thinkorswim (Schwab)
Category: scanners · Starting price: Free
Disclosure: some links on this site may be affiliate links, which could earn us a commission at no cost to you. These links are plain. It doesn't change prices or what we list. Details.
Plans and pricing
| Plan | Monthly · Yearly |
|---|---|
| thinkorswim platform | FreeFree with a Schwab account; trades at Schwab's standard pricing ($0 online listed equities, $0.65 per options contract). |
How to read prices: figures without a mark are published by the vendor (billed monthly, or billed yearly as a total). Amber figures marked ≈ were worked out by us, not published by the vendor. Calculated means we worked it out because the vendor publishes only one billing option (12 × the monthly price, or the yearly price ÷ 12); you can't necessarily buy it at that price. Derived means the vendor shows annual billing only as a per-month price, so the yearly total is 12 × that figure. Promotional and limited-time prices are left out (see notes). Prices in USD, before tax.
- 30-day Guest Pass for people without a Schwab account.
Source: https://www.schwab.com/trading/thinkorswim. Checked 2026-10-16.
Features (as listed by vendor)
- 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
At a glance
| Free tier | YES |
|---|---|
| Real-time data | Not stated on vendor page |
| Pricing status | ✓ VERIFIED |
| Last checked | 2026-10-16 |
| Affiliate program | None found (broker platform). TraderToolStack has not joined this program, and links are plain. |
Note: Free with a Schwab account. Trades are charged at Schwab's standard pricing. Per Schwab's FAQ, day trading also needs margin approval and $25,000 minimum account equity.
Price-change history
No changes recorded since tracking began.