Compare
thinkorswim OnDemand vs NQ Replay
OnDemand is a great feature inside Schwab's thinkorswim desktop platform. NQ Replay is the free, browser-first alternative for traders who just want to drill NQ / MNQ setups with ICT overlays already drawn.
Side-by-side comparison
| Feature | NQ Replay | OnDemand |
|---|---|---|
| Free, no account | Yes | No |
| Runs in browser (iPad OK) | Yes | No |
| 1-minute NQ history | 10+ years | Multi-year |
| Auto ICT overlays | Yes | thinkScript required |
| $50K challenge mode | Yes | No |
| Full options / futures chain trading | No | Yes |
Frequently asked
Do I need a Schwab / TD account to use OnDemand?
Yes — thinkorswim (and OnDemand) require a Schwab brokerage account and the desktop install. NQ Replay is browser-based and needs no account to start replaying.
Does OnDemand cover futures?
Yes, including /NQ and /MNQ. It's a well-regarded feature. If you already have a Schwab account and love thinkorswim's platform, OnDemand is a strong choice. NQ Replay is the fast, free option when you just want to rehearse setups.
Which is better for ICT traders?
NQ Replay draws Killzones, Fair Value Gaps, Order Blocks and PDH/PDL automatically. OnDemand relies on third-party thinkScript studies for the same overlays.
Can I run OnDemand on iPad?
No — thinkorswim desktop is Windows/macOS only. NQ Replay runs in iPad Safari with touch drag on SL/TP.