Live, streaming CNBC plus. It's instant replay for the financial markets - except better...learn more >
Forex (FX) currency trading is now available on thinkDesktop! learn more >
A state-of-the-art system for monitoring, analyzing and trading equities and option derivatives - efficient, feature-packed and powerful.
Java-based, browser-less application checks every time you log into it for any software updates and then updates itself.
thinkDesktop can be run using either "real" or "paper" (fake) money. In the paperMoney mode every user has two virtual accounts each funded with $100,000 of "play money". Enjoy all of the same features except that the trades aren't real and you can start over anytime you like...learn more >
Scan Tab to let you search for stocks based on fundamentals, personal and/or sector watch lists, top tens and implied volatility. Coming next month we'll be adding chart recognition scans, option activity and historical implied volatility
Powerful analytics, streaming quotes, two charting packages, we could go on and on...
All your account records in one place: trade executions, all past submitted orders, current positions with execution and current settlement prices, year-to-date profit/loss for each underlying stock and index, deposits and withdrawals, commissions, along with the ability to create orders based on past orders and executions.
For any stock, option or spread order you can trade, you can also be alerted when it reaches a certain price. Using the same single-click order entry functionality on the Trade page, you can create price alerts that will be sent directly to your email.
With tools more advanced than what you'll find on other institutional platforms, thinkorswim's Analyze page sets the standard for the options trading industry. Stress-test real and hypothetical positions. Check the probability of a stock or index touching a certain price. See a plot of the p/l or greeks of your position. Draw a graph of the implied volatility skews. We could go on and on...
Whatever technical analysis you like to use, we have it. Moving averages, oscillators, Fibonaccis, comparison charts, trendlines and more - there are dozens of studies you can apply to stocks and indices. You can see intra-day and historical charts, and even have them streaming. What's more you can view multiple charts at once. And it's all free!
thinkorswim is excited to offer exclusive access to CNBC Plus directly within thinkDesktop - our downloadable trading application. Now integrated into the Live News section of the Gadgets toolbox you can watch video segments about breaking news or search the CNBC video archive for news about your favorite companies (look for the small CNBC logo next to the headline to indicate video). Live and streaming from 4am-9pm daily, stay on top of your positions and the pundits.
Worldwide estimates suggest that 1.8 trillion (U.S. equivalent) dollars are traded every day in the wholesale foreign
exchange market. That's over 1 billion USD per minute. The FX Page is designed to let you easily interact with the marketplace...learn more >
Everybody needs a little help now and then and thinkDesktop is packed with features that may require some explanation. Enjoy one of our narrated tutorials that cover the most important aspects of the system or watch one of our shorter flash demos for quick primers. You can always call us at 1-866-839-1100. We're always happy to assist you.
This is your trading headquarters.
See all your positions summarized or drill down for greater detail, with all the greeks and profit/loss updated in real-time. Beta-weight them against a symbol of your choosing. You can even create orders from here and see all your trade activity for the day, including working, filled and cancelled orders.
The Prophet page uses charting technology provided via Prophet.net. It includes many of the same features as TOS Charts (streaming data, comprehensive technical analysis, drawing tools, etc.) but you cannot "click and trade" directly from the chart.
Row upon row of stock and option quotes fill your screen, then you scroll down to see even more. Of course, you can also create different custom pages to manage your quotes more effectively. Plus, you can sort the quotes by any of the user-defined columns.
You can see all the spread orders that thinkorswim clients are working. You can sort by underlying stock or index, or by spread type. You can see each order's limit price as well as the spread's current mark. But don't worry, SpreadBook is completely confidential. Plus, with a single click you can analyze or submit an order based on one of the spreads. You can use SpreadBook to get trade ideas or to take the other side of someone else's trade.
Spread Hacker™ is the Industry's most advanced and innovative way to find defined-risk option trades quickly and efficiently. This real-time analytical tool puts the advantage that floor traders have had for years at your fingertips. Displaying six different strategies grouped by symbol, price, implied vol, and probability of success, Spread Hacker™ will let you find trades that meet your criteria with a simple click.
