Quote from aPismoClam:
IB apparently has their marketing angle covered by employing shills to beat their tom-toms on trading message boards.
From the moment I first encountered those morons years ago until this very day I still say they're a whorehouse.
I tooled up a market-making application on their API last year and watched how some bot internally screwed with my markets (the quotes weren't shown to the public, as it was a "Trading Olympiad") in order to force unwanted fills.
Not only are they paper thin and as frail as a potato chip, they're two-bit hustlers as well.
Quote from aeliodon:
I experienced NUMEROUS failures of stop market orders to execute using booktrader today.
Quote from BSAM:
Long as I've been around here, it never ceases to amaze me how some want to come on here and try to slam IB. Yet, they almost never say what firm is overall better to trade through. Give me a break! If you've got the time to slam IB, surely you have the extra few seconds to tell us who is better.
Quote from Jayford:
Just out of curiosity, do you trade equities? I only trade futures, and never have any problems with booktrader and stops. The only time I have had problems with stops is trading after hours. I didn't have TWS setup to accept after hours stops. I blamed IB for this because someone should have told me I needed to do this, but it wasn't a weakness with the software or execution.
Just curious as IB has been great for me, and I've been with them for about a decade. Also, I only use the stand alone version and rarely upgrade.
Quote from Jayford:
Just out of curiosity, do you trade equities? I only trade futures, and never have any problems with booktrader and stops. The only time I have had problems with stops is trading after hours. I didn't have TWS setup to accept after hours stops. I blamed IB for this because someone should have told me I needed to do this, but it wasn't a weakness with the software or execution.
Just curious as IB has been great for me, and I've been with them for about a decade. Also, I only use the stand alone version and rarely upgrade.
with $20K ?Quote from Decel:
The best my ass.
I've been trading with IB for over a month.
This morning (6.20am) I had an execution go from out of nowhere. My computer wasn't even on (I was set up to go to work). Nothing margin related, as I had only 2 ES contracts on 20K+.
Now this evening I had a limit order set up, and *joy* 1 minute later it triggered when the ES was 5 points away from my target.
Both cases resulted in minor losses (roughly 100 bucks each), but WTH is up with their system??
Now I'm affraid to even set up orders...