NexusFi: Find Your Edge


Home Menu

 





Stock, ETF, Options Brokers


Discussion in Brokers

Updated
      Top Posters
    1. looks_one Big Mike with 4 posts (0 thanks)
    2. looks_two bigtrader with 2 posts (2 thanks)
    3. looks_3 COTtrader with 2 posts (0 thanks)
    4. looks_4 bukkan with 1 posts (0 thanks)
    1. trending_up 8,274 views
    2. thumb_up 3 thanks given
    3. group 5 followers
    1. forum 15 posts
    2. attach_file 0 attachments




 
Search this Thread

Stock, ETF, Options Brokers

  #11 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985


Big Mike View Post
Thx. Lightspeed may be a good alternative to InteractiveBrokers for day traders, but for me I was trying to find something easy/cheap to recommend for people who have very little to start with. I would rather see them swing stocks with a 3k or 5k account than trade CL futures

Mike

Don't know if equity is a good idea for start with little account, maybe is better spot forex, thru some good brokers, also cos trading spot is more like trading some futures.

Take your Pips, go out and Live.
Luke.
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
Exit Strategy
NinjaTrader
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Futures True Range Report
The Elite Circle
 
  #12 (permalink)
 bigtrader 
Houston, Texas
 
Experience: Advanced
Platform: Ninjatrader, IB
Broker: Amp Futures/ Zen Fire
Trading: ES and NQ
Posts: 12 since Jan 2010
Thanks Given: 13
Thanks Received: 12

Hey Mike,
I highly recommend Thinkorswim. I have been using them for about 2 years now. I just recently changed from Interactive Brokers back to Thinkorswim back in March. Also, note with ThinkorSwim you can negotiate your commissions with them it's not stuck at the $9.00 per trade and 2.95 per options trade. Every since I've started I was able to negotiate with them each time to lower my commissions. As of today my commission rates are 3.00 per stock trade and 1.25 per options trade. Oh yeah, they will match other brokers commission rates. So I think Thinkorswim is pretty good especially with the rates I was able to get and considering I don't have to pay any platform fees it all works out.

Follow me on Twitter Reply With Quote
Thanked by:
  #13 (permalink)
 
sam1197's Avatar
 sam1197 
Canada
 
Experience: Intermediate
Platform: NT, IB
Broker: IB
Trading: Currency Futures
Posts: 55 since Feb 2011
Thanks Given: 13
Thanks Received: 12



bigtrader View Post
Hey Mike,
I highly recommend Thinkorswim. I have been using them for about 2 years now. I just recently changed from Interactive Brokers back to Thinkorswim back in March. Also, note with ThinkorSwim you can negotiate your commissions with them it's not stuck at the $9.00 per trade and 2.95 per options trade. Every since I've started I was able to negotiate with them each time to lower my commissions. As of today my commission rates are 3.00 per stock trade and 1.25 per options trade. Oh yeah, they will match other brokers commission rates. So I think Thinkorswim is pretty good especially with the rates I was able to get and considering I don't have to pay any platform fees it all works out.

Hey Bigtrader:

I read your post. I am with IB and want to move else where. Is TOS still a good option after being bought? Thanks much.

Visit my NexusFi Trade Journal Reply With Quote
  #14 (permalink)
 bigtrader 
Houston, Texas
 
Experience: Advanced
Platform: Ninjatrader, IB
Broker: Amp Futures/ Zen Fire
Trading: ES and NQ
Posts: 12 since Jan 2010
Thanks Given: 13
Thanks Received: 12


sam1197 View Post
Hey Bigtrader:

I read your post. I am with IB and want to move else where. Is TOS still a good option after being bought? Thanks much.

Hey Sam1197,

Thinkorswim is still a good choice for trading options, but if your looking a charting and data feeds, I would stay with IB or go with Ninjatrader or Multicharts. Thinkorswim is good not as great as it used to be and watch out for the spreads when trading options on their platform. Hope that helps a little.

Oh and if you are looking for a alternative to thinkorswim look at trademonster.com. They have a pretty good platform for options trading as well, just not that well known yet.

Follow me on Twitter Reply With Quote
Thanked by:
  #15 (permalink)
Hooper Crosby
Johnson City, TN
 
Posts: 4 since Apr 2012
Thanks Given: 4
Thanks Received: 2

Mike,

Scottrade has a $2000 minimum for margin accounts, and $500 minum to open an account. They have $7 commissions, but their customer service is excellent. They have offices all over the country, or you can reach a broker over the phone. They are a perfectly fine broker to recomend to beginning traders who only have a few grand to trade with.

Reply With Quote
  #16 (permalink)
 
andby's Avatar
 andby 
Norwich, UK
 
Experience: Intermediate
Platform: Multiple:research&executi
Broker: Started with Stage5/OEC ... multiple
Trading: Anything found profitable goes ...
Posts: 167 since Jul 2012
Thanks Given: 88
Thanks Received: 88

Perhaps not so well known, but I've used them sporadically without problems.
Very low commissions and no maintenance fee or "low activity" charge.
Minimum of 2500$ in account, and 25k$ for day trading.

Regards

Reply With Quote




Last Updated on February 28, 2013


© 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