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Old 01-17-2008, 09:16 AM
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Re: Tradestation: The good, the bad or the ugly?

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If you are looking for a cheap solid service Infinity is great. I have never had a problem with their execution and their charting software is only $26/mo. Even during FOMC announcements I have had a flawless feed. (Futures only though)

I have heard good things about OEC but have not used them. From what I have heard they sound very similar to Infinity with their quality of service.
All things being equal, OEC's platform is FREE along with FREE data. Not sure if Infinity offers their customers FREE data to just about any exchange/contract you could want. That's a big deal for many since data fees can be one of the larger expenses of a trader's budget. Removing ALL data fees is a nice thing.

Does Infinity offer free data as well? I have no idea.

I think that's the difference between an OEC and Infinity vs. a Ninja or TT - since they are going to make their money on the commissions side, they can afford to give away or charge little for data/charting whereas a Ninja must charge for the product b/c they are not making money on the brokerage side.

Not too mention, I believe Ninja can cost as much as $700/mo depending on volume and such. I was paying $500/mo for T4 and eliminating that extra fee has saved me $6k a year.

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