TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Binance

    Score8 out of 10
    N/ABinance is a global blockchain and cryptocurrency infrastructure provider with a financial product suite that boasts the largest digital asset exchange by volume.N/A

    thinkorswim

    Score9 out of 10
    N/AThinkorswim, with its Investools division, is an American company offering live and online investor education services. In addition, through its brokerage subsidiary, thinkorswim, Inc., Investools provides services to funded trading accounts for self-directed option traders and institutional users who invest in equities, exchange-traded funds, futures, mutual funds and bonds.N/A
    Pricing
    Binancethinkorswim
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Binancethinkorswim
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—$0.00 commissions. No platform fees. No data fees. No trade minimums. Online---$0.00-- Interactive Voice Response (IVR) Phone System-$5.00-- Broker-assisted-$25.00
    More Pricing Information
    Community Pulse
    Binancethinkorswim
    Considered Both Products
    Binance
    No answer on this topic
    thinkorswim
    No answer on this topic
    Key User Insights
    Would buy again
    91%
    Would buy again
    10 Answers
    No answers on this topic
    Delivers good value for the price
    100%
    Delivers good value for the price
    9 Answers
    No answers on this topic
    Happy with the feature set
    100%
    Happy with the feature set
    11 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    100%
    Lived up to sales and marketing promises
    9 Answers
    No answers on this topic
    Implementation went as expected
    100%
    Implementation went as expected
    6 Answers
    No answers on this topic
    Best Alternatives
    Binancethinkorswim
    Small Businesses
    Coinbase
    Score9 out of 10
    Coinbase
    Score9 out of 10
    Medium-sized Companies
    Coinbase
    Score9 out of 10
    Coinbase
    Score9 out of 10
    Enterprises
    No answers on this topic
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Binancethinkorswim
    Likelihood to Recommend
    8.2
    (12 ratings)
    9.1
    (3 ratings)
    User Testimonials
    Binancethinkorswim
    Likelihood to Recommend
    Binance
    If you are into crypto, it is definitely a platform that needs to be used for your business if you want to adapt to a modern-day solution. Especially with a lot of exchanges platform or crypto platforms around, I do think it's a good idea to find one that is highly regulated and well known in the industry. That's why Binance is a go too platform.
    Incentivized
    Read full review
    thinkorswim
    I would not hesitate to recommend thinkorswim to someone who wants to get into the stock market. The opportunity to use "paper money" can help beginners learn the fundamentals of trading without any risk. Although the trial period is only 60 days, [that's a] good amount of time for new users to learn enough before venturing out into the real world. Adding to the positives, thinkorswim mobile app is superb and a great way to keep up with your portfolio on the go.
    Incentivized
    Read full review
    Pros
    Binance
    • Has the best data, tables and choices of all platforms out there.
    • Best charges / prices with quick transfers of currency from fiat banks to Binance
    • Best selection of currencies
    Incentivized
    Read full review
    thinkorswim
    • Day Trading
    • Swing Trading
    • Long term Investment
    Incentivized
    Read full review
    Cons
    Binance
    • You have to login every time you use it due to security concerns.
    • The fees and charges are not clear sometimes
    • Make sure you go through the terms carefully before using any platform.
    Incentivized
    Read full review
    thinkorswim
    • Offering more streaming platforms, like bloomberg for example or Fox Business.
    Incentivized
    Read full review
    Alternatives Considered
    Binance
    We found that Binance has a better fee structure. We also found Binance to be much easier to use. I have a little bit of experience in the trading space, but it was essential to have an easy-to-use platform for inexperienced employees to use while keeping up with new technology.
    Incentivized
    Read full review
    thinkorswim
    I have personally used Charles Schwab mobile app and online page for about 3 years and have been thoroughly satisfied. Before TD Ameritrade and Charles Schwab merged, I had used thinkorswim for the 60-day paper money trial before using my real money on investments. I confidently believe the time I've spent on thinkorswim has helped me mitigate any big losses in my investments. As for robinhood, the mobile app is a lot better for beginners to understand and the UI can be described as more aesthetically pleasing. thinkorswim triumphs in many other aspects [as well] such as being backed up by TD Ameritrade and Charles Schwab and the plethora of knowledge [a user can access].
    Incentivized
    Read full review
    Return on Investment
    Binance
    • It gave good opportunity for investment which resulted in good ROI
    • It's better than Indian Exchanges as the manipulation is high there
    • It's the best platform to check the actual prices of coins as other applications nowadays are fluctuating in prices
    Incentivized
    Read full review
    thinkorswim
    • Easy to place orders
    • Easy to analyse stocks
    • Easy to check over all portfolio
    Incentivized
    Read full review
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