---
description: Review of thinkorswim Software: system overview, features, price and cost information. Get free demos and compare to similar programs.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png
title: thinkorswim | Reviews, Pricing & Demos - SoftwareAdvice AU
---

Breadcrumb: [Home](/) > [Investment Management Software](/directory/4566/investment-management/software) > [thinkorswim](/software/240016/thinkorswim)

# thinkorswim

Canonical: https://www.softwareadvice.com.au/software/240016/thinkorswim

> thinkorswim is an investment management suite of tools, which enable professionals to handle trade across multiple products such as equities, exchange-traded funds (ETFs) and more. Individuals can utilize the thinkscript tool to create strategic testing and order execution algorithms.

The on-premise and cloud-based suite of tools allow traders to manage portfolios and use custom parameters to create event alerts. thinkorswim helps professionals compare historical earnings per share and track original estimates simultaneously to identify trends. Additionally, it lets individuals analyze profit or risk across portfolios and filter stocks according to custom attributes. 

thinkorswim offers mobile applications for Android and iOS devices, enabling traders to access stock details, practice trading strategies and more. Pricing is available on request and support is extended via phone, FAQs and other online measures.
> 
> Verdict: Rated **4.7/5** by 3 users. Top-rated for **Likelihood to recommend**.

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## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.7/5** | 3 Reviews |
| Ease of Use | 4.3/5 | Based on overall reviews |
| Customer Support | 4.3/5 | Based on overall reviews |
| Value for Money | 4.7/5 | Based on overall reviews |
| Features | 4.0/5 | Based on overall reviews |
| Recommendation percentage | 90% | (9/10 Likelihood to recommend) |

## About the vendor

- **Company**: Charles Schwab Corporation

## Commercial Context

- **Pricing Details**: Please contact Charles Shwab directly for pricing information.
- **Target Audience**: Self Employed, 2–10, 11–50, 51–200
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Windows (Desktop), Windows (On-Premise), Android (Mobile), iPhone (Mobile), iPad (Mobile)
- **Supported Languages**: English
- **Available Countries**: United States

## Features

- Alerts/Notifications
- Bonds/Stocks
- Financial Analysis
- For Investors & Traders
- Forecasting
- Mobile Access
- Performance Metrics
- Portfolio Management
- Real-Time Data
- Reporting/Analytics
- Visual Analytics

## Category

- [Investment Management Software](https://www.softwareadvice.com.au/directory/4566/investment-management/software)

## Alternatives

1. [Morningstar Direct](https://www.softwareadvice.com.au/software/526658/Morningstar-Direct) — 4.1/5 (251 reviews)
2. [Human Interest](https://www.softwareadvice.com.au/software/240185/human-interest) — 4.0/5 (36 reviews)
3. [WOWS Investment Portal](https://www.softwareadvice.com.au/software/430406/wows-invest) — 4.7/5 (97 reviews)
4. [Avestor](https://www.softwareadvice.com.au/software/523559/Avestor) — 5.0/5 (8 reviews)
5. [DealCheck](https://www.softwareadvice.com.au/software/224233/dealcheck) — 4.8/5 (38 reviews)

## Reviews

### "thinkorswim very powerful trading tool" — 5.0/5

> **Verified Reviewer** | *14 November 2023* | Hospital & Health Care | Recommendation rating: 10.0/10
> 
> **Pros**: The ability to place "OTO" (one triggers other) orders, as well as the ability to use an accessory api program to engage in algorithmic trading.
> 
> **Cons**: Sometimes their inventory of stocks to short is a bit slim.
> 
> Customer support to help me set up my screen to my liking was absolutely superb. Trade execution has been outstanding.

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### "Buena herramienta para realizar tus tradings" — 5.0/5

> **Hector** | *27 March 2023* | Marketing & Advertising | Recommendation rating: 9.0/10
> 
> **Pros**: Thinkorswim ofrece una plataforma altamente personalizable, lo que permite a los usuarios adaptar la herramienta a sus necesidades y preferencias individuales
> 
> **Cons**: Thinkorswim puede ser un poco abrumador para los traders principiantes debido a su amplia gama de herramientas y recursos. Puede llevar tiempo aprender a utilizar todas las características y aprovechar al máximo la herramienta.
> 
> Thinkorswim es una herramienta sólida para los traders experimentados que buscan una plataforma completa y altamente personalizable para el trading de valores y opciones.

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### "Think or swim review: Excellent charts and indicators, reasonable backtesting" — 4.0/5

> **Richard** | *28 March 2024* | Financial Services | Recommendation rating: 9.0/10
> 
> **Pros**: Chart clarity and indicators are by far the most important aspect. The ability to code your own strategies is a very nice features, however, learning thinkscript is a tough learning curve.
> 
> **Cons**: Using thinkscript is difficult to learn. Schwab should consider a detailed course on programming with thinkscript.
> 
> Overall, I am very satisfied with the platform. I am constantly looking for a new edge so being able to code a new strategy would be helpful.

## Links

- [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/240016/thinkorswim)

## This page is available in the following languages

| Locale | URL |
| en | <https://www.softwareadvice.com/investment-management/thinkorswim-profile/> |
| en-AU | <https://www.softwareadvice.com.au/software/240016/thinkorswim> |
| en-GB | <https://www.softwareadvice.co.uk/software/240016/thinkorswim> |
| en-IE | <https://www.softwareadvice.ie/software/240016/thinkorswim> |
| en-NZ | <https://www.softwareadvice.co.nz/software/240016/thinkorswim> |

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