Hi all, I'm looking for a new broker to trader ES and YM futures but need help deciding what trading platform to use. So far I am deciding between Ninjatrader, AMP, or GFF Broker however they offer multiple different platforms and I don't know which one to use. What I want is just a just simple DOM platform to trade and don't need charting or indicators. I already use ThinkorSwim for charting and indicators and I really like their interface. I used to use the Turbo Trader 2 platform but it's no longer available and am looking for something similar to it. Platform I'm looking at are: https://ninjatrader.com/trading-platform/ https://www.ampfutures.com/trading-platform https://www.gffbrokers.com/platforms/type/featured/ Can anyone suggest a good platform with DOM features? Thanks
I didnt have a single issue with Ninja (only had money deposited with them a very short time so no real review) or AMP. It came down to margin requirements for me so i've stuck with AMP. I use tradingview (and really like it), but i'm no tape reader and have heard TV sucks for that.
Turbo Trader 2 was just a rebranded RCG Onyx. If you need a superfast, stable DOM then just go with Rithmic Pro, like TrAndy2022 suggested.
If this is futures-only, you could try Photon Trader. The best DOM in terms of stability and speed I have ever used. I am on Quantower most of the time, but for the major announcements arbitrage in the fast market I still use Photon. Probably the best retail has to offer. Futures only.
TT, cts or photon. I would recommend Rithmics R trader but the LTQ (last traded quantity) is still broken after all these years.
I have a bit of experience, since I am trading for 25 years. I began with the Tradestation end of the 90s. I tried to implement simple strategies with Easy Language. Of course I used also Market Depth. But there was a huge time lag or slippage in my real trades, which was not seen in the backtests. So since I was a SW Dev myself at that time, I realized, that Tradestation Securities didn't have the technology to do realtime delivery of data and RT execution. So I studied the market of platforms systematically and traded with some of them. I also tried NinjaTrader, which was in the early 2000 years the cutting edge platform for DOM Traders aside with professional tools like TT. I studied the software technologies, the kind of market access and of course the pricing. To let my recommendation not get too long for you: Finally I found Sierra Chart (which I did not know at all before) as the ideal platform for real time traders for several reasons: It is written in C from the scratch and without any object oriented overhead The Software Design is directed to performance, performance, performance The market data has one of the best quality of the market The market date is really delivered in real time Market for market they are setting up lightning fast technology (servers) within the same data centers, where the exchanges themselves are located The DMA (direct market access) provide expensive direct data flow and order execution with the exchanges skipping clearing houses (brokers) systems in between OK, the support is sometimes a bit rough and rigorous, the platform is a bit old school and the huge documentation is not easy to be read. But the pricing is affordable and the value / price relation is for me not reached by any other platform provider