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Boston Technology MT4 platform

  • #41
  • Sep 15, 2009 5:28pm Sep 15, 2009 5:28pm
Also FXCM just has low liquidity. The below pic is from Dukascopy and this is LOW for them!! - EURUSD usually over 100m contracts 80% of time!!
Attached Image
  • #42
  • Sep 15, 2009 5:54pm Sep 15, 2009 5:54pm
Quoting Jason Rogers
Hi 8 Fingers,

I personally reach out to users on the forum experiencing technical issues to investigate what is happening. While I can't go into each cases details, I can tell you in the most recent cases FXCM support hasn't been contacted to identify what is happening. FXCM keeps records of technical issues so even after the fact, we can review logs to review trades if there was a technical issue.

Is this a malicious event created by FXCM? If you're not logged in and trading, then we're not making the pip mark up off of your trade being...
Jason I will always call em like I see em-until they lock me up and throw away the key. Until then , you and your company will have to suffer with ALL opinions as we (current and Ex Clients)have been made to suffer. I personally wouldn't waste my time with FXCM(micro account or otherwise) as I know their(your) company doesnt provide a level playing field - in my not so humble opinion.I do love these FXCM type threads though.
FF = Forex Faggots
  • #43
  • Sep 18, 2009 3:49pm Sep 18, 2009 3:49pm
Quoting Fulltime247
I'm not aware of it but if they DO use their bridge tech they most definitely dont use the Broker AUTO-Stealing Plugin (http://www.forexfactory.com/showthread.php?t=70582). CFX is one of the cleanest feeds on the net right not. ATCBrokers uses the FXCM feed but your trades dont go through FXJERK servers and they are also one of the best on the interweb. - Some brokers just want to steal from you using whatever tech they can get their crappy hands on. (Guns dont kill people, People...) - BT pisses me off because I demo'd the FXCM BT MT4...
Hi Fulltime247, Sorry about the late reply, but demo accounts don't simulate slippage so I'm not sure what you mean in terms of entries and exits. A demo can be registered by downloading the platform from our website http://www.fxcm.co.uk/metatrader.jsp . The idea that we would want the platform to run poorly is silly nonetheless. Our customer service is available 24/7 if you have questions or need help with the demo and you can always message me directly.

Jason
  • #44
  • Edited 12:50pm Sep 19, 2009 2:24am | Edited 12:50pm
What it probably means is that the data is SMOOTHED too much. I use a couple of indicators to trigger/exit trades and they activate last on the BT demo which tells me that the feed is smoothed. The more unfiltered the data the more sensitive indicators are. When brokers smooth the feed if KILLS indicators. They basically become worthless because the price data is smoothed too much for them to read the market accurately. I run plenty of demos and know the signs quite well and when I see that trade after trade the same exact EA on the same exact currency enters trades after the move starts and exits them after the currency have deeply reversed while other platforms have captured more pips and exited sooner. I know I'm in smoothed city. FXCM BT rules smoothed city. Worst of the bunch. (Well after IBFX that is...)

Quoting Jason Rogers
Hi Fulltime247, Sorry about the late reply, but demo accounts don't simulate slippage so I'm not sure what you mean in terms of entries and exits. A demo can be registered by downloading the platform from our website http://www.fxcm.co.uk/metatrader.jsp . The idea that we would want the platform to run poorly is silly nonetheless. Our customer service is available 24/7 if you have questions or need help with the demo and you can always message me directly.

Jason
  • #45
  • Sep 30, 2009 10:20am Sep 30, 2009 10:20am
Quoting lai1579
i have found a website introduce a new technology in meta4 platform .
Boston Technology .

Boston Technologies Bridges

Bank Connections

Currently Boston Technologies' bridges support connections to:
ACT Forex Deutsche Bank (Autobahn) Bank Of America Dresdner Barclays FXCM Baxter Gain Cantor-Fitzgerald Hot Spot Citi FX Integral FX Inside Currenex Saxo dbFX UBS
Boston Technologies (BT) Bridges provide a direct link between a broker's trading platform and a liquidity provider. By assigning specific clients, or the entire client...
I heard a lot bad things about that company, and that they only reason they make money is because they are the only rep office for MT4 in the US.
  • #46
  • Oct 4, 2009 6:00pm Oct 4, 2009 6:00pm
Here is a trade I made on Friday through Boston Technologies and FXCM. You can see that I sold at 1.4636 and had a take profit of 1.4590. You can also see what I made on the trade 0. I was told that the data never made it across the bridge between Boston Technologies and FXCM. So I'm out about 40 pips. It's hard enough making pips in this without being robbed out of them. I wouldn't use either Boston Technologies or FXCM.

