Schwab thinkorswim paperMoney: paper trading review & facts
broker demo · last verified 2026-10-17
thinkorswim is a broker demo, covering US. Price: Free. Data: Real-time simulated market data (paperMoney).
- Website
- https://www.schwab.com/trading/thinkorswim/paper-trading
- Markets
- US
- Asset classes
- stocks, options, futures, forex
- Market data
- Real-time simulated market data (paperMoney)
- Price
- Free
- Account / signup
- Schwab login, or 30-day Guest Pass without account (not extendable)
- Starting balance
- $100,000
- Reset
- unknown
- Replay
- unknown
- Platforms
- desktop, web, mobile
- Country availability
- Confirmed in some countries; others unverified
Available: US
Guest Pass offered on schwab.com and international.schwab.com; no eligible-country list published for Guest Pass - Notable limits
- Guest Pass limited to 30 days
- Affiliate program
- referral only (Schwab Refer a Friend, for clients) (program) (we do not currently earn from this listing)
- Tags
- usoptionsfuturesforexfree-realtimeno-account-trial
FAQ
Is thinkorswim paper trading free?
Our dataset lists the price as: Free.
Does thinkorswim use real-time or delayed data?
Real-time simulated market data (paperMoney).
Do I need an account to paper trade on thinkorswim?
Schwab login, or 30-day Guest Pass without account (not extendable).
How much virtual money does thinkorswim give you?
$100,000.
Which countries can use thinkorswim?
Confirmed in some countries; others unverified. Available: US. Guest Pass offered on schwab.com and international.schwab.com; no eligible-country list published for Guest Pass.
Listed in
Best for US stocksBest for optionsBest for futuresBest for forexBest for free paper tradingBest for real-time dataBest for free real-time data
Comparisons
Schwab thinkorswim paperMoney vs Webull paperTradeTradingView Paper Trading vs Schwab thinkorswim paperMoneyInteractive Brokers Paper Trading vs Schwab thinkorswim paperMoney
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Sources
- https://www.schwab.com/trading/thinkorswim/paper-trading
- https://www.snappchart.app/blog/beginner-playbook/best-paper-trading-apps
- https://www.schwab.com/trading/thinkorswim/guestpass
- https://pressroom.aboutschwab.com/press-releases/press-release/2024/Schwab-Launches-thinkorswim-Guest-Pass-Offering-a-30-Day-Test-Drive-of-Its-Award-Winning-Trading-Platforms/default.aspx
- https://international.schwab.com/trading/thinkorswim/guestpass
Information only, not financial advice. Simulated results do not predict real results. Features and availability change and vary by country; check the provider's site. Sponsored or affiliate links, if any, are labelled.