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Experience with Velocity Futures?


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Experience with Velocity Futures?

  #101 (permalink)
 
aslan's Avatar
 aslan 
Madison, WI
 
Experience: Advanced
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MetalTrade View Post
Something I don't understand is that if you pay yourself for X-trader or you pay for yourself for Ninjatrader the comissions are higher for Ninjatrader than for trading withX-trader.

why is that ? I mean, you pay in both cases for the software, that is no cost to Velocity, why is ninjatrader more expensive ?

I don't get it.

How much more? With Ninja, you are paying .10 / side for using the static DOM (patent royalties to TT).

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  #102 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

Allright thanks !!!

Velocity and TT seems to work good together, are they linked (financially ?)

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  #103 (permalink)
 sysot1t 
 
Posts: 1,173 since Nov 2009


I do not think they are not linked financially in the sense having an ownership on each other... but they are certainly linked financially when it comes to customer transactions as long as you use the NT7 or XT platforms; therefore, it is merely common sense they would work together to retain and attract a common customer base that increases both their revenue streams.


MetalTrade View Post
Allright thanks !!!

Velocity and TT seems to work good together, are they linked (financially ?)


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  #104 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010


aslan View Post
How much more? With Ninja, you are paying .10 / side for using the static DOM (patent royalties to TT).

$0.2 RT extra to use Ninja on Velocity TT. Because of the static DOM. But what if you don't use the static DOM in Ninja ? Too bad, you still pay the $0.2 RT EXTRA .... pffffffff, that sucks !!!

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  #105 (permalink)
 
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 LukeGeniol 
Italy (IT) Italy
 
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MetalTrade View Post
$0.2 RT extra to use Ninja on Velocity TT. Because of the static DOM. But what if you don't use the static DOM in Ninja ? Too bad, you still pay the $0.2 RT EXTRA .... pffffffff, that sucks !!!

You can ask to NT to remove your license for the static DOM, like @aslan did, and you will paid 0,2 rt less.

Take your Pips, go out and Live.
Luke.
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  #106 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

And he's on Velocity ??

If that would be possible, that would be great.

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  #107 (permalink)
 
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 aslan 
Madison, WI
 
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MetalTrade View Post
And he's on Velocity ??

If that would be possible, that would be great.

I am on Mirus, and they did it for me no problem. You have to ask your broker at Velocity.

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  #108 (permalink)
 
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 h4cked 
England
 
Experience: Master
Platform: Sierra Chart, OptionsCity
Broker: Broker ADV, Data TT
Trading: Options, Futures, FX & FX Options
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Very Good...
After a technically annoying time with Zenfire and IB, Big Mike recommended Velocity (I have also moved over to the full CQG IC, something I have been wanting to do for 5 months), I have to say the opening process the dialogue with Dale Box and their entire operation from application to first order fill has been amazing.

7 years with IB makes you happy when someone answers an email within 1 week.

Mike, thanks for the great posts on your experinces with Velocity and the demos on X-Trader.
I now start the mammouth task of moving all my code to CQG
Adam

You have to enjoy it.
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  #109 (permalink)
 
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 Big Mike 
Manta, Ecuador
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h4cked View Post
Very Good...
After a technically annoying time with Zenfire and IB, Big Mike recommended Velocity (I have also moved over to the full CQG IC, something I have been wanting to do for 5 months), I have to say the opening process the dialogue with Dale Box and their entire operation from application to first order fill has been amazing.

7 years with IB makes you happy when someone answers an email within 1 week.

Mike, thanks for the great posts on your experinces with Velocity and the demos on X-Trader.
I now start the mammouth task of moving all my code to CQG
Adam

Glad to hear it, thanks for sharing your experience.

Mike

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  #110 (permalink)
 cpi65 
UK
 
Experience: None
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I have had an experience with Velocity where a trade over the phone was executed incorrectly (to my disadvantage).

However, I have had problems with every shop/fcm/broker I've ever been with. I recommend Velocity as my first choice to anyone looking to open a futures account. Their technology is robust, emails get replied to within an hour or so, account management (downloadable account statements, wires in - and most importantly out) have all been handled quickly and professionally.

Although I do not have experience with these services, it does apear that Velocity will also assist customers lease seats at exchanges, provide server space, FIX and DMA for those that require it. All good stuff.

So all in all they're good blokes.

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Last Updated on October 26, 2013


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