Please recommend a best broker for stocks autotrading

Discussion in 'Automated Trading' started by vitaleg, Aug 13, 2010.

  1. vitaleg

    vitaleg

    Hello everyone,

    We`ve decided to create own autotrading system for day-trading. But we have zero experience in it. Could you please advise a best broker for this purpose and platform.
    We`ve chosen Interactive Brockers + Ninja Trader. I would greatly appreciate any thoughts about this pair. Thank you a lot.
     
  2. byteme

    byteme

    That's a perfectly adequate combination of broker and platform to get started quickly.
     
  3. Ninja Trader works with many different brokers. For stocks IB is fine. If you ever decide to switch to futures or forex, there are a few more options to consider. (Futures is becoming increasingly popular for daytrading for a variety of reasons, it is definitely something to look at.)

    http://www.ninjatrader.com/webnew/partners_onlinetrading_brokers.htm
     
  4. vitaleg

    vitaleg

    Thank you, guys.
     
  5. Anybody have experience with hooking up an excelworkbook to your broker. Is this even possible....??
     
  6. Josette

    Josette

    I know that Interactive Brokers has $1 trades if you use Cool-Trade, an automated trader. They also have special pricing through other brokers, but $1 is a steal.
     
  7. Occam

    Occam

    There are many ways to do this. Here is just one:

    http://www.elitetrader.com/vb/showthread.php?threadid=191918