Velocity Futures and free Xtrader. How many of you pay the price without the Volume

[ElectricSavant]

Just Curious...

Is Xtrader really worth it? Is it so much better than Pat's, Ninja, Button Trader...etc?

It's like $5.75 RT for the ES right? Ok you can pay $500.00 mo and get reduced commissions but this thread is not for you guys.

I guess its according to your style of trading right? Do you scalpers pay this?

Does the increased reliability and better executions pay for itself? Where do you consider your Breakeven Point?


Michael B.

 

[Nana Trader]

I think "No". I remeber Def from IB said it might be
hundred milliseconds or 1/10 of second faster, if
you are not trading hundred of times a day and
it's not automated, then you don't need it.

You also have to check with that cost of $5.7, how
many exchanges are included, i think that's for one
exchange only (cover the cost for CME exchange only)
, so it you want simultaneously to trade CBOT, NYmex,
Eurox,..........etc, you have to pay another $250 for
each exchange

 

[H2O]

If you don't trade much, you probably work longer term positions. This will give you the choice to work with stop orders (Exchange based) so you are protected in case of system failures.

If you trade more volume, the lower commissions will make it worth changing...