Compare APIs of IB and TradeKing

J

jk90029

I heard that the two company (IB and TradeKing) have considerably large volume of API users.

Anyone have used those two APIs together so that one can compare the two?

*********************************************************

Basically API does NOT depend on specific language so that we can use whatever language we want(used to use before), if the language uses COM or DLL
 
jk90029 said:
I heard that the two company (IB and TradeKing) have considerably large volume of API users.

Anyone have used those two APIs together so that one can compare the two?

*********************************************************

Basically API does NOT depend on specific language so that we can use whatever language we want(used to use before), if the language uses COM or DLL
More...

I'm not familiar with those two APIs. I have a manual from Sterling Trader API which is very popular for equity traders.
http://www.sterlingtrader.com/documents/Sterling_ActiveX_API_Guide.pdf

These APIs are good or HF but not Low latency.

1245
 
how can you even compare the two? IB is 3 times longer in business than TradeKing, IB has a very established API user community on their own website and third-party websites, IB offers their API in pretty much every conceivable language either out of the box or customizable through FIX or their tcp socket framework. IB passes on most costs but also revenues, resulting in significantly lower costs of executions when you include all your execution-related cost (not just commission, example, TradeKing charges and arm and a leg for fx executions, slippage I can only guess, and spreads are brutally wide by 2014 standards, IB quotes EUR/USD at 0.1-0.3 spread most times while TradeKing asks for 10-15 times as much. Think about that for a second...please do not compare the two because they run entirely different business models.

jk90029 said:
I heard that the two company (IB and TradeKing) have considerably large volume of API users.

Anyone have used those two APIs together so that one can compare the two?

*********************************************************

Basically API does NOT depend on specific language so that we can use whatever language we want(used to use before), if the language uses COM or DLL
More...
 
To [Volpunter]

Actually I am equity trader with more than 5 years experience. But unfortunately I have never trade or even never open any account in future/option/forex.

For the equity, one charge brokerage for each 100 share and the other charges for number of execution.
 
You must log in or register to reply here.
Back
Top