8 ms·

Ask HN: What is your favourite stocks/options trading platform?

51 points by Hedgemaster 5y ago

Hi HN community, I would appreciate if you could share which trading brokerage (if any) you prefer the most and why (execution quality, UI, fees, user support, etc.) Thank you!

tedyoung 5y ago
I like TD Ameritrade (now owned by Schwab, but still has their own web site) for its generally good execution (as far as I can tell), but mostly because it still has the best mobile (iPad) app that I use for the majority of my stock and options trading. Note that there are two apps: TD Ameritrade and thinkorswim (aka TOS). TOS is the one you want, and their desktop TOS app is also really good, but I actually find the iPad app to be more than sufficient for most of my trading. They continue to work and improve it (which I'm relieved about, because Schwab's mobile app is awful, Webull is worse, and I don't know how anyone uses RobinHood for options trading, it's so hard to do cancel/replace orders with them, which I do constantly).
- hattmall 5y ago
  Also have good free API.
  - qorrect 5y ago
    I wonder if your API trades show up in your history so you can view them from the ToS client.
- Hedgemaster 5y ago
  Thank you for such a detailed review! Does TOS have any options-related insights like easy-to-analyse implied volatility smile for Sentiment Analysis? Or like volatility skew to easily identify which options are under-priced/overpriced? Totally agree with u regarding RH, built for gambling not trading..
  - tedyoung 5y ago
    The desktop TOS has a bunch of options analysis tools (mobile has some, too), but honestly I don't use them very much so don't know them too well.
Oliver_Daemen37 5y ago
Robinhood hands down!! To the Moon! Before moving to the US I used to trade via Degiro (Dutch local brokerage), there is no much choice in the Netherlands.. US is the land of opportunities like space conquest and commission-free trading :)
ALeus26 5y ago
Interactive Brokers, great execution quality, normally use their desktop version since find their mobile app somewhat cumbersome.. P.S. Oliver, is that really you? How was your space flight? :) Btw your comment is "dead" so you should contact the admin to fix that.
- Hedgemaster 5y ago
  thx, have u tried mobile-only brokers like Webull or RH?
  - browningstreet 5y ago
    Webull isn't mobile only.
    - Hedgemaster 5y ago
      thanks, good point
    - hattmall 5y ago
      Nor is Robinhood!
- jjeaff 5y ago
  How do you gauge the execution quality?
  - ALeus26 5y ago
    there are certain parameters like net price improvement, percentage of improved orders and execution speed.. retail brokerages are encourage to make such data public by FINRA: 1. https://robinhood.com/us/en/about-us/our-execution-quality/ https://robinhood.com/us/en/about-us/our-execution-quality/ 2. https://www.schwab.com/execution-quality https://www.schwab.com/execution-quality 3. https://clearingcustody.fidelity.com/app/item/RD_13569_21687/trade-execution-quality-overview.html https://clearingcustody.fidelity.com/app/item/RD_13569_21687...
- 5y ago
deleted 5y ago
[deleted]
throwawaysea 5y ago
The typical answers are TD Ameritrade, Interactive Brokers, Fidelity, Charles Schwab, and eTrade. Note that CS and TD are merging but their products and accounts remain separate for now and they will merge those over the next few years. Robinhood, webull, etc are the newcomers that are popular in a memestocks sort of way, but aren’t actually better. Robinhood does give you access to IPOs that you can’t get elsewhere if you’re into that kind of risk. If you’re a casual investor though, the nuanced differences between these platforms won’t matter as much for you.
leet_thow 5y ago
Alpaca for algorithmic trading and Ally for standard portfolio. Both have solid APIs, zero commissions and the required orders for my strategies.
heckingoodtimes 5y ago
Fidelity and Vanguard for best execution—which is the most important aspect for me. Self-clearing, sufficiently capitalized and don’t accept PFOF. They are improving their trading UI and I think they’re definitely headed in the right direction on that front. I don’t yet trade options on either, so no comment on that.
- mcny 5y ago
  Vanguard index funds are pretty much anyone who isn’t wealthy needs. The only think I can’t figure out is why isn’t it possible to park USD 5k in cash in my Roth IRA at Vanguard every April and have them buy VTSAX if it goes below some threshold automatically say USD 60.
  - PascLeRasc 5y ago
    You're hoping to "buy the dip" here, right? You can set up a stop order to do that. It'll just have to be for the ETF version of a fund.
    - auxym 5y ago
      Turns out that the old adage "time in the market beats timing the market" almost always wins, and there's no upside to trying to buy the dip: https://www.pwlcapital.com/resources/buy-the-dip/ https://www.pwlcapital.com/resources/buy-the-dip/
      - PascLeRasc 5y ago
        There's no upside to buying the dip for you. It's exhasting how any HN investing discussion gets watered down by unsolicited anti-intellectual personal finance advice.
