DrBG

Yes--I recall being confused by the same issue and someone pointed me in the right direction on this forum. Basically just email their customer service. They have a Docusign type form that gives an IRA agreement with Apex Clearing for use of limited margin. This allows level 3 access with Roth IRA accounts. Kinda necessary, otherwise buying power issues will eat you up everywhere.

I have a taxable and Roth IRA account. I pay $40 from each, and there is an additional $60 fee that comes out of my taxable account to pay platform fees for TradeHawk for use with both accounts. I do not have infinite equity trades with TradeHawk, just options due to the SO discount (which is fine by me as I prefer IB for stock/equity)

My only issue with this approach is that depending on your position sizing it could eat up all your buying power quickly even for orders that don't end up with a realistic chance of going through. Interactive Brokers lets you place multiple orders for "lucky fills" and if your buying power diminishes to where subsequent orders can't get filled, they are rejected. If there were a way to take advantage of this with Tradier I would want to know.

Glad we're having a discussion to figure out some best practices -- I think the issue is more central to how Tradier processes fills and orders. If you look at the web interface when a partial fill is executed, the order can no longer be edited to adjust the limit price. It seems like a cancelled and repopulated ticket is the best thing software using the API can aim for...I didn't know about that trick, but it saves a lot of time for complex spreads. I will likely be investigating TradeHawk at some point to use this. Thanks to Simon and everyone for your suggestions.

Question on Partial Fills with Tradier One question I have for people who've explored the various platforms for Tradier (I apologize if this is touched on elsewhere on the forum--didn't come across it in a quick search) I have issues completing trades when the order size is large due to the need to cancel and re-enter the order at a different price. Interactive Brokers TWS and mobile allow a quick toggling to try to fill more of the order and seem more practical when scaling up. Otherwise I love Tradier for my small Roth account where fills are small. Do TradeHawk or any of the other platforms allow quick toggling of the Net Credit/Net Debit to try to convert a partial fill into a full fill without having to re-enter the order de novo? It would be a game changer for a larger account in my opinion.

Does TradeHawk offer support for Options on Futures/Futures positions? Do they also integrate with Interactive Brokers? If not, there may be an advantage for whenever Optionnet Explorer incorporates some support for monitoring P/L for futures on options positions (whenever that will be), even if the execution prices have to be entered manually.

Has anyone tried to open a Roth IRA or other type of IRA at Tradier for Options Trading? Right now it seems to have some disadvantages relative to IB after testing it out for a day. They do offer the same $40 per month deal but... Every trade seems to need to be cash secured...the buying power rules seem to be weird and ALWAYS protected for assignment. Limiting losses with spreads like put spreads, call spreads, iron condors, or calendars seems to make no difference in how they compute buying power. This seems to make the straddle/short strangle approach we use less viable, as well as calendars. All of these trades may need to be done in an IRA account with limited margin, like IB. Just sticking to long straddles and there may be some benefit. I'm thinking about dividing my options IRA money between IB and Tradier, and using IB for condors/calendars as well as straddle/SStrangle combos, and using Tradier for straight straddle plays. I may just have to watch the straddle/short strangle positions on here until later and enter about a week before earnings... Has anyone else run into this issue and found a solution? I apologize if this has been answered before. edit...maybe it's just a question of level 3 options... i've read they approve it for IRAs but we'll see