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Looks like Swiss citizens are in luck with with opening an Tradier account. 

What trading platform are most of the Tradier users here actually using ? Tradiers own plattform ? OptionNetExplorer ? TradeHawk ?

Is live data also included in the flat fee package ?

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5 minutes ago, Daisy said:

 

Thank you. Is there any way to see real prices for filled option trades?  I looked at Time and Sales but I could only see quotes there and not the actual executed trades.  Something similar to the TOS table posted by one of the SO members?TOS.png.

 

Those look like the actual trades.

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11 minutes ago, Daisy said:

Yes. Would it be possible to see the actual trades in IB similar to TOS?

Last time i checked IB, i could not find something similar to the 'Option Times&Sales' from TOS which gives you all the option trades of the current day on a symbol.

On IB TWS, there is a 'Times&sales', but it's for a specific combo option, or individual options. Not all the option trades on that symbol.

This is why i keep TOS around along with TOS thinkback to see the historical option chains.

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11 minutes ago, Djtux said:

Last time i checked IB, i could not find something similar to the 'Option Times&Sales' from TOS which gives you all the option trades of the current day on a symbol.

On IB TWS, there is a 'Times&sales', but it's for a specific combo option, or individual options. Not all the option trades on that symbol.

This is why i keep TOS around along with TOS thinkback to see the historical option chains.

Thank you.  Unfortunately I’m unable to open TOS as I’m based in the UK.  Would help so much to see real trades executed.

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As i mentioned earlier i am a Fidelity user with a 10K account and was wondering how it compared to commissions paid if i was using Tradier. As no one replied i went ahead and created a spreadsheet which simulates the commissions paid for both Fidelity and Tradier accounts for a 10k, 20k, 30k and 40k account. 

 

The findings are based on the trades i made from Jan 1 2020 to Feb 12 2020, which follow 90% of the official trades posted. The trades i don't make are the ones where i am too far off from the posted entry price and avoid chasing. 

 

It assumes 0.35$ per contract with a 5.00$ minimum for single leg and 7.00$ minimum for multi leg with Tradier and a 0.65$ per contract using Fidelity. It of course does not take into account different fill prices that would've been obtained using each broker and assumes the Fidelity fills were obtained for both.

Here is a summary of the findings:

Commissions paid Jan 1 2020 - Feb 12, 2020:

 

10K account:

Fidelity: $328

Tradier: $652

 

20K account:

Fidelity: $657

Tradier: $682

 

30K account:

Fidelity: $986

Tradier: $744

 

40K account:

Fidelity: $1315

Tradier: $845

 

The trend continues with Tradier being more and more competitive as the portfolio size increases with the break even point being around the 20k portfolio size. 

 

 

 

 

 

 

 

Edited by slego

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3 minutes ago, slego said:

It assumes 0.35$ per contract with a 5.00$ minimum for single leg and 7.00$ minimum for multi leg with Tradier

What? Tradier has special offer for SO members - $10/mo for commission free option trading (so you pay only exchange and regulatory fees, around 11 cents per contract).

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2 minutes ago, slego said:

Wow, I had no idea, well i guess the analysis applies only then to without the special offer. 

$10/mo might be possible, but it limits you to the evry minimalistic Tradier website as a trading tool. I would suggest you assume $60/mo to include tradehawk. It's still an amazing offer.

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Is anyone aware if Interactive Brokers has any partners for UIs like TradeHawk with Tradier? 

I've personally decided to move away from Tradier, but man once you get used to a nice quick options UI it's frustrating to move back.

Or maybe IB has tools to let you set up faster trades yourself?

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@Sirion, did you have a chance to look at OptionNET Explorer? I use it with TWS all the time. ONE has a very user friendly GUI, they could do slightly better expiration cycle selector and adding some feature to modify existing Model position in a TOS way would be helpful. But besides than that, ONE's option chains are the most simple and intuitive that I've seen in option software packages (with the only exception of OptionVue).

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UPD: I looked at ONE's expiration cycle selector. Found that if I right click on it, ONE displays the full list of available terms, so we don't have to scroll back and forth looking for the particular cycle. I did not know of this feature existed. Nice!

image.png

 

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Anyone working with ONE. I have neve

33 minutes ago, Stanislav said:

UPD: I looked at ONE's expiration cycle selector. Found that if I right click on it, ONE displays the full list of available terms, so we don't have to scroll back and forth looking for the particular cycle. I did not know of this feature existed. Nice!

image.png

 

Stanislav, have You ever been able to use the monitor dock and monitor grid One features properly?. My open positions seem to show T=0 setup. Maybe my laptop time and/or zone should be set up differently?

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2 minutes ago, Javier said:

Anyone working with ONE. I have neve

Stanislav, have You ever been able to use the monitor dock and monitor grid One features properly?. My open positions seem to show T=0 setup. Maybe my laptop time and/or zone should be set up differently?

@Javier, First of all I use latest BETA version of ONE as I found it works better than a release version (for example I had a trouble placing VIX trades from ONE v1 - needed to switch to IB chains for this).

Next, I configured ONE to show only one expiration cycle at a time:

image.png

 

This way it is easier for ONE to meet IB's max number of realtime lines requirements. So ONE works much more stable with only one chain in GUI.

 

Finally, no, I do not now use Monitor Grid and Monitor Dock features, mostly because when I have a large number of positions opened, these features tend to quickly exhaust "IB max realtime lines" and start working incorrectly, so I need to restart ONE and TWS datafeed to fix it. I decided it is easier to just watch at "UNRLZD P&L" column on TWS Portfolio page. This works well for simple SO setups.

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