Business
Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to answer the question, “Is TD Ameritrade’s Thinkorswim free?” The short answer is that yes, the platform is free to investors and traders. However, if you do want to have options trading privileges and get the ability to trade on margin, usually, they require a $2,000 deposit. Now, this is the time of this recording, so it may be different in the future and always check TD Ameritrade’s page and their website to see if that deposit requirement has been lowered or increased in the future. But the platform itself is free. They don’t charge any platform fees. As long as you’re a customer and you have a funded account, you can actually start trading and using the platform. I think it’s a great platform not only because I’ve used it for the last 10 plus years, but also because I truly think it’s one of the better platforms out there. Not every broker platform is perfect. There’s always different features and things that I like on other broker platforms and other technology that’s not wrapped up in Thinkorswim, but as far as options trading is concerned, I think right now, it’s currently the best platform that’s out there in the market. As always, if you guys have any questions, let us know and until next time, happy trading.