there are some multiple layers of misinterpretations here.
PS. nobody wants to brag about technical issues
THANK YOU ! We need to seriously de-fuse any
"conspiracy theories" in this discussion.
hyperscalper
It would appear that you think I am making stuff up. I’m sorry you feel that way.
I understand completely what “3DS auth failure” means. I correctly reported my exact experience in my recent attempts to purchase a Vload voucher. I am not re-directed to a page that asks for, and allows, entry of a 3DS pin/password. Instead, I am re-directed to a page that simply states 3DS auth failure. There is no opportunity to enter a pin/password.
Six phone calls to my bank, speaking with the person in charge of debit card transactions, resulted in everything being authorized and approved for the transactions on my banks side, just as it always has been. Nothing has changed on my banks end. My bank called and spoke to shazam Inc and was told the 3DS authentication happens “behind the scenes” on Vloads website and that there is no need for the bank, no me, to enter a password, which is why I am not re-directed to a page that asks for a password.
Prior to the date that the denial began, I’d had no issues with Vload transactions for the prior several months that I’ve used their payment processing. Also during that time, I was never re-directed to a page where a 3DS pin/password was required. The transaction just went through, as tho the authentication was happening in the background, just as my bank says it should. The declined transactions only began happening recently.
Dozens of emails exchanged with Vload support, trying different browsers, as well as an entirely different computer, have not resolved the issues that I have been experiencing.
Not once did I insinuate that Vload should “brag” about a technical issue. A bit of transparency on the part of Vload would’ve been nice though… as the other person here showed in his/her chat transcript where Vload admitted they were having, and working on fixing, some technical issues.
Yep, that’s all I’ve ever done here… spread conspiracy theories. Pffft.
I guess the “3DS auth failure” was caused by Vloads tech issues, not by your part.
glad to know coinexx is coming along well/ hopefully evolve markets will improve their system. but i remain eager to hear about experiences with hugos way, especially alt coin pairs. I do not know about their counterparty risk and liquidity, if its anything close to ECN or if the hugo way alt coin pair and crypto are largely just desk dealer, so it will be hard to know without good feedback from others, I would imagine liquidity would be a problem for crypto on hugos way. At least though with those types of altcoins the potential for significant volatility, and profit is there.
Hey Clint,
Coinexx also supports MT4 (in addition to MT5).
Got it. Thanks.
Ive been using them for about 2.5 years now. been going very well. no issue with funding or withdrawal, the customer service could be a bit faster but most things are done within 1 business day. their managed services are also good if you want to have something in parallel to your self trading.
For anyone who’s interested,
Founded:
Coinexx was founded in February 2017 .
Finpro Trading was founded in 2012.
LMFX was founded in August, 2015.
Trader’sWay was founded in 2010.
Turnkey Forex was founded in 2009 but only dealt with institutional investors until 2016, when they started offering retail broker services.
Source: These are not listed on their websites; I was told over Chat.
Commissions:
Coinexx charges a commission of 2 USD per std lot (any pair), round-turn.
Finpro Trading charges a commission (on their ECN accounts) of 8 USD per std lot (any pair), round-turn.
FX Choice charges a commission (on their Pro accounts) of 7 USD per std lot of USD base currency, round-turn.
LMFX charges a commission (on their Zero accounts) of 8 USD per std lot (any pair), round-turn.
Trader’s Way charges a commission (on their ECN accounts) of 6 USD per std lot of USD base currency, round-turn.
Turnkey Forex charges a commission (on their ECN accounts) of 2 USD per std lot of USD base currency, round-turn.
Source: Coinexx and FXChoice tested on demo; Turnkey asked over phone; the rest asked over Chat.
Also, a correction to Trader’s Way:
It offers ECN and STP accounts only; no dealing-desk.
Source: I asked two different reps over Chat.
COINEXX NARROW SPREADS and Commission
Watching my “nibbler” bot trading, I see
Bid/Ask spreads of zero pips fairly often,
especially after London closes in Forex…
Happy putting most of my eggs in
the Coinexx basket… so far…
[EDIT] and “nibbling” with many 0.03 lots sizes,
we are seeing $2 / $100,000 round trip commissions,
as advertised looking at EUR/USD scalps!
[EDIT2] this is just a Beta testing scenario; we will
be moving individual lots to 10x those sizes soon…
[EDIT3] and we are seeing price improvements on
Pending/Limit order executions as well…
hyperscalper
Just to add to the chorus, I requested a withdrawal from Coinexx Friday morning, it went through late this morning (Monday).
Thank you for providing information on Coinexx. I am looking for a good broker that can service US residents, and Coinexx is currently top on my list, so I am watching your posts closely.
