Interactive Brokers for CTAs?

Discussion in 'Professional Trading' started by heech, Jun 18, 2012.

  1. Heech I think I told you multicharts will do this but the right broker for what you need is pfg's leader follower account.

    Btw, AON or market orders is the only type of order you should be using.
     
    #21     Jun 22, 2012
  2. I see some ways that IB is less friendly for CTAs -- what are the best firms for a startup CTA in your opinion?
     
    #22     Aug 4, 2012
  3. heech

    heech

    I think you have to figure out what you're looking for....

    - low rates,
    - customer service,
    - capital introduction.

    Depending on what you're doing, some of the above will be more important than others. No one will give you all 3. Heck, many won't even give you ONE of the three.
     
    #23     Aug 4, 2012
  4. Thanks - good point.

    No clients yet, no marketable track record, still writing up ddocs - thus far I'm with IB because of #1. I trade intraday about 15k-25k RT per $1M annually - so commish is key.

    IB is simple to set up and I figured maybe I would use them for friends & family stage just establishing a record.
     
    #24     Aug 4, 2012
  5. heech

    heech

    Yea, I'd focus on rates too. IB is in someways easier to work with.... They give you a lot of tools in lieu of service.

    You can also look into Advantage.
     
    #25     Aug 5, 2012