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  • #801
  • Mar 16, 2010 5:46pm Mar 16, 2010 5:46pm
Quoting Platypus
Come on Jason boy....be fair!! You are refusing to answer my questions and now you are trying to play the "personal" card.

And you know what? Thats fine for me if your company or any other out there fits the "bucket shop" profile. But every time you come here and try to put lipstick on the ugly pig somebody more informed will confront you. So dont complaint about being flamed.
he's the master of the duck and weave, dances around answering with no answer.

again he's paid to preach so don't expect much.

I stand by personal opinion that ND STP model is just marketing spin.

Active trader is a better step by them but the comms are much to expensive! "traders best interests at heart" yeh what ever!

That's about it from me in here, I have made my point.

Good trading...........
  • #802
  • Mar 17, 2010 3:34am Mar 17, 2010 3:34am
Quoting >Apocalypto<
he's the master of the duck and weave, dances around answering with no answer.

again he's paid to preach so don't expect much.

I stand by personal opinion that ND STP model is just marketing spin.

Active trader is a better step by them but the comms are much to expensive! "traders best interests at heart" yeh what ever!

That's about it from me in here, I have made my point.

Good trading...........
Indeed Apocalypto.....

The guy needs his job and I understand that. If he can stomach the fact that he makes his living fooling people...what can I say ?

Anybody that knows how to trade will have no problems with bucket shops, but their business model really looks like the ones used by casinos, and their agents employ "used car salesman" tactics.

I wonder if they do it out of plain laziness or if otherwise they just can't be profitable .
  • #803
  • Mar 18, 2010 8:28am Mar 18, 2010 8:28am
Quoting Vark
I have just opened (yesterday actually) 2 demo accounts with FXCM using their MT4 platform - connection was really bad and now I have no connection at all. And NO, it is not my internet connection, I am running demo and live MIG bank MT4 and Oanda demo and they get real-time feed, no problems.
Has anybody else experienced these problems?
Because as of right now, I am REALLY not thrilled with FXCM.

Quoting BarrySDCA
Vark,

The FXCM connection has actually improved over the last week, however we still maintain our service advisory...
Recently, traders have been commenting on the demo and VPS connectivity for the MT4 platform. FXCM and Boston Technologies is investigating the connectivity from our side with the information sent to us by traders, and I have new details to share on what is happening.

Last week I mentioned we took the step of having demos expire after 30 days due to the large number of demos on the server. Having demos expire after 30 days has helped improve the connectivity but it did not completely solve the issue. This weekend we are planning to move the demo proxies into FXCM’s own datacenter which should improve the connectivity for both demos and VPS users. I will keep you updated on any new information I receive, and I thank you for your patience in getting this resolved.

-Jason
  • #804
  • Mar 18, 2010 12:35pm Mar 18, 2010 12:35pm
Quoting Jason Rogers
Recently, traders have been commenting on the demo and VPS connectivity for the MT4 platform. FXCM and Boston Technologies is investigating the connectivity from our side with the information sent to us by traders, and I have new details to share on what is happening.

Last week I mentioned we took the step of having demos expire after 30 days due to the large number of demos on the server. Having demos expire after 30 days has helped improve the connectivity but it did not completely solve the issue. This weekend we are planning to move the demo...
we'll see. thx
  • #805
  • Mar 18, 2010 12:47pm Mar 18, 2010 12:47pm
Quoting Jason Rogers
FXCM is not one of the 10 banks providing liquidity on NDD execution.
Is that because FXCM is not a bank?

Do you have any non-bank liquidity providers? Could FXCM (or a company that FXCM has some control over) be one of them?
  • #806
  • Mar 18, 2010 1:21pm Mar 18, 2010 1:21pm
I've opened my first FXCM demo account today. I was really shocked about this bridge thing "POWERED by BT". Do you really expect traders to rely on a non brokerage company and "the VIRTUAL DEALER MASTERMIND" to plead you don't have any conflict of intrest with your customers. I really prefer MMs' because they declare it loudly.
  • #807
  • Mar 18, 2010 1:53pm Mar 18, 2010 1:53pm
Quoting Hyper
Is that because FXCM is not a bank?

Do you have any non-bank liquidity providers? Could FXCM (or a company that FXCM has some control over) be one of them?
yeah really, why all the dodging...just come out and say who all the liquidity providers are, bank and non-banks...b/c the answer is not clear enough...we all know that FXCM or a company controlled by them could be a liquidity providers but technically not a bank, so why all this skipping around the question with such answer.
  • #808
  • Mar 18, 2010 2:13pm Mar 18, 2010 2:13pm
Quoting Hyper
Is that because FXCM is not a bank?