- Hedgemaster 5y ago
  Thank you. Fidelity doesn't charge PFOF on stocks but they do accept PFOF on options. The bid-ask spreads for most stocks in negligible so PFOF-related damage wouldn't matter that much anyway, what cannot be said about options..
nknealk 5y ago
Charles Schwab. I’ve been a customer for decades. The good: Similar to vanguard and fidelity on most dimensions which are also mentioned in this thread, but they’re also a bank so you can have a checking + savings account with them and all your finances are then in one place (IRA, brokerage, banking all in one). Their checking accounts offer free ATM withdrawals from any ATM world wide and when traveling they offer the actual exchange rate when withdrawing cash. Also, they have excellent customer service in my experience. Their research offering on equities is decent. Also $0 commissions on on trading equities, ETFs, most bonds and CDs. Down sides in my opinion (YMMV): options trading is meh on Schwab, but most people shouldn’t be dabbling in options anyway. Their fully managed offerings have 0% fees, but the funds they pick internally are somewhat higher fee Schwab funds so watch out for that. You might be better off managing your own set of mutual funds/ETFs rather than going with their robo advisor if that’s what you’re after. Sometimes they do maintenance on their site on the weekends that spans beyond the midnight hours. Their mobile app is very functional but some features are slow even on an iPhone 12. Few physical branches if that’s important to you.
- hereforphone 5y ago
  Schwab's website has been consistently buggy for me. Would not recommend.
- tedyoung 5y ago
  I have a Schwab account, but I strongly dislike both their Web UI and their (iPad) mobile apps. They were built decades ago and for the most part they show it. The mobile trading for stocks (forget options) is just awful (including failing to accept my trade for no easily understood reason). My hope is since they bought TD Ameritrade that they'll dump their own trading apps and use TDA's.
vmurthy 5y ago
You didn't ask the country so my answers might slightly differ 1. India - Kite by Zerodha[0]. Zero brokerage fees (!) for equity delivery. INR 20 for options. Easy to understand UI and great community 2. Australia - Superhero [1]. Zero brokerage for buying ETFs. Easy app but given my infrequent usage (once a month) not really a problem. [0]https://zerodha.com/ https://zerodha.com/ [1]https://app.superhero.com.au/log-in https://app.superhero.com.au/log-in
- Hedgemaster 5y ago
  thanks, you can't trade options with Superhero, right?
  - vmurthy 5y ago
    You are right. You can't trade options with SH :)
CheezeIt 5y ago
I haven’t really investigated it too hard. I use Robinhood because it has 0 fees for stocks, options, and crypto (but I’ve mostly moved on to an exchange that lets me withdraw crypto). I also use Robinhood because it has 2.5% interest for margin (with 6% interest on the first $1000, counting the $5/month Robinhood Gold fee). And also, instant deposits. I’ve found the UI to be pretty poor in some respects.
- Hedgemaster 5y ago
  Thanks, the issue with Robinhood imo is that their price execution is quite poor and you pay extra on the bid-ask spread.. kind of a hidden fee in a way. Plus they don't have any relevant tools that would help to make a well-informed decision.
- midnitewarrior 5y ago
  Robinhood is for unsavy traders lured in by (false) advertising for saving money on trading. While they advertise no fees for trading, their poor execution means you get pricing that's far worse than normal trading fees.
  - CheezeIt 5y ago
    I am pretty sure it does not mean that you get a price that’s “far” worse. You would need to quantify such a claim — a number I see from the SEC comes down to $1 per user (as a _lower_ bound on total extra cost, weakening my argument). I’m not a day trader — almost all my money is in long term held stocks and crypto — so margin interest rate is all that matters. (For options, I don’t think I suffered any execution issues, because it almost always has involved a limit order in a low volume option.)
    - Hedgemaster 5y ago
      IMO the main disadvantage of Robinhood is not their execution quality (which is relatively low) but complete absence of any helpful tools to make a well-informed decision. You cannot easily see what options are over or under-priced IV-wise. It also does not notify of any important events that might affect your options positions. For example, when someone owns a deep ITM call and ex-dividend date is approaching, it might make sense to exercise that call and buy an identical OTM put. But most retail traders are unaware of such technicalities and therefore in the long run sustain losses caused primarily by such basic mistakes..
nodesocket 5y ago
Check out WeBull. Their macOS native app is very good. Nearly a Bloomberg terminal. Real time quotes, amazing charts, and data feeds with news. Zero commission trades and options. Shameless referral link if you feeling it (both get rewards). https://act.webull.com/po/Waj6YqDt8arm/6dy/inviteUs/pop https://act.webull.com/po/Waj6YqDt8arm/6dy/inviteUs/pop
