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thinkorswim desktop vs Fidelity Trader+: catalog facts
thinkorswim desktop	Fidelity Trader+
Best for: Active traders with a Charles Schwab account	Best for: Active traders with a Fidelity brokerage account
Free The software is free to download for Schwab clients; trading fees and commissions follow Schwab's pricing.	Free Included at no additional cost for Fidelity brokerage customers.
macOS	macOS, Web
Customizable layouts and analysis tools Covers stocks, options and futures trading All 3 strengths for thinkorswim desktop Customizable layouts and analysis tools Covers stocks, options and futures trading Free with a Schwab account	Real-time quotes and customisable alerts Charting and technical indicators included All 3 strengths for Fidelity Trader+ Real-time quotes and customisable alerts Charting and technical indicators included Workspace syncs across desktop, web and mobile
Requires a Charles Schwab brokerage account Aimed at active traders rather than budgeting	Requires a Fidelity brokerage account Only trades through Fidelity
Downloadable app	Downloadable app, Web application
Not open source	Not open source
License not stated	License not stated
Account needed	Account needed
Needs internet	Needs internet
Official website Full listing and sources Sources for thinkorswim desktop schwab.com/trading/thinkorswim/desktop Catalog checked October 1, 2026	Official website Full listing and sources Sources for Fidelity Trader+ fidelity.com/investing/trading-platforms Catalog checked October 2, 2026

“Not stated” means we have not confirmed it. Features can vary by device and plan.