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thinkorswim (Schwab) vs NinjaTrader

A side-by-side look at published plans and listed features, checked 2026-10-17.

thinkorswim (Schwab)
Free
VS
NinjaTrader
Free · paid from $99/mo · ≈$1,188/yr
Fieldthinkorswim (Schwab)NinjaTrader
Starting priceFreeFree · paid from $99/mo · ≈$1,188/yr
Plans (monthly · yearly)
  • thinkorswim platform
    Free
  • 30-day Guest Pass for people without a Schwab account.
  • Free
    Free
  • Monthly
    $99/mo · ≈$1,188/yr (12× monthly, calculated)
  • Lifetime
    $1,499 one-time
  • NinjaTrader is a futures broker: plan prices are platform fees, per-contract commissions are charged per side on top, exchange, clearing and NFA fees are extra, and plan features need a funded account (any amount over $0).
  • Charting, backtesting and simulated trading cost nothing and need no funding. Opening an account comes with 14 days of live market data at no charge.
Free plan
Free trialNot listedNot listed
PlatformsNot listed in our dataNot listed in our data
Real-time dataNot stated on vendor pageTop-of-book real-time data once the account is funded
Key features
  • Stock Hacker scanner (fundamental, technical and option-related criteria, custom attributes)
  • Pre-defined and custom screeners, watchlists
  • thinkScript custom studies and condition wizard
  • 400+ technical studies
  • paperMoney simulated trading
  • Desktop (Windows, Mac; a Linux installer is offered without official support), web and mobile
  • Backtesting and paper trading at no cost; no account funding needed
  • Market Replay for tick-by-tick playback of past sessions (funded account)
  • Charting, custom indicators, strategy automation and third-party add-ons
  • Order Flow+ (funded account) and Pulse indicator (no funding needed)
  • Available on desktop, web and mobile (futures trading)
Last checked2026-10-172026-10-17
Sourcehttps://www.schwab.com/trading/thinkorswimhttps://ninjatrader.com/pricing/
LinksVisit site (opens in new tab)Visit site (opens in new tab)

≈ = calculated by us, not published by the vendor. Prices in USD before tax. How we read prices →

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