Ir0nMan 5y ago
Desktop Trading: TDAmeritrade. Mobile Trading: E-Trade.
- Hedgemaster 5y ago
  thx, why don't you use the same broker for desktop and mobile? E-trade has very limited options analytics on its mobile app so a bit surprised..
borutodev 5y ago
I really love Alpaca. You can use their TradingView integration as a no-code solution.
sshah1983 5y ago
Public.com - it’s fun.
- Hedgemaster 5y ago
  Thx, what aspects of their service do you find the most attractive? I recently listened to the podcast of their CEO https://www.linkedin.com/in/jmalling/ https://www.linkedin.com/in/jmalling/ He sounded rather elitist to be honest.. Like everyday ppl are just not intelligent enough to trade options, etc. So that was a bit off-putting.
dnadoba 5y ago
I really like Trade Republic. Native iOS & Android App, only 1€ fee per transaction, many Stocks, Derivatives and even Crypto. However, it's only available in Germany, Austria and France.
- Hedgemaster 5y ago
  Thank you for sharing your experience. My sister's family actually lives in Germany so they are somewhat familiar with the US retail brokerages and in turn I am familiar with the German ones, namely Trade Republic and flatex, only 2 to choose from :) So regarding trading stocks on Trade Republic, you get a super wide bid-ask spread that is unheard of in the US.. They route their trades through a Hamburg-based market maker called Lang & Schwarz, and try to make as much as they can on stocks(!) PFOF. Regarding the derivatives, they don't offer options at all!! What they do offer is called "optionsscheine" which is not an option but a warrant, created by some investment bank like Deutsche or Commerz. Apart from a very real counterparty risk compared to options, they are quite expensive. And yes, you cannot "go short" with this optionsscheine, only long. So no verticals or diagonal option trades. Below is the link if someone wants to learn more about investing in these "optionsscheine": https://www.globalinvestorgroup.com/articles/3695830/european-warrants-traders-losing-millions-report https://www.globalinvestorgroup.com/articles/3695830/europea... Please, don't get me wrong, I am not mocking Germany and I do respect German ppl, I just think that retail brokerages there suck bigly due to the lack of competition and a severe red tape. Would be glad to hear your counter-arguments.
d4rkp4ttern 5y ago
I looked at several and settled on M1Finance, where I’m able to create a few “pies” (allocations among various ETFS) and even mixtures of pies, and just forget about it. It’s not strictly a “trading” platform, in the sense that it’s not meant for day trading. Was intrigued by Titan but they are pricey.
- Hedgemaster 5y ago
  Totally agree with your point, M1Finance is not for trading.. definitely not options, more like long-term ETF investing. I never heard of Titan, is it a desktop or mobile app? Or both? Could you please share a link? If you trade options but have no time to stay on top of all the relevant developments, should probably check out this STRIKES mobile app, it provides intuitive analytics and notifies of many pitfalls to your options positions: https://www.trystrikes.com/ https://www.trystrikes.com/
  - d4rkp4ttern 5y ago
    Titan seems to be mobile only for now https://www.titan.com/ https://www.titan.com/
    - Hedgemaster 5y ago
      hey, thanks, checked them out, they seem to be a financial advisor, not a broker-dealer: "We’re your investment team. Titan is a premier investment firm that manages over $500M for 30,000 clients."
zaidos 5y ago
Disclosure: I work on this :) I'm on the founding team of Options AI. We're taking a fresh approach and focusing on removing the complexity and friction involved with creating and managing options trades. Our customers tend to use options to generate income rather than the YOLO trades seen on reddit. The interface is visual and translates the information embedded in the chain so you can deploy smarter strategies and manage portfolio risk. Visit our site for more info: https://www.optionsai.com https://www.optionsai.com It's $5 per trade - any strategy or size but I've added a referral link with 2 months free if you would like to give us a try. https://id.options.ai/register?code=hackernews https://id.options.ai/register?code=hackernews
marto1 5y ago
Don't really use it for trading, but TradingView has top notch charting and their screener ain't half bad either.
- Hedgemaster 5y ago
  thanks! what charting do they offer? anything options-related (like implied volatility charts)?
rattlesnake45 5y ago
tastyworks
- Hedgemaster 5y ago
  heard mostly positive feedback on them, it's a shame though tastyworks don't disclose their execution quality and price improvement for the end-user like Fidelity and Charles Schwab do.. even robinhood does that. the other concern about Tastyworks is that they have been recently acquired by IG Group (UK CFD provider) and might get greedy with the price improvement suffering. IG's poor fill quality is their modus operandi in the UK..

