Best (and cheap) Futures Broker to work with MW in US?

pstock

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Nov 23, 2020
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Hello:

I am new to Motive Wave, and looking for good and cheap Futures broker who works with Motive wave.

So far, I found out:
TOS - does not provide data feed for Futures
Tradovate - $15/m for CQG connection + $13/m for second set of market data (i.e. $28/m)

Does TradeStation or IB or Tradier or any other US broker - who does not charge additional fees to connect to MotiveWave?

Thanks
 

igor.s

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If you are looking to trade futures consider brokers offering either CQG or Rithmic connections.
 

Donovan2580

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I would recommend Stage 5. I switched over from Tradestation and Tradovate.

I pay $23/month all-in for data (CME Futures). That is for CQG (Same data feed that Tradovate uses). You can get Rithmic for a little more if you think you need it.

Their commissions & margins are also very fair. Paying $4.00/ES & $1.24/MES round turn (That includes fees)

Once you get set-up with them, they will provide you with a MotiveWave username and password - Doesn't get any easier than that.

Hope that helps.

Donovan
 

trdrbust

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Nov 13, 2020
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MW shows up in the list of free platforms when filtering on free platforms but the MW card does not have the "free" header like tho other ones
 
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