banner

Thinkorswim

logo

Thinkorswim Overview – Feedback on the Platform, Earning Terms, and Fund Withdrawals

Thinkorswim Forex enjoys popularity among both European and American users. Clients are presented with the opportunity to engage in trading on the platform’s proprietary terminal. While it does possess some distinctions compared to the universally favored MT4 and MT5, once you become acquainted with its functionalities, trading on it becomes notably convenient. 

History

The company, founded in the United States in 1975, was a pioneer in reducing brokerage commissions. They are dedicated to incorporating innovative technologies into trading, improving the trading terminal’s capabilities. Reduced commissions have made the platform accessible to all traders. In the 1980s and 1990s, they introduced telephone-based trading.

In 1995, the company acquired K. Aufhauser & Co, a platform known for pioneering online trading in financial markets. All acquired brokerage firms were later unified under the brand TD Ameritrade, adhering to established regulations on commissions and pricing.

The company has consistently aimed to create favorable conditions for individual investors. In 1999, they began offering online options orders via email, introducing transaction confirmations sent to clients by email.

In 2009, the company acquired the Thinkorswim trading platform, known for its high-tech trading terminals, sophisticated platforms, and innovative technologies. Today, it boasts over 11 million registered users with combined assets exceeding $1 trillion.

История Thinkorswim Forex

Customer Reviews 

There’s hardly a company that receives solely glowing reviews. Even licensed platforms aren’t exempt from criticism. Thinkorswim Review has also drawn its fair share of comments.

 

Thinkorswim Forex

One user expresses their affinity for the trading platform. They acknowledge that it differs from the familiar MT4 or MT5, requiring some time for platform mastery. They recommend not giving up on trading there solely due to these initial challenges.

Отзывы Thinkorswim Forex

A user with the alias “Borneo” lauds the platform for its quality graphics. They highlight the low-level panel charts for foreign exchange and commend the excellent Forex chart.

Что за платформа, Thinkorswim Forex

Another customer, trading on a live account, reports stable spreads over an extended period. However, they encountered difficulties when reaching out to the technical support team, emphasizing that the support response times are extended.

From these testimonials, it’s evident that there are traders who hold this trading platform in high regard, alongside those who express dissatisfaction with their experience. Trader sentiments may be influenced by individual habits and the nature of their interactions with technical support. Many traders also voice their discontent regarding the absence of a Russian-language option for Thinkorswim.

Cooperation Terms

Traders opting to register on this Forex platform should recognize its focus on day trading. The platform comes furnished with a variety of monitoring systems and analytical tools, delivering everything a seasoned investor requires for effective trading and profit generation. Accessibility to the terminal is available via a web browser or by installation on electronic devices like smartphones, laptops, or PCs.

It’s essential to note that Thinkorswim cannot be obtained in the Russian language. The platform exclusively supports English, which can be quite inconvenient for non-English speakers. Users can access the CNBC Plus tool on the platform, enabling them to swiftly acquire real-time information on the financial market’s status.

Investors can stay informed with the latest market news, which aids in their decision-making regarding trading instruments. The platform extends options for trading American and European company stocks, commodities, raw materials, metals, and options. Users have the liberty to fashion their indicators for trading. However, one limitation lies in the incapacity to implement custom trading systems.

Мнение эксперта

Engaging in trading on the Thinkorswim platform is a fantastic avenue for generating income. The platform boasts an extensive array of over 400 financial instruments and offers seamless access to the US stock exchanges. The platform is under the ownership of TD Ameritrade, a parent company that holds membership in FINRA/SIPC, with its operations diligently overseen by this regulatory body.

Conclusion on Collaboration

Speaking of the Forex platform, it can be affirmed that it operates within legal boundaries, substantiated by its licensing. Clients are presented with a multitude of innovative features on the platform, enhancing trading convenience. The website includes a section with constantly updated news, offering a wide array of analytical tools and indicators.

Thinkorswim is available for download on smartphones, granting traders the flexibility to trade at their convenience, provided they have internet access. Nonetheless, there are also some drawbacks to consider. These include the complexity of the registration process and the possibility of account suspension for rule violations, often without prior notice. Nevertheless, on the whole, the trading platform remains a commendable choice for trading.

Want to check a Forex broker for reliability? Learn about the risks of investing

icon/png

Forex Platform Rating: Best Forex Platforms 2024

Platforms
Rating
89%
38%
30%
30%
30%
30%
30%
30%
11 cTrader
%
%

VertexFX

VertexFX is a trading platform developed by Hybrid Solutions, which has been occupying its niche in the world of financial technology and trading software since 2008. The terminal is advertised as an advanced tool for automated trading, promising users convenience and functionality. However, the software has developed a reputation as a platform surrounded by controversial opinions and doubts, especially in the context of technical failures and problems with widening spreads.

