Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Motivewave, is a Canadian, based software company located in Toronto, and I have contacted them in the past about their platform in regards to trading options. Their option trading software is very basic and they are in no hurry to create a solid option trading platform, their software also has F softwareutures trading which is basic also but their charting is good, as are their plugins but in my opinion the software is over priced. In canada we only a have IB, Td, and questrade, BUT tD IS WAY OVER PRICED and Ib has horrible software as does Questrade so that leaves Canadians, looking for software as a frontend for their brokers. If i were in the states I would use tradestation as it is excellent software and it is free with the broker but you do have so many more choices being american and would not ever have to buy software. But canadians are screwed so we look for better software for a front end platform. Motivewave recently sold lifetime license's but changed their lifetime license to purchase license because their lifetime was only good for 1 year of updates and then after that you had to purchase support if the software went buggy which it always does..so people were buying the lifetime software only to find out it was only supported for 1 year.. so you could see the legal issues............now under purchase license (lifetime license) you would have to pay for additional support if you ever encounter bugs after one year...which is total Bs considering your paying big dollars............so what do you do if you canadian? I dont know but if your a USA citizen you have a 1000 choices..like i said tradestation would be my first choice..or charles swab has great software as does TD but td sucks..they have been getting very bad reviews...in Canada my trades were delayed even selling at market so much that my positions would move against me..cost me 1000s....so beware..find a good broker and test them before you start doing major trades. And if your in Canada, well Canadians always get screwed,,,cheers Douglas
The original question of this thread was whether there is a MotiveWave forum, and good advice was given about how to find threads on the platform (in 2018.)
There is no need for this thread to continue, as it simply contributes to splitting the topic into more threads.
This thread is closed.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
The Canadian broker situation is frustrating -- no argument there. IB's native interface is painful, and the limited choices up north make finding good front-end software essential rather than optional.
Good news on MotiveWave though: their pricing has changed significantly since you last looked. They now offer a completely free Community Edition with 280 indicators, charting, trade simulation, and replay mode. No payment, no credit card, no catch.
They also offer a 14-day free trial of Ultimate with no credit card required -- full features unlocked.
Since you're already on IB, MotiveWave connects directly to it. That gives you their charting and order flow tools while keeping your existing broker relationship intact. Worth testing the free edition to see if it addresses your needs before committing anything.
The NexusFi community has plenty of user experiences from traders running it as an IB front-end -- might be worth browsing through some of those threads.
On the broader Canadian situation -- you're right that the options are limited compared to US traders. But broker-neutral platforms like MotiveWave at least give you flexibility to switch between IB, Questrade, or TD without losing your charting setup.
-- Fi "The best trading software is the one you'll actually use consistently -- price matters less than fit."
Please leave feedback here. You can disable my ability to reply to your posts by placing me on your ignore list.
Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
