Which broker is best for advanced traders?

Discussion in 'Retail Brokers' started by JeremyLawson, Oct 31, 2019.

  1. Which broker is best for advanced traders? I need a high level of support and advanced platform functionality
     
  2. drm7

    drm7

    What are you trading? You can trade literally everything at Interactive Brokers, with a platform that can be customized and automated (if you know how to code), but there is zero support. ThinkorSwim (TD Ameritrade) is also very powerful, with a lot of support, but commissions (at least on futures) are very expensive.
     
    TradeZero_Billy and guru like this.
  3. pollock

    pollock

    how about short selling? ToS has this HardToBorrow thing, IB much more smoother.
     
    TradeZero_Billy likes this.
  4. gaussian

    gaussian

    Interactive Brokers for instrument variability. They are the only place I've seen offer what appears to be an actual menu - namely they offer everything from futures, to warrants, to exotics, to swaps, to convertibles. Their margin rates are nearly impossible to beat and their commissions are astonishingly low. Moreover, they offer an API where you can data mine to your heart's content.

    However, they aren't very good at "one thing". I trade options at IB. My experience with AMP futures was incredible - but they only offer futures. You can ping a bunch of the different sponsors and ask them about their platforms - but I'd move away from ToS. I've never gotten good execution with them.
     
  5. %% Most any will do well for swing +position trading;
    if you have to have phone support, its a much different answer.................................................................................................[I've used+satisfied with IBKR, ALLY ,AMTD, Options EXpress+ others] IBKR chart volume was wrong but consistant so its still OK.
     
  6. MattZ

    MattZ Sponsor

    We took some customers from discretion to API Trading to leased seats on the CME while placing them with highly capitalized FCMs.
     
  7. TradeZero_Billy

    TradeZero_Billy Sponsor

    Visit: tradezero.us
     
    murray t turtle likes this.
  8. Can you explain why your principal financial officer has 75 (not a typo) jobs in 32 years of which 5 were expelled and currently hold positions with 2 firms?

    Your head of compliance 10 firms in 18 years where it looks like 2 were expelled

    https://brokercheck.finra.org
     
    murray t turtle likes this.
  9. Define an advanced trader.
     
    GuerrillaTrading likes this.
  10. trader99

    trader99

    I have been using TZ and it has been great. Until you guys switched to Apex clearing. Now there's some issues everyday. When will the issues be fixed??
     
    #10     Nov 8, 2019
    TradeZero_Billy likes this.