Tradestation credit interest rate

Discussion in 'Retail Brokers' started by detective, May 18, 2006.

  1. mktman

    mktman

    mymini

    how long have you been using multicharts?
     
    #41     Jul 1, 2006
  2. humble1

    humble1

    Are there any charting programs out there that have trendline alarms, continuous contracts with automatic data adjustment at rollover, and clean sharp graphics that run off IB? I would be interested in seeing those so I could get away from TS. Thanks.
     
    #42     Jul 2, 2006
  3. xyannix

    xyannix

    To get your money, just call tradestation and they will send you out a check. They charge $14 to overnight it or free for regular mail.
     
    #43     Jul 2, 2006
  4. Multicharts does not seem to have backtesting, portfiolo level testing or Money Management from the web site and the product reviews are 'iffy' at best. I am still looking at TradersStudio, but I have not decided whether that is the direction I want to go yet.

    Does anyone have comments about TradersStudio's Technical Support?
     
    #44     Jul 2, 2006
  5. Try Medved's quotetracker. No continuous contracts, but it has everything else on your list, and way more things that should be on your list, but which you haven't yet considered. QT is free! Give it a try.
     
    #45     Jul 3, 2006
  6. humble1

    humble1

    I am familiar with QT. Since it does not meet my limited needs on my list of "charting" programs, and it freezes a lot, no thanks. I am willing to pay for a good product.
     
    #46     Jul 3, 2006
  7. taowave

    taowave

    I purchased Traders Studio 3 weeks ago,and have to say their technical support is excellent.As i am a beginning programmer,I had many questions regarding the language and how to code,and not only was tech support extremely patient,but Murray got involved and went out of his way to assist me.
     
    #47     Jul 3, 2006
  8. #48     Jul 14, 2006
  9. There's gimmick for IB too.

    IB's interest rate is somewhat less attractive if you take its interest calculation into account.

    The calculation is a bit complicated because the interest is calculated on pro-rate basis(which is very different from other brokers and banks).

    For the first $10,000, you get no interest.
    For the next $90,000 (100k-10k), you get benchmark interest rate - 0.5%.
    for the rest, it's benchmark interest rate - 0.25%

    So, as you see, you may think the first $10,000 is "robbery" too - no interest at all.

    This calculation method applies to other fees and commissions - higher for the first tier, then it goes lower and lower at each tier.
     
    #49     Jul 14, 2006
  10. I purchased tbills in the TS account. I'm confused about the accounting though and was hoping someone else who's done this can corroborate my experience

    Where does the 5% non-marginable portion of the bills get accounted for? It appears to come out of 'securities on deposit' and thus 'real-time account equity' without appearing anywhere else.
     
    #50     Jul 16, 2006