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Thinkorswim Review

Note: Thinkorswim has closed and is no longer operating. We recommend clients explore other quality brokerage options available on our site. You can view our other quality broker listings here.

Typical Spread on Majors

EUR/USD 2
GBP/USD 4
USD/JPY 3
* STANDARD account shown.
Headquarters Chicago, United States
Type of Broker Market Maker
Founded 1999
Regulated By Regulated By NFA (US), FINRA (US)
Offices In United States
Supported Languages English
ESMA Regulation ? This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article
Account Currencies USD
Minimum Deposit $0
Traders from USA Allowed Yes
Clients Funds Segregated Yes
Interest on Margin Yes
Islamic Accounts No
ECN / STP Accounts Offered No
Commission on STP or ECN $5/100K
VIP Accounts Offered No
Mini Accounts Offered No
PAMM / MAM Solutions No
API Solutions No
Mobile Trading Yes
Web Based Trading Yes
Funding Methods Wire Transfer, Check
Withdrawal Methods Wire Transfer, Check
Platforms Offered thinkDesktop, think webBased, thinkorswim Mobile
NO of Pairs 121
Pricing Digits 4
Trade off Charts Yes
One-click Execution No
Email Alerts Yes
Mobile Alerts No
Trading Server Time
VPS Offered No
Dealing Desk Yes
Maximum Leverage 50:1
Minimum Contract Size 0.01
Hedging No
Scalping No
Option of OCO Yes
Option of FIFO Yes
Stocks Yes
Futures Yes
EFT's Yes

Thinkorswim Reviews

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Broker Bonuses

50% Credit Bonus – Deposit $100+ to instantly receive 50% trading credit, then convert it to cash rebates as you trade; up to $7,500.

$30 Welcome Bonus – Open a Pro/ProCent MT4/MT5 account, verify ID & phone, and deposit $10+ by bank card to instantly receive $30 tradable funds; profits are withdrawable.

100% Deposit Bonus - Receive a 100% Bonus on Deposits (Max Bonus $5,000). Bonus credited after required lots are traded.