[Freddie]

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

tradestation is only 120 to 140 a month with emini account. FLX

[Freddie]

FLX,

Can't open a brokerage account with them from Canada plus I'm happy with IB right now thus the $250 per month fee.

[GCB]

I've heard MultiCharts is good, but I'm not sure if it's cheaper. Supposedly it will run tradestation EasyLanguage code.

[Soultrader]

Freddie,

tradestation waves the platform fee if you place more than 10 trades a month with them. So you will be only paying for exchange fees.

I am not sure what your options are there in Canada but you should try to get a platform that allows bracket orders, OSO orders like Ninjatrader or Infinity AT.

Multi chart is good with ninji trader data feed the fastest on the planet. We clock them and ninji trader is the fastest!

One problem if multi chart go"s down, can you get service help like tradestation to put it back on line!

[Minetoo]

Originally Posted by Freddie »

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.

You might be interested in trading on the Infinity AT. This is the platform my firm produced. It's nice because it's free, intuitive to use and you can try a real time demo of it. A few traders at Trader's Laboratory are already using it. You can try it here Infinity AT

What got you interested in trading?