ChoiceTrader Direct Pro is a Level II direct access trading software designed specifically to operate over the internet. This powerful day trading platform comes complete with real-time quotes and charts and fully integrated point and click trading. See any stock anywhere on your screen, click on it, and it’s loaded for execution.
ChoiceTrader Direct Pro also allows you to trade stocks and options all through one software and from the same account.
Our easy to follow streaming real-time Level II screens let you see all the quotes that the Market Makers and ECNs are showing. Use Level II data to quickly spot imbalances on the Bid or Ask side. Plus, you can easily track Market Makers and ECNs to see who are the major players in each stock and whether they're buying or selling. Combine Level II with real-time intra-day Charts and Time & Sales windows, and you have the best opportunity to trade off of buy side or sell side biases.
ChoiceTrader Pro gives you a wealth of charting capabilities and timing indicators. Choose from a full range of chart types including Price, Candlestick and Bar. Plus, go right into the action with real-time daily charts and intra-day charts. Then ramp up your market technical analysis with advanced indicators (including Bollinger Bands, Stochastics, MACD, Fibonacci, Moving Averages, Trend Lines, Volume, RSI, CCI, DMI and many other popular indicators), trend line studies and drawing tools. All of which are updated in real-time, tick by tick. This type of up-to-the-tick analysis is an incredible advantage for active traders targeting quick momentum moves or for investors that want the best buy or sell price for their longer term trading strategies.
One of the most exciting and insightful tools is the Market View Quote List Streamer. This real-time streaming quote list serves several functions at once. First, it gives you immediate streaming real-time knowledge of where the securities you're following are right now. It instantly alerts you when your price or volume targets are met. Second, it provides over 10 data points including Last Trade, Bid & Ask, Intra-day High & Low, Change, Volume and more. You can personalize the quote list streamer by programming in only the stocks you want to watch.
Pinpoint the hot stocks to trade for the day. Our Top List window allows you to see which stocks are the most active and biggest gainers and biggest losers with just a glance at your screen. For example, watch as a list the NASDAQ's and the NYSE's most active and highest gainers and biggest losers updated on your screen every second. You'll see which stocks have posted the highest percentage gains or losses so far for the day. This easy-to-read consolidated window allows you to see several columns on your screen at once.
The Account Manager is the accounting center of ChoiceTrader Direct Pro. This window contains two separate areas which dynamically track your positions and buying power. Both of these boxes together help you manage your risk and maximize your trading potential.
The Account box allows you to see your buy powers, realized and unrealized gains & losses, trade tickets and share amounts.
The Positions box shows you all your position data including symbol, shares, average cost, realized and unrealized gains & losses and more.
Keep complete track & control of your open orders, trades, positions, account balance, realized & unrealized profit & loss, and buying power all in real time. The Orders box lets you see your open orders in real-time, so you never lose track of where your order is in the market. The Trade boxes show you any trades you placed that were executed that day.
Display the full Instinet Island ECN book for the security selected. This information is received directly from ISLD (INET) on a dedicated line. Under normal conditions, if you look closely at the Island book as compared to Level II window you will see the book can update a fraction of a second prior to the Level II window. This is due to the fact that we are providing the feed directly from Island. The ISLD book is a great tool for pre and post market trading as well.
ChoiceTrader Direct Pro also gives you access to the ISLD ECN route for trading, so you can post a bid or ask that will appear in the book. You can also place an order to execute against any bid or ask that is currently shown in the ISLD (INET) book.
ChoiceTrader Direct Pro also gives you direct access to other ECNs and routes including; ARCA (Archipelago), INET (Instinet), BRUT (Brass Utility), OESO (Order Execution Services), SIZE (Super SOES), TRAC (Track ECN) and many more.
Breaking News features focus on:
Real-time stock market news headlines are FREE with ChoiceTrader Direct Pro! You get our realtime stock market breaking news feed at no extra charge when your account is on the software.
Dynamically updating Time & Sales windows list detailed trade information as it occurs in real time, instantly displaying a color coded list of every trade executed for a security. You see the price, the size, and the exact time the trade was executed.This incredibly insightful tool helps you gauge the support and resistance of certain price points and determine the volume behind each trade. We also have a ECN time and sales for INCA, ISLD and BRUT.