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Date/Time: Thu, 28 Mar 2024 14:03:36 +0000



[User Discussion] - maximum benefits form Sierra chart

View Count: 678

[2021-07-14 18:23:37]
User739678 - Posts: 2
acutally , i've account with tradestation , but they don't have volume profile tool, i loved your Sierra chart.
but unfortunatly , i'm not satisfied with the way you introduce it to us.

there is a kind of confusion out came of the huge detailed , not straight forward description for the answer of the following question . what the most reliable broker and data feed that produce the most benefit results for SC.

for more illustration:

I've opened an account with AMP futures. unfortunately, i discovered that some Features no longer supported by SC.

please , i need a Concise and direct answer for the Question " what is the best Broker that match and produce maximum outcome of SC?
[2021-07-14 20:03:07]
John - SC Support - Posts: 30404
what is the best Broker that match and produce maximum outcome of SC?

We do not make recommendations on which broker to use.

We will leave any further comments to rest of our customer base to give their opinions.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-07-15 22:45:11]
Sawtooth - Posts: 3952
what is the best Broker that match and produce maximum outcome of SC?
In my opinion, it would be one of the brokers that support this service:
Sierra Chart / Trading Technologies Futures Order Routing Service

The list of brokers that support this is here:
https://www.sierrachart.com/index.php?page=doc/SierraChartOrderRoutingServiceWithData.php#SetupInstructions

Some on the list are Futures Clearing Merchants (FCM), some are Introducing Brokers (IB).
You can deal directly with an FCM, or through one of their IBs. IBs may offer more services and be more client-focused.

So the final decision is up to you; no one can say what is best for your situation.
[2021-07-16 00:49:05]
Tonkadad - Posts: 235
Hi Tom,

Any suggestions on how to compare the list of brokers to narrow down the options. I have been with IB forever, haven't had any issues.

Seems like SC would like not to be associated with anything to do with IB.

I am trading from Hawaii so not sure if there would be any positive impact to changing brokers or if the listed benefits of going with
the SC futures ordering service would make a difference based on my location.

Any input always appreciated.

thanks
[2021-07-16 01:21:28]
Sawtooth - Posts: 3952
I have been with IB forever, haven't had any issues.
I don't want anyone to confuse Interactive Brokers with Introducing Brokers.
The former is a FCM/broker, the latter is a term for an intermediary business between a trader and a clearing firm.

If you are not having any issues, I'm not sure you need to change anything right now.

If you want to change brokers eventually, I'd wait for Sierra's direct order routing to be released.
Now Released: Upcoming CME Direct Routing
[2021-07-16 03:00:43]
Tonkadad - Posts: 235
As you know you are correct regarding IB = Introducing Broker and IB = Interactive Brokers, same abbreviation, different meanings.

Re-read the thread (Now Released: Upcoming CME Direct Routing) in post #9 it details the basic differences of order routing thru TT and CME direct.

I hope the CME order routing project is moving along smoothly and will be functional sometime this year.
[2021-07-16 06:54:12]
Sierra_Chart Engineering - Posts: 13607

I hope the CME order routing project is moving along smoothly and will be functional sometime this year.
Yes it is. We are doing just fine with the project and we are working with several clearing firms on this. We are not pushing this too fast and going at a reasonable pace. And for good reason, because there are technical improvements along the way being made which are critical.

In regards to the first post, can you tell us what exchanges you want to trade on?
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2021-07-16 06:54:41

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