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  • #31,561
  • Feb 23, 2024 9:32am Feb 23, 2024 9:32am
Quoting Expo33
{quote} 10 SP500 eminis on a 50K account. A $5 move against you and you're finished. I'd say that's some adrenalin filled junky boy trading.
Life in the fast lane!!!! but you took too long to pass.
  • #31,562
  • Feb 23, 2024 9:34am Feb 23, 2024 9:34am
Quoting acetrader
{quote} Hi Delta, Does QuantTower have a Dom is I don't see one in your screen shot. I looks good in design.
Yes it haves, its the most complete platform you can customize what you want, you can put dom order tab ect
  • #31,563
  • Feb 23, 2024 9:40am Feb 23, 2024 9:40am
The future of prop is away from MetaTrader, which is great as it's a piece of shit.

The direct licence props will most likely keep it (FTMO, 5%ers etc), but they'll be the ones who will take all the toxic flow that comes from people abusing MetaTrader (it was always designed to be abused, albeit from the broker's side).
  • #31,564
  • Feb 23, 2024 9:47am Feb 23, 2024 9:47am
Quoting PropDude1234
The future of prop is away from MetaTrader, which is great as it's a piece of shit. The direct licence props will most likely keep it (FTMO, 5%ers etc), but they'll be the ones who will take all the toxic flow that comes from people abusing MetaTrader (it was always designed to be abused, albeit from the broker's side).
Lol...
  • #31,565
  • Feb 23, 2024 10:02am Feb 23, 2024 10:02am
Quoting PropDude1234
The future of prop is away from MetaTrader, which is great as it's a piece of shit. The direct licence props will most likely keep it (FTMO, 5%ers etc), but they'll be the ones who will take all the toxic flow that comes from people abusing MetaTrader (it was always designed to be abused, albeit from the broker's side).
I disagree, MT5 is a great algo programmable package. I have been trading it for the last 3 years. It is only "abusable" if trader is a loser, i.e. does not know how to trade and must blame everyone around but him/her self.

In Europe we have a saying: "For bad ballet dancer(male), balls are always get in the way".

Cheers, PA was great last few days, weekend is here.
  • #31,566
  • Feb 23, 2024 10:17am Feb 23, 2024 10:17am
Quoting driven18
{quote} I disagree, MT5 is a great algo programmable package. I have been trading it for the last 3 years. It is only "abusable" if trader is a loser, i.e. does not know how to trade and must blame everyone around but him/her self. In Europe we have a saying: "For bad ballet dancer(male), balls are always get in the way". Cheers, PA was great last few days, weekend is here.
Nothing to do with a trader being 'a loser' / trader / having an edge / people who want to use EAs legitimately.

It's abusable by it's fundamental design and therefore attracts people who want to cheat / exploit.

It was originally designed for brokers to screw their clients with the backend plugins but has more than enough capability to do that the client end. Capabilities that don't exist with DX, cTrader etc etc.

MetaTrader is dead for the USA(and will be rest of the world outside licences). I've seen the communications they've had with brokers. People can believe it now or wait until their prop provider tells them.

Quoting Takisd
{quote} Lol...
We'll see who is right.

Are there any remaining props offering MT to US customers?
  • #31,567
  • Feb 23, 2024 10:25am Feb 23, 2024 10:25am
Quoting PropDude1234
{quote}Nothing to do with a trader being 'a loser' / trader / having an edge / people who want to use EAs legitimately. It's abusable by it's fundamental design and therefore attracts people who want to cheat / exploit. It was originally designed for brokers to screw their clients with the backend plugins but has more than enough capability to do that the client end. Capabilities that don't exist with DX, cTrader etc etc. MetaTrader is dead for the USA(and will be rest of the world outside licences). I've seen the communications they've had with...
Your justification for your argument is poor. You think because US can't use it that metatrader is dead? All those brokers without RFED permissions are dead then? Metatrader is so much more robust than the alternatives due to years of heavy load experiences and customized development from communities. On top of that the bridge tools and fair execution abilities are second to none for the retail space (as is).

To think that CTrader DX or Match are going to remotely challenge that technology is funny.

Could they improve? Maybe, but I hold little faith in their abilities, they have all been around a while and their software is clunky at best. It won't take long for mass banning situations to happen with DX and Match trader due to them being laggy and if a simple clicker means you can always get better prices from latency arbitrage and no proper means to mitigate it. On the flip side, the traders who trade normally will get massive slippage and poor execution as people are experiencing with fundingpips.

I won't say never, but to make such a claim is ridiculous.

