Echo is a Professional Firm. Pre. I was definitely sold on Echo very quickly after doing some research on the different firms around. Rob Keller is a great guy. The big drawback to a professional firm is it requires a stockbrokers license, Series 7, to trade with them. rtharp
rtharp, It seems to me that their software is very basic (especially scharting part) is this also your observation? Thanks
http://www.elitetrader.com/vb/showthread.php?threadid=1229 to the person who asked about explaining bullets read this thread. There is no need to get off topic when it was already covered. rtharp
On the software I find it outperforms RealTick. I can get just about any indicator I want on the charts if that was your question. I tend to just use candlesticks , volume, and the time and sales window for my trading. rtharp
DT-WAV not sure if you are still around but if you look above there is a link called Brokers. It is a link for a public review of different direct access brokers. rtharp
I'm using Datek with quotetracker (www.quotetracker.com) for point and click trading. Datek direct lets you choose routing for Nasdaqs.... also get streaming quotes free and level 2 available.... BTW just stumbled across equitytrading.com - anyone got any news/experience with them. Looks like 7.95 for market and limit orders plus direct trading etc... will be investigating chris
praetorian Did you decide not to use Hold Brothers? I'm in the process of opening an account with them. Do they not offer you a cap on commission?
I didn't like that they didn't offer a cap on commish. Echo caps at 25 a ticket, and I do a lot of 3-5k trades, so it would cost me more for those. Their rate per share was also a bit higher even though I do 2mil +/- a month (though the number seems to go up a few 100k each month). I think echo is giving me a better offer, but their guys who I talked to at hold were very nice as well.