I have commented before on my experience using redi+ which I railed on in several posts weeks ago simply because I had the unfortunate experience of using it and am still blown away that so many traders still use it. If you look at instinetâs more recent purchase of Protrader they almost immediately sacked half of the branches so it seems apparent to me that getting the platform was a large reason for the purchase. Of course you can make the argument that Schwab for example wanted cybertrader for the hyperactive daytraders (volume) they have as well but that only holds to a certain extent IMO. But donât take my word for it, the firms that bought the best platforms obviously spent money researching what they were buying. At any rate all of those are vastly superior to superior to the junk that some firms use. I have used all those above except watcher. (Realtick and TerraNova go way back Iâm not sure of the exact relationship there) If you wanted to add a fifth to the list, the traders that scalp NASDAQ using watcher swear by the damn thing. Those 3 along with Realtick are what I would consider the best 4 mainstream platforms. Schwab bought Cybertrader, and Ameritrade bought Tradecast. Who bought what? Lets see: Instinet bought Protrader i.e. If you want to know which platforms are or at least were the bestâ¦.follow the money. The best DAT platforms are easy to ascertain because they were bought out for big dollars. Iâm no expert but I have used a few different platforms and here is my take. That's my two cents, let's help out our fellow trader with his question guys, I myself would like to know more from people whom are with them right now. In summary, Gr8trade is a average software but definitely not the best especially if you daytrade (scalping for example). I know that they have closed 11 of their branch offices and may have only 6 left, that tells me they are struggling and since gr8trade is their proprietary software, I don't know if they will have a long future. Their software, however, isn't all bad for certain type of traders, it has some good points such as EYE which I think is useful. IMHO, I think the software is better than the firm, from my limited experience with them, I found their management conceited and their staff not very knowledgable. I thought this may be a good thread to start and more traders can give a better insight than me alone. Recently a fellow trader and elite member PM me with this question: "is gr8trade as bad as protrader is? i use it, but not directly through protrader and have a good rate, but was wondering how the software adds up to the others.i saw you commented on many of the brokers thats why im asking"
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