I just closed at market on APEX using ninja trader on ES contracts. If I hit the DOM with limits, i get the price i request, if I close at market, it slips to bollocks sometimes beyond the DOM and i am trading single contracts. But metatrader is to blame for our failures.
  • #31,568
  • Feb 23, 2024 10:56am Feb 23, 2024 10:56am
Quoting KarlKraus
{quote} It’s great fun - even with regular, small withdrawals - until one day you do really well and want to withdraw $10k+. Then, suddenly, it tends to be a whole different story, and there’s no effective regulator on your side. That, of course, is why they’ve chosen to be offshore "brokers". Good luck with that.
I know the risks, mommy. Leave me alone and go away.
A snails pace wins the race :-)
  • #31,569
  • Feb 23, 2024 10:58am Feb 23, 2024 10:58am
Quoting Takisd
{quote} Your justification for your argument is poor. You think because US can't use it that metatrader is dead? All those brokers without RFED permissions are dead then? Metatrader is so much more robust than the alternatives due to years of heavy load experiences and customized development from communities. On top of that the bridge tools and fair execution abilities are second to none for the retail space (as is). To think that CTrader DX or Match are going to remotely challenge that technology is funny. Could they improve? Maybe, but I hold...
Wait a minute......does it "slip you to hell?". Couldn't be?
  • #31,570
  • Feb 23, 2024 11:01am Feb 23, 2024 11:01am
Quoting Takisd
{quote} Your justification for your argument is poor. You think because US can't use it that metatrader is dead? All those brokers without RFED permissions are dead then? Metatrader is so much more robust than the alternatives due to years of heavy load experiences and customized development from communities. On top of that the bridge tools and fair execution abilities are second to none for the retail space (as is). To think that CTrader DX or Match are going to remotely challenge that technology is funny. Could they improve? Maybe, but I hold...
Dead for prop. This is a prop thread so I thought it would be implied that I meant that, but if I wasn't clear then that's what I meant.

Across the normal broker space it'll still continue to be used. The exploits / cheating as less of a risk broker-side if a client is funding the account fully rather than partial prop payment.
  • #31,571
  • Feb 23, 2024 11:08am Feb 23, 2024 11:08am
Quoting pipmaster77
{quote} Wait a minute......does it "slip you to hell?". Couldn't be?
no just futures are laggy, I would have to get a VPS next to the exchange to make the feed not lag. At least with metaquotes DC set up and a robust b book i can get the price i request without the latency slippage.
  • #31,572
  • Feb 23, 2024 11:09am Feb 23, 2024 11:09am
Quoting PropDude1234
{quote}Dead for prop. This is a prop thread so I thought it would be implied that I meant that, but if I wasn't clear then that's what I meant. Across the normal broker space it'll still continue to be used. The exploits / cheating as less of a risk broker-side if a client is funding the account fully rather than partial prop payment.
it will continue to be the most popular platform for props should metaquotes allow it to continue for non US. There are too many custom tools built for it and it is still the easiest to use platform in the market.

I do wait for someone to come up with something good, but what is out there right now is not going to cut it.
  • #31,573
  • Feb 23, 2024 11:17am Feb 23, 2024 11:17am
Quoting Takisd
{quote} it will continue to be the most popular platform for props should metaquotes allow it to continue for non US. There are too many custom tools built for it and it is still the easiest to use platform in the market. I do wait for someone to come up with something good, but what is out there right now is not going to cut it.
They'll kill / are killing all the grey labelling (ThinkMarkets is about to go too) so outside the US the direct licence players (FTMO / 5%ers, a I wrote above) will likely retain it.

However, they'll take all the toxic traffic. I don't think the props who won't retain MT will miss that traffic.

US is the biggest single market so the US not being able to use MT is already a massive shift.

One of the issues has been few alternatives to MT. Now the likes of TradingView will enter (so many people do their analysis on TV but execute on MT), there will be competition.

Mobile market is key - so many 'traders' use mobile so any alternative has to have a solid mobile offering.
  • #31,574
  • Feb 23, 2024 12:06pm Feb 23, 2024 12:06pm
Has anyone also received the TFF credentials for ctrader and were able to enter them ?
I'm trying to enter it in ctrader and I'm getting a connection error.
  • #31,575
  • Feb 23, 2024 12:19pm Feb 23, 2024 12:19pm
Quoting Capablanca
Has anyone also received the TFF credentials for ctrader and were able to enter them ? I'm trying to enter it in ctrader and I'm getting a connection error.
I can access my dashboard, but being in the US, I have no cTrader credentials.
Such a wonderful country that USA is.
  • #31,576
  • Feb 23, 2024 12:23pm Feb 23, 2024 12:23pm
Quoting Capablanca
Has anyone also received the TFF credentials for ctrader and were able to enter them ? I'm trying to enter it in ctrader and I'm getting a connection error.
Yes I recieved today. managed to login ok.
  • #31,577
  • Feb 23, 2024 12:26pm Feb 23, 2024 12:26pm
Anyone know if apex billing cycle start immediately or is it from first trade? Most likely immediately I guess. I'd like to purchase a few accounts whilst discounted but may not have time to trade immediately.
  • #31,578
  • Feb 23, 2024 12:31pm Feb 23, 2024 12:31pm
Quoting rizla101
Anyone know if apex billing cycle start immediately or is it from first trade? Most likely immediately I guess. I'd like to purchase a few accounts whilst discounted but may not have time to trade immediately.
Subscription starts at time of payment, not first trade.
Trade with confidence, trade without fear.
  • #31,579
  • Feb 23, 2024 12:34pm Feb 23, 2024 12:34pm
Quoting rizla101
{quote} Yes I recieved today. managed to login ok.
Great. Maybe you're able to help me. Which of those 3 options have you used ? (assuming you used a windows desktop version)
Attached Image (click to enlarge)
Click to Enlarge Name: TFF.PNG Size: 10 KB
  • #31,580
  • Feb 23, 2024 12:37pm Feb 23, 2024 12:37pm
Quoting Capablanca
{quote} Great. Maybe you're able to help me. Which of those 3 options have you used ? (assuming you used a windows desktop version) {image}
did you set your ctrader password? if you havent an ctrader account in the email you will be asked to set a password in a link ctrader sent
then you just login with your email and password and you have acess to all ctrader accounts of all brokers
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DaXielFX