What is myTrack?
What advantages does myTrack offer me?
What features do I get?
What can I get for FREE?
What do the experts say about myTrack?
How can I open a myTrack account?
What is myTrack?
myTrack is a fully integrated online trading and market
data system. myTrack is software that you install on your computer, either by downloading
it from this site or installing it from a CD that we can send you. Click here to download myTrack now.
You dont have to use the two facets of myTrack
together. You could use the market data portion all on its own, without ever opening an
online trading account, if you choose. Click
here to find out more about myTrack's market data.
What advantages does myTrack offer me?
- Constant Connection
- Speed
- Professional-Style Trading Platform
- Direct Access/Intelligent Order Routing
- TradeToday
Constant Connection
A software-based trading platform allows you to have a
constant connection to our servers. Most online brokers have web-based platforms, which
require users to disconnect and reconnect with every page change. This is a far slower and
less reliable connection. You dont have to worry about the technical side. Just
think more speed and no time wasted waiting for slow web pages to load.
Speed
If youre used to looking at web sites for financial
information and web site-based trading, you might not believe how fast a software-based
platform can be. Streaming information is waiting for you.
Click here for disclaimer.
Professional-Style Trading Platform
The myTrack system is based on the trading systems used by
the pros. Its not only fast, it integrates the market data and trading well, so you
can easily place a trade when you want to.
Direct Access/Intelligent Order Routing
myTrack is a direct access broker, which means it allows
you to designate which exchange, market maker, or ECN to send an order to. If youre
not comfortable with choosing, myTrack has intelligent order routing built in to get you a
good execution. Many online brokerage firms dont allow you to specify where your
order goes, which can result in an execution that isnt at the best possible price.
TradeToday
myTrack's high-speed account opening process means you
don't have to wait to begin trading. Click
here for details.
What are myTracks features?
Online Trading Features
The ability to do "one-click" trading (no
reconfirmation)
The ability to do "zero-click" or
"program" trading
On-screen trade confirmation as it happens
Integrated "trading pit" environment
Real-Time Buying Power
Filterable Transaction History
The ability to trade Equities (incl. Pink Sheets), Options,
Mutual Funds, and Futures
Chat/ Real-Time Online Help
Market Data Features
- Dynamically Updating Portfolio Monitor
- Customizable Columns
- Pricing Information on equities, futures, indices, and
options
- Scrolling News
- Personalized Scrolling Ticker
- Full-Text News Stories
- Basic Stock Reports
- Charting
- Market Pulse (technical market stats)
And, for a little extra money, you have
the choice of adding:
- Real-Time Pricing Information on equities, futures, indices,
and options
- Real-Time Dynamic Time and Sales
- Dynamic Nasdaq Level II quotes
- Real-Time News, including Dow Jones
- Historical News
- Powerful News Search Engine
- IntraDay Charting
- Alerts
- MarketScan (stock screening)
- Zacks Earnings
- Dynamic Option Chains
- Dynamic Future Chains
- AIQ TradingExpert Pro
What can I get for FREE?
It costs you nothing to open a myTrack trading account,
although there are fees for trading (e.g. $12.95 for stock trades). Minimum deposit is
$500 for a cash account and $2,000 for a margin account. If you open an account now, you
will get your first week of trading FREE. You will also receive myTrack Basic service for
free.
What do the experts say about myTrack?
Heres what Barrons
said about myTrack in its April 17, 2000 issue:
"myTrack, provided by Track
Data, has a one-click trading function that takes you quickly to a trading
screen, where you can buy and sell stocks, options and futures. There's a wealth of
charting functionality, provided by AIQ, and you can follow mutual funds (although you
can't trade them here). You can also follow foreign markets.
This is one of the easier programs to use. However,
there's so much here that you'll probably need weeks to find all the bells and whistles.
myTrack is running a contest that helps new users get comfortable with the software before
they start to use their own money. You also can chat live with someone in tech support if
you have a problem. Additional data feeds are available at different levels, based on
whether you're a Silver, Gold or Platinum member."
Barrons gave myTrack 3
stars (out of four) in its review of direct-access brokers, the second highest ranking
given.
Rankings based upon Trade Execution, Ease of Use,
Range of Use, Range/Reliability, Amenities, and Commission--as judged by the staff
of Barron's.
Heres what Technical
Analysis of STOCKS & COMMODITIES said about myTrack in a product
review in its April, 2000 issue:
"The first thing I noticed about myTrack? Its fast. Order execution
times for market orders placed in my live myTrade account were less than a second. With
the myTrade screen, I knew exactly what was going on and when my trades went through.
The myTrade product moves trades to whichever electronic communications networks (ECNs)
and market makers can accomplish the best price. Track Data has a dedicated line to
several ECNs and market makers to make trades as fast as possible for their
customers."
"It is clear that myTrack was developed around great customer support; there is
online technical support staff anytime you need a question answered."
How can I open a myTrack account?
You can apply online - it takes 5-10 minutes to complete
the application. And if you use our TradeToday
service, you can begin trading in minutes.
Click here to open an
account.
**Market volatility and volume may delay system access and trade execution.
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