Here is where you can scan across all exchanges for stocks that meet your criteria. Search for bullish or bearish patterns in technical and fundamental indicators. Let the technology do the work of sifting through the data so that you can concentrate on the trade.
Get your option chains and single-click spread order creation here. Bid and ask prices for stocks & options stream live. Theoretical greeks and implied volatility for each strike are calculated with each tick. View market depth in the Trade Grid. Trade spreads? We offer verticals, back/ratios, calendars, diagonals, straddles, strangles, butterflies, condors, iron condors, vertical rolls, buy writes, double diagonals, collars, combos, unbalanced strike spreads...
If you want to see the performance of the individual components of major indices or market sectors, or the income statement and balance sheet for a particular company, or upcoming earnings estimates, or a calendar of releases to economic data or stock spills, you don't need to leave our trading platform. You can get all that and more right here for absolutely no cost.
thinkDesktop is designed to work on virtually all modern computer systems (which have a Java 2 runtime environment) but before you download and attempt to install the software platform make sure your computer meets our minimum hardware and operating system requirements.
Average User (Required)
Power User3 (Recommended)
Windows 7/Window XP with SP2
Dual core class 2.0G
Dual Core Intel
Multi-core processor 2.5GHz or better
2.5GHz dual-core Intel Core i5 processor
4GB Windows 7 / 2GB XP
DirectX 9/10 graphics card with 256mb Video RAM. Ex: Nvidia GTS 450, AMD Radeon HD5770
DirectX 11 graphics card with 512mb or better and an additional 256mb per additional monitor: NVIDIA GeForce 6800 GT256 or greater; ATI Radeon 9800 Pro (Radeon X800 Pro 256MB for Vista) or greater
HD Free Space
1024 x 768
512kbps or faster broadband connection with 150ms ping or better
3mbps or faster broadband connection with 100ms ping or better
1 We also have clients who successfully run the software on Linux, Solaris and other Unix
variants. Manual update of the software is currently required on these systems and we have no
official support for configuring these operating systems.
2 210MB is required for installation on PC due to the size of the included Java Virtual Machine. The application only requires 50MB to operate.
3 Power users are defined as users who watch multiple charts at once, use our custom scripting language or perform complex technical analysis.
We recommend that you use a broadband connection (DSL, Cable or faster).
Access From Multiple Locations
All of your personal data is stored securely on our servers.
Therefore, you can login and access your account(s) from any computer
that has installed our software.
NOTE: If you attempt to login on multiple computers simultaneously,
your access to live quotes will be adversely affected. Exchange regulations
prohibit us from disseminating live quotes to the same user at multiple
locations simultaneously. If you have a legitimate need for this feature please
and we can help you determine an appropriate solution.
Our video learningCenter is an excellent way to learn about the features and functionality within thinkDesktop.
toll-free (866) 839-1100 | fax (866) 468-6268 | or Email Us
Clients must consider all relevant risk factors, including their own personal financial situation, before trading.
Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Please read Characteristics and Risks of Standardized Options before investing in options. Supporting documentation for any claims, comparisons, recommendations, statistics, or other technical data, will be supplied upon request.
Futures and forex trading involves speculation, and the risk of loss can be substantial. Trading foreign exchange on margin carries its own unique risk factors. Forex investments are subject to counter-party risk, as there is no central clearing organization for these transactions. Please read the Forex Risk Disclosure before considering the trading of this product. A forex dealer can be compensated via commission and/or spread on forex trades. TD Ameritrade is subsequently compensated by the forex dealer. Futures and forex accounts are not protected by the Securities Investor Protection Corporation (SIPC).
Options, futures, and forex trading privileges subject to TD Ameritrade review and approval. Not all account owners will qualify.
thinkorswim, Division of TD Ameritrade, Inc., member FINRA/SIPC/NFA. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank.