What quote system do you use?, and how much does it cost? Options

[TTHQ Staff]

I was asked to help create a list of quote options/prices, benefits/dreawbacks for TT members to make educated decisions from.

If you would help out with your personal experiences/preferences, it would be greatly appreciated.


I currently use:
I mainly trade:
It costs:
Benefits:
Drawbacks:
I rate it (out of 5):

I have also used:
For trading:
It costs:
Benefits:
Drawbacks:
I rate it (out of 5):




.

[HoseB]

I currently use:eSignal & Metastock Pro (archived data)
I mainly trade:ES + SP full contract + mutual funds
It costs: ~$75/mo
Benefits: Reliability, ease of operation
Drawbacks:None, for me
I rate it (out of 5):~5.


Haven't used other for more than 10 years.

[EagleTrader]

I currently use:Interactive Brokers
I mainly trade: ES, ER2, YM, DAX, etc, sometimes ETFs and fast moving stocks
It costs: Free for US, marginal for DTB, LIFFE etc
Benefits: Fast (doesn't lag)
Drawbacks: None
I rate it (out of 5): 4

Never needed anything else

*must be an Interactive Broker client

[sam]

I currently use: Quote.com LiveCharts
I mainly trade: e-mini
It costs: $20/mo + exchange fees ($20-$30))
Benefits: cheap
Drawbacks: site goes down, data errors, undependable
I rate it (out of 5): 2


I currently use: StockCharts Extra
I mainly trade: stocks
It costs: $19/mo (Realtime data is an additonal; $10)
Benefits: simple, cost-effective, stock scanning
Drawbacks: pretty generic offerings. Site can be confusing
I rate it (out of 5): 4

[danzman]

I currently use: Qcharts from quote.com (since 1999...don't know why I haven't switched).
I mainly trade: Stocks, some futures
It costs: $80-$90/month (lots more for exchange fees, but that's from the exchanges)
Benefits: I can see a lot of info across 3 monitors. A decent amount of
options.
Drawbacks: Crashes sometimes, and data can be slow on some servers.
I rate it (out of 5): 3

D

[TL Trader]

I was asked to help create a list of quote options/prices, benefits/dreawbacks for TT members to make educated decisions from.

If you would help out with your personal experiences/preferences, it would be greatly appreciated.


I currently use:IB TWS and Ensign
I mainly trade: YM & EUR/USD
It costs:$40/Mo.
Benefits:Powerful and cost effective software
Drawbacks:The Ensign continuous contracts and data backfill are not as good as they could be
I rate it (out of 5):4

I have also used:Esignal
For trading:None recently
It costs:Esignal was $1050 per year
Benefits:Reliable good continuous contracts and backfill
Drawbacks:Overpriced
I rate it (out of 5):4




.

[vulture]

I currently use: TradeStation 8.0
I mainly trade: index options, index futures, etf's
It costs: approx. $100 per month including all exchange fees UNLESS you meet their brokerage volume requirements which can save you approximatel $60 per month
Benefits: Integrates systems development and backtesting capabilities with solid data feed
Drawbacks: No complaints, much better than what I used to use and a good deal price wise.
I rate it (out of 5): 4.5

I have also used:
For trading: Quote.com, ESignal, DTN IQ
It costs: Quote.com was roughly $150 per month, ESignal $200, DTN IQ $110 (with exchange fees)
Benefits: Quote.com had the best charts (graphically), ESignal had better data, DTN IQ was used as a data feed for third party platform
Drawbacks: Quote.com had constant data feed problems, ESignal was just cumbersome, DTN IQ wasn't much of a platform if not used for a third party data feed
I rate it (out of 5):
Quote.com (3.5)
ESignal(3)
DTN IQ(2.5)

[bobalou]

I was asked to help create a list of quote options/prices, benefits/dreawbacks for TT members to make educated decisions from.

If you would help out with your personal experiences/preferences, it would be greatly appreciated.


I currently use:,,,,,,, E TRADE
I mainly trade:,,,,,,,ETRADE
It costs:,,,,,,,,,,,,,,,,,,,,9.99 / ANY # OF
Benefits: QUOTES ARE GOOD ,REAL TIME, can do more w/ options
Drawbacks:,,,,,,,,,PLATFROM C- ....TO CALL ABOUT A b*tch ,TAKES SOME TIME,BUT WORKS OUT FAIR to O K
I rate it (out of 5):,,,, C+ OR 4

SIEBERT,scout trade....,medved quote tracker,,,Lycous Finance quote charts ,yahoo MSN ,BLOOMBERG,news..all O K ,and free

I have also used: and still have,,LOCAL BANK , and big houses
For trading: STOCKS/OPTIONS
It costs: A LOT
Benefits: some to watch for you when you can not.
Drawbacks: NONE ,,,,advice poor
I rate it (out of 5): D




.

[EagleTrader]

I currently use:Interactive Brokers
I mainly trade: ES, ER2, YM, DAX, etc, sometimes ETFs and fast moving stocks
It costs: Free for US, marginal for DTB, LIFFE etc
Benefits: Fast (doesn't lag)
Drawbacks: None
I rate it (out of 5): 4

Never needed anything else

*must be an Interactive Broker client

You asked for quote system. For charts, I use Ensign Software at $39 a month. Live datafeed from IB, backfilled for free using IQ feed.

[proformano]

I currently use: eSignal and IB TWS
I mainly trade: ES and ER2
It costs: $115/mo (eSignal) TWS free
Benefits: eSignal allows the programs I use to interact with there charts, using their programming language.

Drawbacks: (eSignal) I think it's too expensive, especially given Tradestations now cheaper rates (and better data) if only a very few contracts are traded monthly. I have yet to switch to Tradestation given the possible learning curve of their programming language. On 3 ocassions recently eSignals charts have lagged IB's quotes by anywhere from 10 secomds to 2 minutes. A nightmare. IB TWS. I love IB, but there TWS is a dangerous platform. It is VERY EASY to enter trades incorrectly, buy when you meant to sell, etc. They have made some improvements to it, but this is a very twitchy platform.


I rate it (out of 5): eSignal 3 IB TWS 3

I have also used: Stockicharts Extra
For trading: For market overview stuff, ratio charts, stocks, etc
It costs: $400+ /yr
Benefits: After many years I'm very familiar with it, and all my continuous charts are stored there.
Drawbacks: It is too expensive for what they offer. It's "beta" upgrade in my opinion is a joke, designed to last as long as possible to keep people resubscribing. It's been down a lot. I think I'm through with them finally when my subscription expires.
I rate it (out of 5): 2