Do you have any non-bank liquidity providers? Could FXCM (or a company that FXCM has some control over) be one of them?
Hi Hyper,

It's because FXCM is not one of the 10 banks or financial institutions providing liquidity on the platform. Here's the details from our website :

Every trade is executed back to back with one of the world's premier banks or financial institutions, which compete to provide FXCM with bid and ask prices.

http://www.fxcm.com/forex-trading-benefit.jsp

To answer wwwin's question, the banks are not disclosed due to non-disclosure agreements we have signed with the banks. If there comes a point where we are allowed to disclose this, I'm sure we most certainly will.

-Jason
  • #809
  • Mar 18, 2010 7:03pm Mar 18, 2010 7:03pm
Jason, I know you offer VPS hosting of EAs in the FXCM data center. Do you have such an offer for Order2Go API based automated trading systems?

And where is the data-center for the FXCM.CO.UK accounts located? London or New York? I would assume that they are in London, but a news article seemed to imply that you only have one data center in NY.
  • #810
  • Mar 19, 2010 10:40am Mar 19, 2010 10:40am
Quoting Adal
Jason, I know you offer VPS hosting of EAs in the FXCM data center. Do you have such an offer for Order2Go API based automated trading systems?

And where is the data-center for the FXCM.CO.UK accounts located? London or New York? I would assume that they are in London, but a news article seemed to imply that you only have one data center in NY.
Hi Adal,

We don't have an offer for Order2Go API hosting like we have with VPS for EA's, but there are a couple of things I could suggest.

If you're worried about general internet stability, then a VPS in general should be suitable for ensuring internet uptime for your Order2Go system. If you're worried about latency for a high-frequency trading system, I would suggest hosting your system through a service such as PipConnect.com . I know some of our systems traders use this service to reduce latency.

For your question about the data center, I'm limited on some topics as to how much detail I can go into. But looking at the FXCM UK website it states regarding NDD execution: Every trade is executed back to back through an affiliate with one of the world's premier banks or financial institutions. That affiliate can be an entity within FXCM Holdings which has the banking relationships such as FXCM LLC (US), FXCM Australia Ltd., etc. In which case FXCM LLC (US) has a data center in the NY area.

-Jason
  • #811
  • Mar 19, 2010 11:26am Mar 19, 2010 11:26am
Quoting Jason Rogers
For your question about the data center, I'm limited on some topics as to how much detail I can go into. But looking at the FXCM UK website it states regarding NDD execution: Every trade is executed back to back through an affiliate with one of the world's premier banks or financial institutions. That affiliate can be an entity within FXCM Holdings which has the banking relationships such as FXCM LLC (US), FXCM Australia Ltd., etc. In which case FXCM LLC (US) has a data center in the NY area.
My concern was about latency. While I don't believe it's possible to do HFT with FXCM, it certainly can't hurt to be close to your broker servers.

PIPConnect.com only has servers in NY, so I guess that you are also there.

Let me rephrase my question: if I have an account with FXCM UK, where should I host my EA to have minimum latency? In London or in NY? Can this location change? I mean, is it possible that today the server I'm connecting to is in London, while the next day it is in NY?

I'm only concerned with the first server, the one Order2Go is connecting to. PIPConnect is nice, but they don't have any pricing information on theirs site.
  • #812
  • Mar 19, 2010 11:49am Mar 19, 2010 11:49am
Quoting Adal
My concern was about latency. While I don't believe it's possible to do HFT with FXCM, it certainly can't hurt to be close to your broker servers.

PIPConnect.com only has servers in NY, so I guess that you are also there.

Let me rephrase my question: if I have an account with FXCM UK, where should I host my EA to have minimum latency? In London or in NY? Can this location change? I mean, is it possible that today the server I'm connecting to is in London, while the next day it is in NY?

I'm only concerned with the first server, the one...
Nice re-phrasing. You will want the VPS to be in NY.

No pricing on site means probably more expensive. I'm guessing at least a couple hundred a month. All depends on your needs...
  • #813
  • Edited 2:10pm Mar 19, 2010 1:35pm | Edited 2:10pm
Quoting Adal
My concern was about latency. While I don't believe it's possible to do HFT with FXCM, it certainly can't hurt to be close to your broker servers.

PIPConnect.com only has servers in NY, so I guess that you are also there.

Let me rephrase my question: if I have an account with FXCM UK, where should I host my EA to have minimum latency? In London or in NY? Can this location change? I mean, is it possible that today the server I'm connecting to is in London, while the next day it is in NY?

