Now introducing commission-free trading

Applies to US exchange listed stocks, ETFs, and options. A USD$0.65 per contract fee applies for options trades. A USD$6.95 commission applies to trades of over-the-counter (OTC) stocks which includes stocks not listed on a U.S. exchange.

Virtual Trading

paperMoney®— the place where trading risk doesn't exist

Trading and risk. It's a package deal. But paperMoney lets you test-drive strategies and get comfortable with thinkorswim using virtual accounts, so you don't have to risk a cent. With a paperMoney account loaded with USD$100,000 of virtual money, you can trade any product available in the live trading application.


To experience the magic of paperMoney, just follow these three easy steps:

  • Register. Simply provide us with a few pieces of contact information and choose a User ID and password that you will enter every time you access paperMoney.
  • Download, install, and launch the thinkorswim platform. Select "paperMoney" on the log in screen. If you have an iPhone®, iPad® or AndroidTM smartphone or tablet, you can also download our thinkorswim Mobile app, which also supports paperMoney.
  • Enter your User ID and password. Voila! It's playtime.

Now introducing commission-free trading

Applies to US exchange listed stocks, ETFs, and options. A USD$0.65 per contract fee applies for options trades. A USD$6.95 commission applies to trades of over-the-counter (OTC) stocks which includes stocks not listed on a U.S. exchange.