Best Broker for Automated Trading

For autotrading, the TECHNICAL RELIABILITY of the following broker's technology is:

  • Interactive Brokers (100% reliable)

    Votes: 3 9.1%
  • Interactive Brokers (Very reliable)

    Votes: 7 21.2%
  • Interactive Brokers (Reliability is OK)

    Votes: 11 33.3%
  • Interactive Brokers (Downright shitty)

    Votes: 0 0.0%
  • MB Trading (100% reliable)

    Votes: 1 3.0%
  • MB Trading (Very reliable)

    Votes: 0 0.0%
  • MB Trading (Reliability is OK)

    Votes: 0 0.0%
  • MB Trading (Downright shitty)

    Votes: 1 3.0%
  • Patsystems (100% reliable)

    Votes: 0 0.0%
  • Patsystems (Very reliable)

    Votes: 0 0.0%
  • Patsystems (Reliability is OK)

    Votes: 0 0.0%
  • Patsystems (Downright shitty)

    Votes: 0 0.0%
  • PFG (Peregrine Financial) (100% reliable)

    Votes: 0 0.0%
  • PFG (Peregrine Financial) (Very reliable)

    Votes: 0 0.0%
  • PFG (Peregrine Financial) (Reliability is OK)

    Votes: 0 0.0%
  • PFG (Peregrine Financial) (Downright shitty)

    Votes: 0 0.0%
  • TD Ameritrade (100% reliable)

    Votes: 0 0.0%
  • TD Ameritrade (Very reliable)

    Votes: 0 0.0%
  • TD Ameritrade (Reliability is OK)

    Votes: 0 0.0%
  • TD Ameritrade (Downright shitty)

    Votes: 0 0.0%
  • Trading Technologies (100% reliable)

    Votes: 1 3.0%
  • Trading Technologies (Very reliable)

    Votes: 3 9.1%
  • Trading Technologies (Reliability is OK)

    Votes: 0 0.0%
  • Trading Technologies (Downright shitty)

    Votes: 1 3.0%
  • Vision Financial Markets (100% reliable)

    Votes: 2 6.1%
  • Vision Financial Markets (Very reliable)

    Votes: 0 0.0%
  • Vision Financial Markets (Reliability is OK)

    Votes: 0 0.0%
  • Vision Financial Markets (Downright shitty)

    Votes: 0 0.0%
  • Zen-Fire (100% reliable)

    Votes: 1 3.0%
  • Zen-Fire (Very reliable)

    Votes: 2 6.1%
  • Zen-Fire (Reliability is OK)

    Votes: 0 0.0%
  • Zen-Fire (Downright shitty)

    Votes: 0 0.0%

  • Total voters
    33
  • Poll closed .
Quote from abattia:

Heech,

Apologies for not picking up on this earlier, but could you please provide some more detail on the "event handling quirks" of TDA?

Also, as you didn't mention daily server reboots with TDA, am I right in assuming this wasn't a problem?

Many thanks
abattia
I don't remember any daily server reboots, so I assume that's not a problem.

As far as event handling quirks... keep in mind the last time I traded with TDA was about 15 months, and I don't know how many versions ago! You should check in with NinjaTrader for the latest.

I don't even remember the specifics of what the issue was... since I also had some problems with IB. But it was something along the lines of:

- OnExecution() might not be called to show partial fills...
- or may be called out of order versus OnOrderUpdate() showing order completion.

Again, I honestly don't remember the details. Please check with Ninja.
 
Many thanks!

BTW, here's where I've got to in following through on the very helpful info you provided earlier ...

ZEN-FIRE, and VISION FINANCIAL MARKETS: were both quick in responding to my info request, but neither presently handle equities with Ninja.

IB, TDA and TT: I have yet to hear back from them
 
Quote from endsongs:

You forgot Tradestation in your list.

endsongs,

Elsewhere on ET, I can see you rated TD Ameritrade favorably for autotrading.

Were you using NinjaTrader with TDA?

If so, was your trading affected by daily shut downs?

What are the "5 or 6 minor features Strategy desk needs to be perfect"?

Thanks!
 
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