Login Page - Create Account

Support Board


Date/Time: Sun, 19 May 2024 02:02:20 +0000



Post From: Which IB/FCM for new user?

[2021-06-04 00:06:14]
skellington - Posts: 14
Hi,

I've done my research in the documentation and for my situation (want to trade ES exclusively for now, US citizen located in US) I'm looking for the best integration of Sierra Chart with data/IB/FCM/order-routing and based on what I've read the preferred path by SC is:

[PLATFORM] Sierra Chart service package 12 (SC advanced + MBO + Denali data) [$56.00/mo]
[ROUTING] SC Futures Order Routing Service w/ Data [$0.10 per contract per side]
[DATA] Denali - Full CME Group w/ market depth for non-pros [$31.20/mo]

But I'm stuck on the IB/FCM part. To use the SCFutures Order Routing Service w/ Data, SC recommends the following IBs/FCMs:

Advantage Futures
Dorman Trading
ED&F Man Capital Markets
Stage 5 Trading
Phillip Capital
Edge Clear
AGN Futures
Trade Pro Futures (www.tradeprofutures.com)
(Any other futures clearing firm supporting Trading Technologies)

Is there a preferred choice from the above list based on order speed (if there is any impact), trade report quality, customer service, reliability, low margins, low cost, etc.? I'm guessing that SC wants to stay somewhat neutral to IBs/FCMs, but there must be informed opinions available based on years of experience with the above.

Did I forget anything in the selection of platform, routing, data? Are all costs accounted for?

Thanks!