Dont like IB platform. Help.

Quote from 1Reason:

IB IMHO doesn't do a good job explaining the 10 million things TWS does. You also might as well forget about asking customer service as they don't seem to know either.( I thought you may want to know that before you sign up)

Yes, in the book trader you can change the number of shares. you can type it in or you can click the amount and different amounts will appear that you can click on. aside from not being able to scrawl up or down as much as I want without limit it seems to work better (for me anyway) than the third party tools.

One other point is you can direct the orders to a marketplace. for example NYSE stocks to ARCA etc.... (while you may with the third party tools that connect via API IB charges an API fee if you don't use SMART routing)
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http://individuals.interactivebrokers.com/en/general/education/webinars.php?ib_entity=llc

http://www.interactivebrokers.com/en/general/education/priorWebinars.php?ib_entity=llc
 
Quote from chud:

I haven't seen any software that's especially good for trading stocks with IB, especially if you like to trade with hotkeys. ZLT, Button, Ninja all seem to be oriented more toward futures markets.

I think there's a great need for somebody to offer a Hydra/Hammer/Lightspeed type frontend for IB.
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Cybertrader's platform including Level II was the closest to perfection any trader could ask for. Probably no longer after their integration with Schwab.
 
Quote from akeyla:

Cybertrader's platform including Level II was the closest to perfection any trader could ask for. Probably no longer after their integration with Schwab.
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mbtrading is pretty good too and fast but they dont have charts
 
I looked into CyberTrader. Their commission is $9.95 per trade!
Way, way too much for me. I currently pay only .01 cent per share with MB trading and have recently opened an account with Interavtive Brokers which is only .005 Cent per share. So if I trade 300 shares in and out, It only cost me $1.50 total.
Compared to $19.90 with Cybertrader. This is a no brainer no matter what the platform.
 
Quote from Laguna:

.....and have recently opened an account with Interavtive Brokers which is only .005 Cent per share. So if I trade 300 shares in and out, It only cost me $1.50 total......
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Hmm.....I think you might want to check that math.
 

The FutureTrade platform complements IB’s facilities and accordingly, when the two platforms are fully integrated, all facilities of both platforms will be available to all customers,” Peterffy said.


This is very interesting
 
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