TC2000 Review

Last Updated: Feb 01, 2023

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This TC2000 Review will show you how to use TC2000 as a cost-efficient trading tool. I will explain the TC2000 chart analysis software in detail, provide helpful tips and insights for this trading platform.

TC2000 Review

Table of Contents

About TC2000

The TC2000 platform is available as a downloadable analysis tool, runs as an app on mobile devices and can be used via browsers like Chrome, Firefox and Microsoft Edge.

The brand new award-winning TC2000 version 20 by Worden Brothers Inc. introduced new features like historical condition testing, new scan timeframes, and synched charts in addition to the comprehensive software features.

TC2000 is one of the most popular charting platforms and analysis tools for stocks and options. The EasyScan screener scans thousands of stocks in seconds on low latency servers. Beginners can use TC2000 for unlimited practice at no risk by using the fully functional trading simulator.

Another standout feature is the integrated journaling functionality. Finally, Worden Brothers TC2000 has been voted as a top trading platform by various sites like the Stocks Commodities Magazine and Warrior Trading.

Features

Now let’s get started with the TC2000 review by looking at the exact features the software provides.

TC2000 User Interface

The Technical Analysis of Stock & Commodities magazine asked their readers to vote for their “favorite standalone analytical software for $500 and less” during the 2019 Readers’ Choice Awards. TC2000 won again in this category. One of the main benefits is the excellent and easy-to-understand UI.

The software comes with a familiar user interface. You can arrange every available segment, such as:

Charts
Watchlists
Market Scanners
Notes and News
Reports
Alerts
Real Time Data (incl. Options Chains)
Trade Executions (live & simulated trading) via TC2000 Trading Platform

Just choose the segment of your choice:

Now hit the cross symbol in the top right corner. For example, when you open a new chart:

Now choose where the new element should be placed. This can be above, below or beside an existing element. Thus, you can effectively use the software for day trading and swing trading.

Organize Elements Using Tabs

One of the most practical features is the possibility to work with tabs, just like in a regular internet browser. Moreover, these tabs can be fed with entirely different markets, such as one tab showing stocks, another for options, or for different time frames, or watchlist only scans, etc.

This gives a precise overview of different markets without producing an overload of charts on one screen.

When it comes to overviewing markets on a single screen, many software programs and many traders struggle to keep the interface clean. Different tabs for sorting all necessary information is a great idea and has become market standard for a good reason.

For beginner traders, an appropriate starting point is to use one of the default templates, which can then be customized step by step.

TC2000 Review: Charts

TC2000 guides users through the different steps of setting up the charts as needed. It only requires a bit of time until all the features are clearly understood. TC2000 has done their homework here, building up the software absolutely logically.

TC2000 charts include the basic charting types such as OLHC Bars, CandleSticks and Line Charts, HLC Bars, Bar Charts, Area charts, and even Heiken-Ashi charting. Make use of the Chart Properties / Plot Style options to change it accordingly.

You can edit plots, set different colors, adjust the scaling, choose the time frame and much more by simply following the sub-menus within the settings window.

You can also journal your trades by writing personal notes attached to your charts. Charts are automatically saved together with your notes for a quick reference in the future.

What Drawing Tools Are Available At tc2000 Gold?

Besides the standard drawing tools (Fibonacci, VWAP, Gann), other drawing tools are available within TC2000 gold. No useless features, no innovative and flashy distractions. Every drawing tool you would need for accomplishing a Technical Analysis is available.

The TC2000 Watch Lists

Sorting the financial markets of your choice is easy with TC2000 software. Use one of the most commonly used watchlists from the Quick Lists or one of the pre-configured watch lists. Of course, you can add favorable instruments like stocks to a watch list, or you can create watch lists from scratch.

Once you have set up your watchlist, you can add a plethora of different columns to sort and reorganize the TC2000 watchlist. Columns can be your own formulas or existing variables like technical indicators, formulas, P&L tracking, options and much more. Now, let’s proceed with the TC2000 review by having a closer look at the integrated stock screener called EasyScan.

TC2000 EasyScan Dashboard

As the name suggests, EasyScan® is a stock screener / stock scanner where you can scan the market with one of the pre-configured scans like “Gap up with momentum,” “Bounce after pullback,” or RSI crossing up through 30. Alternatively, custom scans can be created. To do so, follow the instructions:

From here, you can write your own formulas, use fundamentals, indicators or condition sets, alone or in combination.

Please be aware that using the EasyScan Dashboard requires a more knowledgeable understanding of the financial markets. Writing a formula is not that easy. That’s why for day trading beginners, the pre-configured EasyScan® windows are a great starting point.

Notes, News, Reports, Alerts, and the Library

Besides the charts, the watchlist, and EasyScan stock screening, there are other outstanding features available. Just give it a try yourself. They are self-explanatory, from TC2000 notes, news, reports, and alerts to the library and the trade management windows.

