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TD Ameritrade enhances thinkorswim trading product suite

Posted on 2021-12-17 By admin No Comments on TD Ameritrade enhances thinkorswim trading product suite

TD Ameritrade is making enhancements to its thinkorswim trading product suite to offer an even more personal, mobile-friendly experience. Aided by a host of new features and refinements to its user interfaces, these upgrades come as the firm prepares to close out a year where mobile trading for the first time surpassed trading on desktop devices.

“Among the many things that made 2021 unique from a trading perspective is the fact that we’ve reached the mobile-first tipping point,” said JJ Kinahan, chief market strategist, TD Ameritrade.

“We have always put a strong emphasis on our mobile capabilities, iterating and enhancing our offerings to deliver the full-featured but intuitive experience our trader clients have come to expect, regardless of the device they’re using. This year in particular, with so many novice traders engaging in the markets for the first time, it has also been critical to incorporate enhanced education about the strategies that may help them pursue their goals.”

Highlights of the recent thinkorswim enhancements include:

  • thinkorswim Desktop has gained more than 20 new charting strategies, studies and drawing tools in addition to a personalized news interface, news keyword search, and social activity watchlist.
  • thinkorswim Mobile is more customizable than ever, with a New Trader-driven account overview, redesigned core tools for easier onboarding, interactive in-app help, a new chat interface and support for Apple M1 chip.
  • thinkorswim Web now features a dedicated charts tab, eight new chart studies plus five new drawing tools, dozens of new pre-built watchlists, contingent orders, order rules and trailing stops, transaction history, and a personalized education experience.

Let’s recall that, in August 2020, Schwab announced plans to adopt thinkorswim and integrate its trading platforms, education, and tools into its trader offerings for clients.

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