thinkorswim vs. YCharts

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
YCharts
Score 9.6 out of 10
N/A
YCharts is an investment research platform from the company of the same name in Chicago, that drives smarter investments and better client communications, serving a client base of more than 5,000 RIAs, financial planners, and asset managers who oversee more than $750 billion in assets. YCharts helps investing professionals demonstrate their value to clients and prospects with tools that enhance client engagements and simplify often complex financial topics using visuals.N/A
Pricing
thinkorswimYCharts
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
thinkorswimYCharts
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeOptional
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
thinkorswimYCharts
Features
thinkorswimYCharts
Financial Research
Comparison of Financial Research features of Product A and Product B
thinkorswim
-
Ratings
YCharts
10.0
1 Ratings
30% above category average
Industry-Specific Information00 Ratings10.01 Ratings
Independent Research Access00 Ratings10.01 Ratings
ESG Data00 Ratings10.01 Ratings
Credit Ratings Reports00 Ratings10.01 Ratings
Macroeconomic News00 Ratings10.01 Ratings
Search Tools00 Ratings10.01 Ratings
User Ratings
thinkorswimYCharts
Likelihood to Recommend
9.1
(3 ratings)
10.0
(1 ratings)
User Testimonials
thinkorswimYCharts
Likelihood to Recommend
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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YCharts
I use YCharts to perform my client reviews. It helps me demonstrate the performance and decision making process. It helps me show the deep dive of investment selection, and clients can see the thought process that goes into investment decision making.
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Pros
thinkorswim
  • Day Trading
  • Swing Trading
  • Long term Investment
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YCharts
  • Reporting
  • Investment research
  • Review capabilities with clients
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Cons
thinkorswim
  • Offering more streaming platforms, like bloomberg for example or Fox Business.
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YCharts
  • Sandbox approach to models
  • Branding
  • Alacart reports
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Alternatives Considered
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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YCharts
No answers on this topic
Return on Investment
thinkorswim
  • Easy to place orders
  • Easy to analyse stocks
  • Easy to check over all portfolio
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YCharts
  • Shows the high caliber of research by my firm
  • User interface is great
  • Research is amazing
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ScreenShots