cost to 20 per standard lot (100,000 units) traded, making it an expensive option. A ThinkorSwim trading account is a no-brainer for large account holders that are looking for the best trading conditions on a long-term basis. Further Reading, tD Ameritrade, platforms Tools, benefits. It is difficult to open a position in the Forex market with 50 and a maximum leverage of 1:50 unless a trader chooses a micro trading account. TD Ameritrade review on our sister site,.
ThinkorSwim is also one of the US-based FX brokerages that charge a fee for their services and platforms. Traders will be spoilt for choice with their ThinkorSwim account from TD Ameritrade, but there are some associated costs of trading that you have to consider before investing. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses." Learn more. Under the Forex Trader module, rates are displayed for six currency pairs by default. There are also a detailed economic calendar and fundamental analysis tools that offer traders a diverse arsenal of means to research the markets, including in video format. Clients do get access to live customer support for 24 hours a day and 7 days a week, with no breaks in between, unlike traditional Forex brokers that only offers live support for 5 days a week. The online support is comparable to most other platforms, with the added lesson touch. In this ThinkorSwim review, we will attempt to offer you some insights into the trading restrictions, platform performance, and account options that are available at TD Ameritrade through their ThinkorSwim platform. With non-commission forex contracts, prevailing spreads are marked up (wider) in lieu of commission.