TC2000 as a broker

Discussion in 'Trading' started by ceaser, Jan 19, 2025.

  1. ceaser

    ceaser

    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.
     
  2. flash crash

    flash crash

    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.
     
  3. ceaser

    ceaser

    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.
     
    flash crash likes this.
  4. VOLdemort

    VOLdemort


    Ridiculous comms.
     
  5. flash crash

    flash crash

    For an active trade the commission seems extremely high, does it not?

    I wonder if they attract many active traders?
     
  6. SunTrader

    SunTrader

    :D :D

    Prince (Party like ...."), if he were still alive, prolly would trade with them.
     
  7. ironchef

    ironchef

    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.
     
    Math_Wiz likes this.
  8. Mark2m

    Mark2m

    I have been using IB for the past 11 years and TC2K for over 20 years. I have never entertained using TC2K as a brokerage even with IB as a conduit. What I have had difficulties and also trade is with Fidelity. I use Fidelity strictly for long term equities, BDC, ETF's, CEF's. As to a free lunch with Schwab or Fidelity what I found is unable to work with the spread bid/ask. With IB I usually will find a good place to bid the spread while with Fidelity most of the execution seems on the high side with anything beyond a .30 cents spread. Does anyone else run into that issue.
     
  9. ceaser

    ceaser

    Mark, do you use active pro trader on fidelity. I've tried it and think it is horrible.
     
  10. Mark2m

    Mark2m

    No because visually it sucks, limited to three colors if I recall, plus as usual charts wether IB or Fidelity forces you to go to 3rd party. My major complaint with TC2K is very poor fibs.
     
    #10     Jan 25, 2025