TakeProfit vs. thinkorswim

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
TakeProfit
Score 0.0 out of 10
N/A
TakeProfit is a community-driven trading platform that provides traders an opportunity to benefit from their expertise by acting as a hub for sharing insights and informed trading decisions, it optimizes the use of members' skills. Advanced Toolset for Traders TakeProfit provides a variety of tools designed to improve trading skills: Workspaces: Users can organize their workspaces with drag-and-drop widgets, designed to adapt to various…
$20
per month per user
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
TakeProfitthinkorswim
Editions & Modules
All-in
$20
per month per user
All-in
$120
per year per user
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Offerings
Pricing Offerings
TakeProfitthinkorswim
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsAll-in paid plan includes unlimited Workspaces, Channels, and Refreshings (for screeners and heatmaps): manual refresh, 30 sec, off. Full access to Indie’s Marketplace, 20,000 chart history (number of candles/bars)$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
TakeProfitthinkorswim
Best Alternatives
TakeProfitthinkorswim
Small Businesses
Coinbase
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Score 9.0 out of 10
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Coinbase
Score 9.0 out of 10
Medium-sized Companies
Coinbase
Coinbase
Score 9.0 out of 10
Coinbase
Coinbase
Score 9.0 out of 10
Enterprises

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User Ratings
TakeProfitthinkorswim
Likelihood to Recommend
-
(0 ratings)
9.1
(0 ratings)
User Testimonials
TakeProfitthinkorswim
Likelihood to Recommend
No answers on this topic
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.
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Pros
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  • Day Trading
  • Swing Trading
  • Long term Investment
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Cons
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  • Offering more streaming platforms, like bloomberg for example or Fox Business.
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Alternatives Considered
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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].
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Return on Investment
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  • 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.
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ScreenShots

TakeProfit Screenshots

Screenshot of access to over 70 built-in cloud indicatorsScreenshot of drawing tools for advanced technical analysisScreenshot of dynamic watchlists with the option to display as either a list or heat map.Screenshot of the Stock Screener equipped with over 80 fundamental parameters, enabling users to pinpoint potential opportunitiesScreenshot of low-latency charts are user-friendly, highly customizable, and visually appealing.Screenshot of financial indicators of all public companies traded on the US market