Non-pro vs Professional data fees

[Daal]

open a TD ameritrade account, deposit $100. Get TOS and data for free, use IB to execute orders

 

[Humble Investor]

open a TD ameritrade account, deposit $100. Get TOS and data for free, use IB to execute orders

Good idea

 

[Robert Morse]

Good idea

This will depend on your software and your activity level. If your software requires live trade to enter trades like ours, this won't work. If you are active, not knowing the current market, especially for options, can cost you more than the data feeds.

 

[Humble Investor]

This will depend on your software and your activity level. If your software requires live trade to enter trades like ours, this won't work. If you are active, not knowing the current market, especially for options, can cost you more than the data feeds.

Thanks Robert. IB doesn't require data subscription, I can trade on delayed data. I just checked out TD, they offer free live data for stocks and options. They also offer free level II data which I don't even need.

 

[Humble Investor]

I contacted TD(TOS) and Fidelity today and they told me they don't open account for non-residents. SCHW wants minimum of $25k. I think I'll either pay the pro fees or I'll just keep my individual account for data.

 

[Daal]

I'm a non-resident and I got a account at TDameritrade

 

[Humble Investor]

I'm a non-resident and I got a account at TDameritrade

Wow, I am going to contact them again now, Thanks a lot. if you don't mind me asking, Is your account with TD Ameritrade US or the Luxembourg branch?

 

[Humble Investor]

So I just talked to them again. They accept non residents but not UK residents. Unlucky

 

[Robert Morse]

We take UK accounts but not just for MD.

Bob

 

[Humble Investor]

We take UK accounts but not just for MD.

Bob

Thank you Bob. I only need an account for MD at this time.