Is ThinkorSwim available in Canada?

Short Answer

ThinkorSwim is not available to Canadian users. TD-Direct Investing, which was providing the platform to its users replaced it with another trading platform known as Advanced Dashboard. Hence Canadian citizens who have a TD account can no longer access ThinkorSwim as earlier. In order to get ThinkorSwim, you need to have a TD Ameritrade account which is a U.S based broker.

Detailed Answer

What is ThinkorSwim?

ThinkorSwim is a trading platform that provides many charting and trading tools for investors as well as traders. The platform is available on mobile as well as on desktop, hence users can utilize it more efficiently on multiple devices.

ThinkorSwim is a platform, provided by TD Ameritrade. TD Ameritrade is a U.S based broker that was recently acquired by, the finance giant Charles Schwab. The broker works on a ‘zero commission’ based model. Under this platform, you don’t have to pay any commissions on your trades, no platform fee or any data charges, etc. You can trade stocks, ETFs (Exchange Traded Funds), Options, etc without paying anything extra in commissions. Let’s find out if you can use it in Canada.

Is ThinkorSwim available in Canada?

Unfortunately, ThinkorSwim is not available in Canada. TD Ameritrade, which provides the platform to all its users does not provide it in Canada.

TD Ameritrade works under the name of ‘TD- Direct Investing’ which discontinued ‘ThinkorSwim’ and replaced it with a different platform known as AD or ‘Advanced Dashboard'. Therefore you will not get ThinkorSwim along with TD-Direct Investing if you decide to open an account with the broker.

Advanced Dashboard provides a decent number of features like international screeners to scan Canadian as well as U.S. markets. It offers advanced charting tools, option chains, advanced options analytics, and much more.

Bottom line

If you have a TD Ameritrade account or you have a U.S. passport, then you can go ahead and access ThinkorSwim through TD Ameritrade. On the other hand, Canadian citizens cannot directly get access to the platform as it is discontinued from TD Direct Investing.

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Categories: Stock Trading
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