Hello, I'm in the process of trying to execute my strategy with real money. I've had good backtests, and the strategy has continued to perform well in my 6 months of paper trading here on QuantConnect.
Now, I am looking for what broker would be the best for me. I am a US citizen, and I need to be able to buy and short US equities. I plan on trading with a few thousand dollars, making about one trade per week, and I am fine if the broker does not integrate into QuantConnect, as long as there is an API I can use.
Given my situation, does anyone have any recommendations for a choice of broker?
Derek Melchin
Hi Tripp,
For the easiest transition from paper trading to live trading, we recommend using one of our supported brokerages. Interactive Brokers and Tradier Brokerage are both great options to start trading equities.
Best,
Derek Melchin
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
David Eldringhoff
I use interactive brokers and love it for live trading with my algo on quantconnect.  When you say you don’t need it to integrate with quantconnect, are you just using the algo to feed yourself buy/sell signals?  If so, you could use Robinhood but I’m not sure they will let you short.  Interactive brokers is a good option IMO
Tripp Lyons
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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