Platform: S5 Trader.
My data choice to drive S5 Trader: CME only (you can also get COMEX, NYMEX, CBOT, ICE, and EUREX)
Markets traded: futures (mainly ES).
I use S5 Trader primarily to enter orders in its DOM and to run Jigsaw Tools.
I was migrating from an all-in-one brokerage to a more futures-focused broker, and Stage 5 made the process very simple, and their customer service reps were very helpful at each step (the process was quick too). It helps that each rep I spoke with was a broker. They were very knowledgeable, and they got me setup with the tools that I needed to hit the ground running. They offered a good commission structure and favorable margins. Regarding data, at least with my setup using S5 Trader, I only pay for CME with CME's special non-pro pricing of $5 with depth of market. No other fixed charges.
Stage 5's S5 Trade Analyzer is really a fantastic tool. It lets you export the trades by instrument, helping you really dissect your trades to identify strengths and weaknesses. You can also export to csv, which is a very big plus.
S5 is also home to FT71, and his free daily TraderBites on YouTube are very informative, and great for pre-market prep. As an S5 member, you also get access to new webinars, which are invaluable. There are also various member chatrooms that are active and monitored, making them very good places to learn from other traders.
I did a fair bit of shopping around for a new futures broker, and it was rather difficult to compare them all because so many of the websites in this market sector are short on important details. In the end, S5 had the perfect mix of the right tools, the right prices, the right people, and the right services, so the decision of moving to S5 was actually a very easy decision, and I'm glad I made the move. I'm a very satisfied customer.
This review is the subjective opinion of an ourinterestingworld member and not of ourinterestingworld LLC
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