Zenfire no more? - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading


Zenfire no more?
Updated: Views / Replies:213,579 / 1,210
Created: by MeanBean Attachments:13

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 13  
 
Thread Tools Search this Thread
 

Zenfire no more?

  #941 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,032 received


steve2222 View Post
Check AMP & Optimus. Pretty sure you will find neither have monthly or inactivity fees.

Thank you for the suggestion. I will contact them and see how to move my account.

Reply With Quote
 
  #942 (permalink)
Elite Member
Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: NTB / Continuum
Favorite Futures: FDAX and CL
 
Balanar's Avatar
 
Posts: 396 since Jan 2013
Thanks: 507 given, 1,625 received


Daytrader999 View Post
BTW, has ANYONE been able to get the 'interim' Continuum data feed up and running by now ??

Yes, I received a mail from Mirus one hour ago.

BUT, it was without login data.

The fields for login name and password are empty LOL

What a fail!

Can anyone confirm receiving the mail without login data or is it just me?

Reply With Quote
The following 2 users say Thank You to Balanar for this post:
 
  #943 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received



Balanar View Post
BUT, it was without login data.

The fields for login name and password are empty LOL

...But at least it is some kind of a new beginning...

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote
 
  #944 (permalink)
Elite Member
USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 5 since Feb 2011
Thanks: 2 given, 3 received

Just received Continuum login from Mirus.
Amongst other things their letter reads:

Continuum’s order execution is only available through NinjaTrader Standard Edition. Mirus is providing a free 2 month upgrade to Standard Edition for those traders using NinjaTrader Direct.
To take advantage of this opportunity, please email sales@ninjatrader.com including your License Key # and referencing the "2 Months Free Upgrade" through Mirus. You will not be billed during the first 2 months and can cancel at any time.


I'm giving Mirus a shot. There's not one bad thing I can actually say about them. Granted, they could've handled this one better, or so it seems... But somehow, I'm not prepared to bail so quickly on people I've been with for 2 years.

Reply With Quote
The following 2 users say Thank You to jbarr for this post:
 
  #945 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received


jbarr View Post
I'm giving Mirus a shot. There's not one bad thing I can actually say about them. Granted, they could've handled this one better, or so it seems... But somehow, I'm not prepared to bail so quickly on people I've been with for 2 years.

Well, since I've been with Mirus for more than 2 years now, during that time I couldn't say any bad things about them as well.

But as I already pointed out before, as far as I'm concerned they recently exaggerated their 'policy of 'non-information' and ignorance of their existing clients by far.
So, as a result, by evincing such an unprofessional behavior any confidence for further cooperation has been gone now.

But that's just me...

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn

Last edited by Daytrader999; January 12th, 2014 at 06:48 PM.
Reply With Quote
 
  #946 (permalink)
Elite Member
Penetanguishene, Ontario, Canada
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage (formerly Mirus Futures)
Favorite Futures: ZB
 
Posts: 259 since Jun 2011
Thanks: 334 given, 769 received

Zenfire no more?


jbarr View Post
Just received Continuum login from Mirus.
Amongst other things their letter reads:

Continuum’s order execution is only available through NinjaTrader Standard Edition. Mirus is providing a free 2 month upgrade to Standard Edition for those traders using NinjaTrader Direct.
To take advantage of this opportunity, please email sales@ninjatrader.com including your License Key # and referencing the "2 Months Free Upgrade" through Mirus. You will not be billed during the first 2 months and can cancel at any time.


I'm giving Mirus a shot. There's not one bad thing I can actually say about them. Granted, they could've handled this one better, or so it seems... But somehow, I'm not prepared to bail so quickly on people I've been with for 2 years.

Well said jbarr,
I've been a Mirus for a little over 3 years now and can not think of one bad thing to say about their service and support - up to and including - the recent troubles brought on by the Zenfire changeover.
The move was likely a plan to improve performance [and more than likely to reduce their overhead costs] and was no doubt undertaken with the best of intentions. Unfortunately it seems as though they have wound up with both a programming and a public relations nightmare not too dissimilar to the Obamacare website.

Reply With Quote
The following 2 users say Thank You to TopGunNote for this post:
 
  #947 (permalink)
Elite Member
Ireland
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: CL GC FDAX
 
Posts: 118 since Jul 2012
Thanks: 85 given, 48 received


FBJS View Post
I am honestly amazed at how incompetent the top management at Mirus/Zen have been throughout this fiasco. How can the same people who built such a great reputation over a number of years not realize the importance of a backup plan, or what would happen to their business when the data feed didn't work? How could they not know about problems of this magnitude? This isn't some small bug in the feed, it has essentially been down for weeks. Not to mention the unbelievably unprofessional way they treated their customers once the problems started occurring: not giving faster updates, ignoring emails and phone calls, and so on.

