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Old 02-12-2007, 01:34 PM
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Re: Futures Trading and Software

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Hi all,

Just in the process of finishing up John Carter's book and am thinking of moving over to trading e-mini futures both intraday and swing trading; mostly intraday to start. I will be using Interactive Brokers (IB) as it is the best discount broker here in Canada.

I'd like to find a software package like Tradestation that will work with IB as it looks like tradestation can backtest, has charting software, automated order entry and exit, etc. all that I need along with historical data. The only problem with TS is that for me it's $250 per month (A bit steep for starting out) and I cannot open an account with them as from what I remember a few years ago when setting up my IB account, Canadians are not allowed to open US trading accounts with US firms and that is why IB opened a branch in Canada.

So it's either pay $250 per month or look for alternate solutions. Anyone have any suggestions? I was thinking Ninjatrader for order management and charting, maybe Amibroker or Wealth lab for backtesting, still need a good source of historical data for e-mini futures.

thx for your help
Freddie:
You are misinformed. Canadians most certainly CAN open accounts with US firms. All they require is for you to sign a Letter of Non-Solicitation and other standard account/tax information.

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