Which brokers are best for trading gold and silver?
Pierre
Pierre
Brokers offering Futures (CFD) on metals 0 replies
Metals Pivot Trading 5 replies
Brokers for trading Platinum? 1 reply
OTC metals trading to become illegal? 20 replies
trading currencies or metals? 9 replies
DislikedTD Ameritrade and Interactive Brokers are my two favorites for futures.Ignored
Disliked{quote} hi , I am looking for a broker to trade currency futures and etfs. I want to ask you about your trading experience with ib ( interactive brokers ), about their order execution ( is it slow or fast ) ? how much does the ib charge you when you withdraw funds ? I live in Boston , MA. thank you very much, RBIgnored
Disliked{quote} Hi RB, sorry I just now saw your post! IB has been great, all my fills have been very quick. I've never tried withdrawing funds from them so I'm not 100% sure if there's a fee. US brokers typically don't charge withdrawal fees so I'm doubtful they have one.Ignored
Disliked{quote} hi Ef5, sorry I forgot this thread and just saw your post. I really liked ib but I read so many horrible reviews about interactive brokers on forex peace army website. what do you trade with ib ? ETFs. ? Stocks ? Futures ? Please let me know . I have also opened one live account with TD . only paper trading now. Please let me know about ib in Detail. I will keep an eye on your post. thank you very much and have a great rest of your day. RBIgnored
I have to close my account for compliance reasons unfortunately so I won't be able to use them for futures like I had planned.
Dislikedoh I see. so you used interactive brokers ( IB ) for trading ETF . they use Traders workstation, did you use it ? or you used the online( web-based ) platform ? I just wanted to know how is the Execution of orders for ETFs on Traders work station ? is it Fast ? Normal ? thank you very much Ef5. Have a great morning. RayIgnored
Disliked{quote} I use their iOS app. lol I do all my analysis with different platforms so all I use IB for is to enter in orders and the app suffices for that. I know it must sound strange to hear I've entered 100% of my orders through their app, but it has worked for me.Ignored
Disliked{quote} oh really, TOS + IB …. okay. For 2 months, I am demo trading TWS and TOS ) do you do Futures ?Ignored
Disliked{quote} Believe it or not I used to be Series 3 licensed actually back when I was thinking of creating a CTA firm. Honestly though, its been awhile since my last futures trade because it's been more tax efficient to hold ETFs. I do plan on getting short a few ES contracts soon though as the cycle turns!Ignored
DislikedI'd be very very careful about energy ETFs like DGAZ and UGAZ. Check out these long-term charts of them: {image} {image} I haven't looked closely at these two, but this typically happens due to the future curve and leveraged ETF decay. You could make a profitable strategy by just shorting these kinds of products. For ETFs, I like equity indexes like VOO and QQQ and their leveraged counterparts UPRO and TQQQ. A lot of the gold ETFs store gold in vaults so they don't run into the same problems futures based ETFs have. IAU is probably the best but...Ignored
DislikedNo, I've never paid for data but there probably is a difference. Paid tick data should be unfiltered, whereas free data is usually filtered. It makes no difference on higher timeframes, but might matter slightly on low time frames or for programming systems.Ignored
Disliked{quote} I see. do you intra-trade or day-trade ? or , you leave the position open for couple of days...I have always , most of the time, done intra-day ( max couple of hrs ) . I am learning swing trade now.Ignored
Disliked{quote} I see. do you intra-trade or day-trade ? or , you leave the position open for couple of days...I have always , most of the time, done intra-day ( max couple of hrs ) . I am learning swing trade now.Ignored
Disliked{quote} TOS is very robust platform but it's definitely going to take couple of more days for me to understand it and be able to click around. I also called TD today and they hooked me up with the live feed. I was just thinking to myself what would it be like if I just do everything with TD Ameritrade...just a thought.. . For now , I have a plan to use IB for execution, that decision of mine is based off different reviews as given on different websites. as you are practically already using TOS for charting and IB for execution of orders , so let...Ignored