open discussion with EFX Group president, Mr. Jon Floyd

[eagles]

John,

Can you clarify the relationship between EFX Group & MBTrading?

It seems the MB Trading page doesn't list forex in their list of "What We Trade", but using /fx after the url opens a site with the forex info. It looks very similar to EFX Group.

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Will forex be included in the 'Global One Account'?

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While I see the software developers kit, is there currently an interface developed between MBT & any of the following:

MetaTrader 4.0
Tradestation 8.1
Trade Navigator

If not these, is there an existing interface to any comparable software packages?

If any of these items do not exist, are there any plans for them in the future? Can you provide the current planning dates?

Thanks.

Regards,
Jack

[jon.floyd]

Jack,
EFX is the forex only division of MBT Futures which is our FCM. MB Trading offers all asset classes not just forex. EFX's main differences are multiple trading platforms (Meta4 will be available soon!), one on one customer support(all of our employees are traders), and we specialize in forex only.

Meta is in the works (ETA very soon)
Tradestation (Nothing planned)
Trade Navigator (Nothing Planned)

Give me a call at 877-212-1112 and we can discuss what you are needing.
Thanks,
Jon Floyd

[eagles]

Jon,

Things have been quiet here since we talked back in June or July.

Can you update the status of getting metatrader as a platform, which was 'very soon'?

[michal.kreslik]

eagles, great selection of smilies

I'd appreciate Jon to update on the question of the tick history for the EFX customers.

Michal

[eagles]

Michal,
Yeah, I talked with Jon back then, and it sounded like things were close with metatrader. I figured by now one of these smilies would apply...

[4x=0]

This is exactly what I was looking for. Please update the status.

Can you update the status of getting metatrader as a platform, which was 'very soon'?

[4x=0]

I would like to know, how long it takes for EFX to supply a datafeed to a third-party platform? I currently use Xtick, and I like it. But it receieves an FXCM feed; which does not match the price movements of my Navigator FX board. Being out of sync with your chart is frustrating.

If there is anything I can do to facilitate the joining of EFX and Xtick let me know.

To those who would suggest I switch to the new neo ticker platform, please note that I utillize combo orders such as stop-limit+TTO, which are not possible to execute using neo ticker.

Xtick does not have the ability to automate your trading, but it has clean charts and all the TA tools I need.

[jtrade]

Jon - what is Project Omega, referred to on the home page of the EFX website, please : linking to TS8 ?

J.

[Userisme]

Michael, Avery & all,

I'm not so sure that EFX Group (MBTrading) is any more economical than any other forex broker. I signed up for a demo and noticed that the prices/spreads were much the same as TS and IB. EFX say that demo prices shown and traded are only those used amongst demo account holders. So, to see what the real world indicates I funded an account with them.

With the real money account the prices on Trade Station, as I type are:

EUR/USD 1.3086 compared with EFXG 1.3088/1.3089

USD/CHF 1.2292 compared with EFXG 1.2293/12295

I only have one price up on TS chart so I'm not sure if it's the bid. ask or middle price but in any event given the difference it doesn't matter. I'll monitor it for a few days and report back.

I do hope I'm wrong but at this juncture, unless I'm misinterpreting something, it looks very odd, suspect even.

UIM

[michal.kreslik]

Tradestation only displays the Bid prices. Add at least 3 pips to the Bid price for EUR/USD with Tradestation to get the Ask.

So your example would look more like:
TS: 1.3086 / 1.3089
EFX: 1.3088 / 1.3089

Michal