Trading futures with Tradovate "no commissions" broker? - futures io
futures io futures trading



Trading futures with Tradovate "no commissions" broker?


Discussion in Brokers

Updated by Laconic
      Top Posters
    1. looks_one Laconic with 12 posts (29 thanks)
    2. looks_two Big Mike with 11 posts (23 thanks)
    3. looks_3 Rory with 7 posts (6 thanks)
    4. looks_4 Blaster666 with 7 posts (4 thanks)
      Best Posters
    1. looks_one TraderEX with 11.0 thanks per post
    2. looks_two bobwest with 3.0 thanks per post
    3. looks_3 Laconic with 2.4 thanks per post
    4. looks_4 Big Mike with 2.1 thanks per post
    1. trending_up 53,756 views
    2. thumb_up 150 thanks given
    3. group 53 followers
    1. forum 95 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Trading futures with Tradovate "no commissions" broker?

(login for full post details)
  #31 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,027 since Jun 2009
Thanks: 31,651 given, 94,872 received

What did everyone think of the webinar?

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote

Can you help answer these questions
from other members on futures io?
GBP/ARS Pair
Traders Hideout
Times and Sales more data to be displayed
TradeStation
Horizontal Line Indicator
Platforms and Indicators
Multi Volume Profile Chart indicator keeps saying "from an older version of NT"
NinjaTrader
T​​​​​​radestation datafeed (real time and historical) to NT8
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Legal question and need desperate help
170 thanks
Building a high-performance data system
17 thanks
FIO Journal Challenge - June 2020 w/SharkIndicators
15 thanks
Risk reward question
11 thanks
Is Orderflow An Outdated Concept?
11 thanks
 
(login for full post details)
  #32 (permalink)
Cancun, Mexico
 
Experience: Advanced
Trading: NQ
 
Anagami's Avatar
 
Posts: 773 since Dec 2010
Thanks: 507 given, 1,651 received


Big Mike View Post
What did everyone think of the webinar?

Mike

Intrigued by the product, turned off by the presentation (he shows how it is NOT done, reading off the slides in a boring, monotone voice). Also, the presentation could have been deeper. He just brushed the surface, merely stating info from their website.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Reply With Quote
The following 3 users say Thank You to Anagami for this post:
 
(login for full post details)
  #33 (permalink)
 
 
Posts: 2,743 since May 2014
Thanks: 5,444 given, 8,140 received


The presentation could be much better, the idea is interesting but I think they had better pin the tail on the donkey? Its just going to annoy many people pondering if they could maybe be of interest to them. Personally I see it as one of those times when failing to give worked for instance examples is detrimental.

So you need to pay $99 for 1 CME exchange and $139 for 4 exchanges.
$39 has only 1 month of sim + data is extra? Even pros need to switch to sim regularly to try things out so I don't see this as viable.
Plus a usable scalping platform, say Jigsaw at the moment which is not free I believe?

Well the break even varies but.. it seems to suit non-serious beginners who lack consistently (or basic math to work out the BE) and moderately high volume scalpers that already use Jigsaw?.

Sometimes if you can't say anything nice..you should not speak..

Am I missing something big that makes it otherwise compelling? It would be interesting to have my mind changed as I'm always looking for things to facilitate Latin American traders who don't have as deep pockets.

Reply With Quote
 
(login for full post details)
  #34 (permalink)
New York
 
 
Posts: 52 since Dec 2013
Thanks: 2 given, 41 received

Sounded like a powerpoint script read by someone who isn't a trader targeted at people who aren't real traders or just rank newbies.

Reply With Quote
The following 2 users say Thank You to mpxtreme for this post:
 
(login for full post details)
  #35 (permalink)
Chicago, IL
 
Experience: Master
Platform: Tradovate
Broker: Tradovate
Trading: Indices, financials, energies, metals, grains, softs, and meats
 
Tradovate's Avatar
 
Posts: 4 since Sep 2016
Thanks: 0 given, 2 received


Rory View Post
So you need to pay $99 for 1 CME exchange and $139 for 4 exchanges.
$39 has only 1 month of sim + data is extra? Even pros need to switch to sim regularly to try things out so I don't see this as viable.
Plus a usable scalping platform, say Jigsaw at the moment which is not free I believe?

Thank you for the suggestions on how to improve the presentation and we will certainly consider those when creating presentations for future webinars.

To clarify on the market data, Tradovate covers the real-time market data cost for non-professionals in the annual option of our Active (1 CME Group exchange of your choice) and Advanced (all 4 CME Group exchanges). You can access all of the exchanges we offer (CME, CBOT, NYMEX, COMEX, Eurex, ICE US, and ICE Europe) and would simply pay the associated market data fees to any extra exchanges for which Tradovate did not cover the cost.

Many futures brokers don't cover any of the market data costs for their customers and we have heard this as a pain point for traders who don't want to pay extra for market data, so we wanted to offer something that helps in this area while giving customers the flexibility to choose what option works best for them.

The cost for Jigsaw and the other third party add-ons (Bookmap xRay and OFA) are not included in Tradovate's membership plan and you would simply pay those third parties to access their tools the same way you would for any other platform to which they connect. One thing to note is that Bookmap on Tradovate is a priced at $99 per month, which is lower than their standard price and currently exclusive to Tradovate.

