TDAmeritrade (with their Thinkorswim platform) also allows you to mix types of trades within the same account, unlike some other brokers. And platforms that require separate accounts to trade Futures vs Equities may impact those with smaller accounts as they try to maintain a balance above the 25K Pattern Day Trader limit. Those who are trading in an IRA may also like the flexibility and ease of trading that TDAmeritrade offers. For example, a Futures trader may feel that the low margins that NinjaTrader offers on Futures are important and justify paying for data and the license fee that NinjaTrader requires for full access to their platform's features, while an option spread trader may find the ease of working with options and spreads in thinkorswim with its free data and a no-fee platform to be more important, though they may pay higher commissions and require larger margins. The decision is also dependent on the asset classes that you want to trade. if they use a Mac or if they prefer to use a tablet or mobile device), and many other factors. There are many pros and cons to consider when choosing a trading platform, including the cost of data, commissions, platform license fees, support for retirement accounts, support for accounts outside of the United States, licensing fees, the responsiveness of their support team when you need help, the look and feel of the interface, compatibility with their hardware (e.g.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |