Thanks a lot. That's exactly what I needed. Didn't know what to search for to find relevant information in google. Searching for direct access broker finds the results I wanted to find.
Sure, that's exactly what I want to find out. The problem is easy. There is an algo that makes many trades for small profits in backtests. The objective is to:
1- make sure the execution of the trades is as close to the backtests as possible.
2- minimize the cost of high number of trades.
Any...
algofy, can you link a few brokers? obviously I need a fast API with minimum spread. I'm trying to search for it in google but the only thing that I get is garbage ADs.
scataphagos, thanks for the reply. It makes sense.
I also have a question. I have heard that IB has one of the cheapest commissions. If you have an algo that makes lots of trades, even that $0.005 per share commission adds up and makes a big amount. Are there brokers that charge you a fixed...