CoesFX and MetaTrader

All,

I've been working with CoesFX over the past couple weeks. I've been trying to convince them that they should roll out an in-house MetaTrader implementation. I think I'm nearly there. They are actually having some meetings to discuss the issue.

Could you help me out with some information. How many of you, with accounts larger than $5k, would be VERY interested in trading on CoesFX's ECN platform with MetaTrader4?

Thanks.

stockwet

*puts his hand up*

ditto...their current trading platform is not desirable.

I'm in also.

count me in.

I currently use the CoesFx demo and MT4 as charting. Their partnership w/ SBFX on minis will give them the information needed to evaluate the feasability of such a setup. The current COESfx platform is a pretty clean user interface and gives one a lot of control over their trade. More so in my experience than MT4 does.
It will come down to what one is used to I guess. If a choice exists I'll stick w/ the original interface when I open my acct w/ them.

Does anyone have any experience with strategy builder/ Coesfx? I am very interested in opening a account direct from Coesfx. I have an account setup through strategy builderfx, but I can't find any good or bad information on how well the mt4 platform works with Coesfx. Any information would be a great help...

Gary

I'm in if I could use MT. It's hard to teach an old dog new tricks, I guess. Their interface is vert confusing to me now, but I'd love to have an account with them or someone like them with no dealing desk.

I'm also in.

Here's a link to a tradingacademy video that explains forex and the CoesFX platform. A good refresher if u want - or click on the menu and skip to the coesfx trading piece - about lesson 35 or so. It gives a brief overview of the platform and direct access trading.
http://tradingacademy.com/freeclasses/forex/

I Apologize in advance for poking my nose in here.

However, I was conducting due diligence on them last year for a managed forex program I was looking at investing with, but upon conducting due diligence on CoesFX, I noticed this on the NFA site...
http://www.nfa.futures.org/BasicNet/...14715&type=reg
(although looking at Coes FX website just now, I'm now aware they seem to have changed to 'SpotFX' and got themselves a new NFA number)

Does anyone know anything more about the disciplinary proceedings here and more importantly are these events anything to worry about in terms of being a client with them? Also, Does anyone here currently trade with them? If so, have you noticed any irregularities with them in any way?

Thanks in Advance

I've seen this floating around a couple of times. If you read the details, you find that this was an issue not with CoesFX, but with one of their IB's that did not maintain adequate controls over their sales force. It was the IB's sales guys who were promising guaranteed returns, not CoesFX. However, since IB's are not required to be licensed by NFA, the complaint ultimately came in against CoesFX. I've seen nothing negative against CoesFX in all my due diligence. This is the only black mark I found, too, and it seems more having to do with another entity than CoesFX themselves.

Stockwet, Thank you for the explanation and clarification. Seems clearer now what really happened.

I'd like to see what their IB agreement looked like before, then after this experience. I bet it changed quite a bit.

I'm in, too