Schwab.com vs. thinkorswim

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Schwab.com
Score 8.1 out of 10
N/A
The Charles Schwab Corporation provides a range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC), and its affiliates offer investment services and products. Schwab.com is an online trading platform that helps research, execute, and manage trades.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
Schwab.comthinkorswim
Editions & Modules
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Offerings
Pricing Offerings
Schwab.comthinkorswim
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$0-Stocks and ETFs online commission $0-Options online base commission + $0.65 per contract fee $0-Mutual Funds on thousands of funds from Schwab Mutual Fund OneSource$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
Schwab.comthinkorswim
Considered Both Products
Schwab.com

No answer on this topic

thinkorswim
Chose 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 …
Top Pros

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Top Cons

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Best Alternatives
Schwab.comthinkorswim
Small Businesses
Coinbase
Coinbase
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
Schwab.comthinkorswim
Likelihood to Recommend
-
(0 ratings)
9.1
(3 ratings)
User Testimonials
Schwab.comthinkorswim
Likelihood to Recommend
Charles Schwab
No answers on this topic
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
Charles Schwab
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thinkorswim
  • Day Trading
  • Swing Trading
  • Long term Investment
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Cons
Charles Schwab
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thinkorswim
  • Offering more streaming platforms, like bloomberg for example or Fox Business.
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Alternatives Considered
Charles Schwab
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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
Charles Schwab
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thinkorswim
  • Easy to place orders
  • Easy to analyse stocks
  • Easy to check over all portfolio
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