if you're strictly a day trader
if you day trade, ctg's hft brokerage offers excellent advantages over td, scottrade, etrade and other retail brokers. the executions are really fast and they have a choice of fusion, lightspeed and sterling. you have to have a balance over 25k or you can't pattern day trade. If you're trading prop and seek retail for the SIPC insurance or want the standard retail margin requirements, the lowest rates and tons of routing options are available. They also have free education courses for their members. It's a very customer oriented company. their specialty is automated trading systems / blackboxes but that means tons of volume and economies of scale mean lower rates for all traders.
you do have to pay for the data & software fees. That's one downside over some other brokers but the level 2 platforms have some neat execution abilities that are unavailable through more traditional brokerages.
overall, if you're trading a lot intraday, this brokerage is definitely worth checking out
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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