2009.10.02 15:33sell0.10eurusd1.463600.000001.459042009.10.02 16:331.463600.000.000.000.00
  • #47
  • Oct 5, 2009 3:47am Oct 5, 2009 3:47am
It’s a;; about something called churning new accounts guys, this MT4-ecn service and broker FXCM/BT are nothing but a POS!! the only and I mean ONLY reason they are successful is Marketing!!!! As you see here, even with his amount of bad remarks their bound to pull in a % of those that are gullible and ignorant enough to not heed the warning , trust assured their a lot of them around and more gaining each day.. only after the ignorant lose their own money, will they learn. I personally know something around 10 of these type that that had accounts there , long story short all no longer do.
  • #48
  • Oct 5, 2009 10:23am Oct 5, 2009 10:23am
Quoting spritz2
Here is a trade I made on Friday through Boston Technologies and FXCM. You can see that I sold at 1.4636 and had a take profit of 1.4590. You can also see what I made on the trade 0. I was told that the data never made it across the bridge between Boston Technologies and FXCM. So I'm out about 40 pips. It's hard enough making pips in this without being robbed out of them. I wouldn't use either Boston Technologies or FXCM.

2009.10.02 15:33sell0.10eurusd1.463600.000001.459042009.10.02 16:331.463600.000.000.000.00
Hi spritz2,

Thank you for posting the details about your trade.

Your position was open from the times 10:33 to 11:33 ET, and the ask price did not quote 1.4590 during that time. Please see the chart below from Marketscope which can be set to show either the bid or ask prices. Since you have a short position the Ask (buy) price needs to reach 1.4590.

http://img208.imageshack.us/img208/3327/askchart.jpg

I drew a horizontal line at 1.4590 the price you identified as your exit price. The low of the candle selected is 1.45906.

I'm sorry that you feel this way; however, the price was not quoted. Had the price been quoted, your order would have attempted execution regardless of whether you are using the FX Trading Station II or the MetaTrader 4 platform.

Please let me know if you have any questions.

Jason
  • #49
  • Oct 5, 2009 10:24am Oct 5, 2009 10:24am
Quoting Tom_C
It’s a;; about something called churning new accounts guys, this MT4-ecn service and broker FXCM/BT are nothing but a POS!! the only and I mean ONLY reason they are successful is Marketing!!!! As you see here, even with his amount of bad remarks their bound to pull in a % of those that are gullible and ignorant enough to not heed the warning , trust assured their a lot of them around and more gaining each day.. only after the ignorant lose their own money, will they learn. I personally know something around 10 of these type that that had accounts...
Hi Tom,

Please read previous post to understand why the order did not execute.

Jason
  • #50
  • Oct 5, 2009 12:51pm Oct 5, 2009 12:51pm
The TP was hit. The reason the CLOSED price is the same as the open price is because Boston Technologies closed it that way for accounting purposes. It was a good trade and I should have received the 46 pips. I now have to use 2 platforms to make sure the trade executes ??? How nice

Quoting Jason Rogers
Hi spritz2,

Thank you for posting the details about your trade.

Your position was open from the times 10:33 to 11:33 ET, and the ask price did not quote 1.4590 during that time. Please see the chart below from Marketscope which can be set to show either the bid or ask prices. Since you have a short position the Ask (buy) price needs to reach 1.4590.

http://img208.imageshack.us/img208/3327/askchart.jpg

I drew a horizontal line at 1.4590 the price you identified as your exit price. The low of the candle selected is 1.45906....
  • #51
  • Oct 5, 2009 1:05pm Oct 5, 2009 1:05pm
I dodn't know what chart your fabricating but my chart shows the high as 1.4547 and the low as 1.4479 on 10/02 13:00 candle
  • #52
  • Oct 5, 2009 1:30pm Oct 5, 2009 1:30pm
FXCM knows my trade was good. They have the logs from BT. Here is the response:

Reagrding your MT4 account () , ticket () was opened on your MT4 account however it was never executed with our liquidity providers and therefore never appeared on your read only account.


We have closed the trade on your MT4 account at breakeven resulting in a net zero p/l for the trade. Be sure to check your read only account on a daily basis to verify open and closed trades and confirm your balance and equity. Let us know if you have any questions.


You may see an auto-sync in your MT4 account reflecting this over the next couple of hours. Let us know if you have any questions.







** Due to popular demand from our client base, FXCM is pleased to offer the Metatrader platform. However, as Metatrader is a third party software provider, we are unable to guarantee its performance. Most electronic trading facilities are supported by computer-based component systems for the order routing and execution of trades. As with all facilities and systems, they are vulnerable to temporary disruption or failure. When you undertake transactions on an electronic trading system, you will be exposed to risks associated with the system including failure of hardware or software. Pursuant to the terms of the FXCM Client Agreement, FXCM clients must review their account activity on a regular basis and report inconsistencies to FXCM immediately. Additionally, clients should familiarize themselves with Execution Risks as outlined on the FXCM website
  • #53
  • Oct 5, 2009 2:14pm Oct 5, 2009 2:14pm
Quoting spritz2
I dodn't know what chart your fabricating but my chart shows the high as 1.4547 and the low as 1.4479 on 10/02 13:00 candle
Hi spritz2,

I'm going based upon the trade data indicated in the first post:

Quoting spritz2
2009.10.02 15:33sell0.10eurusd1.463600.000001. 459042009.10.02 16:331.463600.000.000.000.00
It displays the times 15:33 and 16:33 GMT+1 (10:33 and 11:33 eastern time). MT4 is in GMT+1. The chart I created using Marketscope is displayed in eastern time matching up with the times listed in your trade.

Is there any reason you referenced the 13:00 candle? The details show the trade was opened at 15:33.

Jason
  • #54
  • Oct 5, 2009 3:46pm Oct 5, 2009 3:46pm
Jason I was watching the trade the whole time. That's how I know it hit TP. I saw the metatrader tp block turn yellow when it went past the tp. I then tried to close it manually and could not. That's when I called BT. They told me to call FXCM.
  • #55
  • Dec 16, 2009 3:42pm Dec 16, 2009 3:42pm
This night my live FXCM MT4 account show invalid account
after contacting the live chat , they ask me to complet a form to transfer my account to Boston Technology

Very good news!!!
For chance I was flat

This morning I received my login and new password

After downlowding the new FXCM-Boston platform and instaling my EA with the same setting of hold one
what I see ???

Error 130 invalid stop loss !!!

my EA dont run on this platform !!! and impossible to change anything on the code base it's a mt4.ex file not mq4

some body have the same problem ?

Some solution ?
  • #56
  • Dec 17, 2009 8:54am Dec 17, 2009 8:54am
Quoting Eliotnet
This night my live FXCM MT4 account show invalid account
after contacting the live chat , they ask me to complet a form to transfer my account to Boston Technology

Very good news!!!
For chance I was flat

This morning I received my login and new password

After downlowding the new FXCM-Boston platform and instaling my EA with the same setting of hold one
what I see ???

Error 130 invalid stop loss !!!

my EA dont run on this platform !!! and impossible to change anything on the code base it's a mt4.ex file not mq4

some...
Hi Eliotnet,

The MT4 platform powered by Boston Technologies uses Market Execution. Market Execution requires the stop and limit to be added to the order after it has executed. If your EA is trying to add the stop/limit at the same time the order is created, then the error message will appear.

Your EA needs to be modified to add the stop/limit after the order to open the position is executed. If you need help with the coding, our programming services team can provide this. Either email [email protected] or call 1-212-897-7660, ext. 719085.

Please feel free to let me know if you have any other questions.

Jason
  • #57
  • Dec 17, 2009 9:18am Dec 17, 2009 9:18am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting Eliotnet
This night my live FXCM MT4 account show invalid account
after contacting the live chat , they ask me to complet a form to transfer my account to Boston Technology

Very good news!!!
For chance I was flat

This morning I received my login and new password

After downlowding the new FXCM-Boston platform and instaling my EA with the same setting of hold one
what I see ???

Error 130 invalid stop loss !!!

my EA dont run on this platform !!! and impossible to change anything on the code base it's a mt4.ex file not mq4

some body have...


pm me ....( don't show the broker your EA)
---------------------------------------------
http://www.myfxbook.com/members/pc8multifx
  • #58
  • Dec 18, 2009 9:41am Dec 18, 2009 9:41am
Quoting fugly
I wouldn't go with anything that Boston Technologies makes since they're they ones who developed and sold the virtual dealer plugin to MT4 brokers to help them rip off their customers.
BINGOOOOOOOOOOOOO
  • #59
  • Dec 18, 2009 9:47am Dec 18, 2009 9:47am
Quoting Jason Rogers
Hi Tom

FXCM is moving MT4 accounts to FXCM UK due to how FIFO will affect expert advisors. Allowing our traders to use expert advisors was one of the big reasons we decided to launch MT4.

I know that many brokers have been announcing their solution for MT4 FIFO compliance, but each solution has individual quirks that would require an EA to be re-coded in almost every case. Some brokers are allowing you to close positions non-FIFO as long as you are closing same size positions. Some allow hedging intraday but then close the hedged trades in FIFO...
Isnt Kevin Millien their COO? and didnt he work for FXCM?
  • #60
  • Dec 20, 2009 10:41pm Dec 20, 2009 10:41pm
Hi ONU

I Cannot PM you

as you know we are here to play tennis (no?)

Sorry, as a Junior Member you cannot perform this action.
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Your first couple posts/comments are important! Only Junior Members who clearly show they are at Forex Factory for trading will be granted full membership. Good luck!
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