Going offshore to escape the CFTC

Well, as I’ve said, I don’t think this “raw ping distance” to the servers
as reported by the MT4 Journal on connection, is that important.
For me, taking one of my pool instances at random, the Journal
says I am 17.57 ms away, and my Dedicated Xeon Server is located
in Amsterdam.

I’ve posted my execution times, measured by multi-threaded software
many times (some of you throw up in your mouths when I do that ! )
and they are in the couple of hundreds of milliseconds for Market Orders…
So, as I say, it’s better to look at “round trip” execution times for
your Market Orders and measure it precisely… to know what it’s
really gonna be like…

It is possible for brokers to configure to bypass an MT4 aggregation
phase and give much better performance, but I haven’t bothered
to even ask Coinexx since I am happy with the performance
I am getting.

[EDIT] The Devil is in the details; and I’m talking here about
MetaTrader FOUR connections, not MetaTrader FIVE… which
is a different animal… [EDIT2] And I’m not talking about anything
but the “core” 28 Currency Pairs in FOREX as well… Anything
else is of no interest to me…

You can’t do arbitrage, or HFT with a Retail Forex connection,
just sayin’… :smile: Here’s a screenshot of the Processes
sorted by memory usage; as you can see I’m running a lot
of MT4 terminal instances under NJ4X Terminal Manager…

hyperscalper

It’s just like… if you’re paying good money for a VPS, you expect to have a strong ping. I consider a strong ping <2ms when your VPS is located IN the same area as the destination server. sad face

This ^^ search box has to be a scam. You type in any broker’s name and they come back 1ms or less.

Just an update.

My situation is now resolved. I don’t know what happened or how, I don’t even know where my VPS is currently located lol. The IP says UK but I told the tech crew to move me back to AMS. Regardless, I am connecting to Coinexx, Turnkey, and FxBrew and pinging around 1-2ms. FxChoice about 6ms. Very happy now. Low ping bastards rule! (used to be a gamer back in the day…)

Just checked the specs with LMFX to be sure and they have stops set as high as 40 on some pairs. Freeze is also set at 1 (whatever that means but it sounds bad).

Coinexx, Turnkey, FxBrew, and FXChoice are all clean.

I guess I’m back down to 4 brokers.

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Hello, Is anyone still using Trader’s way? What are your toughts on the broker now? IS it worth opening an acc with it?

A VPS is a “virtualized” computer. Although computers are “fast”,
in these really cheap virtualized environments, you may not be allocated
CPU in “real time” as you may expect !!!

If you have a latency-sensitive application, get a dedicated machine
even if it is not a Xeon type processor; even a Core Duo or whatever
the older Intel technologies used to be, are often faster than VPS
in real time latency.

With a dedicated server you will have a guarantee of having
system resources when you need them. Cost savings on a VPS
for really critical operations is a false economy.

I was getting thread starvation on what I thought was a very
powerful VPS until it finally clicked that the marginal additional
cost for a dedicated server was the only way to go for my work !!
The VPS guys ridiculed me when I said threads were not being
allocated execution; so I had to leave the provider.

In this case, I was absolutely right to do it… So… Pay the extra
money for a dedicated server, if you are expecting fast/consistent
performance… Just sayin’

hyperscalper

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i still use them, rock solid broker

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COINEXX PERFORMANCE

I run a BOT with multiple integrated Copy-Slaves which is
capable of managing 28 * a handful of Positions; and
replicating those same positions across EACH of the
Copy-Slave brokerage instances… anyway.

I will be discussing with Coinexx how these elapsed times
might be brought down at least to under 500 msecs or so,
because I think this measured data (msecs) is a bit
too slow for my preference.

Most of these are Coinexx, but one or two are TurnkeyForex
most likely the faster ones :slight_smile:

[EDIT] I guess I should say that each of the brokerages
is accessed by 3 individual dedicated MT4 terminal instances,
so things happen “in parallel” most of the time.

[EDIT2] In this configuration there is ONE Master account
which uses Limit Orders; and whenever there is a fill on the
limit order; then all Copy-Slaves are immediately directed to
execute a Market Order (scaled up or down in size) to
replicate the Master… This configuration had 8 Copy-Slave
brokerages.

