Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.


Broker With Good Software

Recommended Posts

Can someone tell me a good broker for trading mostly stocks? I'd like a broker that has free software and free EOD data. I'm really wanting some software that has good search features to find stocks that meet my criteria I don't intend to trade more than a few trades a year.

Share this post

Link to post
Share on other sites

Could you elaborate more on your use of such information? Sounds like you'll be a position trader or trend follower.


I tried several brokers and Interactive Brokers has been the best for me by far. I think its scan feature is pretty good and it can interface with third party software--even MS Excel! Data feed is really good too.


You can also get free EOD data from Kinetick but I'm not sure if that's only exclusive for Ninjatrader 7 users.


If you elaborate I could probably help you out more or perhaps hopefully someone already knows a broker that gives you all that.

Share this post

Link to post
Share on other sites

Right now I am using Worden TC2000 for stock scanning and it's everything I need in that regard. The problem is it isn't free. I use it to quickly flip through stock charts within certain sectors. So if I identify a sector which I believe is poised to move, I can easily pull up a list of stocks within that sector (usually by loading the index with all stocks that make up that index) and quickly flip through them to find patterns. This quickly flipping through groups of stocks is the most important for me by far.


I also like to use it to search for things like high dividends etc.


For charting, I like NinjaTrader. I don't have a need to change this but if the package had good scanning capabilities plus user friendly charting like NT, that would be even better.



Share this post

Link to post
Share on other sites

Hmm I'm not sure you'll find a broker that can match all third party features and roll it all into one--I guess that's why there are third parties.


I think a great broker coupled with free services will work.


Have you tried Finviz screener that's free? I used to use it. The scans are not as comprehensive but maybe because it's free but at least it you can setup your parameters then go to the charts tab after you get the results and you'll see all the charts for each individual stocks that meet the criteria.


Check it out and let me know. It'd be interesting if someone does know a broker that has all in one package.

Share this post

Link to post
Share on other sites
Guest muhitalam



I'm not sure you'll find a broker that can match all third party features and roll it all into one--I guess that's why there are third parties. Have you tried hotforex. Hope that`s help you.


Very much looking forward to hearing from you

Share this post

Link to post
Share on other sites
what software are we exactly talking about. i got a bit confused there.


stock trading software, you may confuse because some 'silly' poster, recomend a forex platform. what he intend to search is a stock trading platform with screening feature, while most stock screening website cost member subscribtion..

i can't tell much, since i dont trade stock, but i know exactly what he looking for.

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Topics

  • Posts

    • I traded alot today. 9 trades, 8 losers and BEs, 1 runner that paid for them all. Gotta keep swinging! totaled 240 bps before commission. The first winner on W, I did not count - it was a mistake that led to profit. I felt like a machine, kept pulling the trigger, watch the 1min chart, see it doesn't go anywhere, take my small loss... over and over... then one takes off... Let it run... the whole time I was thinking I hope that the one winner will pay for all the losers. I was tempted to close out the winner early. I had no idea that the payoff distribution for this strategy would be so extreme - 8 tiny losses before hitting a big win. Pays to keep the losses tiny and keep swinging. 
    • Date : 22nd February 2019.

      MACRO EVENTS & NEWS OF 22nd February 2019.

      FX News Today Both Topix and Nikkei, declined during the Asian session, with -0.25% and -0.18% respectively. Overall, stock markets in Asia struggled through most of the session as subdued inflation data rekindled concerns about a lack of demand and flagging growth and after Wall Street closed in the red. News that US President Trump will meet with China’s top trade negotiator today in Washington seems to have helped Chinese markets to stage a late rally and CSI 300 and Shanghai Comp are up 1.76% and 1.51% respectively and the Hang Seng also managed to claw back losses and is up 0.11%. US stock futures are posting marginal gains and the April WTI future is trading at just over USD 57 per barrel. USDCAD rallied over 1.32 to 1.3225, as Oil inventories rose, with the US at record production levels. Oil price is now back around the $57 mark. Japanese CPI data same as forecasts, pushing the Yen higher. Charts of the Day

      Main Macro Events Today EU CPI Inflation – Core inflation is expected to be confirmed at 1.1% y/y while the overall inflation rate is expected to have stood at 1.4% in January. Canadian Retail Sales – Retail Sales are expected to have declined by 0.3% m/m in December, an improvement from the 0.6% declined observed in November. Mario Draghi Speech – The ECB President is due to speak to the University of Bologna where he will accept an honourary degree. Support and Resistance
      Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

      Please note that times displayed based on local time zone and are from time of writing this report.

      Click HERE to access the full HotForex Economic calendar.

      Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

      Click HERE to READ more Market news.

      Dr Nektarios Michail
      Market Analyst

      Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Actions for the 21st. 
    • Today had 3 trades, + 73 bps. The 2nd red dot on ALB was an error, somehow 1 share got executed at the lower price. I started new batch of trades today. The tweak was the exit is now based on trailing exit instead of manually calling it. I found it to be extremely uncomfortable as I sat through each retracement on DPZ. To see profit retrace back to zero or negative is associated with much pain. It feels as if it's a permanent loss. My goal is to execute my trading plan and not trade based on my emotions. I am very proud of the 2nd exit on DPZ for 170bps. I will do my best to continue this work. I do notice I may be giving back a bit too much on my losers, I will not change anything until the next batch of trades.   
    • I forgot to post yesterday. I was down 72 bps.  

Important Information

By using this site, you agree to our Terms of Use.