NexusFi: Find Your Edge


Home Menu

 





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


Discussion in Brokers

Updated
      Top Posters
    1. looks_one chalupsky with 10 posts (0 thanks)
    2. looks_two Big Mike with 6 posts (4 thanks)
    3. looks_3 dlatbm with 2 posts (1 thanks)
    4. looks_4 jthom with 1 posts (0 thanks)
    1. trending_up 10,658 views
    2. thumb_up 7 thanks given
    3. group 9 followers
    1. forum 26 posts
    2. attach_file 0 attachments




 
Search this Thread

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

  #1 (permalink)
chalupsky
Cardiff, UK
 
Posts: 11 since Jun 2012
Thanks Given: 27
Thanks Received: 1

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

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Request for MACD with option to use different MAs for fa …
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
67 thanks
NexusFi site changelog and issues/problem reporting
47 thanks
Battlestations: Show us your trading desks!
43 thanks
GFIs1 1 DAX trade per day journal
32 thanks
What percentage per day is possible? [Poll]
31 thanks

  #3 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Velocity/IB
Trading: 6E
Posts: 1,145 since Feb 2010
Thanks Given: 304
Thanks Received: 844


It's no battle, Velocity. Shhhhh, don't think, just do.

Reply With Quote
  #4 (permalink)
 Family Trader 
Palm Beach County
 
Experience: Advanced
Platform: OEC about to change to Ninja
Trading: ES ,EUR/USD
Posts: 179 since Feb 2011
Thanks Given: 66
Thanks Received: 90


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

Visit my NexusFi Trade Journal Reply With Quote
  #5 (permalink)
 mongoose 
Chicago, IL
 
Experience: None
Platform: oil super computer
Trading: multiple
Posts: 272 since Jun 2011
Thanks Given: 817
Thanks Received: 433

Didn't oec just get bought?

Reply With Quote
  #6 (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: 50,322 since Jun 2009
Thanks Given: 33,143
Thanks Received: 101,476


mongoose View Post
Didn't oec just get bought?

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



Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #7 (permalink)
chalupsky
Cardiff, UK
 
Posts: 11 since Jun 2012
Thanks Given: 27
Thanks Received: 1

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.

Reply With Quote
  #8 (permalink)
chalupsky
Cardiff, UK
 
Posts: 11 since Jun 2012
Thanks Given: 27
Thanks Received: 1


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

Reply With Quote
  #9 (permalink)
chalupsky
Cardiff, UK
 
Posts: 11 since Jun 2012
Thanks Given: 27
Thanks Received: 1


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.

Reply With Quote
  #10 (permalink)
 jthom 
Sydney / Australia
 
Experience: Intermediate
Platform: NT
Broker: AMP
Trading: Oil
Posts: 118 since Jun 2009
Thanks Given: 128
Thanks Received: 105


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

Reply With Quote





Last Updated on September 2, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts