Looking for the 2nd direct access broker: I have TradeStation right now

i use IB and TS as my two. i had a third with non-direct access, but decided i couldn't deal with the slippage. i will probably use a firm like genesis as my third.
 
Quote from FutureTrader10:

I wouldn't invest in a company which would deliberately holding customer's money for years. I wouldn't invest in a company I have to post message here to get my money back. I wouldn't invest in a company which behave like a mafia organization, which refuse to return customer's money and apologize it, instead, viciously attack the customer here.
More...

point taken, but you are not giving me any good alternatives. You just complained about IB, what do you use dude...
 
Take a look at thinkorswim. I am considering going back to "investing" and away from trading. I opened a papermoney account, and I like the platform. The commissions are very low as well. No monthlies. Check it out.
 
For direct access equity trading, you might want to look at opening an Assent retail account. Yes, they are the platform used mostly by prop firms, but they also take retail accounts. Solid platform too.

If you want the ability to trade various assets, then IB is the best choice.
 
Quote from TedZhang8:

FutureTrader,

I used both IB and OEC. OEC is a much better deal in commission, cutomer service and software (especially for Windows system). Don't even mention the fund withdraw difficulty with IB. :). OEC uses streaming quotes and sending you every tick. IB only give you snap shot quotes, not every tick. OEC software is .Net based which runs much smooth on Windows system. IB is java based and runs quite clumsy and eats lot of resources on Windows system. OEC's charts are much much better than IB's. What's really important to me is that OEC's trade execution is faster than IB's.

I am not sure if OEC trade stocks or not. I assume you only trade future from your name.
More...
Thank you, Ted!

I was looking for a broker about two years ago --> http://www.elitetrader.com/vb/showthread.php?s=&threadid=66119&perpage=6&pagenumber=1 . Thank you for your post, http://www.elitetrader.com/vb/showthread.php?s=&threadid=65260 , which scared me away from IB. I certainly didn't want that happen to me because I had similar account size with yours. I totally agree with your comparison between IB and OEC. I have chosen OEC like you did and couldn't be happier with it.

I notice you had a half million account when you left IB two years ago. I also notice you have over a million now from this post--> http://www.elitetrader.com/vb/showthread.php?s=&postid=1831633#post1831633 . It seems to me that the switch from IB to OEC has brought you quite bit of fortune.:) Congratulation!
 
Quote from ashatet:

point taken, but you are not giving me any good alternatives. You just complained about IB, what do you use dude...
More...
If you want be a successful trader, you better listen to some veteran trader with over a million dollar account like Ted. If you want be an undercover salesman posing as a trader working on this site, there are plenty of them here you can listen to :)
 
Quote from FutureTrader10:

If you want be a successful trader, you better listen to some veteran trader with over a million dollar account like Ted. If you want be an undercover salesman posing as a trader working on this site, there are plenty of them here you can listen to :)
More...

I am a quant really who has nothing better to do in free time, but to trade from his own account. Not a salesman, but I do not blame you, I can smell some of the suggestions are coming from the sales people...
 
You must log in or register to reply here.
Back
Top