A few hyperlinked items will take the user back to the thinkorswim website. After entering a stock or ETF symbol, the app will display a menu for options, chart, news, and depth. The first step to placing a trade is simply to enter a ticker symbol, because the app lacks research tools. Trading securities on the mobile platform is straightforward. $0 commissions + transfer fee reimbursement. Overall, the charting capability of thinkorswim is excellent. Unfortunately, trend lines cannot be drawn on the chart, nor is there a Fibonacci tool. The colors of the technical indicators can be adjusted, and so can the values. Many technical indicators are available, including RSI, Bollinger Bands, and lesser-known ones such as Evening Star and Falling Three Methods. The graph range can be as little as 1 day and as long as 20 years, and the trade frequency can be set between 1 minute and 1 month. Volume can be turned on or off, and the graph rotates horizontally when the device is placed horizontally. The graph can be displayed in candlestick, bar, line, or area format. Alternating between a practice account and a regular account is quick and easy.Įntering a ticker symbol produces an option to display a chart. TD Ameritrade clients can practice different trading techniques and learn thinkorswim without putting actual money at risk. This virtual platform is an integral part of the app and lets investors practice trading with a fake currency. Before or after logging in, users can switch to a practice account by clicking on "Switch Account" in the main menu. They are broken down into several important categories, such as option buying power, long stock value, and cash and sweep positions.Ī great feature the app has is paper trading. Furthermore, the desktop version is better for researching securities.īalances are shown on the app. The account's watch list is also missing on the mobile platform. The desktop system also has news videos courtesy of Reuters and CNBC. For example, the mobile version is missing forex and futures trading. Alerts can also be created for any security.Īs might be expected, thinkorswim in desktop version has much more features than the mobile application. Beyond placing an order, traders can review account and position data, and look over an earnings calendar. Users will find icons for quotes, positions, orders, alerts, messages, chat rooms, balances, CNBC, and a mobile check deposit. A menu appears at the bottom of the screen showing the features available. Two background colors are available on the app: white or black.
#Thinkorswim for android android#
Investors at TD Ameritrade can use the thinkorswim platform on iPhone, iPad, and Android tablets and phones.
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