I did notice that, on their website, the cryptocurrency spreads are only showing BTC for the last 24+ hours for some reason. I am also curious about the trading hours for crypto, as it states that trading is only available 5 days/week, which I do not understand.
Thanks!
Just keep in mind that I’m talking only about the 28 major
Forex pairs; not anything else the brokerage may offer…
hyperscalper
Understood. I wish that there was more information available for crypto trading via a broker. I imagine that it will only be a matter of time for that. I have been trading exclusively via crypto exchanges, so I have never used a broker. I would like to make the transition so that I have more flexibility by being able to also trade FX while also having better leverage options for alt coins. I have not been able to fully understand the numbers yet, but the trading fees may be better as well.
Cheers.
TRADERSWAY PERFORMANCE ISSUES
I am running one TradersWay account in a pool of brokers,
and just noticed truly awful performance. Whereas the
Coinexx and FinPro accounts were executing in the range of
500-700 msecs, which I regard as fairly slow; the Tradersway
account was clocking up 2,000 - 20,000 - 60,000 msecs which
is so slow my system logic even has trouble dealing with that,
since copy-Slaves should refrain from copying a Master if the
latency in response to the Master is > 30 seconds or so…
since any price precision is lost…
Anyway… I’m just sayin’ that’s terrible, and I’ve advised that
the account be moved. All of the accounts are MT4.
hyperscalper
[EDIT] just check out this data where [TW] is the TradersWay
account.
[20181105-22:37:00.632(GMT)] OrderOp BUY Exception elapsed msecs: 99
[20181105-22:37:00.819(GMT)] OrderOp BUY Exception elapsed msecs: 298
[20181105-22:37:00.819(GMT)] OrderOp BUY Exception elapsed msecs: 298
[20181105-22:37:00.835(GMT)] OrderOp BUY Exception elapsed msecs: 313
[20181105-22:37:00.835(GMT)] OrderOp BUY Exception elapsed msecs: 302
[20181105-22:37:01.039(GMT)] Buy Market OrderOp elapsed: 516
[20181105-22:37:01.040(GMT)] Buy Market OrderOp elapsed: 518
[20181105-22:37:10.056(GMT)] Buy Market OrderOp elapsed: 9519 [TW]
[20181105-23:47:03.276(GMT)] OrderOp Buy Limit elapsed: 266
[20181106-00:08:53.130(GMT)] OrderOp BUY Exception elapsed msecs: 69
[20181106-00:08:53.158(GMT)] OrderOp BUY Exception elapsed msecs: 97
[20181106-00:08:53.177(GMT)] OrderOp BUY Exception elapsed msecs: 90
[20181106-00:08:53.186(GMT)] OrderOp BUY Exception elapsed msecs: 92
[20181106-00:08:53.346(GMT)] OrderOp BUY Exception elapsed msecs: 285
[20181106-00:08:53.376(GMT)] OrderOp BUY Exception elapsed msecs: 315
[20181106-00:08:53.392(GMT)] OrderOp BUY Exception elapsed msecs: 305
[20181106-00:08:53.392(GMT)] OrderOp BUY Exception elapsed msecs: 298
[20181106-00:08:53.502(GMT)] Buy Market OrderOp elapsed: 407
[20181106-00:08:53.502(GMT)] Buy Market OrderOp elapsed: 408
[20181106-00:08:53.680(GMT)] Buy Market OrderOp elapsed: 587
[20181106-02:26:52.662(GMT)] OrderOp Close Position elapsed: 130
[20181106-02:26:54.192(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx514 msecs: 450
[20181106-02:26:54.209(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx924 msecs: 468
[20181106-02:27:11.095(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 17354
[20181106-04:19:53.081(GMT)] OrderOp Close Position elapsed: 223
[20181106-04:19:54.597(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx514 msecs: 530
[20181106-04:19:54.627(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx924 msecs: 560
[20181106-04:20:08.213(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 14146
[20181106-06:32:28.134(GMT)] OrderOp BUY Exception elapsed msecs: 112
[20181106-06:32:28.150(GMT)] OrderOp BUY Exception elapsed msecs: 131
[20181106-06:32:28.165(GMT)] OrderOp BUY Exception elapsed msecs: 144
[20181106-06:32:28.184(GMT)] OrderOp BUY Exception elapsed msecs: 162
[20181106-06:32:28.385(GMT)] OrderOp BUY Exception elapsed msecs: 363
[20181106-06:32:28.400(GMT)] OrderOp BUY Exception elapsed msecs: 381
[20181106-06:32:28.462(GMT)] OrderOp BUY Exception elapsed msecs: 441
[20181106-06:32:28.478(GMT)] OrderOp BUY Exception elapsed msecs: 456
[20181106-06:32:28.540(GMT)] Buy Market OrderOp elapsed: 517
[20181106-06:32:28.555(GMT)] Buy Market OrderOp elapsed: 535
[20181106-06:33:25.462(GMT)] Buy Market OrderOp elapsed: 57439 [TW]
[20181106-06:43:09.492(GMT)] OrderOp BUY Exception elapsed msecs: 108
[20181106-06:43:09.508(GMT)] OrderOp BUY Exception elapsed msecs: 124
[20181106-06:43:09.524(GMT)] OrderOp BUY Exception elapsed msecs: 141
[20181106-06:43:09.555(GMT)] OrderOp BUY Exception elapsed msecs: 169
[20181106-06:43:09.743(GMT)] OrderOp BUY Exception elapsed msecs: 359
[20181106-06:43:09.758(GMT)] OrderOp BUY Exception elapsed msecs: 374