51 points by Hedgemaster 5y ago

Hi HN community, I would appreciate if you could share which trading brokerage (if any) you prefer the most and why (execution quality, UI, fees, user support, etc.) Thank you!

tedyoung 5y ago

I like TD Ameritrade (now owned by Schwab, but still has their own web site) for its generally good execution (as far as I can tell), but mostly because it still has the best mobile (iPad) app that I use for the majority of my stock and options trading. Note that there are two apps: TD Ameritrade and thinkorswim (aka TOS). TOS is the one you want, and their desktop TOS app is also really good, but I actually find the iPad app to be more than sufficient for most of my trading. They continue to work and improve it (which I'm relieved about, because Schwab's mobile app is awful, Webull is worse, and I don't know how anyone uses RobinHood for options trading, it's so hard to do cancel/replace orders with them, which I do constantly).

hattmall 5y ago
Also have good free API.
- qorrect 5y ago
  I wonder if your API trades show up in your history so you can view them from the ToS client.
Hedgemaster 5y ago
Thank you for such a detailed review! Does TOS have any options-related insights like easy-to-analyse implied volatility smile for Sentiment Analysis? Or like volatility skew to easily identify which options are under-priced/overpriced? Totally agree with u regarding RH, built for gambling not trading..
- tedyoung 5y ago
  The desktop TOS has a bunch of options analysis tools (mobile has some, too), but honestly I don't use them very much so don't know them too well.

Oliver_Daemen37 5y ago

Robinhood hands down!! To the Moon! Before moving to the US I used to trade via Degiro (Dutch local brokerage), there is no much choice in the Netherlands.. US is the land of opportunities like space conquest and commission-free trading :)

ALeus26 5y ago

Interactive Brokers, great execution quality, normally use their desktop version since find their mobile app somewhat cumbersome.. P.S. Oliver, is that really you? How was your space flight? :) Btw your comment is "dead" so you should contact the admin to fix that.

