Discover our detailed comparison of TC2000 and Tradovate to help determine which is best for you. Whether you’re a seasoned trader or just starting out, choosing the right platform can significantly impact your trading experience.
To make your research easier, we manually found key data for TC2000 and Tradovate across the internet and compiled it all in this article.
Key Characteristics of TC2000 and Tradovate
Provider | Platform Type | Tradeable Assets | Charting Features | Data | Premium Pricing |
---|---|---|---|---|---|
TC2000 Get $25 Off | Brokerage Platform | Stocks, ETFs, & Options | Downloadable desktop platform, no free options | Must buy real-time data | $8-$50 per month |
Tradovate Get a Funded Account | Futures Brokerage Platform | Futures, Futures Options, Forex | Charting platform with subscription fee including volume and market profile | Real-time data with funded account | $99 per month or $1,499 lifetime for reduced commissions |
Overview of TC2000
TC2000 is stock and options trading brokerage that also provides charting, screening, and options charting capabilities. While the software is good, there are various cheaper brokers available that do not charge for equity trading and have lower options commission, such as thinkorswim and tastytrade.
Overview of Tradovate
Tradovate is a futures trading brokerage platform with competitive pricing and trading tools. You can buy commission plans to reduce your commission rates and trade micro contracts for less than a few hundred dollars. It also has decent charting tools with advanced indicators like the volume profile, but I would still prefer TradingView’s charting.
Who is TC2000 Best For?
TC2000 is best for traders who don’t mind paying extra for advanced features like IB SmartRoutingSM, which helps ensure you get the best order fills. However, similar and cheaper brokerages like tastytrade provide excellent order fills, and charge significantly less commissions. If you are looking primiarly for a charting platform, consider using TradingView since most of its features are free to use.
![](https://www.financialtechwiz.com/wp-content/uploads/2024/06/tc2000platformimage.jpg)
Who is Tradovate Best For?
Tradovate is best for those looking to trade futures with low commissions, especially if you trade enough to justify a monthly fee to lower your rates. However, Tradovate is primarily only for futures, so it is not for those looking to branch out into other assets like stocks and ETFs.
![](https://www.financialtechwiz.com/wp-content/uploads/2024/06/tradeovateplatformimage.jpg)
Trading Features and Tools
Provider | DRIP | Margin Trading | Insurance | Mobile App |
---|---|---|---|---|
TC2000 Get $25 Off | No | Yes | SIPC Insured | Yes |
Tradovate Get a Funded Account | No equity | Yes | Not insured | Yes |
Trading Costs and Commissions Compared
Fee Type | TC2000 Get $25 Off | Tradovate Get a Funded Account |
---|---|---|
Equity Commission | $1 + $0.005 per share | No equity |
Option Commission | $1 + $0.65 per contract | No equity options |
Futures Commission | No futures | $1.29 per contract, $0.35 micro |
Futures Options Commission | No futures options | Not specified, likely the same as regular futures |
Option Exercise Fee | None | None |
TC2000 vs Tradovate – Bottom Line
Choosing between TC2000 and Tradovate depends on your specific trading needs, preferred trading tools, and the type of assets you’re interested in.
Both platforms offer distinct advantages, but by considering the detailed comparison above, you can select the one that aligns best with your trading strategy and goals.
For more detailed reviews and comparisons, continue exploring our other articles on brokerage platform comparisons.
What is the Overall Best Charting Software?
I have reviewed and used nearly every trading platform available, and I believe that TradingView is the best overall charting software available. Here are some reasons why:
- All of TradingView’s key features are free to use
- TradingView provides real-time data for free whenever possible
- You are not tied to a single broker and can use whichever you want while charting on TradingView
- You can track all markets on a single platform, including stocks, ETFs, crypto, forex, and futures.
- TradingView has an excellent economic calendar and various screeners
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