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Battle of brokers: Velocity vs OEC! Which one to choose?
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Battle of brokers: Velocity vs OEC! Which one to choose?

  #1 (permalink)
Trading Apprentice
Cardiff, UK
 
Futures Experience: Beginner
Platform: Sierra Chart, Think or Swim
Favorite Futures: TF
 
chalupsky's Avatar
 
Posts: 11 since Jun 2012
Thanks: 27 given, 1 received

Battle of brokers: Velocity vs OEC! Which one to choose?

Hi all experienced traders out there,

I'm looking to go live in a few months and am currently contemplating which broker to choose? I've done some research and I've come up with these 2: Velocity and OEC, my platform is and will be Sierra. So the question is, which one of these two brokers is according to your experience better all and all?

Many thanks,

Jan

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  #2 (permalink)
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  #3 (permalink)
Elite Member
las vegas
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
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It's no battle, Velocity. Shhhhh, don't think, just do.

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  #4 (permalink)
Elite Member
Palm Beach County
 
Futures Experience: Advanced
Platform: OEC about to change to Ninja
Favorite Futures: ES ,EUR/USD
 
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vegasfoster View Post
It's no battle, Velocity. Shhhhh, don't think, just do.

Fair enough....I sleep very well every night using OEC. I feel secure.

Couple of things I don't particularly like, but have got over it. I am comfortable with their platform. Not the best, but I am a simple guy; soI can live with it.

Was going to leave a couple of years ago...still there. Might say something...


Trader

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  #5 (permalink)
Freemason
Chicago, IL
 
Futures Experience: None
Platform: oil super computer
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Posts: 193 since Jun 2011
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Didn't oec just get bought?

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  #6 (permalink)
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mongoose View Post
Didn't oec just get bought?

Yes, Gain Capital purchased Open E Cry from optionsXpress (Charles Schwab)

https://futures.io/brokers-data-feeds/21333-gain-capital-buys-futures-broker-open-e-cry.html

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  #7 (permalink)
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chalupsky's Avatar
 
Posts: 11 since Jun 2012
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Thanks

Thanks guys, will wait if more replies appear, however, according to some online reviews I've seen, Velocity is doing better in comparison to OEC and I really liked the features and customer portal according to their presentation on new accounts here on futures.io (formerly BMT). Let's say, as a former web designer, one of my priorities is convenience, ease of use and overall clarity of a broker's customer web portal. Judging by a simple look at both websites, it's a good and professional work.

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  #8 (permalink)
Trading Apprentice
Cardiff, UK
 
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chalupsky's Avatar
 
Posts: 11 since Jun 2012
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vegasfoster View Post
It's no battle, Velocity. Shhhhh, don't think, just do.

How long have you been trading with Velocity and have you ever tried someone else as well?

Many thanks

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  #9 (permalink)
Trading Apprentice
Cardiff, UK
 
Futures Experience: Beginner
Platform: Sierra Chart, Think or Swim
Favorite Futures: TF
 
chalupsky's Avatar
 
Posts: 11 since Jun 2012
Thanks: 27 given, 1 received


Family Trader View Post
Fair enough....I sleep very well every night using OEC. I feel secure.

Couple of things I don't particularly like, but have got over it. I am comfortable with their platform. Not the best, but I am a simple guy; soI can live with it.

Was going to leave a couple of years ago...still there. Might say something...


Trader


OK, a couple of years ago, but you're still trading with them, so I assume they've just got better
Is there anything in particular you don't like about them? Support, customer portal, etc? I don't mind the platform as I'm Sierra user...

Many thanks.

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  #10 (permalink)
Elite Member
Sydney / Australia
 
Futures Experience: Intermediate
Platform: NT
Broker/Data: AMP
Favorite Futures: Oil
 
Posts: 116 since Jun 2009
Thanks: 125 given, 103 received


Gotta love them Velocity monthly accounting fees! Been abolished yet?

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