r/algotrading
What broker do you use for automated trading?
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Just as the title says. I currently use Schwab. But it is not a live tick level stream. It is an update stream. So my delay is around 1.5 seconds. Not terrible to some, but as a 0dte trader it can be a huge difference. So what broker do you guys use? And is it the same place that you get your market data stream from for your engine or do you use a hybrid approach for faster data in but still execute real order via the brokerage API? If so, what data stream provider do you use? I was looking at databento and thetadata.
Extracted from these lines
[comment u/wsxedcrf] I use ibkr, but you go to thave a IB gateway setup, I use docker container to set one up that I need to reauthenticate once per week.
[comment u/absurd_atheism] honestly I just use interactive brokers, the api is kinda messy but it works once you get it set up.