NexusFi: Find Your Edge


Home Menu

 





Best futures broker for swing traders?


Discussion in Brokers

Updated
      Top Posters
    1. looks_one muscleman with 2 posts (2 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 djkiwi with 1 posts (1 thanks)
    4. looks_4 bob304 with 1 posts (1 thanks)
    1. trending_up 3,302 views
    2. thumb_up 4 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread

Best futures broker for swing traders?

  #1 (permalink)
 muscleman 
Honolulu, HI
 
Experience: Beginner
Platform: TradingView
Broker: Interactive Brokers
Trading: futures, stocks
Posts: 437 since Mar 2012
Thanks Given: 72
Thanks Received: 207

Hi,
I am wondering what brokers do you recommend for swing traders. I think server side OCO is highly preferrable for swing traders. I currently know only four brokers supporting that: DDT, Optimus, IB and TD Ameritrade.
Someone told me that IB said they do not guarantee correct cancellation of one side when the other side is triggered. This is a bit annoying. Are there any brokers that guarantee this? If no then probably I would have to only place a stop loss.


Thank you guys!

Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Futures True Range Report
The Elite Circle
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #3 (permalink)
 
djkiwi's Avatar
 djkiwi 
Mercer Island WA
 
Experience: Advanced
Platform: Ninjatrader/Strategy Desk
Broker: Various
Trading: TF/NQ/ES/Stocks
Posts: 561 since May 2010
Thanks Given: 981
Thanks Received: 1,558



muscleman View Post
Hi,
I am wondering what brokers do you recommend for swing traders. I think server side OCO is highly preferrable for swing traders. I currently know only four brokers supporting that: DDT, Optimus, IB and TD Ameritrade.
Someone told me that IB said they do not guarantee correct cancellation of one side when the other side is triggered. This is a bit annoying. Are there any brokers that guarantee this? If no then probably I would have to only place a stop loss.


Thank you guys!

Hi, are you entering trades through ninjatrader or directly into TWS?

Cheers
DJ

Reply With Quote
Thanked by:
  #4 (permalink)
 muscleman 
Honolulu, HI
 
Experience: Beginner
Platform: TradingView
Broker: Interactive Brokers
Trading: futures, stocks
Posts: 437 since Mar 2012
Thanks Given: 72
Thanks Received: 207


djkiwi View Post
Hi, are you entering trades through ninjatrader or directly into TWS?

Cheers
DJ

I haven't purchased NT. So I can only consider to use NT as charting and TWS to place the order. Though in the future I may buy NT if necessary.

Started this thread Reply With Quote
Thanked by:
  #5 (permalink)
 bob304 
Memphis, TN
 
Experience: Intermediate
Platform: NinjaTrader
Broker: MirusFutures/Zen-Fire
Trading: NQ, TF, CL, GC, 6B, 6E
Posts: 4 since Mar 2010
Thanks Given: 5
Thanks Received: 1

You don't want to use TD Ameritrade for any futures trading. The feed is slow and the fills are awful. I have run TDA and Zen-Fire side by side and seen as much as a 3 tick difference in fill on ES.

Reply With Quote
Thanked by:




Last Updated on June 24, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts