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InstaQuote Review
Instaquote provides innovative solutions that help in leveraging the trading skills. It is very powerful and very reliable charting software that is used by professionals in many countries. The functions are powerful with high end interfaces and the qualities of results have been supreme in nature. Though powerful it is very easy to understand and customizable to suit the discerning investor needs. There are plenty of important features that take it one step ahead of its peers. The key to its success lies in experience and continuity of the developers. Since its launch in 2001 it has grown leaps and bounds both in the popularity segment and advancement sector.
Instaquote is a top notch program. Its execution speed is very fast. One can obtain data direct from exchanges like IAC, NASDAQ, and ecn books including ARCA, INCA, ISLD, BRUT plus NYSE Openbook. One can also trade with any broker through the dot line service with bbss and cap connectivity. Reliability makes its credibility go a bit higher. One can get access all major ECN’s and custom FIX routes in one platform. This is something missing in other platforms. It works well for users working on low bandwidth but requiring precise data with fewer bottlenecks.
The layout is flexible providing full functionality including institutional order handling and click capabilities. It came out strongly as a charting software covering rang of markets including sixty days intraday ad ten day historical data plus overlays and option charting. The platform is responsive to the needs of the business required. Only a internet connection is required with no additional hardware to perform trading. Large trading floors can be connected with a local loop T1 and a single router. With the help of easy-to-use interface user are provided with same tools and market information that professionals enjoy. Other notable features include Market minder, option analysis, Time to sale, basket trading, Alerts.
Alerts allow the trader to be free from watching every tick. One can select the stocks from the options provided that one wants to follow and set alerts on them. Every change in them will be reflected back and keep the trader informed. It also has the option of email notification. The fundamental data window provides the user with huge amount of company information. It is always beneficial to know the P/E ratio of the stock, earning per share and dividend. Technical analysis is also available on the charts. There is a wide range of drawing tools that helps the trader in any possible way. Traders can also manage their portfolios through portfolio manager. It offers the trader a chance to create multiple accounts and manage them efficiently. It is very essential to choose a right trading platform. Instaquote is one of the best out there in the market. There can be more improvements on order entry options such as a range of time in force. There is scope of improvement in charting software though at present also it is very powerful. It is worth the price quoted by the company.
I use a direct access broker with IQ. Use IQ as my platform. It is horrible if I want to use it on level 2 to trade any pink sheets. Can’t see a thing. No view at all of who has the stock and at what price. Just bid at the top. Horrible. Wish I could find a direct access broker with IQ who has a much better set up for when I feel like trading OTCBB and pink sheet but they would have to match my brokers price. If anyone knows email me.
In response to the comment by “S”, what are you doing trading pink sheets and OTCBB stocks anyway? There’s no quicker way to financial ruin than to mess with that garbage. I’ve seen people reduced to tears who took a gamble on a pink sheet stock and lost it all. You might as well go to Vegas…at least you’ll have some fun in the process. Seriously, though, stock trading software can only be as good and as useful as its operator. If you really want to make steady, long-term gains, then use your platform as a tool, use your brain, and only trade stocks that are on the NYSE or NASDAQ. There is a greater level of regulation with these markets that are in place to protect everyday people like me and you.
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