Thinkorswim

Core Features

• Portfolio Management
  Track investments and assess performance effectively.
• Market Data
  Real-time stock prices and market trends for informed trading decisions.
• Watchlist
  Customizable list of securities for easy monitoring of price movements.
• Charting Tools
  Visual tools to analyze price movements and trends using various chart types.
• Order Execution
  Complete trades by placing, modifying, and canceling orders.
• Order Control
  Manage and modify trades efficiently to align with trading strategies.

Order Execution

• Limit Order
  Buy/sell at a specified price or better for control over trade execution.
• Market Order
  Immediate buy/sell at current market price prioritizing speed.
• Stop (Loss) Order
  Sell when the price hits a certain level to limit losses.
• Stop Limit Orders
  Triggers a limit order once a specified stop price is reached.
• Trailing Stop Order
  Adjusts the stop price with favorable market movement for profit protection.

Research and Analysis

• Technical Analysis
  Use price movements and volume data to predict future price trends.
• Fundamental Analysis
  Evaluate a security's value by analyzing financial data and economic factors.
• Scanning Tools
  Filter stocks based on specific criteria to spot trading opportunities.
• Backtesting and Optimization
  Test strategies against historical data to assess effectiveness.
• Smart drawing tools
  Annotate charts with trend lines and levels for better analysis.
• Pattern Recognition
  Identify significant historical price patterns for future forecasting.

Trading Options

• Paper Trading
  Simulate trading without real money to test strategies.
• Intraday Trading
  Buy/sell securities within the same trading day for short-term gains.
• Options Trading
  Buy/sell options contracts for strategic market exposure.
• Futures Trading
  Trade contracts obligate the purchase/sale of an asset at a future date.
• Forex Trading
  Trade currency pairs to profit from exchange rate fluctuations.
• Crypto Trading
  Trade cryptocurrencies to benefit from market volatility.
• Margin Trading (MTF)
  Borrow funds to trade larger positions than account balance allows.
• Algorithm Trading
  Automate trading strategies for faster execution without emotional bias.
• Mutual Funds
  Invest in professionally managed portfolios for diversified exposure.
• Automatic Trading
  Execute trades automatically based on set criteria.
• Stock SIP
  Allows for systematic investment in stocks over time to build a portfolio gradually.

Account Management

• Customizable User Interface
  Personalize trading environments for ease of use.
• Demat Account Creation
  Facilitate the opening of electronic securities accounts.
• Platform Migration
  Assist in transferring accounts or data from one platform to another.
• Multi-Factor Authentication (MFA)
  Enhance security with multiple verification methods.

Integrations

• API Integration
  Connect third-party apps to enhance platform functionality.
• Financial Tools Integration
  Incorporate various financial analysis tools for improved insights.

Reporting & Analytics

• Dashboards
  Visual summaries of key performance metrics for quick assessments.
• P&L Report
  Summarize profits and losses over a specified period.
• Automated Reports
  Generate regular reports on trading activity and performance automatically.
• Report Customization
  Tailor reports to meet specific user requirements for relevance.
• Contract Note
  Document detailing trade specifics, including prices and fees.
• Financial Transaction Report (CashLedger)
  Track cash inflows and outflows in the trading account.

Alerts & Notification

• Price Alert
  Notifications when securities hit specified price points.
• Real Time Market Updates
  Instant notifications on significant market changes and events.
• News Alerts
  Updates on news events that could impact markets.
• Volume Alerts
  Alerts for unusual trading volumes in securities.