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Tradevec for FX trading


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Tradevec for FX trading

  #1 (permalink)
 sysot1t 
 
Posts: 1,173 since Nov 2009

for those who trade FX, I figure I let you guys know that PFGBest is now offering tradevec as one of their trading platforms for FX trading, and futures as well, but FX trading gets you the platform for free (FX only of course). The minimun account requirement with PFGBest is $5K and you can trade mini-lots.

PFGBEST.com - BESTDIRECT TradeVec Simulated Trading Signup

I went ahead and created a comparison of PFGBest against all other FCM's that I have heard mentioned on this forum. It should give you an idea of financial stability. The other thing I did as well was highlight the main FX brokers out there, for ease of comparison.

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  #2 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Sharp looking platform. Looking forward to more from them.

But not so sure about using PFGBest... it isn't the size or stability of the company, it is their technology. I've always thought they are an out of date technology wise. What are your thoughts? (perhaps best to move that discussion to brokers thread).

Mike

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  #3 (permalink)
 sysot1t 
 
Posts: 1,173 since Nov 2009



Big Mike View Post
Sharp looking platform. Looking forward to more from them.

But not so sure about using PFGBest... it isn't the size or stability of the company, it is their technology. I've always thought they are an out of date technology wise. What are your thoughts? (perhaps best to move that discussion to brokers thread).

Mike

I am opening an account with them for FX to test it out, but in terms of technology... which part? the account management platform or the access to platforms? I have not tried their own white label products, but they do offer quite a lot of other platforms (Xtrader/NT7/etc)..

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  #4 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,212
Thanks Received: 101,599


sysot1t View Post
I am opening an account with them for FX to test it out, but in terms of technology... which part? the account management platform or the access to platforms? I have not tried their own white label products, but they do offer quite a lot of other platforms (Xtrader/NT7/etc)..

Their backend execution and routing, as well as customer portal interface.

Mike

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  #5 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,212
Thanks Received: 101,599

Can you report anything yet?

Also if you have time to make a video or two of TradeVec in action, I'd like to see it please.

Mike

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  #6 (permalink)
 sysot1t 
 
Posts: 1,173 since Nov 2009


Big Mike View Post
Can you report anything yet?

Also if you have time to make a video or two of TradeVec in action, I'd like to see it please.

Mike

I opened the account, I have not funded it yet... I have to follow up next week and wire some funds...

as to the video, sure, I can do that.. there is a demo component that I can use... also, anyone can download it and just use it for free with spotFX and play with it at their own pace as well...

Spot FX is something that I use to express my own personal view and opinion of what a currency will do, so I dont really scalp those as I tend to do for 200+ pips... so my video might be boring

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  #7 (permalink)
paulg
NY
 
Posts: 90 since Sep 2009
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sysot1t View Post
I opened the account, I have not funded it yet... I have to follow up next week and wire some funds...

as to the video, sure, I can do that.. there is a demo component that I can use... also, anyone can download it and just use it for free with spotFX and play with it at their own pace as well...

Spot FX is something that I use to express my own personal view and opinion of what a currency will do, so I dont really scalp those as I tend to do for 200+ pips... so my video might be boring

Hi sysot1t,

Could you please update about your experience with Tradevec on FX and with PFG?

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  #8 (permalink)
paulg
NY
 
Posts: 90 since Sep 2009
Thanks Given: 54
Thanks Received: 23

So what's happened to TradeVec?

Apparently they shut down the everything and they kept the domain...
https://www.tradevec.com

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  #9 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,212
Thanks Received: 101,599

Another one bites the dust. Too long of dev cycle not enough interest or income generated as result is my guess

Sent from my Nexus 4

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  #10 (permalink)
 
Jura's Avatar
 Jura   is a Vendor
 
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Big Mike View Post
But not so sure about using PFGBest... it isn't the size or stability of the company, it is their technology. I've always thought they are an out of date technology wise. What are your thoughts? (perhaps best to move that discussion to brokers thread).

Completely off-topic, but I couldn't help but smile for such an, in hindsight, foreseeing comment.

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