If you are looking for a free scalping tool, take a look at our DOM. It is a great tool for trading in the order limit book and offers one-click trading, OCO bracket orders, volume histogram, link to quotes and we will be adding sweep limit orders shortly. You can test drive this in a risk-free simulated environment free for 14 days by registering here: www.tradovate.com/futures-io.

If you have any other questions or need any additional information on what Tradovate has to offer, please let us know. Thanks!

Customer Support Team | Tradovate, LLC
d: 312.283.3100 e: support@tradovate.com w: tradovate.com

Futures and options trading involves substantial risk of loss and is not suitable for all investors.
Follow me on Twitter Visit my Facebook Reply With Quote
The following user says Thank You to Tradovate for this post:
 
(login for full post details)
  #36 (permalink)
Chicago, IL
 
Experience: Master
Platform: Tradovate
Broker: Tradovate
Trading: Indices, financials, energies, metals, grains, softs, and meats
 
Tradovate's Avatar
 
Posts: 4 since Sep 2016
Thanks: 0 given, 2 received


mpxtreme View Post
Sounded like a powerpoint script read by someone who isn't a trader targeted at people who aren't real traders or just rank newbies.

We have a blend of customers, ranging from traders coming to futures from other asset classes like stocks, ETFs, and FX to professional futures traders who are trading a significant amount of contracts.

For newer traders, Tradovate's membership plans starting at $39 per month allow them to start trading with a commitment lower than the platform cost alone at some brokers while potentially saving even more when they start trading more with our commission-free trading.

Active traders can see even more benefit, since you can save more as you trade more. For example, one of our customers posted in a forum that they are saving approximately $1,000 per month in commissions over their next best option and that figure didn't even factor in other costs, like platform fees (they also commented on Tradovate's platform performance in last week's FOMC announcement).

We encourage you to try the platform out for yourself and you can take a free 14-day trial by registering here: www.tradovate.com/futures-io.

If you have any questions on what Tradovate can offer, please let us know. Thanks!

Customer Support Team | Tradovate, LLC
d: 312.283.3100 e: support@tradovate.com w: tradovate.com

Futures and options trading involves substantial risk of loss and is not suitable for all investors.
Follow me on Twitter Visit my Facebook Reply With Quote
The following user says Thank You to Tradovate for this post:
 
(login for full post details)
  #37 (permalink)
 
 
Posts: 2,743 since May 2014
Thanks: 5,444 given, 8,140 received

Hi @Tradovate may I confirm a detail on the pricing?

I assume so but the $99/$139 a month pricing will work out as:

$99 monthly or $139 monthly *12 so $1188 or $1668 as an upfront charge?

Thanks again,
Rory

Reply With Quote
 
(login for full post details)
  #38 (permalink)
New York, New York, USA
 
 
Posts: 29 since Jun 2016
Thanks: 12 given, 31 received


Rory View Post
Hi @Tradovate may I confirm a detail on the pricing?

I assume so but the $99/$139 a month pricing will work out as:

$99 monthly or $139 monthly *12 so $1188 or $1668 as an upfront charge?

Thanks again,
Rory

I believe that is correct.

Reply With Quote
The following user says Thank You to Laconic for this post:
 
(login for full post details)
  #39 (permalink)
 
 
Posts: 2,743 since May 2014
Thanks: 5,444 given, 8,140 received


Laconic View Post
I believe that is correct.

Seems so but if @Tradovate could confirm is the payment is staged or lump sum?

Otherwise describing it as costing $x a month is nonsensical.

Reply With Quote
 
(login for full post details)
  #40 (permalink)
Chicago, IL
 
Experience: Master
Platform: Tradovate
Broker: Tradovate
Trading: Indices, financials, energies, metals, grains, softs, and meats
 
Tradovate's Avatar
 
Posts: 4 since Sep 2016
Thanks: 0 given, 2 received



Rory View Post
Hi @Tradovate may I confirm a detail on the pricing?

I assume so but the $99/$139 a month pricing will work out as:

$99 monthly or $139 monthly *12 so $1188 or $1668 as an upfront charge?

Thanks again,
Rory

Yes, this is correct for the annual subscription term. We also offer a quarterly option for customers who would like to choose a shorter time commitment and you can upgrade your membership plan or subscription term at any time, so there is a lot of flexibility on where you can get started with Tradovate.

One other thing to note is that Tradovate covers the real-time market data cost for non-professionals in the annual option of our Active and Advanced membership plans (1 CME Group exchange of your choice in Active or all 4 of the CME Group exchanges in Advanced), so there is definitely extra value if you trade these products and don't want to pay extra for market data. We heard this as a pain point for traders who don't like being charged extra for market data by other brokers and we wanted to offer this option as a way to help solve this problem for our customers.

Customer Support Team | Tradovate, LLC
d: 312.283.3100 e: support@tradovate.com w: tradovate.com

Futures and options trading involves substantial risk of loss and is not suitable for all investors.
Follow me on Twitter Visit my Facebook Reply With Quote


futures io Trading Community Trading Reviews and Vendors Brokers > Trading futures with Tradovate "no commissions" broker?


August 1, 2020


Upcoming Webinars and Events
 

Getting Comfortable with Price Action Patterns w/Earn2Trade

Aug 4
 

Live Video Panel: Ask Me Anything w/Ironbeam Brokerage

Aug 6
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts