Buy Sell Stock Online

Choicetrade Review 2012

Rated at 4 stars. Rated "Best for international traders". During the week of expiration, as many as 500 options contracts are allowed to be traded without any cost.  (UPDATE: Choicetrade no longer allows free option contracts during expiration week, but they now offer .15 per option contract instead of .55.) A web-based trading site, which necessitates absolutely no plug-ins was launched in Feb. This allows the site to be ran on any device, including an iPad. The staging area of orders permits users to keep a watch list of their store trading parameters. The staging area also allows users to preview a trade and swiftly send it to market. This software-based system is tremendously fast and highly powerful. There is no sharing between the platforms and watch lists. There is a limitation on the portfolio analysis.

ChoiceTrade has been one of the most popular and successful online brokerage firms. They are committed to provide state-of-the-art tools and latest technology to its customers and provide the best opportunities for realizing success in their trading endeavors. In their penchant for providing new features for their customers, they have launched seven new features for 2012. The various items listed for 2012 are:

* Streaming HTML5 site: ChoiceTrade has upgraded its website to provide Streaming HTML5 so that now even iPad users can avail their services. HTML5 provides better service than Flash and thus real time market data and charts are now easily available with HTML5. The drag and drop functionality provided by HTML5 enabled website makes user interface better and easily configurable.

* Basket Order Entry: Users are now allowed to place basket orders with all their favorite stocks queued up for execution all together. This saves time and effort and thereby promises better trading experience.

* Order Staging: It allows the users to keep a watch list of their trading strategies and parameters. The order staging also allows users to preview the trade and execute.

* Contingent Trailing Stops: It helps the user to place a market order to sell when the trailing stop price is reached. The contingent order facility provides the most flexible way to automate stop loss.

* Premium News: Real time news updates and historical news is provided from all the major reliable news sources. This keeps the user updated with all the action happening in the trading market.

* Automated Wheel Orders: The innovative "Wheel Order" format is tailored for advanced contingent and conditional orders. This helps the user to set automated wheel orders which is easy to visualize and helps in setting up advanced orders like Basket order, OCO and looping contingent orders.

* Full Technical Analysis suite: The suite helps in deciphering the patterns followed by stocks. Advanced charting and technical analysis of trends helps in making the correct decisions and maximizes profit booking.

ChoiceTrade Trading Platforms

QuoteStream

Undoubtedly, Quotestream has proved itself as the most effective web based trading platform due to its broad coverage, consistency, reliability, flexibility, advanced analytical charting, and in depth research data. Backed by latest technology, Quotestream is highly sophisticated yet user friendly and dependable. The following reasons justify its claim of being the best solution available in market:

* Easy to access without any software download, installation, technical support

* Highly Cost Effective

* Access to all trading markets like Equities, Commodities, Funds, Futures, and Indices

* User friendly interface with drag and drop features and configurable layout, color and font display

* News Alert utility including emails to users

* High Portability wherein Quotestream can be accessed from anywhere across the globe

* Reliable and consistent dual Ticker Plant processing

Quotestream provides real time streaming data which enables fast data delivery and provides low latency. User is allowed to create and customize multiple portfolios as per need. Each portfolio allows 300 symbols, and there can be 30 portfolios which mean a user is exposed to 9000 symbols at a time. Quotestream enables multi-screen set ups with fully configurable floating modules. The symbols added in a portfolio can be sorted according to the price, volume, percentage of change, alphabetical order etc. Quotestream provides an access to real time market news from highly reliable sources like Dow Jones News, Business Wire, PR Newswire, Midnight Trader etc. Integrated charting and advanced analytical charting provides you with an edge in the market, wherein it becomes easy to predict the market movement. The market indices provide dynamic data of various North American and Global markets. In short, Quotestream provides amazing features which enables a user to trade easily and with conviction.

ChoiceTrade Direct Pro

Choicetrader Direct Pro provides a standalone trading platform that facilities direct access trading, streaming real-time data, watch lists, intelligent order routing, configurable charts, news alerts to safeguard your positions, options trading etc. Commission fees applicable for Choicetrader Direct Pro trading platform is one of the least in the market. Customer service provided by Choicetrader is superb and dedicated to provide the best service. Ease of usage and various features make Choicetrader Direct Pro an obvious choice for all traders.

Choicetrader Direct Pro platform provides four essential windows for trading: Trade Montage, Accounts, Positions and Orders. Trade logs are available for monitoring all trades executed intraday. There is an option to lock your Trade Montage window so that accidental Buy or Sell orders aren't placed. The Route Config utility allows the user to select the most often used routes like ISLD, ARCL. The Position window displays all the open positions. The Accounts window displays the account information like account type, realized and unrealized gain, Buying Power, Shares, Number of Trades executed etc. The Order window displays all open orders along with their details. Time & Sale is an important standalone trading tool which accumulates all the information involved in a trade and displays them in a configurable layout. Choicetrader Direct Pro allows linkage of Charts to a Trade Montage window. Alerts and Triggers enable a user to set parameters and trigger a visual/audio alert when the parameters are met. Choicetrader Direct Pro can be integrated with eSignal. To conclude, Choicetrader Direct Pro trading platform provides a plethora of reasons for its popularity and success.

ChoiceTrader Select

Choicetrader Select provides a direct market access platform suited for traders who prefer high paced trading, reliability, mirrored data and dark-pool access. Being powered with eSignal, Choicetrader Select provides real time trade data. The trading platform is specifically designed on 64-bit to operate over the web. It is known for its consistency, reliability and extremely low latency executions. Choicetrader Select is one of the best offerings from ChoiceTrade and offers the most reliable platform available in market. It is a time tested trading platform with excellent execution speed and great reliability.

Active traders prefer the Choicetrader Select trading platform, which provides all of the services of the online platform plus direct access trading, advanced order entry, and algorithmic trading. Select platform can be configured by the user to suits his needs and requirements. Basket orders can be placed wherein the user can create a queue of favorite stocks and have them executed all together. There are programmable hot keys to enhance speed and efficiency. Mirrored data provides faster access and accessibility all throughout the globe. Advanced charting and news alerts are provided which enables the user to make the most of a trading session. ChoiceTrade Select has proved itself as one of the most robust front end trading platform driven by eSignal and available with the least commission fees.