Real Time Data Feeds

Stock exchanges require clients to pay for real time market data. Some brokerage firms cover such costs for their active traders but subscribe to charting platforms and trading software tools have to pay those data feeds on the own most often. This is similar to TC2000 and the real time market data costs:

Realtime U.S. Stock Data: $14.99 per month
Real-time U.S. Options: $9.99 per month
Realtime U.S. Index Data: $9.99 per month

To trade stocks, it usually is sufficient to subscribe to the real time stock data only. It provides the data points and real real time prices needed to trade efficiently.

TC2000 Trading Platform

TC2000 also acts as an introducing brokerage firm, is registered with the Securities and Exchange Commission as a broker dealer and member of SIPC and FINRA. Trading stocks cost $4.95 per trade and options $2.95 per trade plus $0.65 per contract. The brokerage services are handled in cooperation with Interactive Brokers. However, you do not have to open an account to use the TC2000 software. Opening an account with TC2000 is entirely optional.

However, while paper trading is possible without an active TC2000 brokerage account, LIVE trading with the TC2000 internal order instruments requires an active TC2000 brokerage account. Therefore, only this combination enables you to trade with the integrated live trading module.

This might sound disappointing at first, but this is an industry-standard and not a real downside. Only a few tools on the market allow trading in combination with external brokerage accounts and then most times combined with higher fees than TC2000 has. But again, you do not need a live trading account from the beginning. Practice first, then move further step by step.

Click Here: TC2000 $25 Discount and Pricing

Plans | Costs | Pricing

Currently, there are three different pricing options available. The Silver subscription provides access to the customizable layouts of charts, watchlists, and notes and is priced at $9.99 a month. The Gold version costs $29.99 per month and provides access to all essential features, while the Platinum version grants access to all functionalities, including historical testing and up to 1,000 tracked alerts.

Since there is a considerable difference in pricing between the Platinum, Silver, and Gold versions, users should look at all the features before subscribing. However, for all those who don’t consider trading at least a part-time business, the Gold version should do nicely.

Here are the costs per month depending on the billing cycle:

Billing Cylcle	Silver	Gold	Platinum
Monthly	$9.99	$29.99	$89.98
Annually	$8.32	$24.99	$74.98
Bi-Annually	$7.49	$22.49	$67.49

Free Trial | Promo Code

Users who sign up to TC2000 using our links receive a $25 discount on their first TC2000 subscription.

What Platform to use?

The TC2000 software can be used as a desktop platform, app and browser-based version. Day trading makes only sense when using the most stable version, the desktop platform, while a swing trader or less frequently trading stock trader can use the browser and app-based version too. The user-friendly paper trading module should be used to practice trading.

Alternatives to TC2000

Before we get to the TC2000 review summary, let’s talk about alternatives to the TC2000 software. eSignal and NinjaTrader also provide trading tools focused on charting with additional stock screening and API modules for order executions.

On the other hand, day traders will enjoy the artificial intelligence based trading strategy evaluation from Trade Ideas A.I. Pro with automated trading and strategy execution. Click here to check the current Trade Ideas A.I. Pro offers and free services.

Summary TC2000 Review

Worden Brothers Inc. provides its clients a self-explanatory charting software tool. TC2000 is suitable for day traders and investors with a tight budget having the main focus on a rock-solid charting tool and the intention to trade stocks and options in real time.

The charting software comes with an extensive set of functionalities and features. The pricing is fair, especially with the Silver and Gold plans being cost efficient. In addition, TC2000 offers a 30-day money-back guarantee.

Furthermore, new subscribers get a discount of $25 Off on their first subscription by using our links, and in addition, annual subscribers get 2 months for free (10 months paid + 2 months free)

The major benefit for beginners is the integrated paper trading account. Investors can practice day in and day out without risk. Please note that you need a real time market data subscription to make the simulated trading as realistic as possible. Using the TC2000 Silver package ($9.99/mo.), along with the minimum data feed subscription ($14.99/mo.), is an affordable package worth investing in for beginners.

Another great TC2000 benefit is the integrated trading module. With the trading module, it is easy to trade right from the charts or with the integrated order ticket system.

Investors looking for a high performance charting tool with basic drawing tools and a fair price tag should give TC2000 a try. For any remaining questions, you can contact customer support via email and phone.

Pros

Cost efficient pricing structure
Fast trading software
Browser and application-based tool
Free paper trading module
Integrated order system (e.g., deal through chart)
30-day money-back guarantee
Excellent documentation on TC2000 help site

Cons

Automated trading not possible at the moment
Coding knowledge needed to create custom market scans

Best for?

TC2000 is an excellent stock screener and charting tool with real-time market data and powerful functionalities. The charting software is best for technical analysis and customizable market scans. The integrated paper trading account is easy to use and user friendly.