Better trade platform for a Canadian other than IBD? - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading


Better trade platform for a Canadian other than IBD?
Updated: Views / Replies:1,834 / 7
Created: by Rambo1123 Attachments:0

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Reply
 
Thread Tools Search this Thread
 

Better trade platform for a Canadian other than IBD?

  #1 (permalink)
Trading Apprentice
white rock
 
Futures Experience: Advanced
Platform: metastock
Favorite Futures: stocks
 
Posts: 3 since Feb 2012
Thanks: 9 given, 0 received

Better trade platform for a Canadian other than IBD?

I trade in Canada and I'm currently using IBD. I'm finding a lot of slippage on stop orders on very liquid products such as the SPY. Also there order entry and order adjustments are cumbersome and their charts are garbage. I am wondering if anyone out there has something they would recommend? Cheers.

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Live Your Bliss
Canary Islands, Spain
 
Futures Experience: Advanced
Platform: OA
Favorite Futures: What Moves
 
Anagami's Avatar
 
Posts: 701 since Dec 2010
Thanks: 474 given, 1,398 received

Answer
This post has been selected as an answer to the original posters question Answer



Rambo1123 View Post
I trade in Canada and I'm currently using IBD. I'm finding a lot of slippage on stop orders on very liquid products such as the SPY. Also there order entry and order adjustments are cumbersome and their charts are garbage. I am wondering if anyone out there has something they would recommend? Cheers.

Happy with Mirus Futures. No problems in execution or anything else.

"...the degree to which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader." - Mark Douglas
Reply With Quote
The following user says Thank You to Anagami for this post:
 
  #4 (permalink)
Elite Member
port charlotte, florida
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Oil
 
Posts: 94 since Dec 2011
Thanks: 54 given, 72 received

Answer
This post has been selected as an answer to the original posters question Answer


Rambo1123 View Post
I trade in Canada and I'm currently using IBD. I'm finding a lot of slippage on stop orders on very liquid products such as the SPY. Also there order entry and order adjustments are cumbersome and their charts are garbage. I am wondering if anyone out there has something they would recommend? Cheers.

For futures Mirus with Ninja Trader works just fine. I've been looking at Infinity Futures with InfinityAT (Sierra) and it also looks good. Infinity seems to provide better more personal support than Mirus but I have learnt Ninja Trader and am not sure if I want to learn InfinityAT.

I notice that you talk about the SPY and neither of those brokers handle equities. I haven't looked for another broker to handle those since I don't try and day trade those. If you are buying equities for longer periods then the loss of a few ticks is not such a big deal. If you want to day trade them, then you will have to keep looking.

By the way - I agree that IB's system is hard to use. I paid for Ninja Trader to trade any broker and it works well for equities on IB. The problem is that you may not want to pay the fee to NT. You could choose to use the free version of NT for charts and deal with IB for order entry.

Good luck.

Reply With Quote
The following user says Thank You to gcaldridge for this post:
 
  #5 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Advanced
Platform: NinjaTrader, MT4
Broker/Data: Amp/CQG, Citibank
Favorite Futures: CL, GC, 6E, ES, TF, EURUSD, GBPJPY, AUDUSD
 
Beljevina's Avatar
 
Posts: 349 since Sep 2010
Thanks: 379 given, 564 received

Answer
This post has been selected as an answer to the original posters question Answer


Rambo1123 View Post
I trade in Canada and I'm currently using IBD. I'm finding a lot of slippage on stop orders on very liquid products such as the SPY. Also there order entry and order adjustments are cumbersome and their charts are garbage. I am wondering if anyone out there has something they would recommend? Cheers.

That's terrible and really unacceptable IMO. It sounds like their API or interface into the true market, sucks, in many ways.

I use Amp futures, and although I am in Ontario (Mississauga), everything is mostly top-notch, with NT7 and the CQG datafeed - I am on a Rogers 10 Mbps (although I see they are now lying on their pages by calling it "up to 18Mbps.") . You can fund and keep your seed capital in CAD with Amp. Can't remember the last time I had slippage, in ES, CL or 6E. NT7 chart trader is $60/month and well worth it, as DOM entry is just not for me.

Reply With Quote
The following user says Thank You to Beljevina for this post:
 
  #6 (permalink)
Elite Member
port charlotte, florida
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Oil
 
Posts: 94 since Dec 2011
Thanks: 54 given, 72 received


Beljevina View Post
That's terrible and really unacceptable IMO. It sounds like their API or interface into the true market, sucks, in many ways.

I use Amp futures, and although I am in Ontario (Mississauga), everything is mostly top-notch, with NT7 and the CQG datafeed - I am on a Rogers 10 Mbps (although I see they are now lying on their pages by calling it "up to 18Mbps.") . You can fund and keep your seed capital in CAD with Amp. Can't remember the last time I had slippage, in ES, CL or 6E. NT7 chart trader is $60/month and well worth it, as DOM entry is just not for me.

Once again, I don't think AMP does anything but futures. Does anyone have a broker for equities like SPY?

Reply With Quote
The following user says Thank You to gcaldridge for this post:
 
  #7 (permalink)
Man wearing a tuque
Calgary, Canada
 
Futures Experience: Intermediate
Platform: Multicharts
Broker/Data: IB, IQFeed
Favorite Futures: GC
 
Lampert's Avatar
 
Posts: 76 since Nov 2011
Thanks: 73 given, 131 received

Answer
This post has been selected as an answer to the original posters question Answer


Rambo1123 View Post
I trade in Canada and I'm currently using IBD. I'm finding a lot of slippage on stop orders on very liquid products such as the SPY. Also there order entry and order adjustments are cumbersome and their charts are garbage. I am wondering if anyone out there has something they would recommend? Cheers.

Rambo - I don't know all the features that you need. But I use the following three brokers and have not noticed slippage problems. All three handle stocks - TD Waterhouse, Interactive Brokers, and OptionsXpress Canada.

I am closing the OptionsXpress account because I don't need it and there are financial concerns with their clearing broker (Penson Financial). However, this concern may not be real because the account should be protected by the CDIC.

There are several other threads discussing brokers in Canada. One of them here.


Len

Reply With Quote
The following user says Thank You to Lampert for this post:
 
  #8 (permalink)
Trading Apprentice
midland ontario canada
 
Futures Experience: Beginner
Platform: ninjatrader
Broker/Data: mirus
Favorite Futures: forex
 
Posts: 3 since Mar 2012
Thanks: 4 given, 1 received

mirus for canadians

Answer
This post has been selected as an answer to the original posters question Answer

i have done quite a bit of research on brokers and i still have yet to find a good broker that has forex and accepts canadians mirus does not accept canadians any help would be appreciated

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

Reply



futures io > > > > Better trade platform for a Canadian other than IBD?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Canadian Oil Sands Remain Isolated as Pipeline Plans still Face Opposition kbit News and Current Events 0 May 3rd, 2012 10:59 PM
Canadian Futures Traders and TT's X Trader loonietrader Reviews of Brokers and Data Feeds 12 April 15th, 2012 09:57 AM
Canadian regulator, banks take aim at U.S. Volcker rule kbit News and Current Events 0 January 6th, 2012 07:15 PM
Canadian Dollar Falls on Job Losses Quick Summary News and Current Events 0 November 4th, 2011 12:30 PM


All times are GMT -4. The time now is 02:27 AM.

Copyright © 2017 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
Page generated 2017-12-14 in 0.12 seconds with 33 queries on phoenix via your IP 54.221.76.68