Quote from southbeach4me:
I used to have a real acct with OEC for a lil over 2 yrs. Almost took huge losses w/ my acct when their servers went down 3 times. Data and orders were frozen for over an 1 hr each time . I dont care how much they lower their commisions to. Im not biting. Been with Mirus clearing thru Dorman for over 2 yrs now trading my pers acct and a number of managed accts, $3.00 RT. Excellent broker.
My guess is OEC had been losing a steady stream of customers bcuz of their server problems that always seem to creep up when they say it should be "all fixed now".
when someone advertises such low rates like OEC is ....theres always a catch. But the newbs will surely bite on their deal....thats for sure [/QUOTE
Mirus is an IB can understand if you want to change but come on. Also this CFTC issue scares me. http://www.nfa.futures.org/basicnet/Details.aspx?entityid=0339976&rn=Y
Becareful.
Quote from OpenECry:
Quote from southbeach4me:
I used to have a real acct with OEC for a lil over 2 yrs. Almost took huge losses w/ my acct when their servers went down 3 times. Data and orders were frozen for over an 1 hr each time . I dont care how much they lower their commisions to. Im not biting. Been with Mirus clearing thru Dorman for over 2 yrs now trading my pers acct and a number of managed accts, $3.00 RT. Excellent broker.
My guess is OEC had been losing a steady stream of customers bcuz of their server problems that always seem to creep up when they say it should be "all fixed now".
when someone advertises such low rates like OEC is ....theres always a catch. But the newbs will surely bite on their deal....thats for sure [/QUOTE
Mirus is an IB can understand if you want to change but come on. Also this CFTC issue scares me. http://www.nfa.futures.org/basicnet/Details.aspx?entityid=0339976&rn=Y
Becareful.
OEC i have a question , which of my orders with OEC will be kept in OEC servers ?
Orders that are accepted by an exchange are sent directly to the exchange. For advanced orders that an exchange does not accept, like trailing stops, OCOs, MOO, etc., OEC holds these on their servers after and they are released to the exchange at the appropriate time. An example would be an exchange that does not accept stop-limits. OEC would hold the stop-limit on its servers and release to the exchange at the limit price once the stop was triggered. Only advanced multi-brackets are held client side. Holding orders server side is a major advantage of OEC over other software.Quote from larrybf:
PLEASE, someone from openecry.......clarify where our open orders are kept......WHICH SERVERS???????
Quote from OEC:
Orders that are accepted by an exchange are sent directly to the exchange. For advanced orders that an exchange does not accept, like trailing stops, OCOs, MOO, etc., OEC holds these on their servers after and they are released to the exchange at the appropriate time. An example would be an exchange that does not accept stop-limits. OEC would hold the stop-limit on its servers and release to the exchange at the limit price once the stop was triggered. Only advanced multi-brackets are held client side. Holding orders server side is a major advantage of OEC over other software.
Quote from TerminatorXit:
I would just call OEC and have them walk you through the demo. I trade live so I don't have the demo. Live is fine.