Greetings to @Ironbeam Mike, and welcome to the community! We thank you for supporting our community, and look forward to your upcoming webinar where you will go over your products and services offered by Ironbeam.

We will post the details/date of that event in this thread shortly.

In the meantime, if anyone has questions about Ironbeam, please post them here.

Mike

Hey @Ironbeam, What is the difference between legacy Firetip and the new Firetip X?

Hey @Ironbeam, What is the difference between legacy Firetip and the new Firetip X?

In addition to this, I would like to know @Ironbeam if Firetip works on Mac OS? A lot of people ask, and not many platforms do.

Mike

Hello, I have the question: is it possible to trade futures and futures options? And with which platform or which data provider is it possible?

Hey @tturner86 - good question.

Anyone that's used legacy Firetip will notice that there many of the widgets in Firetip X have the same names. The core tools from legacy Firetip are there, but Firetip X approaches these tools from a new angle.

Firetip X is completely formula based. Traders can use the 300+ built-in indicators and formulas, or create and edit their own. These formulas can not only be used as indicators, but can also be applied as custom order types, trade signals, or plotted to your quote board as their own cell/column/row. This includes the ability to code directly to the API from the front end trading platform. Legacy Firetip doesn't have the formulas or API capabilities that X has.

Another difference is that Firetip X uses the same code across all platforms/operating systems. You can create a workspace on the web platform, and open it on your iPhone, Android, tablet, or the desktop app and vice versa. You can even code indicators or formulas on the Android or iOS app if you really wanted to.

Firetip X will also feature the new spread builder in an upcoming release - where a user can create a new option or futures spread and submit it to the exchange to create the instrument if valid & send out an RFQ to trade it (if the spread doesn't already exist).

There are many more differences which I'm sure we will cover in future webinars on here, but these are a few of the big ones that come to mind

What other trading platforms do you offer?

Terry

Do you support NT?

Any plans to add 2FA security to the Ironbeam portal login?

Is it possible if you could waive the $10/month for users of Ninjatrader with CQG?

When your web site refers to "native" Linux application.....is that a desktop application or a web interface?

I had not heard this before. @Ironbeam do you offer a linux desktop trading app?

So as it stands, there are two versions of Firetip. There is the original Firetip desktop app, which we refer to as Firetip v8 or "Legacy". This can be run natively on Linux as a desktop app.

Now there is Firetip X, which is the one promoted on our site. The iOS, Android, and Web-based versions have all been released, and you can trade from your browser on Linux. The desktop version is being released shortly and will include a native Linux app.

Hello,
I just discovered Ironbeam, I have several questions that I could not see in this forum:

1) Is it possible to trade with sierrachart and at the same time monitor the active position int the account through FireTip? if not, is there a way to monitor in realtime the current open positions and orders?
I like to trade with Sierra but if there are issues with the platform I need a second way to get out of my positions. Please don't consider Rithmic as an options since Sierra is dismissing it.

2) can you set up an account with sierra datafeed?

3) do you offer serverside OCO?

Thanks a lot
SAM

With Firetip(x) trading platform any plans to add:

1. Bid/Ask (market orders) volume indicator?

2. Delta (of Bid/Ask market orders volume) indicator?

3. Market Profile type chart (TT refers to as "Price Distribution Chart")?

Is there a roadmap for planned Firetip(x) enhancements?

1. Bid/Ask volume indicator: This is already in there. If you're having trouble finding it give me a call.

2. Delta (of Bid/Ask market orders volume) - We can add this for you no problem.

3. Market Profile type chart - I don't believe we are currently developing this but I've just added it to the list of future enhancements.

We really value your feedback on the platform and we can develop new features quickly. I'd love to chat on the phone if you have time, my number is listed below.

1. Bid/Ask volume indicator: I meant breaking out the contract volume On the Bid versus On The Ask. TT (Trading Technologies) has AVOL and BVOL indicators. ATAS combines it into one indicator (see below):

bid-ask-volume


(1) Is the contract volume on the Bid.
(2) Is the contract volume on the Ask.
(3) Is the Delta (difference) between the two.

Hello Mike, I plan on joining you guys for the AMA.

Anyways I was going to ask this at the AMA, but do you guys have a full break down of costs/fees/commission/etc. for using IronBeam and FireTip X?

By the way, I have been doing some reading on here, and I appreciate how you guys have been approaching suggestions and questions.

We do support NinjaTrader licenses that were purchased prior to March of 2015.

Hey there -

Thanks for reaching out. We treat every customer individually and set up everything custom per account from a platform, margin, and commission standpoint. We work with a wide range of customer types; the customer who's running an algorithm colocated at the CME datacenter is going to have vastly different requirements from us than the farmer who just needs to sell come corn contracts 8 months out and hold.

Typically we just have a brief conversation with our prospective customers and figure out what their goals are and what kind of margins and software they need from us to be the most successful and we will send them a commission proposal from there.

I've attached our fee schedule along with a dummy commission schedule. We give futures.io members very competitive rates.

Oops. I missed reading this post prior to making my post. I'm reviewing the commision schedule.

If there are additional costs for Canadians, please explain them. I had an IB say that my cost would be higher than American clients.

I have something I forgot to ask at the AMA, hopefully you can help me out. When using FireTip X, lets say I open an ES position and I know you get that red line through the DOM/Advanced Trader indicating your current position(or rather your breakeven point). Now when you open 2 or more positions (at different values/prices) I notice the red line indicates your breakeven point (or profit/loss point) between all your current positions. I know I can look at current positions in Account Details, but is there a way I can mark my individual open positions on the DOM? If not is that something you could consider adding?

