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Date/Time: Thu, 25 Apr 2024 17:50:30 +0000



[User Discussion] - Commission-free equity brokers

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[2021-05-13 12:50:12]
User96296 - Posts: 28
If I remember it right, at one point SierraChart did ask us which commission-free equity brokers we would like SC to work with. I know so far SC works with InteractiveBrokers Pro which is not commission free.
You might like to work with equity brokers with following three criteria:
1) Commission free
2) Large, reputable brokers where clients' money are safe and user bases are large.
3) Give traders direct access of exchanges (NASDAQ, ARCA, DirectEdge,etc.) so that our orders are filled with decent prices.

I have two equity broker accounts that meet all three criteria. They are Charles Schwab and Fidelity. I know they are gorillas in the industry. I'm a long time SC user (about 15 years). And I see SC a perfect match tool for they. If they're willing to work with you, you might build a very large SC user base. You don't need to use their data since you're working on Denali with Nasdaq feed. Just the equity clearing with them.

Thanks!

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