Read More

SaxoTraderPRO

Saxo Bank is a fully licensed and regulated Danish bank that offers an online trading platform allowing you to invest in global financial markets. The bank provides access to a wide range of trading instruments, including stocks, ETFs, bonds, mutual funds, options, futures and other leveraged products. Saxo Bank stands out for its powerful trading platforms such as SaxoTraderGO and SaxoTraderPRO, which are available to all clients from a single account. The company is committed to offering a transparent pricing structure and a secure, regulated trading environment. As an active trader, you may qualify for lower commissions and additional benefits. A review of Saxo Bank showed that the company talks very nicely about itself and its services. In reality, we are dealing with another scam development.

Read More

Tradespoon

Founders of the project Tradespoon claim to have created an innovative trading intelligence platform. The program is supposedly designed to help traders trade more efficiently and profitably, but in reality, scammers exploit the software to profit from newbies.

The service uses quantum scientific techniques to simplify the process of finding and managing high-quality, high-yield trading opportunities that are typically only available to elite investors. You need to understand that this is just part of the scam legend. They released useless software and beautifully packaged it in a legend about a scientific approach.

Read More

LaraWithMe

Office LaraWithMe is an investment company offering to make money using artificial intelligence. Clients, having transferred money to trust management, will be able to withdraw a profit of 3% per day from the deposit amount. The robot system analyzes the market, selects and concludes the most profitable transactions. The program can run on any device – PC, smartphones, tablets. This is what the platform creators say. But a detailed analysis and analysis of the office will help you figure out how things really stand.

The site looks simple and cheap, like for an investment project. It is not possible to create a personal account there. Registration is done through the Telegram channel. Money is deposited through the same channel and the trading bot is connected. The client can only collect profits and bring new participants to the project. Looks too good to be true.

On the site LaraWithMe investments There is no information about how to withdraw money. Apparently this function is not provided. Nothing is known about the authors of the project. It is completely anonymous. There is no information about the legal registration of the project. The office does not have a license for investment activities.

The company hides the office address. Most likely, the office does not exist in reality. No phone numbers or email are provided for contacts. All communication with site employees is maintained only through Telegram. Anonymity indicates a scam. This is confirmed by users in reviews.

Read More

ChartTrader

ChartTrader is one of the key programs offered by the brokerage company Interactive Brokers, designed for active traders who are looking for deep integration of analytical charts with instant order execution capabilities. This platform is ideal for traders seeking maximum efficiency and speed when dealing with financial markets, providing a powerful set of tools for analysis and trading directly from the chart.

Like all IB broker products, the terminal in question turned out to be a dud. Users actively write that the platform works with constant freezes and crashes. Developers ignore the importance of releasing software updates in a timely manner. Therefore, investors continue to lose money due to the fault of the company.

Read More

ProRealTime

ProRealTime is an advanced trading platform designed for professional traders and investors. This software provides access to a wide range of financial instruments, including stocks, futures, options and currencies. Key features include in-depth market analysis, automated trading, and personalized charts. The developers’ statements are traditionally far from reality, because this is exclusively fraudulent software created for scam brokers.

Read More

Latest Reviews

Yura

My brothers, I’m unlucky, I always end up scammed like this. What doesn’t save me is the fact that they are tailor-made. Don't do like me or you won't make any money. Don't mess with Smart rVid.

Read more

Arkady

I was an idiot and thought that this was a normal broker with whom I could make good money if I didn’t take too much risk, plus they promised me consultations so that I would feel confident. Therefore, I opened an account with $1000 at once to get wider leverage and better conditions. It turned out that there is nothing good there; the spreads are very wide, and at the moment of transactions there are hidden commissions that turn the profit into dust. In the end, I got tired and I submitted a withdrawal; it turned out that they were not going to give me the money until I paid the insurance of $500. Of course, I refused and they immediately gave me a ban.

Read more

Vladislav

This is a very bad broker and you can’t trust him, he lures you in, I know from experience. He started calling me about a week ago and actively forced me to open an account with him, and this continued for 2 days until I agreed. They immediately demanded insurance fees from me, I refused to pay them and received an account ban, that is, the scammers simply stole my money for themselves and did not give anything back. I already contacted the prosecutor’s office and they said that these swindlers are sitting somewhere in another country.

Read more

Grisha

The last time I trust a broker from the Internet is simply no good anymore. If others were simply cutting off my profit, this particular idiot didn’t even want to return the deposit. Not only did he constantly put a spoke in the wheels with his jumps in spreads, but then he also canceled withdrawal requests one after another without explaining the reasons. I tried to contact them in different ways, but apparently they no longer need what they have, they have already gotten through the roof.

Read more

Andrey

I was seduced by registration in three countries and a solid website, everything at first glance looks very convincing. Therefore, I topped up the deposit. I was hoping to make good money, but it turned out that I donated my earned money to the afirists. When he received the first thousand from me, he immediately wanted more and began persuading me to give him more, without giving any objective reasons. They just demanded and that’s all, I naturally refused and put everything on the line, but I failed to take anything away.

Read more

Arthur

I never managed to register even though I was really excited about it. I was very interested in what this swindler was offering there. As I understand it, the promo code is given only to those who are definitely ready for a replenishment. I just spilled it and lost my memory.

Read more
All reviews