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Thinkorswim Reviews  


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Here you can review a sampling of comments from fellow Dogs of the Dow investors regarding Thinkorswim. For our list of the best low commission online brokers, take a look at our exclusive list of Top Dog Brokers. And, as always, if you have experience with a deep discount broker, simply fill out our Top Dog Brokers Comment Form and let us all know what you think.


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Click to go to the top of the page Thinkorswim - "Con - high commissions. Pro - excellent educational resources and investment tools."
Justin Curio - USA (Aug-2014) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Good charts research and user interface, reasonable fees."
Ed Berlett - USA (Jul-2014) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Fees are good, great platform, and excellent customer service."
Ed Schuchardt - USA (Jul-2014) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Site is very complicated; requires lots of study."
Daniel Schoolcraft - USA (Dec-2013) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Pros: Easy to use platform, customer service."
William Shewey - USA (Dec-2013) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Excellent free trading and charting platform, good service, reasonable fees."
John Sho - USA (Aug-2013) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Great platform, good fills."
Gary Rezeau - USA (Jun-2013) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Pros: Low fees and great customer service!"
Tori DeRonde - USA (Jan-2013) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Thinkorswim really sucks! Stay away from them. I have been with them from before TD took over them. Everything went downhill from there! My orders won't go through right. When they do go through, I have to pay + $.20-.30 over mid price to get them filled. They split my orders up and reject for no reason. They messed up the margin on my account causing me not to be able to trade as much. They label orders incorrectly when sending them to the exchange causing them to not to get filled (i.e. they label an 'opening order' as a 'closing order'). Their Commissions are sky high. I added up that I paid 12% of my entire account balance in commissions! This is at the $1.25/contract rate trading 300 contracts/month =$4500/yr. Even other commission rates they offer produced the same amount. I called them and asked if they could give me a reason what makes them worth 12% and they hung up on me (Kevin with commissions)! What a bunch of jerks! I'm sorry but they just lost $4500 from me. I am pulling my money right away. I would stay away from this company unless you want to give them your shirt off your back. You won't make anything trading with these guys!"
Philip T. - Georgia, USA (Jan-2013) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "No properly functioning android app and no automatic yearly summaries to download."
Jamie Lalonde - USA (Jan-2013) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "The TOS platform is supercharged to the point that it allows me to perform at my best. At least half of my 6 figure income is totally due to the vast functionality and wealth of resources built into the TOS platform."
Becca - USA (Dec-2012) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Great charts, research, education."
Kenneth Dybala - USA (Dec-2012) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Low fees, can trade most types of trades."
Bill Heald - USA (Dec-2012) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Great charting software and very intuitive."
Richard Mattessich - Texas, USA (Nov-2012) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Professional level platform."
Mike Selnick - Virginia, USA (Oct-2012) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Much information, good prices, customer service very responive."
David Atkinson - Utah, USA (Sep-2012) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Easy to put on trades, excellent trade desk and customer service."
Tom Mdine - Ohio, USA (Aug-2012) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "Think or swim sucks. You cannot find anything you need when you want to make a fast needed change. I hate them and filed a complaint to finra as well. More to come I am sure."
Mark - USA (May-2012) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "I used TOS/TD Ameritrade & Options Xpress and they, and several others, are now discounting commissions through a new site that was started by Tom Sosnoff, the founder of TOS which was acquired by TD Ameritrade. I was able to get a $350.00 discount on my trades through my existing brokers!"
Bob Gordon - British Columbia, Canada (Dec-2011) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "My Think or Swim account was recently "seized" by TD Ameritrade. What a disaster! I can't even begin to detail all the ways they have screwed me and screwed up my life savings. I am going to move all my accounts as soon as possible! If you consider this broker, Please read the fine print. It allows them to do virtually anything with total immunity."
Barbara Myers - USA (Oct-2011) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "August 15, 2011: discovered my Think or Swim (TOS) trading platform and my accounts had been taken over by TD Ameritrade. Account numbers had been changed. My accounts had a red banner flashing that stated my accounts were subject to a Reg-T Margin call due to lack of funds. This warning was on 3 accounts. My balance was in negative numbers. The balances on these accounts on the previous day were over $200,000 each, with a total over $700,000. Upon further examination I discovered that $258,000 of my funds had been invested in something called and MMDA1. I did not give permissions or authorization to any party to make my investment decisions. I immediately assumed someone had hacked into the TOS platform and stolen all funds. I suddenly knew first hand how Bernie Madoff's clients felt. My next step was to try to close the erroneous investment that was occupying $258,000 of my funds. I found that position was locked. Over the past 5 years and thousands of trades I had never had any position locked. The account holder can always liquidate a position by simply placing an order to close the trade. But not this investment. This investment had been made for me by TD Ameritrade for my convenience. I had no prior knowledge and never granted any one authority to trade my account or made trading decisions. The account errors and unauthorized investments have now tied up my account for over 2 weeks. It is a nightmare. I can not enter or exit any trades. I can not get out of the investments that TD Ameritrade made for me. I have filed complaint with the SEC, but it has been more than a month and there has been no reply from the SEC or from Ameritrade. There is still $117,000 missing from my account and I can not get any answers."
Don Milton - USA (Oct-2011) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - " I've used Thinkorswmin to trade since at least 2006/2007 and it was brilliant. I was a new investor and their support was great. The founder would respond do your emails directly. It's gone downhill since the TD Ameritrade acquisition. Expect to get bounced around to 10 "support" staff who are all morons and never answer your questions. The irony is I need their support less now -- but find them even more frustrating. Oh, and the number of times my account info incorrectly shows is remarkable. You'd think this info (and trade execution) is all that matters for a broker, but they can't even get THAT right anymore. Go somewhere else."
Jordan - USA (Aug-2010) - Reply or add your Thinkorswim review

Click to go to the top of the page Thinkorswim - "TD Ameritrade sucks big! I opened an account back in December '09 and tried their ThinkorSwim and Investools. For beginning traders I have to say...Do not use...Their program is hard to navigate, their customer service is horrible, plus they don't want to refund my money! I told them specifically I am just a beginner and don't know anything about trading, crawl before walking, you know? Was told that their seminar would help me out but of course, all they did was spend 7-8 hours on a sales pitch for options which I have no clue about. When I signed up to get Investools, I was told by their guy that I would receive CDs in about a week. Again, nothing. When I contacted TDAmeritrade, was told they don't send out CDs. So I pretty much passed the 30-day return grace period. My fault? Don't think so. Have been contacting them for about three months now with nothing but apologies, but no refund. What a crock!!!"
Teri - California, USA (Mar-2010) - Reply or add your Thinkorswim review


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