Ironbeam Free Level 2 Data Controversy

Discussion in 'Data Sets and Feeds' started by Max Gains, Jun 21, 2024.

  1. Max Gains

    Max Gains

    Jigsaw is one of the best order flow software packages out there. Usually you have to pay for data separately but the way I'm going to try and do it, the data will be free. I'll keep you posted on the results.
     
    #11     Jun 27, 2024
    rbigsby likes this.
  2. Max Gains

    Max Gains

    Ironbeam generally have a good name. I've opened an account with them so I'll keep you posted on how my game plan is progressing.
     
    #12     Jun 27, 2024
    danw likes this.
  3. danw

    danw

    Hi,
    Curious if you're running under and entity (company, trust, LLC etc) or just an individual?
    IBKR charges me a fortune for data because they think using an entity for tax reasons makes me a pro :(
    So I'm looking to change brokers, this ironbeam deal sounds like a great thing but I don't know if they'll accept an entity, I might contact them but curious your opinion how it's going so far.
    Cheers
     
    #13     Jun 30, 2024
  4. Max Gains

    Max Gains

    I'm running under individual.
    I also have an IBKR account which I intend maintaining and only depositing the minimum amount in the Ironbeam account.
     
    #14     Jul 1, 2024
  5. danw

    danw

    ok thanks, I contacted Ironbeam and seems decent.
    Just need to find out their interest rate if can still earn interest on cash balances, and if can create/quote on custom price spreads.
     
    #15     Jul 2, 2024
  6. Max Gains

    Max Gains

    I would be reluctant to hold large sums as their ratings and safe place to hold funds is no were close to IBKR.
     
    #16     Jul 2, 2024
    danw likes this.