Experience with Velocity Futures?

August 28th, 2010, 04:36 PM

RRider

Can you recommend where to look?

Look here.

Mike

September 3rd, 2010, 04:26 PM

they are very good !

October 9th, 2010, 10:42 AM

It's a little confusing, I thought they payed for the other platforms also, but they only give you x-trader.

For the other platforms on their site you have to buy the license from the vendor.

October 9th, 2010, 11:22 AM

MetalTrade

It's a little confusing, I thought they payed for the other platforms also, but they only give you x-trader.

For the other platforms on their site you have to buy the license from the vendor.

This is not true, you can get CQG Trader for "free". I thought Ninja was as well, but Ninja made some license changes recently so maybe not.

Mike

October 9th, 2010, 11:37 AM

Big Mike

This is not true, you can get CQG Trader for "free". I thought Ninja was as well, but Ninja made some license changes recently so maybe not.

Mike

NT with Velocity is not free, you have to get your own license from NT... their version trades via TT, not ZenFire...

CQG_Trader(not the full package) and X_Trader both have free versions, you pay more in transaction costs..

October 9th, 2010, 11:45 AM

vegasfoster

Thanks everyone for the responses. It sounds reliable.

I try to leave my computer running to capture tick data from IB, but I run replays every night and with ninja and I have to disconnect to do that and/or I get cut off by IB and am not there to log back in. With multicharts can I stay connected and still run the replays? Also, if I import tick data into multicharts from zen can I run replays on that data, or is it a different data set? With ninja, I download replay data but I can't see it on the live charts, I guess it's a different data set? Thanks for any help.

IB tick data will still be crap... invest some funds (~$1200/yr depending on what you pick) on IQFeed and get your CME fees waived by opening an account with another broker that supports NT, etc... you can always chart off IQFeed with MD/NT/MC/TS and trade off IB with ButtonTrader/BracketTrader/NT7 ... I have been looking at their booktrader lately... but I personally prefer ButtonTrader if doing IB...

October 9th, 2010, 11:54 AM

Big Mike

I checked on this one to see how it might effect me, and since NYMEX is under CME server, I could have both the ES and CL dom's up same time in X-Trader. I trade CL 90% of the time and haven't traded anything but CL or ES in over a year, so it works fine for me.

I'm considering switching to Velocity because I would like to use X-Trader instead of NT DOM. I already use MultiCharts for charts and backtesting, and MultiCharts has the TT FIX adapter, and Dale confirmed I could do both MC+TT FIX and X-Trader simultaneously.

I contacted Dale Box @ Velocity Futures (dbox /at/ velocityfutures.com) and he has been very helpful. Thanks to George for the referral of his rep. Dale has given me a very competitive quote on commissions, matched my margins, and I like the idea that Velocity is an FCM whereas Mirus is an IB. But I also really like the customer portal at Velocity, this is a sore spot for me with my Mirus statements.

So I've not decided yet and not a decision to take lightly, but so far so good and I may be switching from Mirus to Velocity. Also I know most users here are NT users, and if you use NinjaTrader then really you should have Zen Fire, it is simply the best for NinjaTrader users. Kinetick might change that over time

But for me, I don't use NT for any charting, backtesting or anything other than the DOM, and because of this I think X-Trader makes more sense for me. We will see

Mike

the Velocity Portal was one of the reasons for which I switched my accounts from Dormant/Mirus over to them... their only issue is funds are only by wire in or out, but one gets used to that... I love their leaderboard... nothing like being able to compare how you are doing against others... specially since trading is a rather solitary thing.. I personally have separate accounts for discretionary and strategy trading, so I was not too worry about two platforms sending in orders at the same time or anything like that...

October 10th, 2010, 03:58 PM

I asked this question long ago about velocity traders.unfortunately,they do not accept accounts from canada.About the plat forms,all have free platforms but ninja is never free for live trading.We need to buy it paying1200$$$ for life time licence or can lease for 50$$a month.I m thinking to open a new account by
OPTIMUS TRADING GROUP..commission is 4$ round(E MINIS) and no data fee.Look like good.Any body have any experience with them?Thanks in advance for Any feed back.I Have account with IB ( INTERACTIVE) but can not use ninja live.the current version of IB is not the one we can use with ninja for live trading and previous version
have not gaurenty for the performance.

October 10th, 2010, 07:10 PM

tm10

I asked this question long ago about velocity traders.unfortunately,they do not accept accounts from canada.About the plat forms,all have free platforms but ninja is never free for live trading.We need to buy it paying1200$$$ for life time licence or can lease for 50$$a month.I m thinking to open a new account by
OPTIMUS TRADING GROUP..commission is 4$ round(E MINIS) and no data fee.Look like good.Any body have any experience with them?Thanks in advance for Any feed back.I Have account with IB ( INTERACTIVE) but can not use ninja live.the current version of IB is not the one we can use with ninja for live trading and previous version
have not gaurenty for the performance.

if you have IB, look at ButtonTrader or BracketTrader... and for charting you are better off spending the $1400 with Multicharts... IMO...

I dont know about optimus, other than today when I was browsing the forum from my iphone I noticed an add from them on the site..

usually when I dont know anything about the IB or find it hard to get honest feedback.. I look at the FCM for whom they introduce.. in this case Vision Financial... which is well capitalized when compared to similar size piers... and they have significant customer funds which is also one of my criterias.... see attached comparison.. I included others that I believe might open the account for you being from canada, and the one you have now..

October 13th, 2010, 02:58 AM

Thanks for your reply.Im using ninja since long time and hard for me to switch for an other charting software.
i did check button and other platforms.in fact i did use Tsim plus for live trades with ib.In my opinion,one plat
form,with dom and charts is better than u have 2 or three for different matters.SPecially,if some one want to use a STRATEGY.NINJA has good features for testing and or using a Strategy.

Experience with Velocity Futures?

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Experience with Velocity Futures?