UPDATE 10/12/16 – The thinkorswim Challenge officially kicked off yesterday with a record 726 teams from 233 schools across 49 states.

TD Ameritrade (Read our review) has formally kicked off registration for the 2016 thinkorswim Challenge at Registration will remain open until Wednesday, September 28th, 2016.

From the website:

You learn about financial theories in the classroom. You read about trading strategies in your textbooks. Now, it’s time to put what you know into action as part of the thinkorswim Challenge. Go head-to-head with competing teams of students from colleges and universities around the country for a chance to win great prizes, including up to $4,000 deposited in a TD Ameritrade brokerage account, up to $30,000 for your school, iPads, and Gift Cards.*

Students from Universities across the US form teams, register, than compete in a four-week trading competition, running October 10th to November 5th. Each team starts with $500,000 in virtual currency and can trade stocks, options, as well as ETFs using the TD Ameritrade thinkorswim platform.

The team with the highest return at the end of the competition takes the crown alongside a variety of prizes. Here’s the full list.

We’ve been watching the thinkorswim Challenge since its inauguration and its fun to see the competition continue to grow each year.

Know a college student? Send them over to and get them involved in the markets.