What brokers will allow me to automate my strategies?
There are several quality brokers that help facilitate trade automation
by providing an API. An “API” allows programmers to communicate
and send orders through their trading platform. Another option that
requires far less programming is to use TradeStation.
Interactive Brokers
This is the broker I use and highly recommend. Their API is very
easy to use, especially with java. They also have fairly competitive
commissions. The biggest problem with IB is there customer service.
However, in the few years I have been with IB, I have never needed
to call customer service for any reason.
Interactive Brokers
Genesis Securities
This is another broker that offers an API. I have never used them
so cannot comment on their service.
Genesis Securities
TradeStation
What is unique about TradeStation is how easy it is for non programmers
to use. Getting started with TradeStation can be much quicker, however
using a canned program such as TradeStation may not allow you to
do all the things you want to do.
TradeStation
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