Interactive Brokers - exchange traded spreads

Discussion in 'Retail Brokers' started by londonkid, May 29, 2015.

  1. londonkid

    londonkid

    It is very frustrating that IB don't show 10 levels of depth for exchange traded spreads when that information is available. I am not sure I would use the DOM anyway but I still want to see it. I notice it does show for ES calendars.

    Their margining is a little frustrating too as they put their own risk overlay on top of the exchange margin.

    I am close to opening an account with Advantage as I believe the above problems would be solved.

    also maybe advantage has something close to resembling customer service.

    IBs financial strength is a big plus for me though.

    anyone have similar issues?
     
    Last edited: May 29, 2015
  2. rmorse

    rmorse Sponsor

    What futures platform are you using with them?
     
  3. londonkid

    londonkid

    TWS.
     
  4. rmorse

    rmorse Sponsor

    Well, that might be the issue. You can't expect one platform to provide the best experience for trading every asset class. And IB has made it very clear that they have no interest in offering the maximum leverage/minimum margin on any of their asset classes.
     
  5. londonkid

    londonkid

    ok thanks for the input. Yeah they are very clear about their higher margins. To be fair i don't blame them as the $400 margin ES crowd is an accident awaiting to happen. I will check other front end options.
     
  6. rmorse

    rmorse Sponsor

    Check out CQG for futures only and CTS if you also trade options.
     
    londonkid likes this.

  7. i was with IB for 15 yrs...switched to Advantage in late 2013 for many reasons.(all i do are exchange spreads)

    their customer service is exponentially better than IB, and yes u see all that u want on the DOM.
     
    londonkid likes this.
  8. londonkid

    londonkid

    superb thanks sellindex. do you use TT/CTS or are there cheaper alternatives.
     

  9. i use CQG...it gets the job done for a lot less money than TT.
     
    londonkid likes this.
  10. I am also having such issues and stil looking for a optimum solution.
     
    #10     May 29, 2015