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Trading futures with Tradovate "no commissions" broker?


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Trading futures with Tradovate "no commissions" broker?

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  #91 (permalink)
New York, New York, USA
 
 
Posts: 29 since Jun 2016
Thanks: 12 given, 33 received

no issues at all

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  #92 (permalink)
New York, New York, USA
 
 
Posts: 29 since Jun 2016
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I have to say the Sierra Chart Engineering response is strange, although they obviously want you to buy their data.

A long time ago I used a broker that used Gain data, then I used TradeStation. When I first started with Tradovate, they did not offer a connection to SierraChart, so I used Sierra with IQFeed. Since Tradovate has offered the SierraChart conection, I have used that, and that data service has been the most reliable I have ever used, by a lot.

Of course, that's my experience only.

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  #93 (permalink)
Geneva, Switzerland
 
 
Posts: 64 since Dec 2015
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Thanks for the feedback (Here, they advise to use their TT order routing over CQG, not their data).

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  #94 (permalink)
Geneva, Switzerland
 
 
Posts: 64 since Dec 2015
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Sierra continues to take steps away from CQG, following failure reports.
https://www.sierrachart.com/SupportBoard.php?ThreadID=46171
https://www.sierrachart.com/SupportBoard.php?ThreadID=46231

For those who achieve a stable reliable order routing at Tradovate w/ SC, are you using CQG FIX or CQG WebAPI ?

Notwithstanding the above mentioned, users should request SC to integrate directly with the Tradovate API to avoid unnecessary CQG connection fee and extra commissions per side

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  #95 (permalink)
Kansas City, MO
 
Experience: Intermediate
Platform: Tradovate
Trading: ES
 
Posts: 239 since Jan 2014
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anyone have any recent experience or thoughts on tradovate?

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  #96 (permalink)
New York, New York, USA
 
 
Posts: 29 since Jun 2016
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I still use them and all of my earlier comments in this thread still apply. I am a happy customer.

Biggest drawback is the charting. They are adding capabilities, but slowly. Of course if you can program JavaScript you can do anything you want. But as a non programmer I use Sierra for charts. Tradovate allows you to use their CQG data feed in Sierra for $12/month.

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  #97 (permalink)
Portland, ME
 
Experience: Beginner
Platform: Jigsaw, TOS, Firetip
Trading: YM, MYM, stocks, options
 
Posts: 50 since Feb 2020
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mojord View Post
anyone have any recent experience or thoughts on tradovate?


I can give you my thoughts and experience about Tradovate! Nothing but positive things to say!!!

I've been with Tradovate since March 2020. Prior to that, I was a long time ThinkorSwim (TOS) user. I still like and use TOS charting (desktop application). I had to leave TOS due to the rediculous commission on futures (both MICROS and MINI). With Micros, I was paying a crazy$3.50 per round trip or so. So I felt "forced" into trading mini size, which was the wrong reason to be trading mini contracts. I called TOS and they barely budged lower on commissions and I had a pretty good sized account, so they really LOST bad on my business!

I moved over to my new home Tradovate, continued to trade as I did before. I was seeing green and able to stay ahead of commissions, so I did the unlimited commissions plan, cost like $2399 for 12 months. I didn't have daytrade margins with thinkorswim... Combined with low commission? I'm smashing it right now. Traded almost 30,000 contracts from march to now. I am in profit for the year. Kinda fricken sweet for me. Might sound like a train wreck to others lol.

So when people say, just trade better and don't worry about commissions.... NO, you NEED to worry about every F*king penny! That's YOUR money that YOU should keep!


Tradovate is an IB for Doorman. Zero problems moving money in and out. Customer service is AWESOME. Only pain in the A$$ is that you need to use a wire to move more than $3k in a lump sum. Up to 3k can be ACH.
You'll pay the $7 for data or whatever it costs, and for Depth and Top of Book etc. Each exchange will cost you for data, CBOT, CME, COMEX, EUREX, blah blah.

Tech wise: I'm not into their charts. But execution is quite fast VS TOS. With TOS, I was getting left in the dust at the open, and my MARKET orders wouldn't even fill! It still can happen with any broker, but a lot less with Tradovate.
If I wanted more speed, I would figure out how to co-locate, but as of right now that's not my big burning issue.

icing on the cake: datafeed connects to Jigsaw, so you'll be covered if you want to read trade flow/orderflow!
Thank god for Tradovate. Not sure how I could ever get by. I hated ever other platform I tested out there.
I even tried another broker with a platform called "Firetip"....lol, it was so confusing I lost money because I didn't realize I had open orders on the books! With Tradovate, that never happens to me. I know I'm closed out each and every day.

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