Thanks again, I appreciate all the information you guys have been giving out. I really appreciated that AMA.

Hey there,

I'm glad you enjoyed the AMA. That would be a cool feature... So you'd want a line for each contract's entry price basically?

We were just discussing how we can add more customization to plotting formulas on the DOM. So in theory we could create a formula that gives current position entry prices for all your positions and it would plot to the DOM as lines like the one you already see for current average entry price. I want to make sure I got your request right though, so is that what you'd be looking for?

I posted the same questions 4x and I was completely ignored by these clowns! Total turnoff, not impressed!

I don't see any prior post history from you on this thread. So I assume you mean during the live Q&A?

I'd like to have some detail to attempt to defend your rude name calling.
@tturner86 can you find this person's question the he says he asked four times and send me the details.

Sent using the futures.io mobile app

The questions were posted last week during the live AMA webinar (in the chat box)

Basically, thats what I was looking for. Just to add on to that, instead of changing the red line (for your average entry point), maybe use some other type of marker on the DOM to indicate you have a position there, which could be a different color line, or even just a blue or red triangle in the top left corner of market price where your position is, maybe even use a number in the corner to signify how many contracts you have at a particular price.

Just some ideas how to put it on the DOM. It would just be a lot easier to be able to take a peak at the DOM and see all your current positions.

Thanks again for even reading suggestions. I think that says a lot about IronBeam.

Motivated by the information I found on this fine site, I'm considering moving to Ironbeam. I've seen some of the videos; however, the Ironbeam Firetip X platform does not have a comprehensive Users Guide, Help Library or other written documentation, which would have been helpful.

Anyway, from what I can determine, Firetip X has no Order Type that is similar to Trading Technologies' TT Trailing Limit Order. That order type is well-documented here:

library.tradingtechnologies.com/trade/tto-trailing-limit-order.html

And none of Firetip X's existing built-in Order Types accommodates a Start Time (like most Trading Technologies' orders do).

Maybe I overlooked something; so, is all of this correct and if so, can these features be added sometime soon?

The questions were posted last week during the live AMA webinar (in the chat box)

Thanks for the suggestion! I forwarded it over to our development team. I'm not sure how it will be prioritized but I like the idea and hope to see it in future updates. I'll let you know if/when it is added.

I was just provided with the questions transcript from the Q&A and it looks like I did miss your questions somehow, although about 14 minutes in I had already covered MBO/Rithmic. I apologize, I assure you it was not intentional as this is a pretty easy one to answer.

The answer to your first two is yes, the data will be identical as it is supplied from CME (Bookmap receives the same MBO data as us).

The answer to your last questions is I am not sure. There are too many trading platforms out there for me to be intimately familiar with. But I know that the first step will be simply adding MBO to the DOM/ladder so that you can see buy/sell order sizes at every price increment instead of the standard ten levels.

I should also politely add that we did our best with the AMA (it is our first) and I genuinely thought we got to all of the questions.

Greetings.

I'm a little late with my question, but I am just reaching the point where it has become relevant. I did go back and review all of the questions and answers related to joining IronBeam as a Canadian trader. However, I have the following additional question, if you would be so kind.

I do have a USD bank account. I have the MICR-encoded account number.
Question: Will it be possible to deposit and withdraw money from the IronBeam account by connecting my bank account to my trading account?
If so, are there any fees associated with depositing/withdrawing?
If not, what are the options for Canadian clients?

Thanks.

Hello,

Re: Ironbeam w/ CME trading business, 2 questions please:

- do you receive TransferWise trading account deposits?
- what's the total commission and fees for a roundtrip (1 futures contract in and 1 out) for trading MES futures?

Thanks and looking forward,
Liv

Hi, I'm an Ironbeam client through Optimus, currently using CQG data within Sierra Charts and have a couple of questions for you.


First question is on CQG's full suite of data. I'm looking for real-time cash index as well as equity data which CQG has. After speaking with Optimus this afternoon they have advised that Ironbeam doesn't offer this data though. Is there a reason for this? I believe that these data options are available through other brokers so was curious as to why you don't have them.

Second question regards the TT/Sierra connection. You've mentioned above that you do not currently support this. Is there any intention of doing so in the future? Sierra's data options seem to be expanding (and include cash indices as well as equities) and are reasonably priced. If the full suite of CQG data isn't available, having Sierra's Denali feed as an executable option would be great and would eliminate the need to subscribe to 2 different data sources.

If it's ok with you I'd like to address this because you are our customer:
1) Here are the data points that CQG can enable Here
If Iron Beam can enable, we can request it. As you see, these are not free.

2) Iron bean does not have the TT/Sierra execution. However, you can see get their data (denali) and execute via your CQG. Denali is viewable data, not executable data. This is to the best of my understanding.

I have not seen any significant improvement in TT over Rithmic or CQG in terms of execution.
Maybe user experience is different, so again, this is just an opinion.

Thank you,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Please let me know if you'd rather take this discussion off-line.

Hi guys,

It is my pleasure to welcome David Lerman @ CME Group and Mike Murphy @ Ironbeam Futures for our 403rd webinar event, on Tuesday, November 10th @ 4:30 PM Eastern US.


Mike

The time of the webinar is not suited for Europeans. Will there be a recording ?

So much for the support.
I inquired/emailed about the commission fee and platform about 2 weeks ago twice yet IRONBEAM never replied back.
Maybe because I am from Canada or was it because of the small account size I was going to open?