Of the API broker extensions you offer, which one would be best for my style of trading?? I'm trading U.S. equity/ETF position sizes of US$60,000(only long trades and only one trade at a time), bracket orders with trailing stops and take profit orders, day trading approx. 2-3 signals a day. Broker must have a phone# for customer support. I'm looking for a broker with good execution(low or no slippage) & low commissions. TY for any suggestions!
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For automated trading, the current options for intregrated brokers are IB, TDA, Alpaca, and Tradier.
IB has low commissions, but the others have $0 commissions for stock/ETF trading. There may be a group of ETFs that are commission-free at IB.
I only have experience live trading with IB and TDA. There is always some delay from end-of-bar > strategy execution > place orders > transmission delay to broker that will influence slippage. Between IB and TDA, IB is much faster to execute a market order.
For streaming data and intraday history, see this article: https://www.wealth-lab.com/blog/wealthlab-data-providers
IB has low commissions, but the others have $0 commissions for stock/ETF trading. There may be a group of ETFs that are commission-free at IB.
I only have experience live trading with IB and TDA. There is always some delay from end-of-bar > strategy execution > place orders > transmission delay to broker that will influence slippage. Between IB and TDA, IB is much faster to execute a market order.
For streaming data and intraday history, see this article: https://www.wealth-lab.com/blog/wealthlab-data-providers
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