option approval levels-TOS

Discussion in 'Retail Brokers' started by jmhunter, Feb 27, 2011.

  1. jmhunter


    I emailed thinkorswim to find out what my approved level was.. and they said this

    " Thank you for the email. Clients will be authorized to trade options after being reviewed based on experience and financial background among other criteria. As long as you are approved by thinkorswim, you can trade any strategy supported by thinkorswim. We do not have trading levels. We believe all customers should have the same trading opportunities. You can see what options order types are supported by thinkorswim:


    I read that as they dont have option trading levels, 1, 2, 3, 4? Any advice?
  2. akeserla


    Yeah, that is the best part.. no need to negotiate with CS about levels.. you can perform any kind of exotic trade
  3. One of the many reasons that I am an enthusiastic thinkorswim customer.