Best broker for for 35K account for DTing?

[lbhere]

I would be more than happy to assist you and find the right technology for you while keeping fees reasonable for your trading. We have a variety of platforms and FCMS that you can clear through while providing low day trading margins. I hope to hear from you.

Thank you, Matt. I will keep this in mind. I will be making decisions shortly.

 

[lbhere]

If you are looking for the combo of low fees, best execution and low margin rates - Interactive Brokers.

Thank you, eastern_warrior. This was number one on my list. It is nice to get some idea of what others use and appreciate.

 

[lbhere]

Give me a call. We cater to active traders of US Listed Equities, options and futures.

Thank you, Robert. I have seen people from other posts recommend you highly. I appreciate your response. I will be making decisions shortly.

 

[lbhere]

Agree. But I'd add coupling IB with DAS as your front end is the best combo.

If your short biased and like hard to borrow though sort of stocks then IB isn't for you as you can't do Locates. I hear Centerpointiis good for that

Interesting point. I am just now looking into the best route, and it is helpful to know some of the quirks ahead of time. Thank you!

 

[lbhere]

So far I have done all day trading, no swing trading. I am liking IB. I am just starting, only been live trading since May, but I did do a lot of comparison shopping. If you run Linux, then you want IB. TOS is maybe in general a better trading platform than TWS which is IB's platform, but IB is the better of the two brokerages for day traders. JMHO. If you are a WinDOHs guy and would never in a million years be interested in Linux, then you would maybe like LightSpeed better. Both LightSpeed and IB have very reasonable commission structures. LightSpeed probably offers better execution speed though I have had no issues with IB. In no way am I disparaging other brokerages, it is just that there are only a few that I have really looked into, and only one that I have actually used, though I do have a small account at TD Ameritrade just to be able to try and use their platform indefinitely. And TDA and IB are the only two that I am able to use due to universal lack of support for Linux users among the rest.

Well on your way to becoming a guru here! lol. Thank you so much for your helpful reply.

 

[lbhere]

MotiveWave is very stable and user-friendly and good for day trading. We connect to TDAmeritrade, IB, and many other brokers and data service providers.

I'll take a gander. Thank you.

 

[lbhere]

Just did a Google search for 'DTing' but couldn't find a single reference. Did you just create a new universally-accepted acronym?

LOL. In retrospect, I suppose that acronym has been around since man first stepped on a grape! Didn't even notice.

 

[lbhere]

That's coming in our next beta, which should be out in the next 1-2 weeks. Custom hot keys for placing orders and order sizes.

Good to know.

 

[GrowleyMonster]

Well on your way to becoming a guru here! lol. Thank you so much for your helpful reply.

I would rather be a highly successful trader, than a guru. So far, I am neither. Just sharing what little I do know.

 

[MattZ]

Thank you, Matt. I will keep this in mind. I will be making decisions shortly.

I will guide you through technology, execution, and reporting. You will be ok.