Can you recommend a streamlined broker?

A

autowealth

I have coded a black box and done tons o' testing.
Now, I'm ready to do some paper trading & use $.

I'm completely new to the logistics of connecting to a
broker. In the past, I logged into the broker account &
parsed the site for data and executed trades. Now I'd
like to upgrade by using the FIX protocol.

I am hoping this solution exists:

black box <-> FIX 4.0 <-> broker

01. I only need to trade equities (not even options).
02. I don't need ultra fast speed it in this case.
03. I can afford to pay high transaction fees ($10).
04. I want to be able to deposit $4K (not $10 - $30K).
05. I don't want to use a GUI or download software.
06. I do not use Windows at all. Only Linux.
07. I strongly prefer open source code (like phix).
08. I don't need any more extra 'tools or features'.
09. I'd prefer not to use java, C++, C# software.
10. I have all of the features I need coded already.
11. I only want quotes & to trade 4 - 6 times daily.
12. I'd rather parse the broker than use a $1K API.
13. I'll need a demo account to test connectivity.

The 'net is cluttered with lots of expensive systems
that have lots of features that I do not need. I spent
some hours searching for a straightforward broker &
have failed to find a streamlined solution.

At best, I'm seeing:
black box <-> FIX <-> special API + data server <-> broker

Why isn't FIX able to be the sole connectivity solution?
Is it a fantasy to think I can just use FIX 4.0 for years?

:confused:

Can anyone recommend a suitable broker?
 
Quote from chrisjs87:

E-Trade obviously.
More...


I had looked at ETrade before, but I did not find this:

"E*TRADE Capital Markets can currently accept orders from either our front end application (either through a dedicated circuit or the Internet), FIX protocol (various versions supported) or a variety of third party vendor applications."

https://capitalmarkets.etrade.com/e/t/capitalmarkets/faqs


When I talked to the rep (6:55AM Sunday morning CST),
1. First he said it wasn't possible.
2. Next, he claimed that I could only use it to trade CD's, Bonds,
3. I showed him the link that showed what could be traded.
4. After I directed him to the link above, he said "that's only for institutional investors"
5. I ask him to 'please show me what the requirements are to use the FIX protocol"
6. He could not. Instead, he gave me a number for institutional investors.

His claim is that individual investors cannot use the FIX protocol.
I suspect that it IS possible for an individual to use FIX, but their
customer service guy didn't even know what FIX is.

I found this:
"Electronic Trading . . .. . .
Our clients include over 1000 hedge funds, fund managers, private wealth managers and broker dealers."
https://capitalmarkets.etrade.com/e/t/capitalmarkets/electrading

That implies that FIX is only for institutional investors, except that "their clients also include individual investors" ;)


Question:
Are any 'individual investor' here using the FIX protocol to trade stocks with E-Trade?
 
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