[20181106-06:43:09.774(GMT)] OrderOp BUY Exception elapsed msecs: 391
[20181106-06:43:09.852(GMT)] OrderOp BUY Exception elapsed msecs: 466
[20181106-06:43:09.899(GMT)] Buy Market OrderOp elapsed: 514
[20181106-06:43:09.930(GMT)] Buy Market OrderOp elapsed: 547
[20181106-06:43:10.275(GMT)] Buy Market OrderOp elapsed: 886
[20181106-12:15:20.425(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx924 msecs: 696
[20181106-12:15:20.426(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx514 msecs: 697
[20181106-12:15:29.971(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx503 msecs: 598
[20181106-12:15:30.001(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx514 msecs: 625
[20181106-12:15:30.002(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx518 msecs: 626
[20181106-12:15:30.002(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx523 msecs: 630
[20181106-12:15:30.109(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx924 msecs: 730
[20181106-12:16:14.778(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 55048
[20181106-12:16:15.261(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 45885
[20181106-12:16:15.265(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 44683
[20181106-12:16:15.281(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 43493
[20181106-12:16:56.774(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx503 msecs: 599
[20181106-12:17:09.985(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx519 msecs: 557
[20181106-12:29:56.077(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx514 msecs: 633
[20181106-12:29:56.093(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx924 msecs: 648
[20181106-12:29:56.260(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 816
[20181106-12:35:11.421(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx514 msecs: 545
[20181106-12:35:11.439(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx924 msecs: 562
[20181106-12:35:33.350(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 22473
[20181106-12:41:15.107(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx514 msecs: 564
[20181106-12:41:15.206(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 663
[20181106-12:41:15.217(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx924 msecs: 674
[20181106-13:04:39.668(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx514 msecs: 532
[20181106-13:04:39.777(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx924 msecs: 641
[20181106-13:04:39.959(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 823
[20181106-13:05:13.335(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 504
[20181106-13:05:13.385(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx924 msecs: 554
[20181106-13:05:13.511(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx514 msecs: 680
[20181106-13:05:16.980(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx514 msecs: 541
[20181106-13:05:17.089(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: xxxx924 msecs: 651
[20181106-13:05:18.712(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: [TW] msecs: 2274
come to think of it swap fees are so high on bitmex that i cant imagine coinexx having higher fees, id be surprised if so.
.075% taker fee for what you have in position, i.e., 20 bitcoin leveraged at 100 so your real amount is only 20% of a bitcoin, but you pay the fee for 20 bitcoin. It basically works out to starting off a position at a 7.5% loss. Needless to say I try to do maker fees on the other exchange i use, but the liquidity is poor and I get front ran badly by mm bots.
im attempting to make an account at hugos way if theyll approve it. it does say not directed at contrary jurisdiction yadda yadda so eh. I figure Ill give coinexx and hugos way an even chance, just feel like the kyc is more likely to get me my money back if and when giancarlo decides to pay them a visit to stop all the fun.
That is indeed bad. What did Trader’s Way say about it?
Was it definitely Trader’s Way, or points in between?
Either way, I am hoping it is just an anomaly. TW has built a good reputation over the years.
If it was their servers, it also is nice to know if they refund any funds lost because of it.
BTW: my foreign language experiment didn’t pan out. foreign broker referred me back to a broker in Luxembourg that doesn’t accept US clients, no matter what language the US client speaks.
I’m not going to the trouble to investigate one of a dozen broker
accounts and follow up. Direct comparison with other brokers
at the same time is enough for me… We run from highly tuned
dedicated servers in Amsterdam; not from some DSL modem in
my basement… LOL 
TW’s MT4 backends I think are either
Amsterdam or London; not sure…
[EDIT] the MT4 instance journal says we are 1.92 milliseconds
from TW’s MT4 servers… So… we’re close enough
hyperscalper