I am currently on Streetsmart edge and really like it. I am not crazy about the TOS level 2 . It seems to be missing a lot of data. I have heard of DAS and Sterling having good level 2.
We offer Lightspeed and Sterling. Both have a Level 2 display. Lightspeed offers a Level 1 Bundle which, in a level 2 window, shows all the exchanges and ECNs one time. We also offer Level 2 data. On Sterling, we have no bundle but you get a choice of some Level 1 and many Level 2 including Nasdaq Total view vs just Level 2. Total view shows all the market makers vs just 30 levels. All level 2 data is very expensive.
Go Jigsaw if you can. They have a very sophisticated DOM with a lots of settings to choose from. But it lacks any programming language behind it. NinjaTrader 8 has a very basic DOM, but there is 3rd party DOM called SuperDOM by https://tradingorderflow.com/ that at least looks dog's b...ks and apparently it had 10,000+ sales. Its cheaper then Jigsaw. Good thing about this combo is that you get C# programming language under the bonnet. Because, you know, one day you want to stop sitting in a front of screen whole day, and you want to start automating a bit.
This is our Level 2 display using the Level 1 Bundle. Below that is Level 2 with 5 levels of NASDAQ but 1 level of the others. I can't show the entire window.
I checked lightspeed. It is fine but I am looking for free trades or almost free trades. So far besides the big one like Fidelity, TOS, I have found Tradezero. I think they are free if you have more than 250K
tradezero is a joke. $0 option comms but $0.59/contract “fees” are not comms? Yes, a few cents in regulatory and exchange is in the $0.59 rate. A scam.
There seems to be some coralation between not so good daytrading platforms and comision free brokers. I think the level 2 data quality is at the same level in DAS, STERLING and LIGHTSPEED. 1.So, it is maybe more which platforms you can use, with comision free brokers. 2. Hotkeys needs/ programing skills 3.Chart quality/scaners 4. Price of platform. 5.News intergation/ maybe 6. Software bugs Many people use DAS with Chales Swab. DAS get new upgrade 3-4 times a year. You can see on the DAS website, which thing that have been de-buged with each new upgrade