This platform offers a wide variety of powerful tools. TC2000 is the best choice for day traders.Thinkorswim doesn’t have any unlockable paid features.TC2000 is capable of broker integration, charting, scanning, and analysis.Still, you may not need all of these features, so let’s take a closer look at the actual differences. While Thinkorswim definitely excels as a free service, its overall capabilities pale in comparison to the premium plan of TC2000 (especially the desktop platform version). Fortunately, these are mostly flat rates, rather than being based on trading volume. However, you do need to take the commission costs into account. Still, it is a pretty good option for some stock traders (depending on your investment objectives). This would be the better free product for day traders, although Thinkorswim isn’t as good as a paid version of TC2000. Thinkorswim offers everything-from interactive charts and drawing tools to simulated trading-for free with a TD Ameritrade account. You’ll be able to view charts, monitor market volatility, and gather basic information using the browser-based version of this platform. Although the free version may not offer real-time data, it still offers enough information for people trading stocks to make educated trading decisions. The true capabilities of this trading software are reserved for the premium version of TC2000. Thinkorswim requires a TD Ameritrade account.

TC2000 offers free basic services via.Thinkorswim can be used on a desktop, web, or mobile platform.

Thinkorswim Offers Its Entire Platform for Free However, there are some noticeable differences-such as the support for foreign exchanges-that must be taken into consideration when comparing the two services. TC2000 is Better for:īoth services offer many of the same benefits: they’re both covered by FINRA/SIPC, offer real-time data, and can be used for technical studies. In this TC2000 vs Thinkorswim comparison, we’ll place these two platforms side-by-side so you can see which service offers the best features to match your trading style.

If you want to truly maximize your returns, then finding the most efficient way to gather (and analyze) data is key. The ability to perform trade executions is a necessity, but why should you settle for the basics? Your time spent stock trading will only be profitable if the data you have is helpful. If you’re looking for an online trading platform that offers advanced features like charting, paper trading, and analytics, chances are, you’ve likely heard of the two powerful trading platforms we’ll be covering.

Td ameritrade vs thinkorswim