One thing I can say: I doubt that Zen-Fire is going to be 100% problem-free even when it does re-launch. How you trust people that were willing to go live with this type of buggy code and lack of fail-over capability? Can you trust them when they tell you that all the problems are now fixed, in a couple more weeks? It's too bad for the industry, because we always could use more competition, and Mirus used to be a great alternative. I hope other brokers learn some lessons from this, and that this kind of fiasco is never repeated by anybody. In any case, I feel zero sympathy for the top management at Mirus/Zen... they definitely brought this on themselves, no question.

Agreed. Earlier I suppose I was going a bit lighter on them. But if theres one thing I have learned in all this is to get my own back up plan knocked into shape so this can never affect me again like this. Its something Ive been meaning to do for a while now but now Im defo going to get it done, in the morning.

Reply With Quote
 
  #948 (permalink)
Elite Member
canada
 
Futures Experience: Beginner
Platform: multi
 
Posts: 44 since Dec 2009
Thanks: 21 given, 14 received


gain247 View Post
Hi Danny. Yes, it's been "stormy" week, to say at least. Long story short, Mirus zenfire stopped working (scaleability issues) and for the time being Mirus has offered the following alternatives, if your account is cleared by Dorman:

- NinjaTrader on Continuum
- Sierra Charts on T4
- MarketDelta Trader on CQG
- InsideEdge Trader on CQG or T4

If your account is with RCG, you either stay with Mirus and move to Dorman as FCM or elect to stay with RCG as your broker without Mirus. Mirus is now only with Dorman. There is also more information on Ninjatrader Support boards here NinjaTrader Support Forum (see especially "News and Announcements" section.

Hope all works out eventually!

From my understanding and someone please correct me if I am wrong, If you have a Mirus account cleared by Dorman you need Continuum and also Kinetick for the market data right? I may be wrong but I thought I read this.

Reply With Quote
 
  #949 (permalink)
Trading for Fun
New York, USA
 
Futures Experience: Master
Platform: NinjaTrader
Broker/Data: Mirus/Continuum//FuturePath/Rithmic
Favorite Futures: Currency Futures, Treasury Futures
 
jaytrades's Avatar
 
Posts: 80 since Jun 2011
Thanks: 22 given, 78 received


cunparis View Post
My main criteria is I want something that's not expensive because I don't trade that much. with Mirus I was happy because I just needed 5 trades and there was no fee so that was easy to do.

so you're now with Dorman directly? what a pain this has been and it looks like Mirus may not survive. It's interesting that Velocity got out of the retail business last year and I wonder if that's a coincidence. Kind of strange. so my velocity account got closed and now I just have mirus and IB but IB's data feed isn't good..

if I can i'd like something with no monthly fee, low minimum trade requirement and a bid/ask that's good (doesn't have to be perfect).

True, there were a few months I was struggling before I got over the psych issues, but I learned something, when you are negotiating, don't mention your 5 per month periods, mention your higher frequency months. Once you start to be so honest, you're toast. I had only a couple of moths of 5 RT's, but for Nov & Dec, I was doing 15 to 25 per month. I sold myself short and now I have to wait until I get another chance to negotiate. Live & Learn....

Reply With Quote
 
  #950 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received



DannyG View Post
From my understanding and someone please correct me if I am wrong, If you have a Mirus account cleared by Dorman you need Continuum and also Kinetick for the market data right? I may be wrong but I thought I read this.

Yes, in regards to the current status, that's correct.

As an alternative, you might ask them to transfer your account to Dorman directly in order to avoid the need for a Kinetick subscription.

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote

Reply



futures io > > > > Zenfire no more?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Zenfire Brokerage record100 Reviews of Brokers and Data Feeds 8 January 7th, 2014 10:57 AM
Issue With Zenfire Nyati Reviews of Brokers and Data Feeds 21 January 2nd, 2014 12:05 PM
Frequent disconnections from zenfire asiaexpat Reviews of Brokers and Data Feeds 35 November 26th, 2013 10:19 PM
Rithmic vs Zenfire liquidcci Reviews of Brokers and Data Feeds 42 September 1st, 2013 03:28 AM
Hi, need zenfire java aAPI atas1 Reviews of Brokers and Data Feeds 2 March 22nd, 2013 07:32 PM


All times are GMT -4. The time now is 04:50 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-16 in 0.15 seconds with 20 queries on phoenix via your IP 54.163.210.170