Hedgemaster 5y ago
thx, have u tried mobile-only brokers like Webull or RH?
- browningstreet 5y ago
  Webull isn't mobile only.
  - Hedgemaster 5y ago
    thanks, good point
  - hattmall 5y ago
    Nor is Robinhood!
jjeaff 5y ago
How do you gauge the execution quality?
- ALeus26 5y ago
  there are certain parameters like net price improvement, percentage of improved orders and execution speed.. retail brokerages are encourage to make such data public by FINRA: 1. https://robinhood.com/us/en/about-us/our-execution-quality/ https://robinhood.com/us/en/about-us/our-execution-quality/ 2. https://www.schwab.com/execution-quality https://www.schwab.com/execution-quality 3. https://clearingcustody.fidelity.com/app/item/RD_13569_21687/trade-execution-quality-overview.html https://clearingcustody.fidelity.com/app/item/RD_13569_21687...
5y ago

deleted 5y ago

[deleted]

throwawaysea 5y ago

The typical answers are TD Ameritrade, Interactive Brokers, Fidelity, Charles Schwab, and eTrade. Note that CS and TD are merging but their products and accounts remain separate for now and they will merge those over the next few years. Robinhood, webull, etc are the newcomers that are popular in a memestocks sort of way, but aren’t actually better. Robinhood does give you access to IPOs that you can’t get elsewhere if you’re into that kind of risk. If you’re a casual investor though, the nuanced differences between these platforms won’t matter as much for you.

leet_thow 5y ago

Alpaca for algorithmic trading and Ally for standard portfolio. Both have solid APIs, zero commissions and the required orders for my strategies.

heckingoodtimes 5y ago

Fidelity and Vanguard for best execution—which is the most important aspect for me. Self-clearing, sufficiently capitalized and don’t accept PFOF. They are improving their trading UI and I think they’re definitely headed in the right direction on that front. I don’t yet trade options on either, so no comment on that.

mcny 5y ago
Vanguard index funds are pretty much anyone who isn’t wealthy needs. The only think I can’t figure out is why isn’t it possible to park USD 5k in cash in my Roth IRA at Vanguard every April and have them buy VTSAX if it goes below some threshold automatically say USD 60.
- PascLeRasc 5y ago
  You're hoping to "buy the dip" here, right? You can set up a stop order to do that. It'll just have to be for the ETF version of a fund.
  - auxym 5y ago
    Turns out that the old adage "time in the market beats timing the market" almost always wins, and there's no upside to trying to buy the dip: https://www.pwlcapital.com/resources/buy-the-dip/ https://www.pwlcapital.com/resources/buy-the-dip/
    - PascLeRasc 5y ago
      There's no upside to buying the dip for you. It's exhasting how any HN investing discussion gets watered down by unsolicited anti-intellectual personal finance advice.
Hedgemaster 5y ago
Thank you. Fidelity doesn't charge PFOF on stocks but they do accept PFOF on options. The bid-ask spreads for most stocks in negligible so PFOF-related damage wouldn't matter that much anyway, what cannot be said about options..

nknealk 5y ago

Charles Schwab. I’ve been a customer for decades. The good: Similar to vanguard and fidelity on most dimensions which are also mentioned in this thread, but they’re also a bank so you can have a checking + savings account with them and all your finances are then in one place (IRA, brokerage, banking all in one). Their checking accounts offer free ATM withdrawals from any ATM world wide and when traveling they offer the actual exchange rate when withdrawing cash. Also, they have excellent customer service in my experience. Their research offering on equities is decent. Also $0 commissions on on trading equities, ETFs, most bonds and CDs. Down sides in my opinion (YMMV): options trading is meh on Schwab, but most people shouldn’t be dabbling in options anyway. Their fully managed offerings have 0% fees, but the funds they pick internally are somewhat higher fee Schwab funds so watch out for that. You might be better off managing your own set of mutual funds/ETFs rather than going with their robo advisor if that’s what you’re after. Sometimes they do maintenance on their site on the weekends that spans beyond the midnight hours. Their mobile app is very functional but some features are slow even on an iPhone 12. Few physical branches if that’s important to you.

