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DAS Trader Pro will work with TD Ameritrade (Aug 2020)?

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Ref to this webpage https://dastrader.com/subscribe/. Seems Das Trader Pro will soon work with TD Ameritrade.  It should be a good news for for those who have TD Ameritrade accounts. I heard that ThinkOrSwim / TD Ameritrade has issue of slow execution, especially during the first few minutes after market opens.

When we place order in Das Trader Pro, are the order executions exclusively managed by DAS Trader Pro, or dependent on the broker? If it’s managed by Das Trader Pro, I understand the order execution should be very fast because DAS Trader has direct access to the market. If it’s still dependent on the broker (e.g., TD Ameritrade), there will probably still issue of slow execution.

Edited by DP
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Hi DP, I was trying to find how to set up TD Ameritrade with DAS and saw this post. In the chat this morning it seems some people already started trying it out. I don't know the answers to your questions, but another member said there is a split-second delay compared to using Interactive Brokers. 

If it helps anyone, here is the link to DAS site about TDA. I am going to set it up for myself this week. 

https://dastrader.com/docs/td-ameritrade-advanced-features-status/

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An update...so I chatted with DAS support last week and they told me that this is for a beta test group right now, but we can request this starting October 15th.

The support person told me there will likely be an extra fee in case you want to keep both your current broker set up and the TD Ameritrade. He/she didn't know what the charge will be. 

Lastly, they if I want to use both IB and TDA at the same time in DAS, I would open to different versions of the platform. My current one and one created for TDA. 

This is what I found last week, but I guess anything can change when they actually launch this. 

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Hello Trinity,  thanks for your updates. Are you now using DAS-TDAmeritrade combo ? If yes ,what has your experience been like. I have a TD Ameritrade account which I'm yet to connect to my DAS. If there is no difference in execution speed at any time of the day, then it might be a good idea to swap from IB to TDAmeritrade  due to the zero-commission  in the latter. 

 

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Hi Loluwilliams, no I havent tried it yet. I am also waiting to see if anyone else has done it first.

I am hesitant because I heard there is a split second delay with TD vs IB. I tend to scalp for very quick trades so I figure the TD delay might cost me the same in worse order fills (vs IB commission). I don't know if that's true, but I am going to stick with IB for now. 

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On 11/16/2020 at 2:25 PM, Trinity said:

Hi Loluwilliams, no I havent tried it yet. I am also waiting to see if anyone else has done it first.

I am hesitant because I heard there is a split second delay with TD vs IB. I tend to scalp for very quick trades so I figure the TD delay might cost me the same in worse order fills (vs IB commission). I don't know if that's true, but I am going to stick with IB for now. 

Thanks for your feedback

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