Ladder DOM

[dwt1020 10]

Are there any brokers who use an ECN and a ladder dom and also have forex mini accounts?

 

I cant' find any forex brokers who use a Ladder DOM for forex trading.. Does anyone know of any?

 

thanks in advance

 

david

[diablo272 10]

The DOM has nothing to do with your broker, but rather with your platform. There are many, many platforms that use DOMs.

[dwt1020 10]

Thanks for the reponse, but why don't you give some examples of brokers use platforms who use DOM's and use and ECN and have forex mini lots

[diablo272 10]

I don't have any experience with Forex, so I can't help you there.

[enochbenjamin 10]

Looking for ECN with DOM - try MB Trading.

[uexkuell 10]

Forex DOM is - at least - highly questionable.

(IB supplies it also).

 

If you want to go for more valid DOM data look into CME currency futures (6E, 6B, 6A ...) for which DOM is supplied also with reasonable brokers (IB and others).

[dwt1020 10]

thanks for feed back.. I'll check it out..

[Eric Johnson 10]

Hi, Mb trading can be used with Ninja trader. PFG Best can be also, but I do not recommend PFG for technical reasons. Also to run Ninja trader well you have to get the right combo of .net 2.0 framework, plus the upgrade patch. Higher versions of .net can disrupt it. Also don't forget any API file you may need for the brokers selected. Also you may need backfill, and MB doesn't supply this. If you open a basic PFG account, and get great free feeds and backfill, plus futures feeds free. I think it is like $500 to open, but then you can withdraw some.

Ninja is a tricky platform, it does have a reasonable repair option on the add/ remove program area. Paper trade with the DOM for awhile, It does freeze and crash sometimes. Also there is a fee for live trading. It does have amazing preset trailing stops and order presets. You have to work out your key code to offer access to the correct broker option selections, they change upon request from NT.

Of course there is trade station but, well I will not go back to them again.

Anyhow good luck with freeze free trading.

Edited October 25, 2009 by Eric Johnson

[sevensa 10]

Hi, Mb trading can be used with Ninja trader. PFG Best can be also, but I do not recommend PFG for technical reasons. Also to run Ninja trader well you have to get the right combo of .net 2.0 framework, plus the upgrade patch. Higher versions of .net can disrupt it. Also don't forget any API file you may need for the brokers selected. Also you may need backfill, and MB doesn't supply this. Open a basic PFG account, and get great free feeds and backfill, plus futures feeds free. I think it is like $500 to open, but then you can withdraw some.

Ninja is a tricky platform, it does have a reasonable repair option on the add/ remove program area. Paper trade with the DOM for awhile, It does freeze and crash sometimes. Also there is a fee for live trading. It dose have amazing preset trailing stops and order presets.

Anyhow good luck with freeze free trading.

 

What are the technical reasons that you wouldn't recommend PFG?

[Eric Johnson 10]

It works well on the demo, but when we went live we had it twice just put in random orders, reverse positions, unable to exit, and just about sunk an account two times using it. They admit that their own advanced software is a bit shaky, I think the interface with the DOM has issues, this was about 6 months ago.

PFG customer service is not as good as MB for sorting it out, and NT said it had nothing to do with them. MB has been very solid, PFG left us hanging and guessing far too many times for many things.