Trading futures with Tradovate "no commissions" broker? - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading


Notices

Trading futures with Tradovate "no commissions" broker?
Updated: Views / Replies:32,907 / 68
Created: by jmboss 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 100,000 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
 

Trading futures with Tradovate "no commissions" broker?

  #61 (permalink)
Trading Apprentice
New York, New York, USA
 
Futures Experience: Advanced
Platform: Tradovate & Investor R/T
Favorite Futures: Emini ES
 
Posts: 23 since Jun 2016
Thanks: 12 given, 24 received


yngtrader View Post
Has anyone used Tradovate along with ninja charts which would require two data streams as I understand it. Would need to run both in parallel. Have tradovate open to execute trade for low commission and then use ninja to do the charting (have developed indicators etc that are specific to ninja). As I understand it I would need 2 data streams into the same PC. Wondering if other traders have done this and what was their experience? or are there other ways to do this.
Thank you in advance

I'll offer my thoughts:
1. I use Tradovate and use their CQG feed to power Sierra. Tradovate/CQG charges an extra $12/month for this. You can ask Tradovate if they will allow you to use the CQG feed to power Ninja, although according to the Ninja website, you have to have been a Ninja license holder prior to March 10, 2015 to use CQG with Ninja. If a lot of development is required by Tradovate to do this (as opposed to copying what they have done for Sierra) I am guessing they will decline, as Ninja clearly is not signing up new clients with CQG feeds. Hopefully that makes sense.
2. Alternatively, you can look into programming your indicators, or hiring someone to program your indicators, in either Tradovate (javascript) or Sierra (C++). For Tradovate, to take advantage of the programming, you need the $99/month (paid in advance for a year) plan. For the Sierra option, it's the Tradovate $59/month (paid in advance for a year) plus Sierra (as cheap as $22/month for service package 5 w/mkt & vol profile if paid in advance for a year) plus the $12/month to use the CQG feed on Sierra. (Even cheaper if you don't need the profile.)

Hope this helps.

Reply With Quote
The following 3 users say Thank You to Laconic for this post:
 
  #62 (permalink)
Elite Member
Düsseldorf, Germany
 
Futures Experience: None
Platform: TT
Favorite Futures: ES, FDAX,FGBL
 
Posts: 26 since Aug 2009
Thanks: 124 given, 26 received

@Laconic

Is it possible to trade from both platforms (Tradovate Online/ Sierra) at the same time?
Like Sierra for charting and the orders are placed thru Tradovate DOM?

Reply With Quote
 
  #63 (permalink)
Trading Apprentice
New York, New York, USA
 
Futures Experience: Advanced
Platform: Tradovate & Investor R/T
Favorite Futures: Emini ES
 
Posts: 23 since Jun 2016
Thanks: 12 given, 24 received



Mftkn View Post
@Laconic

Is it possible to trade from both platforms (Tradovate Online/ Sierra) at the same time?
Like Sierra for charting and the orders are placed thru Tradovate DOM?

Yes that is exactly what I do. As I stated above, if you use Sierra for charting anyway, you will probably be happy with the $59/month (paid annually in advance) tier of Tradovate. And Sierra gives great discounts for annual payment as well.

Reply With Quote
The following user says Thank You to Laconic for this post:
 
  #64 (permalink)
Elite Member
Albany, New York, USA
 
Futures Experience: Intermediate
Platform: Tradovate+Jigsaw, TOS
Broker/Data: Tradovate/CQG, TOS
Favorite Futures: Energies, Indexes, Grains
 
Posts: 122 since Mar 2016
Thanks: 359 given, 225 received

trying it out

I am testing a demo of tradovate and using the jigsaw trading tools plugin for trade execution. I think tradovate will grow it's platform but coming over from TOS (another java) platform as it is now Tradovate's platform is lacking a lot of features in comparison. That said I am eagerly trying to find a way to make it work as the price savings of their flat rate model are substantial . . . extremely substantial from TOS.

Reply With Quote
 
  #65 (permalink)
Elite Member
Belgium
 
Futures Experience: Advanced
Platform: SaxoTrader
Broker/Data: SaxoBank
Favorite Futures: ESTX
 
Posts: 292 since Dec 2009
Thanks: 243 given, 109 received

I asked some management staff that Tradovate supports signals' marketplaces like iSystem & Striker on top of Collective2 (already supported)

I was told that it would be considered if there would be enough customer demand showing on their Community forum

So here it is
https://tradovate.zendesk.com/hc/en-us/community/posts/115008528188-Striker-and-iSystem-support

Please show your interest there if you mind

Reply With Quote
 
  #66 (permalink)
Trading Apprentice
Portugal
 
Futures Experience: Advanced
Platform: Thomson Reuters Eikon
Broker/Data: CQG, Reuters
Favorite Futures: ZB, ZN, ES, BUND, STOXX, FDAX, CL, GC, 6E, 6B, 6J,
 
Posts: 16 since Aug 2015
Thanks: 0 given, 1 received

Anyone here used their Market Replay? Any thoughts?

I'm thinking about openning a Free-Membership account with 1000$ (if this is needed) and then pay the 69$/Month not for trading but just for Market Replay. Have anyone done that? Is it possible?
Are there any extra fees like Data Feed's or Inactivity fees? For this purpose.

