That is not correct. DDT has broke down EVERY cost separately on his site. Since you can choose what platform to use he puts the platform fees separately. Are you saying that your quotes from optimus are Ninjatrader license included for live trading ? I didn't think so, so your quotes are not the price all in. Correct me if I'm wrong.
DDT offers the cheapest and most transparent honest price quotes out there. In our business, it's unacceptable to pay more if you can get the same or better quality and service at another. Every trader should make his own math, but it's very obvious that you have a financial edge by selecting the cheapest commissions with the best infrastructure.
I predict that more expensive brokers will go out of business soon. They will lose many customers and won't be able to compete with people like DDT.
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DDT is transparent already, without having to ask, so not sure why we are debating comms all over again ... the comms are what they are regardless of the platform, it clearly tells you on the site that you get to pick a platform.. which can range in price from a transaction fee of $0.05 per side for FIX Adapter, all the way to $2K per month for CQG/XTrader.
IMO, if I have to ask for a breakdown, I am wasting time.. specially since exchange fees are the same across the board and it is not all that hard to figure out what an introducing broker comms are...
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To my knowledge exchange fees aren't the same across the board. It depends on the type of seat your clearing firm has on a specific exchange. I've seen situations where one broker charges less in commission but has a higher clearing cost, thus making their overall "all in" greater then a broker w/ higher individual commission. I'm all for transparency.
You can definitely chart individual options contracts in Sierra Chart. I would assume they could be traded as well, but check w/ sc support to be sure.
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FCM's dont pay what is published that reflects that retail and other traders/members pay... they have a completely different price structure... I recall seen a PDF from the CME/ICE about it, I would have to look it up and post it if I find it.
as to charting options, I am not arguing that... anything can chart a price stream... and as long as the broker trades options and the chart has a dom to trade a symbol, the new symbols are tradeable...
that does not mean that SC/MC/NT7 do options... which to me involves proper analysis and being able to see all strikes and related greeks, etc... (so that we are all on the same page)..
I will open an account with Howard myself, I have Ninja with Kinetick and I will choose CQG Trader why I like to use the keyboard to pass my order ( and with cqg trader is possible I am testing now and I find fine) what you think to give CQG 25cts per side and $25 month somebody can give me an advise.
Thanks very much Roberto
it is capped once you hit $395... but keep in mind that is only with Crossland, which is what Howard introduces. Some FCMs, like Velocity for example, do not cap your comms at the $395.. so keep that in mind if you ever "move" FCMs.
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