Question about slippage and Fidelity

I currently use Fidelity to day trade .05 to .10 cent scalps. I have never used another brokerage so I don't know if Fidelity is any good or not. But typically, I'll execute an order and it will get filled within 4 seconds and its within .02 of the price I wanted (Usually just .01 within)

Is this good?

What is the best brokerage out there that executes the trades the fastest for a retail investor?

Thanks

 

http://lmgtfy.com/?q=best+retail+brokerage+execution

 

I deal with Fidelity too. They're expensive at $19.95 per trade. I also deal with Scottrade ($7), TD Ameritrade ($9.99), and Charles Schwab ($12.95). They're all fine with regard to the speed of execution.

 

To be fair, if you're day trading with Fidelity, you'll be in the $8.00 commission category, or at least the 10.95 one.

http://personal.fidelity.com/produc...gin_Rates/Commissions_Margin_Rates.shtml.cvsr

 

I am in the $8 category. Was just wondering if fidelity was decent. I hear good things about lightspeed.

 

My biggest annoyance with Fidelity is that the cost basis in ATP only updates once a day. Other than that, I think they're great.

I tend to use Fidelity for my longer term swing trades and IB for day trading.