What is thinkorswim?
It’s a trading platform that offers a range of tools and educational services for investing online. It’s geared towards stock, options and futures traders, and you can trade all products from one account.
Where have you heard about thinkorswim?
Developed by US online broker TD Ameritrade, thinkorswim is a way for private investors to learn complex techniques traditionally only used by professional traders. It’s a bit too advanced for complete novices though, who should start with the basics.
What you need to know about thinkorswim.
The platform allows you to analyse and trade equity securities, fixed income products, options, futures and forex all in one place, and new features are added regularly.
If you’re not sure if it's right for you, you can open a demo account to practise before going live. This gives you all the features of the standard product, except you use fake money instead of real funds. Anyone who isn't a US citizen will need to supply their passport details before they can set up an account though.