Bookmap Review

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In this Bookmap review, we’ll cover Bookmap volume, custom indicators, getting started, pricing, learning tools, ThinkorSwim integration, and competitors. Have you heard of the Bookmap platform? Have you ever wished you had a tool that could help you see order flow in a new way? You’re in luck. More than anything else, successful trading in the stock market is understanding where buyers and sellers are active in your underlying security.

All indicators ultimately try to give insight into who is in control – bulls or bears – by combining price action, volume, and math. There are many trading styles, but most need at least one or two indicators to help with decision-making or risk management.

Table of Contents

Bookmap Introduction

The problem with most indicators is that they are backward-looking; few indicators can show market changes as they occur. Bookmap is an incredibly powerful tool to visualize real-time liquidity zones in the market to help you make better buying and selling decisions in your trading – and it works for stocks, futures, and crypto!

Bookmap, developed by high-frequency/algorithmic traders, is a platform that “accurately shows the entire market liquidity and trading activities.”

They aim to help you “Identify market trends and hidden price patterns with high precision.” OK, that’s quite a mouthful. Let’s get into what all that means a little deeper.

They break its features into three sections. The first is “heatmap.” The second is volume. And the third feature is custom indicators.

The Bookmap heatmap shows each price level’s historical limit order book and colors them to visualize support and resistance areas quickly.

The darker the color, the more orders are at the corresponding price (and the colors are even customizable!)

A day trader can use this information to get earlier entries on their trades and increase their profitability per trade.

Bookmap Volume

The next feature is Bookmap volume. The book platform has volume bars at the bottom of the chart and “volume dots.” This is instead of candles on the chart. The dots help visualize two key pieces of information. First, the dot will show the proportion of buy orders at the ask (in green) vs the number of sell orders at the bid (in red).

This shows who is more in control, the bulls trying to increase prices. Or are the bears trying to push it down? Secondly, the size of the dot corresponds to the relative volume.

This will allow a trader to quickly see changes in market volume, which often means an opportunity for a trade.

Custom Indicators

The third feature is custom indicators created by developers, whose expertise is in high-frequency trading or HFT. These indicators include the Imbalance Indicator, Iceberg Detector, Large Lot Tracker, Advanced Volume Delta, and more. You can learn about these custom indicators within the learning resources on Bookmap’s website – read on for more on their learning tools.

There are a couple of competitive indicators, but Bookmap is considered the Rolls-Royce of market depth indicators. Bookmap is very customizable, which is one of its major advantages over others. Trade Labs has a set of indicators that somewhat emulate Bookmap, and NinjaTrader has a market depth indicator, although not nearly as robust.

Getting Started With Bookmap

I want to point out in our Bookmap review what it is not. It’s not a broker, nor is it a data feed. Many brokers work with them for futures and cryptocurrencies. The only two brokers for trading stocks are TradeStation and Interactive Brokers. If you already have a data service with one of these brokers, you can use it in Bookmap.

If not, Bookmap suggests dxFeed, which has plans for stocks up to $119/month and futures up to $179/month.

Bookmap Pros & Cons

Visualizing market depth and order flow
Fast connection times
A lot of educational resources
Real-time market data
There is a free plan available for exploration
Connect software with other brokers

No mobile app
The Global Plus plan is expensive
Limitation with broker integration
High learning curve

Bookmap Pricing 2025

Plan	Monthly Pricing	Annual Pricing	Lifetime License
Digital Plus	$19 per month	$192 annually	N/A
Global	$49 per month	$468 annually	$990
Global Plus	$99 per month	$948 annually	$1990

Visit Bookmap’s website for updated pricing here. (Updated 9/9/25)

Learning Tools

Bookmap also offers some good learning opportunities. First, a free daily training session shows the platform’s key features, how to customize your screen, and some basic information on order flow.

This session is available Monday through Friday from 10:30 to 11 am EST. Paid members (Global and Global+ users) can access four lessons on market mechanics/order flow, market structure, and how to use their custom indicators.

Additionally, paid members have their daily live trading session from 10:30 – 11 am EST. It’s always great to watch experienced traders.

Integration With ThinkorSwim

Great news for all you ThinkorSwim users! TD partnered with Bookmap to offer it directly within their platform. You’ll need to contact TOS support to have it turned on. There is a trial with three symbols that rotate periodically (an example would be /ES, AMZN, and COIN), or spring for full support and get every available symbol for $39.99 a month. That’s the same price as the global subscription, but it doesn’t require additional data feeds, which makes it a more competitive way to use Bookmap. That is a smart move by TD Ameritrade. As of April 2021, Canadian residents cannot access this deal.

Bookmap Competitors

The Bullish Bears have independently researched some of Bookmap’s main competitors. You’ll be able to learn more about these companies below.

NinjaTrader
Jigsaw Trading
Sierra Chart

Bookmap Customer Reviews

Bookmap has 540 customer reviews on Trustpilot with a 4.6 TrustScore (Excellent).

Final Thoughts

Bookmap isn’t an indicator for brand-new traders. You should master chart patterns and candlesticks before getting into software like this. However, for a trader with some experience under their belt, Bookmap is a powerful tool that can help you see breakouts and reversals before they happen by visualizing and analyzing the orders coming into the market.

The stock market is a battle of the bulls and the bears, and trading is all about going along with the ones in control. Bookmap is a tool that can help you be on the right side of the market.

We may receive commissions on purchases made from links in this article. Our editors independently researched the information in this Bookmap review.

Frequently Asked Questions

What is Bookmap used for?

Bookmap is a real-time order book data tool that shows a dynamic heatmap chart overlay. It shows institutional order flow and areas of liquidity.

Is there a free version of Bookmap?

There is a free version of Bookmap; however, there is no real-time data to view. The data is recorded, but the ticker buttons aren’t active.

What is better than Bookmap?

Alternatives to Bookmap include:

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