Regards

Reply With Quote
 
  #67 (permalink)
Elite Member
Netherlands
 
Futures Experience: Advanced
Platform: TWS/SierraChart/Tradovate
Broker/Data: InteractiveBrokers/Tradovate/CQG
Favorite Futures: Bund (FGBL)
 
Posts: 180 since Jun 2013
Thanks: 358 given, 232 received

yes there are still market data fees, but it's not much

Reply With Quote
 
  #68 (permalink)
Elite Member
Albany, New York, USA
 
Futures Experience: Intermediate
Platform: Tradovate+Jigsaw, TOS
Broker/Data: Tradovate/CQG, TOS
Favorite Futures: Energies, Indexes, Grains
 
Posts: 122 since Mar 2016
Thanks: 359 given, 225 received

Just talked to Rick at support at tradovate and was told that if you sign up for the $69/month plan which comes with market replay there are no other costs. Of course if you want to trade than the $99/month plan gives you trading and market replay.

I am in no way affiliated with them. I am using Topsteptrader's platform which is a badged version of Tradovate and have used the market replay in the evenings to trade out ideas that I wanted to try the next day. It has been helpful for me and seems to be easy to use.

Mighty

Reply With Quote
 
  #69 (permalink)
Trading for Fun
https://futures.io/trading-journals/45382-traderex
 
Futures Experience: Intermediate
Platform: Self derived
Broker/Data: Tradovate Commission Free Trading
Favorite Futures: E-MINI, ES, YM, CL, and NQ
 
Posts: 91 since Sep 2018
Thanks: 62 given, 154 received

Tradovate break even analysis. Trader EX says:

I started with GO Futures(.99 per side) and then Generic Futures(.59 per side) Both through Ironbeam. I subscribe to the notion that if you have nothing good to say you do not offer it out of the blue.

So, about tradovate.

I found them when I was looking to find a more suitable home for my scalping. To me, when the service is 100%, free platform and club pricing, I had to try it. I am still with them 2 years later.

Free platform- I had to pay $49.95 a month with the first guys. With Tradovate it's free and that means I'm $50 ahead from the start.

Customer service- First guys, none. When I called I was at risk for up selling. was offered 500 day rates for the ES with a $35 per side commission rate. I was also called every two weeks or so by someone different under the guise that they were seeing if all was well. say one thing is not good and they will sell you whatever you need to make things better.
Tradovate offers 500 day rates to all, upfront and in the advertisement. Andrew Sevin (7) uns the show for customer service and is flawless to date. I do not call very much as I have no problems with the things promised. I called in the past when I didn't know how to retrieve some functions. If I had read the help button I would have never called(chat box not a call). took me time from PTSD that the first guys dumped on me. While trading under Tradovate at the beginning, if the phone rang I hid under the covers and then unplugged the phone. someone knocked on the door, I ran to the basement...

About Club Pricing-You are a member, not a client. Three current plans to choose from. No plan- $0.79 per side. Intermediate plan- $99.00 flat and $0.19 per side. unlimited round turns- $199.00. These are prepaid by the month and a discount is available by the year.

Break-even analysis($199.00)- no plan $199.00/(0.79 x 2)= 126 roughly intermediate plan $199.00/$99.00 +$0.19 per side) roughly 270

Conclusion. As a member there you get top customer service from 7 and his crew. You get a free platform to use. And the ability to grow within the club as you mature.
If you trade,
125 contracts or less per month then 0.79 per side is your best deal
between 125 and 270 contracts then intermediate is for you
All others start saving from the 270 plus mark. you save whatever someone else would charge you.

For me, unlimited is the boss and I just figure in 50 a week or 10 a day if I trade all 5 days. On days that I am slightly ahead, say 100 or so, most of that comes from what I did not pay someone else. A very happy customer there.

EX

Reply With Quote
The following 4 users say Thank You to TraderEX for this post:

Reply



futures io > > > > Trading futures with Tradovate "no commissions" broker?




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

Fundraiser: Feeding Families in Need (ends Dec 17)

December
 

Ask Me Anything (Brokers & Platforms) w/Ilan Levy Mayer @ Cannon Trading

Dec 13
 

Battlestations! Show us your trading desks w/GFF Brokers ($750 in Prizes)

January
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Yearly Based Futures Commissions Broker street Reviews of Brokers and Data Feeds 2 April 26th, 2015 12:37 PM
Best broker for trading DAX futures from UK DAX trader Reviews of Brokers and Data Feeds 23 January 20th, 2014 05:46 PM
Your broker allow equities as margin for futures trading? silver99 Reviews of Brokers and Data Feeds 6 January 2nd, 2013 10:23 AM
Best Futures Broker - Commissions sabrooks23 Reviews of Brokers and Data Feeds 2 October 10th, 2012 02:24 PM
Futures Broker v CFD Provider for trading futures rcampbell Reviews of Brokers and Data Feeds 3 January 5th, 2012 01:53 PM


Tags
analytics, bracket, broker, brokerage, brokers, bund, chat, cme, commission, cqg, data, data feed, dax, day trade, day trading, delete, dom, dorman, dow, elite, email, emini, es, eurex, fcm, forex, forex brokers, futures, futures broker, futures trading, histogram, how to, indicator, information, jigsaw, market data, multicharts, nasdaq, ninjatrader, order flow, position limits, programming, quotes, rithmic, robinhood, scalping, sim, sim_trading, spread, spread trading, stock trading, swing, switch, switching, think or swim, tos, trading, trading account, trading futures, update, volume, webinar, xlf

All times are GMT -4. The time now is 09:57 PM. (this page content is cached, log in for real-time version)

Copyright © 2018 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 2018-12-13 in 0.15 seconds with 32 queries on phoenix