I opened an account with Crossland's discount brokererage arm and have no complaints. The commisssion structure is terrific for the small and large contract trader. No complaints about customer service either.
Listen up traders: commissions are to your trading account like termites are to wood. Reduce them as much as possible to improve your profitability. Every penny counts!
The following 2 users say Thank You to Lars for this post:
I opened my account with Howard Lender this week and everything is great. Had a little problem hooking up NT to TT but he was right on top of it and I was up and running right away. I would highly recommend DDT and Howard Lender.
I'm just looking to help others like me that walked the hot coals.
Platform: NinjaTrader (It's a love/hate relationship)
Favorite Instrument: CL, TF, 6E
Posts: 176 since May 2010
Thanks: 60 given,
Margins and minimum deposit are set on an individual basic according to your trading style. If you trade short-term with tight stops, they can be the same as the advertised margins for all the other discount brokers.
The following user says Thank You to Slipknot511 for this post:
According to NinjaTrader Static DOM is required???
I’m in the process of opening up an account at DDT. I informed NinjaTrader to have my license converted to the TT data feed. This is the data feed at DDT.
This is the response that I received back from NT.
“I have converted your license as requested. Please be aware that when trading through the Trading Technologies fix adapter it does require the use of a static SuperDOM which we license from TT and you as the user are responsible to pay these fees. The way it works is you need to purchase "TT credits" from the web page listed below and the credits will deduct at the rate of 10 cents per side per contract traded.”
My question is:
Do the TT credits have to be purchased in order to trade with the NinjaTrader Platform at DDT?
Even if you trade off of ChartTrader?
If it is not necessary, what needs to be done so you don’t have to purchase the “TT credits” and still be able to trade with the NT platform at DDT?
The following user says Thank You to Ben16JP2 for this post:
If you use chart trader and/or Dynamic Super DOM only (not Static Super DOM) then the charge for TT credits is $.05 a side instead of $.10.
I suggest you speak to Howard for instructions on how to set NT for this discount, but you will have to purchase TT credits regardless if you use NT to trade with TT. BTW, there are no better deals for the trader than this one at Crossland.
The following 2 users say Thank You to Tundi for this post: