Sterling Trading Tech, a software firm that provides a variety of trading platforms to individual and corporate traders, is the company that developed the software application known as Sterling Trader Pro. As one of the most well-known trading platforms, major institutional investors and experienced traders utilize it. So, we had to do a Sterling Trader Pro review.
The platform has earned a stellar reputation for its remarkable performance and lightning-fast order execution, its vast range of electronic communication networks (ECN), and its comprehensive capability for making in-depth trading decisions.
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Sterling Trader Pro Review of Their Offerings
Our Sterling Trader Pro review finds them to be a full-featured Level II trading platform. Sterling Trader Pro is for professionals who deal with the fast-paced electronic markets.
Sterling Trader Pro is a powerful trading program. You change to fit your needs. It has a suite of trading tools, advanced charting, and real-time market data. Therefore, this is the webpage where you can investigate the other products that Sterling Trader Tech offers.
To get the most out of Sterling Trader Pro, use it with the platform. For expert-level traders, this platform is a must-have resource. Traders can customize the platform’s many features and capabilities to meet their needs.
How It Works?
If you want to know how well you’re doing as a trader, regardless of your skill level or experience, there are some metrics you can utilize. On the My Portfolio tab, you can immediately see important metrics such as your overall profit, average gain (in dollars and percentages), and winning trades (in percent).
If you want to connect to a broker, you must sign up for an account with a brokerage that has Sterling Trader Pro. After you’ve created an account, the next step is to download Sterling Trader Pro and log in with your credentials. Your trading account is accessible, allowing you to place orders and monitor your accounts from that location. Let’s continue with our Sterling Trader Pro review.
Main Features
- Imbalance Monitor: Traders who monitor imbalances will find a window tailored to their needs on the Sterling Trader Pro. This tool makes it easier to spot market imbalances, including heavy buying or selling pressure, that can indicate a trend.
- Locate Monitor: An easier and faster way to set up orders at the terminal. A Sterling Trader Pro review finds that it makes placing a short order on HTB (Hard To Borrow) stocks possible. You can find the majority of HTB stocks in the terminal. Putting the number of shares and ticker symbol gets you the stock price. The data gets delivered quickly and without any lag.
What Kind of Person Is It Created For?
Sterling Trader Pro is for active, experienced traders. It’s here to meet the requirements of retail broker dealers, proprietary trading firms, hedge funds, and institutions. Let’s continue with our Sterling Trader Pro review.
Sterling Trader Pro Review of the Pro’s
- You can use Sterling Trader Pro with little instructional and educational aids.
- Offers an easy-to-use interface, fast order execution, advanced order types, and direct market access to more than 100 global platforms.
- It offers many ways to make it your own, such as hotkeys, unique layouts, and the ability to write advanced scripts.
- Download the Sterling Trader Pro app on iOS and Android phones. Traders can trade while they’re on the go with the app, which has many of the same features and functions as the PC version of the platform.
- Sterling Trader Pro has a simulator that traders can use to test out trading methods and the platform’s features without putting real money at risk.
- You can learn how to use Sterling Trader Pro using tools like user manuals, webinars, and online tutorials.
- A free demo of Sterling Trader Pro is offered to all users here: Free Demo.
- Our Sterling Trader Pro review finds they offer basket trading.
- They can utilize international currency markets.
- Real-time Level II market data
- Market data watchlists
- Sophisticated real-time scanning
- The platform is software that may be customized and rebranded by other companies. A broker can purchase a license from Sterling and attach its branding to the software, a popular industry practice.
Sterling Trader Pro Review of the Con’s
- This Sterling Trader Pro review of their fees and commissions finds they vary per broker. So, it would be best to research which brokers charge how much.
- What kind of customer service Sterling Trader Pro has will depend on the company you pick. It’s important to look into how different brokers handle customer service to ensure you can get help if you have any problems with the site.
- Although it is a powerful trading platform, beginners may not find Sterling Trader Pro the best fit. The platform could be daunting for anyone who has never used trading software. With the correct training and support, Sterling Trader Pro may work for traders of all experience levels.
Who Are They Compatible With?
Download the Sterling Trader Pro app for iOS from the Apple Store or Google Play if you are constantly moving and require some time away from your desktop computer’s screen. Let’s continue with our Sterling Trader Pro review.
Sterling Trader Pro Review of Pricing
Your selected broker will determine Sterling Trader Pro’s specific fees and commissions. Some brokers may not charge anything for using their platform, while others may have a membership fee or a per-trade commission.
Sterling Trader Pro can cost anywhere from $100 to $300 per year, depending on your chosen broker. Some brokers will even waive the fee if your monthly trading volume exceeds a certain threshold, often around 300,000 shares.
Your broker will decide the precise deposit amount required to access Sterling Trader Pro. Some brokers may need a payment of $2,500 or more before granting access to the platform. Please do your homework on the specific requirements of each broker before signing up for an account with them.
Additional Information
Various tools are available to help you learn how to use Sterling Trader Pro. These options include online lessons, user guides, and webinar participation.
Platform users have the opportunity to receive training and support from many brokers. In addition, you can discover other traders that utilize Sterling Trader Pro in online forums and communities. You can engage in professional discussions and share tactics with them.
Although Sterling’s brokers are still the best people to talk to if you need help with their tools, the developer does offer some useful links. Sterling offers thorough software user guides on its website.
Check out this video on YouTube for a more detailed Sterling Trading Pro review of how the software works: Intro to the Sterling Trader Pro Platform for Professional Traders.
Customer Support
How helpful the customer support is with Sterling Trader Pro depends on your chosen broker. Some brokers may only cover their platform in support policies, while others may cover all their products.
Our Sterling Trader Pro review finds that you should ensure you can reach a live person in the case of platform issues by researching the broker’s customer support options before signing up.
Sterling Trader Pro Review of Competitors
A Sterling Trader Pro review found a list of competitors if you want to look elsewhere. Those are:
- DAS Trader Pro: A direct access trading software with multiple brokers.
- Seeking Alpha– Stock market analysis tools for portfolio management
- Unity- Multi-asset trading system
- Backstop – Investment management platform
- StockMarket Plus- Investment tool for managing a portfolio of stocks.
Direct access trading capabilities and speed are two of the most significant benefits that Sterling Trader Pro possesses over other platforms that compete with it.
However, this contrasts with trading through third parties or non-direct access. Those traders who place a high value on volume and quickness will find this very encouraging news.
Final Thoughts: Sterling Trader Pro Review
We hope you enjoyed this Sterling Trader Pro review. Your search for a first-rate trading tool is over. A professional trader was the target audience for the Sterling Trader Pro.
The website’s many customizable tools and features allow traders to find what they want. Many proprietary trading companies and professional traders use Sterling Trader Pro, one of the best stock trading programs out there.
Frequently Asked Questions
Price can vary depending on what you're trading. Check with your brokers about the Sterling Trading package you choose.
Sterling Trader Pro is a good, highly executed trading order platform. You'll get good order fills.
Order fills for both platforms are good. However, aa Sterling Trader Pro review finds that their charts are better.
Yes, they do have a trading simulator available.
