Looking for platform/broker recommendations - futures io
futures io futures trading



Looking for platform/broker recommendations


Discussion in Platforms and Indicators

Updated by yolo778778
    1. trending_up 2,456 views
    2. thumb_up 2 thanks given
    3. group 3 followers
    1. forum 5 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
 

Looking for platform/broker recommendations

(login for full post details)
  #1 (permalink)
Kingsport, Tennessee
 
 
Posts: 12 since Apr 2020
Thanks: 5 given, 3 received

My experience with TradeStation has been quite horrible. They keep overcharging for data subscriptions. They have no simple way to keep track of it. The only reason I caught it the first time was I transferred all the equity out of the account and received an email I had charges overdue. The first CSR essentially told me to figure out the charges myself by going to XYZ in my account. When I finally looked it up, I noticed it was data subscription charges, when I knew full well I had all free subscriptions. Contacted them and they corrected it (supposedly) and issued a quick refund. But it happened again the very next month.

Their platform is also garbage. Was trying to set up a tick chart with "Movement Size" scaling. The time axis was keeping up with last price but the price axis wasn't. Apparently 10.0 no longer has Background Dragging like 9.5, and after fiddling with more settings to get the price axis working I grabbed the candlesticks and moved them off the chart (underneath the bottom indicator essentially) to see if the price axis would finally keep up, then couldn't get them back onto the chart. A CSR tried helping but nothing worked. Went through the Edit Symbol method to get the candlesticks back and it worked, but grabbing the candles again and moving them just slightly (not even off the chart) made them completely disappear again. They suggested scheduling a call with a tech. Fired it up the next day and not only were the candles mysteriously centered, but the price axis was keeping up. That was yesterday. Was trying to use it this morning and it crashed. I'm done with this. I'm fairly new, so maybe I'm being too hard on them and the CSRs have generally been helpful and quick to contact, but seems like a well-established broker shouldn't have these kinds of problems.

So anyone know a broker and a platform or broker/platform combo that works, has tick charts, and order entry macros with hot keys? I've heard good things about MultiCharts, but TradeStation doesn't connect with them. I've used their sister platform TradingView with TradeStation with success, though they don't have tick charts. Also, most brokers, unlike TradeStation, seem to require larger account minimums. My account is only ~$2K. So that's a consideration as well. I have a TD Ameritrade account but their margin requirements for futures are terrible. Commissions are higher for futures also.

Thanks

Reply With Quote
The following user says Thank You to sgjohnson for this post:

Can you help answer these questions
from other members on futures io?
Zytrade Brokerage Review (www.zytrade.com)
Brokers
QDEL
Stocks and ETFs
Do You Have A PlayBooks/What Form Does It Take?
Traders Hideout
Best way to automate testing a strategy across different instruments
EasyLanguage Programming
NinjaTrader 8 with TD Ameritrade futures
NinjaTrader
 
 
(login for full post details)
  #2 (permalink)
Site Sponsor

Web: Ironbeam
AMA: Ask Me Anything
Webinars: Ironbeam Webinars
Elite offer: Click here
 
 
Ironbeam's Avatar
 
Posts: 60 since Jan 2018
Thanks: 34 given, 53 received


sgjohnson View Post
My experience with TradeStation has been quite horrible. They keep overcharging for data subscriptions. They have no simple way to keep track of it. The only reason I caught it the first time was I transferred all the equity out of the account and received an email I had charges overdue. The first CSR essentially told me to figure out the charges myself by going to XYZ in my account. When I finally looked it up, I noticed it was data subscription charges, when I knew full well I had all free subscriptions. Contacted them and they corrected it (supposedly) and issued a quick refund. But it happened again the very next month.

Their platform is also garbage. Was trying to set up a tick chart with "Movement Size" scaling. The time axis was keeping up with last price but the price axis wasn't. Apparently 10.0 no longer has Background Dragging like 9.5, and after fiddling with more settings to get the price axis working I grabbed the candlesticks and moved them off the chart (underneath the bottom indicator essentially) to see if the price axis would finally keep up, then couldn't get them back onto the chart. A CSR tried helping but nothing worked. Went through the Edit Symbol method to get the candlesticks back and it worked, but grabbing the candles again and moving them just slightly (not even off the chart) made them completely disappear again. They suggested scheduling a call with a tech. Fired it up the next day and not only were the candles mysteriously centered, but the price axis was keeping up. That was yesterday. Was trying to use it this morning and it crashed. I'm done with this. I'm fairly new, so maybe I'm being too hard on them and the CSRs have generally been helpful and quick to contact, but seems like a well-established broker shouldn't have these kinds of problems.

So anyone know a broker and a platform or broker/platform combo that works, has tick charts, and order entry macros with hot keys? I've heard good things about MultiCharts, but TradeStation doesn't connect with them. I've used their sister platform TradingView with TradeStation with success, though they don't have tick charts. Also, most brokers, unlike TradeStation, seem to require larger account minimums. My account is only ~$2K. So that's a consideration as well. I have a TD Ameritrade account but their margin requirements for futures are terrible. Commissions are higher for futures also.

Thanks

Hey there -

We support MultiCharts, and we became an official broker partner of TradingView just last week: https://www.tradingview.com/broker/Ironbeam/

We do not have account minimums and would be happy to help you with any other questions you might have.

Feel free to reach out with any questions. (312) 765 7228. There is a substantial risk of loss in trading futures and options. Past performance is not necessarily indicative of future results. Full Details.
Follow me on Twitter Reply With Quote
The following user says Thank You to Ironbeam for this post:
 
(login for full post details)
  #3 (permalink)
Kingsport, Tennessee
 
 
Posts: 12 since Apr 2020
Thanks: 5 given, 3 received



Ironbeam View Post
Hey there -

We support MultiCharts, ....


Ah. For both Sierra and MultiCharts I was going by the list on their website. Ironbeam isn't listed on either. Guess I'll submit an application and see how it goes. Thanks.

Reply With Quote
 
(login for full post details)
  #4 (permalink)
Kingsport, Tennessee
 
 
Posts: 12 since Apr 2020
Thanks: 5 given, 3 received

Welp. Ran into a problem already. The signup is telling me my password is invalid but doesn't tell me why. It's longer than 6 characters.

Reply With Quote
 
(login for full post details)
  #5 (permalink)
Kingsport, Tennessee
 
 
Posts: 12 since Apr 2020
Thanks: 5 given, 3 received

Took a wild guess it doesn't like special characters. (Two things: It's more secure to be able to include special characters. And second, regardless of the requirements, it's standard practice to tell the user what those requirements are.)

Um. So the Application Completed page says "The only thing left is to fund your account." It doesn't say whether or not the application was approved. Just says it was completed.

Reply With Quote
 
(login for full post details)
  #6 (permalink)
Malaysia
 
 
Posts: 19 since Aug 2020
Thanks: 0 given, 9 received

I would use Interactive brokers if price is what you are looking for, but you do need to connect to a platform if you want a good experience. Kudos if you can trade on TWS, that thing is awful. On top of that, the datafeed is a meh, and if you trade on tick chart, I donít think they offer thats

Reply With Quote


futures io Trading Community Platforms and Indicators > Looking for platform/broker recommendations


August 28, 2020


Upcoming Webinars and Events
 

NinjaTrader (special webinar #400 w/giveaways)

Oct TBD
 

Bookmap

Oct TBD
 

SharkIndicators

Oct TBD
 

Carley Garner

Oct TBD
 

Ironbeam

Oct TBD
 

Zytrade

Oct TBD
 

GruttePier

Oct TBD
     



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