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Thinkorswim & Tradestation

  • #1
  • First Post: Apr 27, 2009 11:22pm Apr 27, 2009 11:22pm
Was wondering if anyone trades fx with thinkorswim or tradestation. Tradestation appears to be quite a solid company and their brokerage appears to be even cheaper than oanda for fx something like $3-$4 a standard lot ! Thinkorswim is similar. Both have the highest number of positive reviews on ET. Actually beating both MB and oanda

Does anyone know if they cater to the interbank/OTC fx market and if so does anyone trade with them? I would have asked them but their live support is closed right now so I thought I'd post here as I usually get much better info here than at the live help anyway.
  • #2
  • Apr 28, 2009 5:21am Apr 28, 2009 5:21am
According to almost everyone is one of the most honest and reliable broker that there are, really good for trading futures.
I don't know for trading live forex, I tried a little their demo, i don't like their platform, but if the live orders works like on demo they are the best.
The concern that was raised recently is that they was acquired by TD AMERICA, and that their service will not remain as it was, even if they say that nothing will change.

Lubo.
If I know how, I tell You!! Few but Good!!
  • #3
  • Apr 28, 2009 6:49am Apr 28, 2009 6:49am
Quoting LuboLabo
According to almost everyone is one of the most honest and reliable broker that there are, really good for trading futures.
I don't know for trading live forex, I tried a little their demo, i don't like their platform, but if the live orders works like on demo they are the best.
The concern that was raised recently is that they was acquired by TD AMERICA, and that their service will not remain as it was, even if they say that nothing will change.

Lubo.
Lubo thanks appreciate the reply. Well I chatted with live help. It seems there spread for eu are around 3 pips (no commsions) during normal market activity. Wish they had mentioned this clearly on their forex page. Not only that they were actually quite rude. Doesn't seem to be viable to trade fx with them. If I pay astronomical spreads I'd prefer IBFX atleast they offer MT4 and are much much more helpful and polite on live chat.

So long for thinkorswim.

Looking into tradestations. On their brokerage page they've given examples of how the commision comes out to around $3 for a standard lot of EU. Seems to good to be true, anyway as they dont appear to have live support I've emailed them for further clarification. Lets see
  • #4
  • Last Post: Apr 28, 2009 7:30am Apr 28, 2009 7:30am
Quoting fugly
Lubo thanks appreciate the reply. Well I chatted with live help. It seems there spread for eu are around 3 pips (no commsions) during normal market activity. Wish they had mentioned this clearly on their forex page. Not only that they were actually quite rude. Doesn't seem to be viable to trade fx with them. If I pay astronomical spreads I'd prefer IBFX atleast they offer MT4 and are much much more helpful and polite on live chat.

So long for thinkorswim.

Looking into tradestations. On their brokerage page they've given examples of how the commision...

If u have $10.000 fund account, and u trade with more than 0.2 lots per position, go with Interactive Broker.

Lubo.
If I know how, I tell You!! Few but Good!!
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