Coinbase vs. thinkorswim

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Coinbase
Score 9.0 out of 10
N/A
Coinbase is a digital currency exchange (Coinbase Pro) and crypto-oriented software solution suite for businesses, including hosted checkout pages, payment buttons, invoicing, and multiple ecommerce integrations (Coinbase Commerce), a turnkey solution for brokerages, exchanges, and fintechs enabling them to offer customers crypto (Coinbase Prime), crypto asset custody (Coinbase Custody), and a wallet to self-store crypto (Coinbase Wallet).
$0.20
taker fee
thinkorswim
Score 9.0 out of 10
N/A
Thinkorswim, 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
Coinbasethinkorswim
Editions & Modules
$100K-$1M
$0.20
taker fee
$10-50K
$0.35
taker fee
<$10K
$0.50
taker fee
No answers on this topic
Offerings
Pricing Offerings
Coinbasethinkorswim
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
Coinbasethinkorswim
Best Alternatives
Coinbasethinkorswim
Small Businesses

No answers on this topic

Coinbase
Coinbase
Score 9.0 out of 10
Medium-sized Companies

No answers on this topic

Coinbase
Coinbase
Score 9.0 out of 10
Enterprises

No answers on this topic

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
Coinbasethinkorswim
Likelihood to Recommend
8.4
(0 ratings)
9.1
(0 ratings)
Usability
9.0
(0 ratings)
-
(0 ratings)
Support Rating
6.4
(0 ratings)
-
(0 ratings)
User Testimonials
Coinbasethinkorswim
Likelihood to Recommend
Coinbase is well suited to the beginning investor, or someone who wants to learn more about Crytpo. While not all forms of Crypto are available for purchase outside of Coinbase Wallet, the variety is great. Also, the way their graphs display performance over time is so convenient, we do not have to do excessive outside research, because Coinbase is great at keeping relevant information in one place.
Read full review
I think this site does a great job in providing the information that any day trader, market timer, or long-term investor. I think that it is useful to all types of people who would take the time to understand it. Now it could be extremely overwhelming to a novice or someone who has difficulty understanding ding financial concepts, but to those that are willing it's a great platform.
Read full review
Pros
  • Coinbase has a really nice looking design which offers for a better user experience.
  • Coinbase is extremely easy to use.
  • Coinbase does a great job delivering company news/changes to its users.
  • Coinbase offers frequent updates which makes you feel more secure using their services.
Read full review
  • Day Trading
  • Swing Trading
  • Long term Investment
Read full review
Cons
  • The fees coinbase charges on top of the crypto networks are relatively high, compared to the rest of the industry
  • Under load/high volume, the site and application become unresponsive
  • Customer support is lacking. It's hard to talk to a human and get a real response to your questions/concerns. This is particularly irritating since we're dealing with money.
Read full review
  • Offering more streaming platforms, like bloomberg for example or Fox Business.
Read full review
Usability
The application and desktop versions are updated regularly and rarely experience down time.
Read full review
No answers on this topic
Support Rating
I haven't needed to contact support for Coinbase yet—it's probably because it is super easy to use and very intuitive. If I were to use the support, it would probably be better than these other companies because most of the other ones come from foreign markets or aren't as big as Coinbase.
Read full review
No answers on this topic
Alternatives Considered
Coinbase and robinhood both offer crypto trading and investing. Coinbase, however, also offers to stake along with sending and receiving crypto. It's also nice that Coinbase focuses on crypto rather than also offering the purchasing and selling of stocks. Coinbase also does a better job of trying to educate their users about each crypto and often offers free crypto with that education. I use Coinbase for crypto trading/purchasing for those reasons.
Read full review
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].
Read full review
Return on Investment
  • I have been interested in investing. But certain stocks are high. Cryptocurrency is open to whatever amount you have unlike stash or e-trader that only you a small amount to ownership
  • I get the benefits to be educated on a few currencies and blockchains. They even give you a starting amount to get you trading
  • To withdrawal, coinbase ask which currency to withdraw from. Then give a QR code to point at a bitcoin ATM or service.
Read full review
  • No negative impacts so far, the use of paper money through thinkorswim helps lower risk of negative results.
  • A positive impact is the use of thinkorswim through the web, desktop, or mobile device.
  • To reiterate from before, thinkorswim is invaluable help to a business or person learn about the stock market without any risk of losing and be confident about their skills prior to using real money.
Read full review
ScreenShots