Just look for the reset link in the balances section.Īll of the regular tools can be used in demo mode, which really helps to learn them without any risk. The amount of cash can be reset at any time. Of course, this isn’t real money, but it does deliver a lot of practice. Simulated mode begins with $200,000 of practice money. You’ll know when you’re in practice mode when you see the yellow-orange theme color, which paperMoney will use. This is the name TD Ameritrade gives to its simulated-trading mode. In order to switch it to practice mode, you’ll need to click on the paperMoney® tab in the upper-left corner. This will produce a new tab containing the browser platform.

On the next page, select the link for thinkorswim in web format.

The trading software can be launched by hovering over the Trade tab on the website and clicking on the Trading Platforms link in the drop-down window. It’s a good place for beginners to start. Thinkorswim begins its journey at TD Ameritrade as a browser platform. Simulated trading is unavailable on the company’s website or regular mobile app. TD Ameritrade customers can practice trading with fake money on any of the broker’s thinkorswim platforms (mobile app, desktop program, or browser platform). For the full scoop, read on.Īvailability of Demo Trading at TD Ameritrade TD Ameritrade offers free paper trading on some of its software platforms but not on others. Overview of Paper Trading at TD Ameritrade $0 commissions + satisfaction guarantee at Charles Schwab.

Td ameritrade thinkorswim paper money