Clients can check more than 35 criteria such as performance, portfolio characteristics, dividends, ratings and risks, as well as fees and expenses. The Morningstar category criteria for tdameritrade.com allow clients to find targeted funds in one or more Morningstar categories out of nearly 100. Categories range from bear markets to target date funds to Japanese equities. There are 15 predefined ETF screens and the last five custom screens are automatically saved. Customers can name and save any screen for future use. Screener`s results can be recorded as a watchlist. Several Thinkorswim components use a single-letter coding for exchange names. An explanation can be made in the following tables. The following columns are available in the two sections above: the trading period, the negotiated option, the trading quantity, the execution price, the exchange on which the trading took place, the offer/questions of the option, the option delta, the implied volatility and the price of the underlying security. On the Thinkorswim platform, you`ll find highly-performing and customizable diagrams. The site also has good charting tools, but TOS`s capabilities blow everything else. The size of the diagram, colors, studies, strategies and drawings are customizable and can be saved, retrieved, released and reprogrammed. There is also a way to create custom candles.
On the web, you can customize the type of order (market, limit, etc.), the amount of order, the order page (buy or sell) and the tax-loss method. In thinkorswim, you can also customize command templates for each asset class so you can access policies for multiple orders with a single click. You can stage commands for later input on all platforms. TD Ameritrade`s portfolio planner on the website displays your current asset allocation and allows you to compare it with a target allocation model. You can get a detailed list of recommended changes to reconcile your portfolio if you wish. You can also customize your target asset allocation model, then use the “Find Titles” feature to top up previously verified possibilities. Videos and packaged articles for different levels of investor expertise can be found on TD`s Ameritrade training page or on the Education tab in the thinkorswim platform. Content organized in courses such as “Simple Steps for a Retirement Portfolio” or “Options for Volatility” allows you to immerse yourself in the theme, understand new concepts and strategies and apply them with TD Ameritrade tools.
A new video training course on income investment in retirement to help people living near retirement, learn how to adapt their portfolios to retirement needs and develop an income plan, debuted in 2020. TD Ameritrade joined the zero-cost race, but it didn`t take it as fully as some of its big rivals. However, the broker is largely on the same wavelength as the industry. A version of thinkorswim for the web contains live trading and Papermoney, trading simulation and all asset classes available on the downloadable version as well as all the same data sources and the same trading engine. Your watchlists and dynamic watchlist are the same. The main difference is that the web version is mainly transaction-oriented and has a simpler layout than the downloadable package. The biggest difference between the web and the desktop is that all available features are collected in a view on the web instead of having many different tabs. The web version is not as functional as desktop or native mobile apps, but is built the way customers ask for their desired functionality.