When it comes to selecting future trading software, there are several great options. Here, we look at TradeStation, Optimus Futures, Thinkorswim, and Tradovate. All of these programs provide excellent trading functionality, but which one is best for you? Read on to learn more about each program and which one suits your needs. Then, make your decision! And remember, you’ll be trading with a robot!
TradeStation
For years, TradeStation was geared toward institutional investors and active traders. Those who didn’t want to spend a lot of time on research and other features were turned off by the platform’s steep fees. Today, however, TradeStation has made significant improvements, eliminating platform fees and offering commission-free trading, cryptocurrencies, and YouCanTrade. That makes it more accessible for casual investors and less experienced traders alike.
One of the most impressive features of TradeStation is its charting capabilities. It streams data in real-time on all platforms and is customizable with options for timeframe and data interval. Customizable chart types, including bar, candlestick, and multiple bars, allow users to isolate market conditions. TradeStation allows users to back-test historical market data using the program’s customizable data charts. It’s possible to analyze up to 27 years of daily data, 90 years of intraday data, and six months of tick data.
Thinkorswim
If you’re thinking of using futures trading software to help you make a profit, thinkorswim can be a great choice. Thinkorswim’s powerful analytical tools and programming language will help you make smarter decisions based on your investment objectives. It also supports complex options orders. And if you’re unsure about your trading skills, you can use chat support from TD Ameritrade to receive advice or get a second opinion.
This futures trading software allows you to make trades on the market and analyze market data. It also offers tools for trading and includes live news and Trader TV, where you can watch the latest market data and view video news. Another feature of thinkorswim is its Watchlist feature, which lets you create custom lists of stocks and ETFs. You can even set up screens with your favorite tools and customize your access to the exchange.
Optimus Futures
Optimus Futures offers a range of futures trading platforms for its customers. The software features fast fills, timely execution, and competitive rates. Optimus Futures also offers a comprehensive FAQ section to help you find answers to your questions. There are no hidden costs, either. Customers who are new to the futures industry can take advantage of a free demo account. The company also answers questions posted on its social media pages.
Optimus Futures offers low day-trading margins. It also partners with Multiple Datafeeds to deliver real-time futures quotes and historical market data. The company’s fees are reasonable compared to other brokers. Before you sign up, do your math and get the full picture. You’ll be glad you did. If you have any questions, the customer support staff is more than willing to help.
Tradovate
Tradovate Future Trading Software is a comprehensive platform for active futures traders that offers a number of benefits. The software’s high-speed performance, multi-device support, and low-cost initial and day-trade margin rates make it an attractive option for active investors. It also offers support for CME Group’s diverse futures and stocks, making it ideal for beginners and experienced investors alike. There are three plans available with different levels of functionality, including a free trial.
