mobile app, and a web-based platform, ensuring accessibility and flexibility. thinkorswim provides real-time market data, customizable charts, and hundreds of technical indicators and drawing tools. Users can test strategies using the paperMoney virtual trading environment. Schwab emphasizes continual innovation based on user feedback gathered from in-app comments, platform analytics, phone calls, and social media. Commission-free trading is offered for listed equities, and options are priced at $0.65 per contract. The platform supports a broad range of products, including stocks, ETFs, options, futures, and forex, with 24/5 trading available for over 1,100 stocks and ETFs.