Any Tradovate Competitors (Zero Commissions)?

Discussion in 'Retail Brokers' started by newwer, Jul 2, 2020.

  1. newwer

    newwer

    Whether its 2400/annually or 349/monthly - it is a bargain for high volume traders.

    My issue is not the cost but rather I need a similar deal at another broker with API access for automated trading systems.

    I would also like API access to create a different front end with extra risk management functionality.
     
    #11     Jul 2, 2020
    zenlot likes this.
  2. Ace66

    Ace66

    https://www.tradovatetechnologies.com/api
     
    #12     Jul 2, 2020
  3. Is anyone using Tradovate and are happy with their service ?
     
    #13     Nov 2, 2020
  4. MOMARB

    MOMARB

    the guys at this company very nice and cool ,, I used trade on their platform, something I didnot like about it , I had so many slippage trades and many times missed my limit stops ... not sure why may be because I trade the Russell E minis and it moved really fast .. but they have great prices if u really heavy trader,, good luck
     
    #14     Nov 2, 2020
  5. AMP Commissions are super cheap... only $0.37 for Micros. I have tried tried speaking with Tradovate customer service regarding fees and seemed like I was getting contradictory info...
     
    #15     Nov 3, 2020
  6. Well, to me it seems pretty straightforward....$99/mo + 0.19 per side....or $199x12 prepaid...+ 0 per side.
    https://www.tradovate.com/TradovateAllInRates.pdf
    I don't anyone touching these rates if you are trading decent volume...like 10k sides per month.
     
    #16     Nov 3, 2020
  7. Yep, the fee structure is fantastic if you do some volume. The people at Tradovate are very nice. The platform is acceptable for slow daytrading, but if you are a faster trader then you will not be happy with it. But no problem, you can connect your Tradovate account to Sierra Chart.
     
    #17     Nov 3, 2020
    eternaldelight likes this.
  8. If you trade very high volume you can contact any FCM directly and negotiate commissions most people here can only dream about. Stuff like 10 cent per contract... but you still have to pay the exchange fees. But if you are willing to lease a seat, you can get a nice discount on those. If you are willing to invest a bit in your trading business you can lower your total cost to as little as 0.50 USD per ES or NQ contract, or even lower.
     
    #18     Nov 3, 2020
    eternaldelight likes this.
  9. LCK2000

    LCK2000

    I use them and no complaints.
     
    #19     Nov 5, 2020
  10. Thanks for that. I discovered they tried to get Multicharts to integrate with their service via API, but MC declined as they were already tied to more expensive execution/routing platforms like Rithmic and CQG.
     
    #20     Nov 6, 2020