hereforphone 5y ago
Schwab's website has been consistently buggy for me. Would not recommend.
tedyoung 5y ago
I have a Schwab account, but I strongly dislike both their Web UI and their (iPad) mobile apps. They were built decades ago and for the most part they show it. The mobile trading for stocks (forget options) is just awful (including failing to accept my trade for no easily understood reason). My hope is since they bought TD Ameritrade that they'll dump their own trading apps and use TDA's.

vmurthy 5y ago

You didn't ask the country so my answers might slightly differ 1. India - Kite by Zerodha[0]. Zero brokerage fees (!) for equity delivery. INR 20 for options. Easy to understand UI and great community 2. Australia - Superhero [1]. Zero brokerage for buying ETFs. Easy app but given my infrequent usage (once a month) not really a problem. [0]https://zerodha.com/ https://zerodha.com/ [1]https://app.superhero.com.au/log-in https://app.superhero.com.au/log-in

Hedgemaster 5y ago
thanks, you can't trade options with Superhero, right?
- vmurthy 5y ago
  You are right. You can't trade options with SH :)

CheezeIt 5y ago

I haven’t really investigated it too hard. I use Robinhood because it has 0 fees for stocks, options, and crypto (but I’ve mostly moved on to an exchange that lets me withdraw crypto). I also use Robinhood because it has 2.5% interest for margin (with 6% interest on the first $1000, counting the $5/month Robinhood Gold fee). And also, instant deposits. I’ve found the UI to be pretty poor in some respects.

Hedgemaster 5y ago
Thanks, the issue with Robinhood imo is that their price execution is quite poor and you pay extra on the bid-ask spread.. kind of a hidden fee in a way. Plus they don't have any relevant tools that would help to make a well-informed decision.
midnitewarrior 5y ago
Robinhood is for unsavy traders lured in by (false) advertising for saving money on trading. While they advertise no fees for trading, their poor execution means you get pricing that's far worse than normal trading fees.
- CheezeIt 5y ago
  I am pretty sure it does not mean that you get a price that’s “far” worse. You would need to quantify such a claim — a number I see from the SEC comes down to $1 per user (as a _lower_ bound on total extra cost, weakening my argument). I’m not a day trader — almost all my money is in long term held stocks and crypto — so margin interest rate is all that matters. (For options, I don’t think I suffered any execution issues, because it almost always has involved a limit order in a low volume option.)
  - Hedgemaster 5y ago
    IMO the main disadvantage of Robinhood is not their execution quality (which is relatively low) but complete absence of any helpful tools to make a well-informed decision. You cannot easily see what options are over or under-priced IV-wise. It also does not notify of any important events that might affect your options positions. For example, when someone owns a deep ITM call and ex-dividend date is approaching, it might make sense to exercise that call and buy an identical OTM put. But most retail traders are unaware of such technicalities and therefore in the long run sustain losses caused primarily by such basic mistakes..

nodesocket 5y ago

Check out WeBull. Their macOS native app is very good. Nearly a Bloomberg terminal. Real time quotes, amazing charts, and data feeds with news. Zero commission trades and options. Shameless referral link if you feeling it (both get rewards). https://act.webull.com/po/Waj6YqDt8arm/6dy/inviteUs/pop https://act.webull.com/po/Waj6YqDt8arm/6dy/inviteUs/pop

Ir0nMan 5y ago

Desktop Trading: TDAmeritrade. Mobile Trading: E-Trade.

Hedgemaster 5y ago
thx, why don't you use the same broker for desktop and mobile? E-trade has very limited options analytics on its mobile app so a bit surprised..

borutodev 5y ago

I really love Alpaca. You can use their TradingView integration as a no-code solution.

sshah1983 5y ago

Public.com - it’s fun.

