Quote from joe4422:
Here's my experience with esignal in general = good, but always confusing.
Seriously, you have to study the pricing plan for weeks before it makes sense, and then it always creates more questions that it answers. I thought on demand had a 15 minute delay.
My experience with eSignal is the same as yours: Useable, but confusing. And overpriced.
Why is it confusing? I don't know. Probably they're just as much confused as we are. They don't seem to realize that whenever we're confused, the confused mind always says 'no'.
eSignal is just a middleman that makes things look complex and pricey by packaging and re-packaging three items: 1 ) Market data (which is a 3rd party service, not a product), 2 ) The charting software (which is a product, not a service), and 3 ) Exchange fees and taxes (which are not products but 3rd party services).
Yes, thanks to eSignal, we have no choice but study their pricing plan for many weeks before it makes sense to us. And yes, even then, it always creates more questions that it answers. For example, I thought the so called and confusing "On-demand" product -- which is mostly an intangible service, not a product -- had a one-minute delay.
Why should anyone pay eSignal $45 per month, every month? On the surface, this $45 per month price does not appear to be unreasonable for that product. -- And yes, they did the right thing when they waived the "exchange fee", because had they included the "exchange fee", they would've priced themselves out of the market!
However...
1 ) When you've got one or more brokers that give you free (or free after 10 trades) streaming, real-time market data directly from the CME, then the price of eSignal is definitely WAY TOO MUCH!
2 ) When you've got access to other (free) charting software that is just as good as eSignal's, then the price of eSignal is definitely WAY TOO MUCH!
3 ) And when you've got one or more brokers that waive any "exchange fees" imposed by the CME and all other exchanges, then the price of eSignal is definitely WAY TOO MUCH!
I hope this helps.
P.S.: They use this thread to push their products which they sell by announcing them here. In other words, they spam here, too. Just to answer my questions? Really? I didn't have a question! Really.