Das is $120 a month. I chose Das Trader's platform because it was one I was comfortable with. I have only been with them for 3 weeks (I have only been trading for 3 weeks).I don't know anything about Das TRader. It is likely the smart route is still from IB. I don't think Das Trader adds any lag that you can see. Is it worth paying extra for Das Trader? What does it cost?
You can call both. Can't hurt. I believe that Das Trader will blame IB and IB will read some pre-written card talking about how they offer the best execution in the world.Should I talk to my software provider?
My broker is IB, but my platform is Das Trader
if you are trading in a paper account, your limit or even mkt order will not be filled until an actual trade occurs at your executable price.For example, Stock A has a BID of $20.48 and an ASK of $20.49, and I want to get long.
My order route is set to SMART LIMIT, I click $20.49 and then hit BUY. I can see my order is pending and hasnt been filled, even though the ASK is still $20.49. It takes 2 or 3 seconds to get filled. And even after I got filled, the price was still $20.49.
Is this normal? Shouldnt I be filled immediately if buying at ask?
It is imperative that you are completely familiar with TWS before you use a Front end. This includes order entry, cancellation, modification, order types, configuration, market hours, maintenance periods, contract descriptions, contract expiration's, special labeling, margin & risk policies, How orders/stop's are handled, Data limitations, pacing errors, etc...TWS seems complicated but I suppose I haven't gave it much of a chance. I will play around with TWS some more
whatever, or just understand the difference between paper and realIt is imperative that you are completely familiar with TWS before you use a Front end. This includes order entry, cancellation, modification, order types, configuration, market hours, maintenance periods, contract descriptions, contract expiration's, special labeling, margin & risk policies, How orders/stop's are handled, Data limitations, pacing errors, etc...
It is not a matter of "if", but "when" something catastrophic happens. That is not the time to learn your Brokers primary platform. When the Front end pukes is not the time to get out the manual.
Only one way to learn it and that is by first going through the users guide completely.
https://www.interactivebrokers.com/en/index.php?f=1537