Hedgemaster 5y ago
Thx, what aspects of their service do you find the most attractive? I recently listened to the podcast of their CEO https://www.linkedin.com/in/jmalling/ https://www.linkedin.com/in/jmalling/ He sounded rather elitist to be honest.. Like everyday ppl are just not intelligent enough to trade options, etc. So that was a bit off-putting.

dnadoba 5y ago

I really like Trade Republic. Native iOS & Android App, only 1€ fee per transaction, many Stocks, Derivatives and even Crypto. However, it's only available in Germany, Austria and France.

Hedgemaster 5y ago
Thank you for sharing your experience. My sister's family actually lives in Germany so they are somewhat familiar with the US retail brokerages and in turn I am familiar with the German ones, namely Trade Republic and flatex, only 2 to choose from :) So regarding trading stocks on Trade Republic, you get a super wide bid-ask spread that is unheard of in the US.. They route their trades through a Hamburg-based market maker called Lang & Schwarz, and try to make as much as they can on stocks(!) PFOF. Regarding the derivatives, they don't offer options at all!! What they do offer is called "optionsscheine" which is not an option but a warrant, created by some investment bank like Deutsche or Commerz. Apart from a very real counterparty risk compared to options, they are quite expensive. And yes, you cannot "go short" with this optionsscheine, only long. So no verticals or diagonal option trades. Below is the link if someone wants to learn more about investing in these "optionsscheine": https://www.globalinvestorgroup.com/articles/3695830/european-warrants-traders-losing-millions-report https://www.globalinvestorgroup.com/articles/3695830/europea... Please, don't get me wrong, I am not mocking Germany and I do respect German ppl, I just think that retail brokerages there suck bigly due to the lack of competition and a severe red tape. Would be glad to hear your counter-arguments.

d4rkp4ttern 5y ago

I looked at several and settled on M1Finance, where I’m able to create a few “pies” (allocations among various ETFS) and even mixtures of pies, and just forget about it. It’s not strictly a “trading” platform, in the sense that it’s not meant for day trading. Was intrigued by Titan but they are pricey.

Hedgemaster 5y ago
Totally agree with your point, M1Finance is not for trading.. definitely not options, more like long-term ETF investing. I never heard of Titan, is it a desktop or mobile app? Or both? Could you please share a link? If you trade options but have no time to stay on top of all the relevant developments, should probably check out this STRIKES mobile app, it provides intuitive analytics and notifies of many pitfalls to your options positions: https://www.trystrikes.com/ https://www.trystrikes.com/
- d4rkp4ttern 5y ago
  Titan seems to be mobile only for now https://www.titan.com/ https://www.titan.com/
  - Hedgemaster 5y ago
    hey, thanks, checked them out, they seem to be a financial advisor, not a broker-dealer: "We’re your investment team. Titan is a premier investment firm that manages over $500M for 30,000 clients."

zaidos 5y ago

Disclosure: I work on this :) I'm on the founding team of Options AI. We're taking a fresh approach and focusing on removing the complexity and friction involved with creating and managing options trades. Our customers tend to use options to generate income rather than the YOLO trades seen on reddit. The interface is visual and translates the information embedded in the chain so you can deploy smarter strategies and manage portfolio risk. Visit our site for more info: https://www.optionsai.com https://www.optionsai.com It's $5 per trade - any strategy or size but I've added a referral link with 2 months free if you would like to give us a try. https://id.options.ai/register?code=hackernews https://id.options.ai/register?code=hackernews

marto1 5y ago

Don't really use it for trading, but TradingView has top notch charting and their screener ain't half bad either.

Hedgemaster 5y ago
thanks! what charting do they offer? anything options-related (like implied volatility charts)?

rattlesnake45 5y ago

tastyworks

Hedgemaster 5y ago
heard mostly positive feedback on them, it's a shame though tastyworks don't disclose their execution quality and price improvement for the end-user like Fidelity and Charles Schwab do.. even robinhood does that. the other concern about Tastyworks is that they have been recently acquired by IG Group (UK CFD provider) and might get greedy with the price improvement suffering. IG's poor fill quality is their modus operandi in the UK..