Tradovate: Trade & Invest 4+

I’ve been trading for 3 years and this is the best platform that I’ve seen for beginners. I’ve always been the type to say “ I don’t do demo accounts” and because of that I lost so much money. Tradovate’s demo account is exactly the same as a real account, there’s no way you would know that your on a paper account while trading unless you see your account name that says demo. This is amazing, I have been on a demo account for a month now and it has totally changed my perception. Also, minimum margin for futures allows you to trade with more size with less money. This can be dangerous for newbies but if you paper trade first you can be sure your strategy works and make hella money once you go live. Totally recommend this broker for ES/MES futures!

When compared to other futures trading apps out there, this is garbage plain and simple. Navigating different charts, labeling, managing risk, etc….Is all a massive pain. Even the simple task of adding a limit order to a specific price is difficult for it. I’d stay far away from it, or simply trade on the desktop. But even Tradovates desktop app is pretty poor so I’d find a different broker altogether.

Another annoying part of using this is the constant pop ups. Constant updates regarding a position or balance just appear on the screen, often times blocking important buttons. I have had many instance where I was trying to manage a position but couldn’t because I had to swipe these annoying things out of the way. Once they start they seemingly do not stop. It’s completely ridiculous that it happens and shows that the developers do not actually use this. Additionally, there are far to many instances where hitting an order or flatten button just doesn’t work.

Since the last update, I have noticed many, many bugs that were not there before, such as;
- Unrealized P/L frozen. When I am in a position, Unrealized P/L stays frozen when I switch back and forth between apps on iPhone. For example, if I switch from Tradovate to Think or Swim then back to Tradovate, my Unrealized P/L will stay at the last number before I switched apps, every time.
- Logging in. When faceID fails to recognize me, there is no button to press to retry faceID.
I have to manually re-enter my password. (even though I selected the “remember my password” feature)
- Logging in Part 2. Once I am able to login to my account, I have to press the 3 bar icon at the top left of the screen, press ‘Switch to Another Environment’, then press ‘Simulated Trading’, whereas before, once I pressed the ‘Sign In’ button after entering my password, the app would prompt me to either select ‘Live Trading’ or ‘Simulated Trading’.
- Function bugs. For example, when switching between the Orders and Market tabs (or between any tabs), the app will frequently undo the last command. For example, if I am on the Market tab and switch to the Orders tab, the app will reverse this function, and take me back to the Markets tab, requiring me to do this process twice or sometimes even three times.