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TC2000 Brokerage vs. Interactive Brokers Rate this Topic:
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Corto
Posted : Monday, November 07, 2016 12:02:26 AM
Gold Customer Gold Customer

Joined: 6/5/2015
Posts: 56

I am using Scottrade for several good years and got used to their interface, but now they got bought by TD Ameritrade and commissions will sure go up pretty soon.

So I opened an account with Interactive Brokers just to test their tools. TWS and even Web Trader seem overly complicated for what I was looking for. Or was it my age? Then I said: since I use TC2000 for all my charting, scaning, etc.,  why not try the TC2000 brokerage? Commissions not quite like IB, but still pretty reasonable compared with my current Scottrade.

So I am looking for your feedback on using it please. I am mainly interested in option trading  - nothing crazy, just covered calls and cash secured puts. I searched through the posts first and could not find much talk about it, but still hope on some replies.

Thanks,

Corto

ltharris64
Posted : Monday, November 07, 2016 2:38:36 PM
Platinum Customer Platinum Customer

Joined: 9/19/2010
Posts: 23

Why not use TC2000 for charting application an IB to execute your trades?

Corto
Posted : Monday, November 07, 2016 4:04:12 PM
Gold Customer Gold Customer

Joined: 6/5/2015
Posts: 56

I find IB interface excessively complicated and frustratingly hard to navigate through.

Bruce_L
Posted : Tuesday, November 08, 2016 5:39:55 PM


Worden Trainer

Joined: 10/7/2004
Posts: 59,179

You might want to contact TC2000 Brokerage directly if you have any questions.



-Bruce
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Corto
Posted : Wednesday, November 09, 2016 9:52:01 AM
Gold Customer Gold Customer

Joined: 6/5/2015
Posts: 56

I did and customer service is as quck and great as for the charting service.

tuycoon
Posted : Saturday, November 19, 2016 8:44:33 AM
Gold Customer Gold Customer

Joined: 12/26/2014
Posts: 1

I too am a Gold customer with an interest in the TC 2000 brokerage service.  But there seems to be a complete absence in these forums of any discussion whatsoever by active TC2000 brokerage users, which I find exceedingly strange.  I find it difficult to commit to a brokerage account with TC 2000 in the absence of any reviews, user comments, user forums etc.  In this day and age one can find a user opinion for every book, gadget, piece of software, broker, stock that exists---except apparently  for TC2000 Brokerage service.  Why not?  I am perplexed.

Richard

StockGuy
Posted : Saturday, November 19, 2016 10:16:56 AM

Administration

Joined: 9/30/2004
Posts: 8,681

tuycoon,

TC2000 Brokerage is relatively new so I'm not surprised that you cannot find a lot of feedback/reviews on it.  Their clearing firm is Interactive Brokers, Inc. which is, of course, very well known. Since you're already a TC2000 customer, you have access to the simluated trading features in version 17.  If you like it and would like to trade with a real account, then just give the folks at TC2000 Brokerage a call and they'll be happy to answer any questions you have. http://www.tc2000brokerage.com/

loneflycaster
Posted : Thursday, December 15, 2016 11:12:02 AM
Gold Customer Gold Customer

Joined: 12/7/2004
Posts: 3

I tried to open a TC2000 brokerage account, but could not complete the application for some reason I could not determine.  I talked to the TC2000 support staff and they were of no help so they won't get my business.

I have also tried ti use the test portfolios, but found the setup for a trade confusing and not easy to set up the way I wanted to use itl.

StockGuy
Posted : Thursday, December 15, 2016 11:28:26 AM

Administration

Joined: 9/30/2004
Posts: 8,681

Just curious, did you call TC2000 support or TC2000 Brokerage support.  If you haven't called the brokerage customer service I suggest giving them a call and they can help you with account setup 1-800-508-9150.

stock_daddy
Posted : Friday, December 16, 2016 9:51:09 PM
Gold Customer Gold Customer

Joined: 4/24/2012
Posts: 1

I would use the cheapest broker to execute trades and TC2000 to watch price and study charts .

 

karkoush
Posted : Wednesday, January 11, 2017 12:11:07 AM
Gold Customer Gold Customer

Joined: 9/28/2014
Posts: 10

I have opened a brokerage account with TC2000 brokerage. my experience so far is not encouraging to say the least. one gets lost between the scanner, the IB and the brokerage. manythings are not clear. I called yesterday to both listed numbers (1-800-776-4940 or 1-919-408-0542) and I was asked to leave a messege which is unacceptable. I am giving it another thought before funding the account for now.

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