I'm planning to switch from X_Trader to CQG in these days. I'll try CQG and I'll tell you my opinion. I use velocity futures but in the last month I'm experiencing lag on Eurex with all platforms with TT datafeed and It's the reason I want to try CQG. Velocity futures told me that is an issue relative to TT's EUREX server and not all customers have that issue. they're trying to solve that but I still have it.
I have to admit, CQG Trader is pretty cool and light. I was testing today what trading would be like over a cellular connection, since that is part of my DR plan, and I have to admit that it was pretty snappy.. even into todays close it was very, and I mean very responsive.. to some extent almost (and I do say almost) the same as my lan connection.
Anyhow, I figure I share.. CQG rocks.. and so does tradevec... but over cell phone CQG rules.
Favorite Futures: Futures, derivatives, ETFs, etc.
Posts: 6 since Jun 2011
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Reading through this thread makes me wonder. I started out as an intern watching and learning from traders inside a firm and outside individually.
To me, the platform is a crucial foundation to trading. You have to have confidence in it. There has to be excellent customer service. Nothing less will do for me. I experienced them all, did my own research. and have been using CQG since the late '80s.
I don't know about others here or how they do things, but I like to keep things simple, dependable, because I like to focus on my work. Of course I like to try out new features and things over time, but rarely do they make me a better trader.
I completely agree... that is one of the reasons why I have been using Tradevec on TTFIX now for almost a year for my order execution with MarketDelta for my charting... I would love to use CQGIC overall, but the issue is $2K per month while trying to learn the platform is not realistic... the platform has so much to offer, than to fully use it one has to spend lots and lots of time using and learning it... but IMO, it is the most complete platform out there, even more complete than XTrader or even TradeSignal... I would use the full blow CQGIC in a heartbeat.. rather than the CQGTrader as a backup account.
I've used CQGIC (company paid for it) and I LOVED it. Most complete platform there is. However the $2K price tag is hefty for a small retail guy. If it wasn't I'll be back in a second.
I have recently switched to CQG Trader for order execution (use Investor RT and Updata for charting) from TTFix and will never look back. So much better. And it keeps the door open in case I'll grow up to Integrated.
I'm still using CQG trader with velocity....I don't like CQG and its DOM but it is fast and reliable..so I'm still trading with it.
I have been trading with globalfutures for more than 4 years and margin and commissions are comparable with velocity, but they don't have x-trader for free. I left globalfutures because everytime there was a technical issue (not for my fault) assistance was totally incompetent and I lost a lot of money. Globalfutures, anywahy, shouldn't be affected from eurex lag problem.