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thinkorswim

thinkorswim
SKU:
Brand: Forex Broker
Category: Forex Broker

  • Platform

  • Min deposit

  • Min lot

  • Spreads

  • Broker Type

  • Regulated

Our Rating

The overall rating is based on review by our experts

5
  • Broker Customer Service 5 / 10
  • Broker Features 5 / 10
  • Forex Pricing 5 / 10
  • Trading Platform Connectivity 5 / 10
  • Trading Platform Usability 5 / 10

thinkorswim is a Forex Broker . It started opening it’s doors to clients in 1999 , establishing it’s offices in United States , . thinkorswim (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $1.

broker1} offers accounts in: USD Account with fixed spreads. The lowest spread offered in EuroDollar is 2 pips.
It’s platform (Web Trader, Trade Architect, thinkorswim, Mobile ) can be traded on Mobile| , it offeres a Corporate accounts feed. The platform is set on EST (GMT-5) and it offers a 4 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 50 : 1 Standard Account

On it’s platforms: Web Trader, Trade Architect, thinkorswim,, you can set Trailing Stoploss, OCO orders, One click trading, furthermore it offers Mobile trading, Webtrading and 121 fx pairs (93 exotic). Among the foreign exchange products you can also trade, Gold, Silver, Stocks, Indices, Futures, Options, Commodities, Energies, Bonds, ETFs.

broker1} (Forex Broker) is regulated by NFA, SIPC, FINRA, and is a Independent broker – part of TDAmeritrade.

For all those wondering on the payment and withdrawal method, here is a list of funding methods:

Payments:Bank Wire, Check, ACH

Withdrawals from your FX account:Bank Wire, Check, ACH

thinkorswim - Specs

Broker

Broker Type Market maker
Broker Country United States
Regulation NFA, SIPC, FINRA
Indipendant Broker Independent broker - part of TDAmeritrade
Year in Industry 1999

Account

Accept US Clients Yes US clients
Mini account deposit $1
Standard account deposit $1
Trading account currency USD Account
Leverage Account 50 : 1 Standard Account
Minimal size lot 0.1 lot
Leverage Mini account Mini Account, Standard Account

Payments

Funding method Bank Wire, Check, ACH
Withdrawal method Bank Wire, Check, ACH

Costs

Commissions yes & no
Costs & Spreads fixed
Costs/Lowest spreads on EURUSD 2 pips

Trading

Premium trading Corporate accounts
Scalping yes
Hedging
EAs allowed n/a

Platform

Trading platform type Web Trader, Trade Architect, thinkorswim, Mobile
Platform time zone EST (GMT-5)
Decimal pricing 4 digits
Trailing stops Trailing Stoploss
OCO orders OCO orders
One click One click trading
Mobile trading
Webtrading

Products

Currency pairs 121 fx pairs (93 exotic)
Exotic Pairs Exotic Forex Pairs
Gold Silver Gold, Silver
CFD Trading CFD trading
Other instruments Stocks, Indices, Futures, Options, Commodities, Energies, Bonds, ETFs

Other

MAM PAMM LAMM no
Managed Accounts No
Swap free accounts No
Segregated client accounts

Promotions and Offers

Bonuses (T&Cs apply) Yes
Contests No

thinkorswim - Reviews

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  • Rate this Product

  • Funds deposit/withdrawal process, Support, Integrity.
    5
  • Currencies variety, API, News service, etc.
    5
  • Spreads, Spreads during news, Fees, Execution.
    5
  • Bluetooth, Wi-fi connectivity, data trnasfer speed, internet browsing and interfaces.
    5
  • What do you feel about usability and speed of UI (user interface), messaging, calling, contacts management, call history, notifications and internet browsing?
    5
  • 6 / 10 based on your selection