MB Trading Futures - Introduction

Quoting tayser

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For those who've been waiting to hear about non-USD account denominations, I mentioned - on the side - that I'm sticking with demos in a support request I logged yesterday until I can get a live AUD account and the reply back was that it was to be announced soon.

Justin can you confirm this? I've asked twice on this thread now.

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Quoting ycomp

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I kinda missed the answers to these questions, I know they were asked... but if someone can just repeat the answer what justin said it would save me time searching through everything...

about Omega:

1) are there time frames less than 1 min

2) will this be real time data without lag... I read something about justing saying some kind of lag in charts of new efx navigator.. so was wondering if omega suffered same problem

3) how does it work if it is not java and runs on multiple browsers? Flash? or Web 2.0 AJAX style stuff?

4) if I missed boat on sign up for the waiting list, how long will it take until I will be able to run omega?

5) what's its official name?

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Quoting jleblang

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Ycomp ~

Thanks for the questions.

1) Yes, we have tick.

2) Yes, no lag with EFX Remote Trader.

3) I cannot discuss the coding of the platform.

4) We're hoping to move the product from Beta at the end of the November, but that assumes of course that no issues come up.

5) Please check out our website at www.efxgroup.com.

Regards,

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Quoting ycomp

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3) how does it work if it is not java and runs on multiple browsers? Flash? or Web 2.0 AJAX style stuff?

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Quoting ycomp

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followup questions:

1) what seconds time periods are there?

4) so end of November, anyone can run it? As long as they have live account? Or is there still a waiting list (x # traders every n days/weeks)

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Quoting Triton18

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Hi Justin!

I am currently in the waiting list for Remote Trader, but looking at this response of yours I feel confused.


"3) EFX Remote Trader - our new platform coming out shortly also has built-in charting and will allow for trading directly from the charts in the 2nd & 3rd revisions by end of year or early 2008.

You can also use:

1. QuoteTracker
2. Ninja Trader
3. Tick Quest "

Is Ninja Trader really available for trading and charting? I asked days ago the NT guys about, but they told me it is not currently supported.

Also, is there some possibility to see paypal/credit card funding/withdrawal available? For some user, this is even more important than not-US accounts.

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Quoting phil90

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Triton please read post 476 and post 269


For credit card Justin agree that it would make funding an account easier for Customer but EFXgroup does not think it is ethical to let their customer get debts to fund their account.

For the Paypal, it will most likely never happened because it is mostly impossible for them to verify the origin of the funds and it opens door money laundering etc. Who knows maybe if those details change they might be able to implement it.

For the ninjatrader please look her Mbtrading indicate that their platform works with ninjatrader
http://www.mbtrading.com/thirdPartyTs.asp

And look her at ninjatrader they show you how to install it !!
http://ninjatrader.com/webnew/support_MB.htm


Have a nice day

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Quoting jleblang

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I'm waiting to here back from Ninja about how to become a Beta tester of their new download with the EFX/MBT price feed. As soon as I know more, I'll be sure to post here.

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Quoting jleblang

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phil90 is correct about our reasons for not accepting PayPal and credit cards...this will probably not change.

With regards to Ninja - its in beta right now, I do not believe it is available for just anyone unless you're one of their selected beta testers. Those links above Phil are only for our other assets classes i believe and not Forex.

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Quoting italianfx

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Now I'm really scared! I saw a negative spreed of 30 pips so I entered long at ,35 and it was accepted, I tried to sell at market when I was 30 pips positive but they did not accepted my market order, It was pending for 1 min so I cancelled it and put another sell order at market and I got filled 2 minute later at ,38 for 3 pips profit.

from +30 to +3 hopefully I tried this craziness with 1 micro

this is not the first time, last week I was +5 and they closed my position after 4 minutes for -1

when the price move so fast I don't have the confidence to put a trade on , they scare me with all this slippage!

How can be possible? you don't have enough liquidity to accept a small micro order? A market order should be execute at market price so why you keep my order pending while the price move up and down?

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Quoting th_ngue21

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If you use limit + stop orders before the fast market movements, then there is nothing wrong with that!

The quotes that u see at MBTrading/EFX Group are NOT REAL in the fast markets movements. Their hidden true priceserver from banks are the true price.

So for example, when you buy market order the currency at 100 and their priceserver from banks shows at that moment 140, you are in at 140.

If you set your order limit buy at 100 before the fast market movement and their priceserver from banks shows 100, you get filled, even the quotes what you see on your computer are showing wrong prices.

I have experience with this. My tip: Dont trade the news/scalping and stick it on the EURO/USD for less problems.

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Quoting italianfx

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yes ok but it was a market order, how can a market order stay for 2 minutes waiting to be filled? they say they are ECN, no requote, real feed, fast execution. 2 minutes for 1 microlotis fast execution? if their feed are not real they are a market maker or what? and it was not news time.
Sure it doesn't happen all day , but it happens too often when the price move fast. I know I need at least $25.000 to trade with a real ECN with Currenex platform, I don't think EFX is a real ECN it doesn't provide big liquidity.

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Quoting th_ngue21

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Well I think their REAL bank price server does not hit your target so that is why you dont get filled. The pricequotes what you see does not match the real price server at that moment.

On Currenex in my opinion, the trading platform is soo fast and well organized that you see the price quotes nearly exactly the same as the real bank price server.

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Quoting Iqtrading

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I be with u ITALI, have had the same problem, unstable plattform from day to day more disconnects and reconnects... then under the condition from today, that was no Fast Market condition, there was no news outside for that... then the filling, order pending around, then i want to cancel this order which is pending in order book, then i can't cancel it and get filled at a price which is far away from clicking price...

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Quoting italianfx

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Thanks for your support, yes I forgot to say about platform disconnection, It appened 3 times today. I know the demo do not work very well but my problems are on a real account. Let's see what EFX will answer.

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