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gowthamn

Broker for my requirements

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I see a HUGE thread related to broker selection. But it is difficult to find an answer for my requirements.

My requirements are:

  • I do NOT care about advanced analysis and P/L diagrams. I have another software for that. Just need to execute orders.
  • Fills should be comparable to ToS. So fills should be good.
  • Has to have an android mobile app which can do multi-leg (up to 4 legs) trades.
  • My current commission with ToS is 0.5 per contract and I have no ticket fee. Looking to reduce the brokerage drastically.

 

Any suggestions?

 

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17 hours ago, gowthamn said:

I see a HUGE thread related to broker selection. But it is difficult to find an answer for my requirements.

My requirements are:

  • I do NOT care about advanced analysis and P/L diagrams. I have another software for that. Just need to execute orders.
  • Fills should be comparable to ToS. So fills should be good.
  • Has to have an android mobile app which can do multi-leg (up to 4 legs) trades.
  • My current commission with ToS is 0.5 per contract and I have no ticket fee. Looking to reduce the brokerage drastically.

 

Any suggestions?

 

I really like ib's mobile platform.  In fact I dont know last time I actually loaded TWS up on my laptop.  Very quick and easy to put spreads together. I haven't checked out tastyworks yet, but their product selection does not compare to ib at this time.  As far as commission cost I really don't know for sure I don't pay too much attention to it I just know they are very competitive but in the Forum Kim mentioned are a few other options that would save you money in this regard

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I'm using tradier/tradehawk. I'm told a mobile app is in the works. But till then I've been doing a remote connect to my desktop (always connected at home) from my phone to access tradehawk. Its clunky but definitely works. I've definitely saved a lot in commissions.

I've used Robinhood as well in the past but fills can be iffy and sometimes you have to go in 5 cent increments which is a big turn off. 

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3 minutes ago, mimbe said:

I'm using tradier/tradehawk. I'm told a mobile app is in the works. But till then I've been doing a remote connect to my desktop (always connected at home) from my phone to access tradehawk. Its clunky but definitely works. I've definitely saved a lot in commissions.

I've used Robinhood as well in the past but fills can be iffy and sometimes you have to go in 5 cent increments which is a big turn off. 

So Tradier is comparable to ToS for fills?

 

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