For stock & forex trading online, visit the official website of the ThinkOrSwim at www.thinkorswim.com. It was founded in 1983 as Telescan, Inc. The main headquarters of ThinkOrSwim is situated in the New York with offices in Chicago, IL, Draper, UT, Needham, MA, and Palo Alto, CA. Thinkorswim brokerage is an American company providing live and online shareholder education services with its Investools division. For self-directed option traders, Investools provide services to over 71,175 funded trading accounts and institutional customers who invest in equities, exchange-traded funds, futures, mutual funds and bonds through its brokerage subsidiary, thinkorswim, Inc. Here is mentioned step-by-step process of how to login at ThinkOrSwim.com for online stock & forex trading.

ThinkOrSwim offers flat-rate commissions regardless of how many trades you make. The four trading platforms of ThinkOrSwim access your account from virtually any mobile device, including your cell phone. Investor education, brokerage, related financial products & services for self-directed investors are offered by Investools Inc. A variety of investor education products in a range of interactive delivery formats, which includes instructor-led synchronous and asynchronous online courses, in-person workshops, one-on-one and one-to-many online coaching programs and telephone, live-chat and email support are included in Investools Education Group.

ThinkOrSwim provides four types of accounts like Retirement Accounts, Individual & Joint Accounts, Corporate Accounts, and Trust & Custodian Accounts. In Retirement Accounts, they do not allow for short stock, short calls or futures. In this account a spouse also can contribute, but my personal advices is "must open a separate account". Earnings and withdrawals of original contribution are tax-free. Individual and Joint Accounts are opened by those people who want to trade personal capital in a non-tax sheltered account. Corporate Accounts means an account which detained in the name of a corporation where the officers of the company designate who may act and trade for the corporation.

In Trust account, securities/funds are listed in the name of the trust, while a trustee controls the supervision of the investments. Custodian Account, a custodian enters trades on behalf of the beneficial owner who is a minor. If you want to open any of your account, then for that you have to fill an application form. For registration, write user name and password and primary email address. After that, write contact information which includes country of residence, country of citizenship, first name, middle name and last name. Now, write your full address with zip code and contact number. Then, write that how did you hear about thinkorswim and press ‘Register’ button.

For login, write username, domain and password. You have to select, either on "I want to finish opening/manage my account" or "I want to launch web based trading". After that, select your default tab and press ‘login’ button. If you have forgotten your user name then click on ‘Forgot your username’ and if you have forgotten your password then click on ‘Forgot your password’.

Thinkorswim Pricing

• $500 account minimum
• $9.95 per stock trade (5000 shares max) or $.015 per share ($5.00 min)
• Standard option rate – $2.95 per contract or $1.50 per contract $9.95

Pros/Advantages of Thinkorswim:

• Great mobile access
• Cutting-edge trading technology
• Flat-rate commissions
• Three free mutual fund trades per month

Cons/Disadvantages of Thinkorswim:

• More bells and whistles than some might want
• Takes $3,500 to open an account
• Not great for international traders

Thinkorswim Standout Features:

• Lots of incentives, including free Internet for active traders
• Free first three mutual fund trades in calendar month
• They offer flat fee trading at $9.95 or by share at $.015 per share ($5 minimum)
• Four mobile applications, including for iPhone, Blackberry and Nokia phones
• Three options trading rate schedules, including one for new customers

Source: https://www.thinkorswim.com/tos/client/index.jsp

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