Enhanced Investor's ThinkorSwim Guide
There are only a few full service brokers that let you trade stocks, OTC stocks, futures, forex, options under the same platform and provide an adequate mobile app to compliment its desktop program. While most of the larger brokers have lowered their standard fees to $4.95 per a trade, ThinkorSwim, has yet to lower their fees to match. There is a reason for that: they know they have a superior platform so they don't need to compete on price.
Why everyone uses thinkorswim
ThinkorSwim provides free L2 data and a powerful charting platform. To get the free data, open a ThinkorSwim account. A common question we get is: "Do we have the fund the account to use it?" The answer is no. All you have to do is log into your TD Ameritrade account. When asked to fund your account, click around for an option to fund later. Many users have been using ToS for years without any issues.
A second thing you need to do is sign the market data agreement. Most of us are not professional traders so there aren't any additional fees for market data.
A powerful charting platform
There are so many preset indicators, ability to draw your own support and resistance lines, sound alerts for buy and sell signals, it can be confusing for a new trader. Enhanced Investor developers provide free custom scripts, alerts, and indicators to our Elite Gold members. For non-Elite Gold members, we also sell our scripts in our store and also provide a custom script service. Here is an example of one of our custom indicators:
Mobile Trading App
In addition, ThinkorSwim provides a mobile app for iOS and Android. What other platform gives you free real-time data on the go? (That's right, none!) While the mobile platform charting options are more limited than desktops, our custom indicators support both!