TakeProfit vs ThinkorSwim

TakeProfit lists one paid plan, All-In, at $20 per month or $120 per year, alongside a permanent free tier called Freeroll. TakeProfit has no pricing page: its pricing, plans, subscription and upgrade URLs return HTTP 404, so the figures appear only in FAQ answers, and its Terms add that the fee depends on promotions, location and payment method. Trial wording differs between pages: the homepage says every new account gets a 30-day All-In trial, while the Terms say a trial is offered only to some users at the vendor's discretion. ThinkorSwim has no subscription: desktop is free for Schwab clients with a brokerage account, with $0 account opening, maintenance fee and minimum, and Schwab's standard trade pricing applies to trades. Without an account, a 30-day Guest Pass gives simulated access. The two prices are not on the same basis, so no price winner is declared. Figures come from the vendors' own pages, last checked in October 2026.

ThinkorSwim is a suite of three platforms, desktop, web and mobile, with desktop for Windows 11 or later and Mac OS 14 or later, while TakeProfit runs in a browser with no installation. On mobile, TakeProfit's docs say there is no separate app and use is through a mobile browser, but its Terms of Use mention mobile applications, so the vendor's pages differ. ThinkorSwim's desktop, web and mobile platforms sync watchlists, scans and settings. For scripting, TakeProfit uses Indie, a dialect of Python that runs in the cloud and keeps running when the platform is closed; ThinkorSwim uses thinkScript, a built-in language for studies, strategies, watchlist columns, study alerts, conditional orders and scan queries. ThinkorSwim lists 400+ technical studies on desktop against 80+ native indicators on TakeProfit, all written in Indie. Linux is supported on ThinkorSwim only through an installer script, without official Schwab support. All figures come from the vendors' own pages, last checked in October 2026.

TakeProfit includes up to 400 non-expiring cloud alerts on the All-In plan and one alert on the free plan, delivered by Telegram, webhooks, email or pop-ups. Its feature pages claim alerts trigger in under 100 ms, while the FAQ gives about 300 ms typical latency, so the vendor's pages differ; this page uses the FAQ. ThinkorSwim includes customizable alerts, and no capacity or latency figure appears in the facts collected. For backtesting, TakeProfit's strategy tester runs on up to 20,000 candles, while ThinkorSwim's Strategy Report estimates profit and loss from thinkScript strategy signals, and thinkOnDemand replays periods from the last several months. TakeProfit has no replay or paper trading feature on the pages checked, while paperMoney offers $100,000 of virtual buying power using real-time market data and requires a Schwab account; people without an account can use the 30-day Guest Pass instead. Both platforms also support scripted study alerts and strategies, though by different languages. All figures come from the vendors' own pages, last checked in October 2026.

ThinkorSwim supports stocks, ETFs, options, futures and forex, but only through a Schwab brokerage account designed for U.S. residents. Futures and forex are provided by a separate Schwab entity, need approval, and forex is unavailable to residents of Ohio and Arizona. Individual cryptocurrencies cannot currently be bought or sold through a Schwab account, though crypto futures are available with a futures account. TakeProfit claims 5,000+ instruments and data from 70+ crypto exchanges, integrates Bybit natively and lists US stocks through Lime Trading using third-party widgets. Binance and Exness routing are in development, and its Terms describe the platform as tools for managing personal cryptocurrency holdings, so the vendor's pages differ in scope. Supported order types are Market and Limit. Schwab also counts trades placed through its APIs as online trades, and offers 24/5 trading on over 1,300 stocks and ETFs. TakeProfit's US equity data is a consolidated view, not the primary exchange feed. All figures come from the vendors' own pages, last checked in October 2026.

ThinkorSwim charges $0 commission on online stock and ETF trades, $0.65 per contract on options, and $2.25 per contract per side on futures excluding NFA and exchange fees; forex is $0 commission with the cost in the spread. Broker-assisted trades carry a $25 service charge. Schwab's pricing page says no hidden fees, yet real-time data requires exchange agreements and fees apply, and some futures exchanges add market data fees, so Schwab's pages differ. TakeProfit adds no trading commission of its own on the pages opened; cashback users keep standard Bybit pricing and can earn 50% of Bybit fees, or 10% if already affiliated elsewhere, only on orders executed in its terminal. The Rebates Policy does not guarantee the program continues. TakeProfit found no separate data add-on fee, though its FAQ notes that US exchanges charge licensing fees. Schwab's base margin rate is 10.25%, last changed 9/18/2026. All figures come from the vendors' own pages, last checked in October 2026.

ThinkorSwim is offered through Charles Schwab & Co., Inc., a member of SIPC listed on FINRA BrokerCheck with CRD number 5393 and SEC number 8-16514. SIPC protects up to $500,000 including $250,000 in cash, while futures and forex accounts are not SIPC-protected and sit with a CFTC-registered futures commission merchant, NFA ID 0477394, formerly TD AMERITRADE Futures & Forex LLC. TakeProfit's Terms of Use name Takeprofit Systems Ltd, a British Virgin Islands company, but the homepage footer shows 'TakeProfit Inc', so the vendor's pages differ. The Terms are governed by British Virgin Islands law, with arbitration seated in Road Town. TakeProfit does not hold user funds and no regulatory licence or register number was found on its Terms or homepage. On support, Schwab offers a 24/7 Trade Desk by phone, chat and in-platform, with futures support 24/5; TakeProfit offers Discord and email with no support tiers. All figures come from the vendors' own pages, last checked in October 2026.