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  #211 (permalink)  
Old 05-20-2006, 02:26 AM
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NorthFinance real account issue

Welcome!
My first post in this forum. I find this forum the best about fx on the internet. Good job folks. To the point: I'm using NorthFinance demo account with success. Thinking about opening real with them in the near future. In their agreement I found a statement:
"The Client has no right to change or remove the valid and pending orders if the price has reached the level of the order execution". What the heck? I won't be able to change S/L or T/P while transaction is in progress? I heard that using original MT software solves the problem. Is that true?
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  #212 (permalink)  
Old 05-20-2006, 08:55 AM
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Quote:
Originally Posted by giggun
StrategyBuilderFX just announced a 2end approved MT4 clearing party who you can clear over IFX Markets www.cbfx.com

http://www.strategybuilderfx.com/for...740#post158740

And heard thay have more coming, wow pretty cool multiple clearing channels over one great platform
OK, I applied for a live account and was told the following:

Regretfully IFX is having trouble with the MT4 connections and IM not sure
when thay will clear this up. Would you mind using one of our other brokers
1: Gold Financial Services Inc www.sgfs.us or 2: COESfx Clearing, Inc
http://www.coesfx.com/

Interesting, I was not aware that Coesfx was available in the Metatrader 4 platform. This must be BRAND NEW. I promptly applied for a live account. I will report back with more information. Here is the email I received:

Thank you for applying for a live trading account on StrategyBuilderFX MT4 trading platform, you have chosen CoesFX Clearing Inc www.coesfx.com as your designated clearing firm.

COESfx is a pure ECN giving buyers and sellers of Foreign Currency access to the best Bid/Ask prices. Traders can buy and sell within the Bid and Ask prices in effect, making them a market maker. COESfx does not run a trading desk, which can be utilized to trade against the End User.

Spreads Typically 1-2 for all pairs

Minimum Account: Regular: $5,000 Mini $250

So I guess Coesfx is also now available in the Metatrader 4 platform. Good news!
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  #213 (permalink)  
Old 05-20-2006, 12:19 PM
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Quote:
Originally Posted by holyguy7
So I guess Coesfx is also now available in the Metatrader 4 platform. Good news!
that is an interesting development. thanks for sharing. keep us informed on how it goes with live trading with them.

i was reading their user manual about margin requirement. it seems that it can fluctuate depending on the volatility of the currency.

Last edited by BluePearl; 05-20-2006 at 12:32 PM.
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  #214 (permalink)  
Old 05-20-2006, 02:23 PM
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Hi all,

I'm wondering if I am the only one to have problems with metatrader 4 (last built 193) and server.

The fact is since yesterday afternoon, my metatrader 4 data is no more updated, i'm connected to my demo account correctly but I do not receive any data from the server so my chat do not update and still blocked at May 19 23:00 :-(

I've created another demo account, but still have the same problem

Can you tell me if there is a problem or what is wrong with my Metatrader 4.
I think it's due to the last metatrader 4 version, the 193 build !!!

Thanks

Last edited by yousky; 05-20-2006 at 02:26 PM.
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  #215 (permalink)  
Old 05-20-2006, 03:35 PM
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For some brockers (MIG for example), the market is closed friday at 23:00

Last edited by Michel; 05-20-2006 at 03:38 PM.
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  #216 (permalink)  
Old 05-20-2006, 04:08 PM
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Quote:
Originally Posted by holyguy7
... COESfx is a pure ECN giving buyers and sellers of Foreign Currency access to the best Bid/Ask prices. Traders can buy and sell within the Bid and Ask prices in effect, making them a market maker. COESfx does not run a trading desk, which can be utilized to trade against the End User.

Spreads Typically 1-2 for all pairs

Minimum Account: Regular: $5,000 Mini $250

So I guess Coesfx is also now available in the Metatrader 4 platform. Good news!
Whats the leverage for COESfx mini account? Does the mini account allow mini lots ($1 per pip)?
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  #217 (permalink)  
Old 05-20-2006, 04:18 PM
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Quote:
Originally Posted by holyguy7
OK, I applied for a live account and was told the following:

Regretfully IFX is having trouble with the MT4 connections and IM not sure
when thay will clear this up. Would you mind using one of our other brokers
1: Gold Financial Services Inc www.sgfs.us or 2: COESfx Clearing, Inc
http://www.coesfx.com/

Interesting, I was not aware that Coesfx was available in the Metatrader 4 platform. This must be BRAND NEW. I promptly applied for a live account. I will report back with more information. Here is the email I received:

Thank you for applying for a live trading account on StrategyBuilderFX MT4 trading platform, you have chosen CoesFX Clearing Inc www.coesfx.com as your designated clearing firm.

COESfx is a pure ECN giving buyers and sellers of Foreign Currency access to the best Bid/Ask prices. Traders can buy and sell within the Bid and Ask prices in effect, making them a market maker. COESfx does not run a trading desk, which can be utilized to trade against the End User.

Spreads Typically 1-2 for all pairs

Minimum Account: Regular: $5,000 Mini $250

So I guess Coesfx is also now available in the Metatrader 4 platform. Good news!

Hi ,this is good but i believe that the margin with coesfx is 2 %,
can you confirm please ?
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  #218 (permalink)  
Old 05-20-2006, 05:33 PM
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Quote:
Originally Posted by dirk
Hi ,this is good but i believe that the margin with coesfx is 2 %,
can you confirm please ?
I believe they have leverage of 100:1. That was the last I heard. They just upped it from 50:1.

If anyone has a list of questions, I plan on calling stategybuilder first thing on Monday. I tried to all on Friday but it was too late and they were closed.
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  #219 (permalink)  
Old 05-20-2006, 05:47 PM
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Guys this is the link for coesfx :

http://www.coesfx.com/downloads/coesfx4setup.exe

anyway i don't understand why are involved the people from strategy builder
be carefully !!!
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  #220 (permalink)  
Old 05-20-2006, 09:05 PM
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Quote:
Originally Posted by dirk
Guys this is the link for coesfx :

http://www.coesfx.com/downloads/coesfx4setup.exe

anyway i don't understand why are involved the people from strategy builder
be carefully !!!
Stategybuilderfx is just an IB for Coesfx. There are many IBs. I can become an IB if I wanted to. Just apply and promote the company and get a kickback on the side.

Easy.
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