// side-by-side

thinkorswim (Schwab) vs OptionStrat

A side-by-side look at published plans and listed features, checked 2026-10-16.

Field	thinkorswim (Schwab)	OptionStrat
Starting price	Free	Free · paid from $39.99/mo · $419.99/yr
Plans (monthly · yearly)	thinkorswim platform Free 30-day Guest Pass for people without a Schwab account.	Free Free Live Tools $39.99/mo · $419.99/yr ($35/mo billed annually) Live Flow $99.99/mo · $999.99/yr ($83.33/mo billed annually) 7-day trial on Live Tools and Live Flow.
Free tier
Free trial	Not listed	7-day trial on Live Tools and Live Flow.
Platforms	Not listed in our data	Not listed in our data
Real-time data	Not stated on vendor page	Yes on paid plans; free plan is delayed
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, Linux), web and mobile	Live options flow with saved filters, alerts and historical search (Live Flow; limited on other plans) Options strategy builder and optimizer; live prices on paid plans, delayed on Free Chance of profit, net Greeks, volume overlay and IV tools (paid plans) Live newsfeed plus congress and insider trades (Live Flow) Private Discord chat (paid plans)
Last checked	2026-10-16	2026-10-17
Source	https://www.schwab.com/trading/thinkorswim	https://optionstrat.com/membership
Links	Visit 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 →