BlockFi Prime (discontinued) vs. thinkorswim

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
BlockFi Prime (discontinued)
Score 8.7 out of 10
N/A
BlockFi Prime is a crypto-trading platform that provides 24/7 access to cryptocurrency markets and loans working capital for trading purposes. On November 28, 2022, BlockFi filed chapter 11 bankruptcy.N/A
thinkorswim
Score 9.0 out of 10
N/A
Thinkorswim, with its Investools division, is an American company offering live and online investor education services. In addition, through its brokerage subsidiary, thinkorswim, Inc., Investools provides services to funded trading accounts for self-directed option traders and institutional users who invest in equities, exchange-traded funds, futures, mutual funds and bonds.N/A
Pricing
BlockFi Prime (discontinued)thinkorswim
Editions & Modules
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Offerings
Pricing Offerings
BlockFi Prime (discontinued)thinkorswim
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$0.00 commissions. No platform fees. No data fees. No trade minimums. Online---$0.00-- Interactive Voice Response (IVR) Phone System-$5.00-- Broker-assisted-$25.00
More Pricing Information
Community Pulse
BlockFi Prime (discontinued)thinkorswim
Top Pros
Top Cons

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Best Alternatives
BlockFi Prime (discontinued)thinkorswim
Small Businesses
Coinbase
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Score 8.0 out of 10
Coinbase
Coinbase
Score 8.0 out of 10
Medium-sized Companies
Coinbase
Coinbase
Score 8.0 out of 10
Coinbase
Coinbase
Score 8.0 out of 10
Enterprises

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User Ratings
BlockFi Prime (discontinued)thinkorswim
Likelihood to Recommend
-
(0 ratings)
9.1
(3 ratings)
User Testimonials
BlockFi Prime (discontinued)thinkorswim
Likelihood to Recommend
Discontinued Products
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thinkorswim
I would not hesitate to recommend thinkorswim to someone who wants to get into the stock market. The opportunity to use "paper money" can help beginners learn the fundamentals of trading without any risk. Although the trial period is only 60 days, [that's a] good amount of time for new users to learn enough before venturing out into the real world. Adding to the positives, thinkorswim mobile app is superb and a great way to keep up with your portfolio on the go.
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Pros
Discontinued Products
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thinkorswim
  • Day Trading
  • Swing Trading
  • Long term Investment
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Cons
Discontinued Products
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thinkorswim
  • Offering more streaming platforms, like bloomberg for example or Fox Business.
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Alternatives Considered
Discontinued Products
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thinkorswim
I have personally used Charles Schwab mobile app and online page for about 3 years and have been thoroughly satisfied. Before TD Ameritrade and Charles Schwab merged, I had used thinkorswim for the 60-day paper money trial before using my real money on investments. I confidently believe the time I've spent on thinkorswim has helped me mitigate any big losses in my investments. As for robinhood, the mobile app is a lot better for beginners to understand and the UI can be described as more aesthetically pleasing. thinkorswim triumphs in many other aspects [as well] such as being backed up by TD Ameritrade and Charles Schwab and the plethora of knowledge [a user can access].
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Return on Investment
Discontinued Products
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thinkorswim
  • Easy to place orders
  • Easy to analyse stocks
  • Easy to check over all portfolio
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