I'm only concerned with the first server, the one Order2Go...
Usually I find the naiveness of retail traders funny and entertaining, but sometimes it really scares me.

So the guy wants to get as close as possible from FXCM servers so he will be able to..............

HFT them..........!!

Oh boy...brokers and their "liquidity providers" LOOOVE this kind of clients, they are the closest thing to free money in this earth.

I can picture this guy scalping like crazy....one "nano pip" here....another "nano pip" there sending his broker to a commission nirvana. Than after a gazillion trades and finally 50 pips profit the "liquidity provider" slams him with a spike and suddenly he is trapped in a 200 pips draw down .
  • #814
  • Mar 19, 2010 2:05pm Mar 19, 2010 2:05pm
Quoting Jason Rogers
You will want the VPS to be in NY.
Would a VPS in NY have better latency than a VPS in Boston?
Why did you choose Boston Technologies for the VPS that you offer?
  • #815
  • Mar 19, 2010 2:56pm Mar 19, 2010 2:56pm
Quoting Hyper
Would a VPS in NY have better latency than a VPS in Boston?
Why did you choose Boston Technologies for the VPS that you offer?
Hi Hyper,

Cutting down on distance could decrease latency, so all other things being equal I would expect a VPS in NY to have lower latency than one in Boston.

As far as why BT was chosen to for our VPS offering...I wasn't a part of the discussions on who to choose, but I would have to say most likely because we already have a working business relationship that makes it easy to integrate with our current MT4 offering, the setup times are fast due to our existing relationship and communications, and the setup allows us to offer it for free to anyone that maintains a $5k balance.

-Jason
  • #816
  • Edited 3:50pm Mar 19, 2010 3:30pm | Edited 3:50pm
VPS = Virtual PRIVATE server

The VPS from Boston Technologies puts at least two different traders on the same VPS. They isolate the users by setting NTFS (file) permissions in the VPS. It is not a true VPS in the sense that you have your own OS instance with your own private file system. So the free FXCM VPS is not really a private server. you also do not have Administrative access to the vps (you can't because if you did then you could access the other users file on the same VPS). I'm guessing you will be a little limited what you can upload/do because with this model a crash of an application by one user can affect (is likely to actually) the other user running in the same VPS.

I would say it's closer to VDI (virtual desktop infrastructure) than VPS. VDI is mostly used for a desktop infrastructure inside a corporation, where everyone is on the same team anyway. IMHO it's not really appropriate to host traders on this type of platform who have no relationship to each other. one human error away from sharing files.

FYI
BarrySDCA Commercial Network Services
  • #817
  • Mar 19, 2010 4:06pm Mar 19, 2010 4:06pm
Quoting Platypus
Usually I find the naiveness of retail traders funny and entertaining, but sometimes it really scares me.

So the guy wants to get as close as possible from FXCM servers so he will be able to..............

HFT them..........!!
Are you blind or something? Or you just skipped school and are a little reading impaired.

What part of "I don't believe it's possible to do HFT with FXCM" are you having trouble with?
  • #818
  • Mar 19, 2010 4:15pm Mar 19, 2010 4:15pm
Quoting Adal
Are you blind or something? Or you just skipped school and are a little reading impaired.

What part of "I don't believe it's possible to do HFT with FXCM" are you having trouble with?
Quote
it certainly can't hurt to be close to your broker servers.

This part.......
  • #819
  • Mar 19, 2010 4:22pm Mar 19, 2010 4:22pm
Quoting Platypus
This part.......http://cdn.forexfactory.com/images/s.../yim/happy.gif
And by me saying that it can't hurt to be close to your broker servers you imply that I will be doing HFT, because obviously in your little mind that's the only possible reason why somebody would want low-latency market access.

I see that you've also skipped logic lessons in school

I bet that when you trade by phone with your "Interbank" you say to them "and there's no need to hurry, you can open the position for me when you have time, even tomorrow. I don't mind"
  • #820
  • Mar 19, 2010 4:23pm Mar 19, 2010 4:23pm
Quoting Adal
And by me saying that it can't hurt to be close to your broker servers you imply that I will be doing HFT, because obviously in your little mind that's the only possible reason why somebody would want low-latency market access.

I see that you've also skipped logic lessons in school

I bet that when you trade by phone with your "Interbank" you say to them "and there's no need to hurry, you can open the position for me when you have time, even tomorrow. I don't mind"

Whatever Adal.....don't take it the wrong way but if you didn't get what I meant there is just no reason to reason.....
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