TradeFreedom vs. NDX Trading
63Which is the best online brokerage: TradeFreedom or NDX Trading?
TradeFreedom Securities, Inc, Canada's leading direct access broker, provides an ideal platform for active traders, investors and institutions to directly access trading services as well as execute U.S. and Canadian equities, options and futures at competitive prices. A member of the Investment Dealers Association and the Canadian Investor Protection Fund, the company offers customized financial services for active traders and investors, brokers and institutional money managers. The company recently introduced forex trading in order to complement their broad series of equities, options and futures products. TradeFreedom introduces its accounts to Penson Financial Services Canada Inc., which plays the role of the carrying broker.
TradeFreedom offers a comprehensive array of features and services for traders which includes extremely low trade commission fees. The company executes trades for $9.95 and is known for its extreme reliability and convenience. The other major benefits include no monthly trade minimums, no account or inactivity fees. In addition, TradeFreedom provides a significant choice of web-based or desktop direct access platforms with streaming real-time quotes at no extra charges and no monthly trade minimums as well as trade stocks listed on the TSX, TSXV, NYSE, AMEX and NASDAQ, including OTC Bulletin Boards (OTCBB) and Pink Sheets.
TradeFreedom gives direct access connections to all prominent exchanges and ECNs. The customer can choose to route his orders directly to one of the leading ECNs and electronic exchanges or he can select TradeFreedom's Intelligent Auto Routing algorithm (FAST) which routes the trade order to the best execution venue. Moreover, TradeFreedom provides traders and investors a variety of sophisticated order types which offer tremendous flexibility in placing trades.
NDX Trading, Inc, a broker/dealer based in Minneapolis is one of the global pioneers in brokerage industry. The company specializes in creating direct market access to all aspects of the industry. The company offers numerous benefits for traders such as direct access for clients to NASDAQ Level 2 data, alerts, charts, studies, Dow Jones Business news, customized filtering software as well as direct access to the market. NDX Trading, Inc. provides two different trading platforms to Institutional traders and Money Managers. An FIX compliant broker/dealer, the company's trading platforms are capacitated with order routing capabilities and is equipped with multiple execution systems which gives customers various options for executing orders. Orders could be directed to all main ECN's, including Instinet, Island, Archipelago, SelectNet, AMEX, and NYSE via the SuperDOT. NDX Trading provides fast and convenient trading solutions to institutional services as well as money managers and hedge funds.
Nayanathara. S
Hi-Tech Editorial Division






