I am curious if anyone here has had success with SpeedTrader's Platform? When I was trading with them I was having better luck with little Just2Trade and their commission rates while using Esignal as a back-up data supplier.
How did Speed-Trader go from being one of the lowest cost Brokerages to charging what the Professionals at IB, Trade Station and Light Speed Charge? I liked this Broker until they perpetually started raising their commissions and data feeds (It felt like month after month). Do you use Speed Trader and did you get them to give you the same rate as Just2Trade (Your paying for your Data Feeds, why can't they match it?).
I am not bashing Speed Trader, I think they have great potential if they returned to their roots instead of charging the same price for Elite Platforms (Light Speed, IB, Trade Station ect...). I hope Tradier works out for me, my account with Options House is now live, will let you know how their operate. I have access to crisp data, we shall see.
I average 30 to 250 contracts each trade, some days I am hitting (2000 contracts on small options), the price structure shall be interesting to see if Options House is able to save me enough to buy additional data and newsletters. I posted examples, if you have gotten a better price rate from Speed Trader please let me know, I would think of opening a account again if their platform got fixed.
OptionsHouse Speed Trader
50 contracts is $16.45 versus $4.49 + $.50 is $29.95
200 $38.95 versus $104.95
Their data is decent when it works, it runs over $300 for Stock and Option plus Pink Sheets.
*Waived for clients who generate commissions of $499 that month. "
How did Speed-Trader go from being one of the lowest cost Brokerages to charging what the Professionals at IB, Trade Station and Light Speed Charge? I liked this Broker until they perpetually started raising their commissions and data feeds (It felt like month after month). Do you use Speed Trader and did you get them to give you the same rate as Just2Trade (Your paying for your Data Feeds, why can't they match it?).
I am not bashing Speed Trader, I think they have great potential if they returned to their roots instead of charging the same price for Elite Platforms (Light Speed, IB, Trade Station ect...). I hope Tradier works out for me, my account with Options House is now live, will let you know how their operate. I have access to crisp data, we shall see.
I average 30 to 250 contracts each trade, some days I am hitting (2000 contracts on small options), the price structure shall be interesting to see if Options House is able to save me enough to buy additional data and newsletters. I posted examples, if you have gotten a better price rate from Speed Trader please let me know, I would think of opening a account again if their platform got fixed.
OptionsHouse Speed Trader
50 contracts is $16.45 versus $4.49 + $.50 is $29.95
200 $38.95 versus $104.95
Their data is decent when it works, it runs over $300 for Stock and Option plus Pink Sheets.
*Waived for clients who generate commissions of $499 that month. "