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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Dustin who wrote (10342)10/3/2000 11:51:51 PM
From: -  Read Replies (3) | Respond to of 18137
 
I've used both Cyber and RTIII, they are very similar... RTIII is a bit more stable and is more robust when running over dialup (<56Kbps) lines. CyberTrader has a few more bells and whistles but the differences boil down to a nit. ECN capabilities (REDI, ARCA, etc) are very strong in both; RTIII has been enhanced a lot recently (e.g. ECN-held stops). The refinements have made the differences inconsequential, although RTIII is an older trading platform. The key differentiation that really matters to the trader is the brokerage behind the software...that is the most important consideration, unless you're scalping for 1/8th and 1/4s all day. It's clearly a big plus that Schwab owns Cyber now; but I don't think you can beat MB Trading when it comes to a brokerage - their customer service track record/reputation are well established and widely known for several years now. The Cyber folks are doing quite well too, they have more customers and Schwab is an awesome company with the highest customer service ethic (I've done a lot of biz there for 10+ years). ProTrader's Gr8 Trade is also a slick/interesting platform, and ProTrader (formerly Cornerstone) is an extremely well-run and innovative company. Just my personal opinions/experience after using all of the above - and I don't pretend to know it all about this - am open to learning more!
-Steve