[EDIT3] Note that it only prints the line upon completion of
the operation, and you can see how the timings have a tendency
to be in groups of 8 (Copy-Slave brokerages) which essentially
are able to execute in parallel within milliseconds at least on the
start of the operations, even though start time is not shown.
Yeah, the faster ones report back first… (the TurnkeyForex brokerage)

hyperscalper

Dedicated servers are comparable in price to VPS now. I have two 8 core Xeons in different data centers, each at about $30/ month. Used to us VPS years ago. It was fine until other users on the box started hogging CPU. Then, provider started to try to squeeze too many users onto.the box. I agree that dedicated server is the way to go. Control as many variables as you can!

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That’s cheap. I’ll bet you don’t pay Windows licensing and may use
Linux instead?? Would like to know the details. For me, although technically
MT4 can run on Linux using WINE, it’s too many unknowns and support
issues to try and do it.

So I pay nearly $90/month for each Windows 2008 Server Xeon with
4 cores (2 threads/core) and 16gb memory.

I should mention for those who are considering this; that whereas VPS
might get you some support from your provider, with a dedicated server, it’s usually
"self-serve" and they won’t help at all, at least if you’re trying to get it cheap.

[EDIT] BUYER BEWARE, you get what you pay for… so don’t try to scrimp
too much or you’ll regret it. I’ve been using HostRound for Amsterdam
dedicated and it’s rock solid.

hyperscalper

No kidding that’s cheap. Cheaper than what I pay for the VPS. Maybe shop the gamers market instead of the server providers advertising to traders?

I’m opening an account with Trader’s Way now. Thanks for the reminder. I had forgotten about them. Anybody want to update my list on current solid brokers (by solid I mean the best we have as citizens of the Nanny State… :expressionless:)

Coinexx (2.00 RT)
Turnkey (2.00 RT)
FXBrew (2.00 RT)
Trader’sWay (6.00 RT)
FXChoice (6.00 RT - after depositing 10.1K, otherwise 7.00 RT)

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FXVM is one of the best (and I researched a ton). I’m payin’ mid 40’s (10% off coupon) for 2 cores, 4 GB ram, 60 GB SSD, Windows 2012. Supposed to handle 4-6 MT4 terminals.

For comparison, a dedicated box through them is $274… 4 core, 16/32 GB, etc. (Good for 32 terminals).

Here’s my virtual machine running with 5 instances open.

image

Like I said, HostRound will get you a dedicated baremetal Xeon 4 cores (x2 threads)
with 16gb RAM and Windows for under $100. But it’s strictly “self serve”; they just
keep the lights on, so to speak !

For me, I need the RAM and the CPU power, but many can use VPS systems
if you only need a few MT4 terminals of course, and it’s not mission critical…

hyperscalper

Just to let you guys know. If you are going to use Gemini to purchase Gemini Dollars they aren’t available in every State in the USA. I am in Nevada and they are not available for me. They do not have that listed on the website. So contact them about you’re state before you sign up if your intention is to use them for that purpose.

my funded broker list

FX CHOICE

Tradersway

coinexx

3 Likes

i have accounts with fxchoice and tradesway. Does coinexx actually verify accounts? It’s been almost a week and I haven’t heard anything beck from them.

FXchoice doesn’t accept US wires which takes them off my list.

Yes, I run Debian GNU Linux. I support it myself.
You can look at the source code and even edit it.
There is no problem you cannot solve on your own.

Windows is closed source, buggy, and bloated. I have found nothing easy when supporting a Windows box.
It also tries to make decisions for the user.
I am a control freak.
I don’t use Windows for anything.
At this point in history, I would say Linux is the better OS.
I would run Debian Linux even if it cost more to do so (bonus that it doesn’t).

8 core L5420 16GB RAM non-mirrored disk $30/month
8 core E3-1245 V2 32GB RAM 3-way mirror $35/month

WINE Stable from the WineHQ repos works with MT4 and MT5 flawlessly.
I have never had an issue.

Ubuntu is an ancient African word meaning, “can’t configure Debian”. :smiley:
Non-Engineers sometimes say it is more intuitive.

Keep in mind that I am an old Unix Systems Engineer from last century.
Not everyone sees the world as I do.
Do what works for you.
Cheers!

Gaming server is not needed. A general purpose dedicated server is all you need. Hyperscalper makes a good point about service. I require only hardware support and handle all the software myself. More support may be of value depending upon an individual’s skillset.