| Asset class | Details |
|---|---|
U.S. Stocks |
|
Options |
|
Mutual Funds |
|
Bonds |
|
Forex |
|
Futures |
|
| Order Method | Cost per Trade |
|---|---|
Per Trade Commission |
$.015 per share ($5.00 minimum) |
Flat Fee Trading |
$9.95 per trade (market or limit orders; 5,000 shares maximum) |
| Order Method | Cost per Trade plus cost per contract |
|---|---|
Basic |
The lesser of: $2.95 per contract OR $1.50 per contract plus $9.95 (only one $9.95 charge for unlimited spread legs) |
EX/RATES #1 |
$1.25 per contract $12.95 minimum per leg |
EX/RATES #2 |
$.95 per contract $19.95 minimum per leg |
| Order | Cost per Trade |
|---|---|
Any trade |
$15.00 |
| Order Method | Days to Maturity |
|---|---|
Up to 6 months maturity |
$1.00 per bond |
Over 6 months up to 1 year maturity |
$1.50 per bond |
Over 1 year maturity |
$2.00 per bond |
Listed Bonds |
$1.5 per bond additional |
| Order | Commission |
|---|---|
All currency trades |
No commissions, thinkorswim is compensated through the dealing spread |
| Trade type | Commission |
|---|---|
Futures |
$3.50 per mini contract (inclusive of exchange fees) |
Options on Futures |
$3.00 per contract (inclusive of exchange fees) |
Minimum Balance (Cash) |
$3,500 |
Minimum Balance (Margin) |
$3,500 |
Minimum Balance (IRA) |
$3,500 |
| Tools | Service Features | Trade Features |
|---|---|---|
|
|
|
Domestic Wire Transfer |
$20.00 |
International Wire Transfer |
$50.00 |
Returned Check |
$25.00 |
Returned ACH |
$25.00 |
Stop Payment |
$25.00 |
Overnight Delivery |
$20.00 |
Stock Certificate Deposit |
$75.00 |
Stock Certificates Custody Charge |
$60.00 |
Transfer and Ship |
$100.00 |
Outgoing DRS to transfer agent |
$145.00 |
Incoming DRS Fee |
$25.00 |
Rush fee for Transfer and Ship |
$350.00 |
Restricted Stock Processing Fee |
$60.00 |
Restricted Stock Processing Fee |
$210.00 |
Overnight fee |
$40.00 |
Employee Stock Option Processing (ESOP) fee |
$100.00 |
Option Exercise/Assignment |
$15.00 |
IRA ACAT Transfer out of thinkorswim |
$55.00 |
ACAT Transfer out of thinkorswim |
$50.00 |
Rule 144 Sales |
$75.00 |
| Contact Information | |||
|---|---|---|---|
| Mailing Address | General Adresss thinkorswim, Inc. 600 W. Chicago Ave., Suite 100 Chicago, IL 60654-2597 thinkorswim Advisors, Inc. 36800 Woodward Avenue, Suite 102 Bloomfield Hills, MI 48304 |
Phone Phone Hours |
1-773-435-3210 Trade Desk and Compliance 6:00 AM - 6:00 PM CST (Mon-Thurs) 6:00 AM - 5:00 PM CST (Fri) Forex Support 6:00 AM - 9:00 PM CST (Mon-Thurs) 6:00 AM - 5:00 PM CST (Fri) |
| Website | www.thinkorswim.com |
Fax | 1-773-435-3232 |
| thinkorswim Reviews (13) |
|---|
Low costs and great service
Ever since I found thinkorswim, I've been in love. First, they have some of the lowest commissions in the business. There are lower, but only a few of those seem even remotely worthwhile...more
|
TradeStation and ThinkorSwim
I've used TradeStation for over 18 years and have been very satisfied, and continue to use their platform.
I've added ThinkorSwim because of their option trading platform and think that it is as...more
|
Steep learning curve
Lots of power in their desktop Java platform but one hell of a learning curve. The web UI is pretty bad and I wouldn't bother with it.
TOS was recently sold to TD Ameritrade, so beware.
|
