I have been using TC2000 for a number of years now and love it. They have recently redone there trading commissions. Does anybody use them as a broker? They seem to send they're orders thru Interactive Brokers. Do you get quick buys and sells.
What are their commissions like now. I looked into them back in 2020 and an older trader I met on twitter told me that both their charting software and their commissions hadn't advanced past 1999.
The latest commissions are: Small Trader: $1 trade + .005 a share / Options: $1 + .065 cents a contract Active trader: $5 trade + .001 a share / Options: $ 5 + .035 cents a contract For a small trader the commissions seem reasonable.
For an active trade the commission seems extremely high, does it not? I wonder if they attract many active traders?
Schwab has been commissions free for a few years now. Options are lower too. After day trading live, I am now PDT, still zero commissions for day trading names or ETFs.