| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Karl A |
 |
| |
|
| When: | 4/16/12 (15:14) | |
|
|
|
|
| | Has anyone traded futures at IB with the new Gen3 interface yet and does it work properly?
Any feedback would be greatly appreciated. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 4/17/12 (23:33) | |
|
|
|
|
| | In response to post by Karl A of 4/16/12 (15:14) Has anyone traded futures at IB with the new Gen3 interface yet and does it work properly?
Any feedback would be greatly appreciated.
Melissa Karty, of BulldogFX, the introducing broker that one must go through to auto-trade futures at Interactive Brokers, has worked very hard with the folks at IB to iron out a kink in the process of linking my IB futures-only account to the BulldogFX account.
Unfortunately, it has not yet worked . . . at least for my account, so I've been unable to auto-trade.
Others may have better news.
We'd love to hear it! |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 4/17/12 (23:45) | |
|
|
|
|
| | In response to post by Josh Wagner of 4/17/12 (23:33) Melissa Karty, of BulldogFX, the introducing broker that one must go through to auto-trade futures at Interactive Brokers, has worked very hard with the folks at IB to iron out a kink in the process of linking my IB futures-only account to the BulldogFX account....
See entire
On a related note, I've been manually trading stocks at IB for a number of months. Since presently one can auto-trade at IB only with accounts that are set up to exclusively trade futures, I made the following mistake:
I created a new, futures-only account by linking it to my current IB account. Although that is much faster than creating a fresh, new IB account, you will not be able to link an account to BulldogFX that is itself a linked account.
You must open up a brand-new, futures-only IB account in order to link it to BulldogFX. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Karl A |
|
| |
|
| When: | 4/18/12 (0:57) | |
|
|
|
|
| | In response to post by Josh Wagner of 4/17/12 (23:45) On a related note, I've been manually trading stocks at IB for a number of months. Since presently one can auto-trade at IB only with accounts that are set up to exclusively trade futures, I made the following mistake:
...
See entire
I learned that the hard way too which caused delays.
After going through the application process for a brand new account with a different email address I made a minor mistake by putting a middle initial on my name which my two existing accounts don't have and now I find out that because of that I cannot transfer funds to the new account. I asked IB to correct this and hope I do not have to go through a brand new application again. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Karl A |
|
| |
|
| When: | 4/23/12 (16:42) | |
|
|
|
|
| | In response to post by Karl A of 4/18/12 (0:57) I learned that the hard way too which caused delays.
After going through the application process for a brand ne...
See entire
After much delay I finally got my new IB account, futures only, approved and activated, however, I cannot link it to BulldogFX Corp at this time.
Has anyone be able to do that? |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 4/23/12 (17:06) | |
|
|
|
|
| | In response to post by Karl A of 4/23/12 (16:42) After much delay I finally got my new IB account, futures only, approved and activated, however, I cannot link it to BulldogFX Corp at this time.
Has anyone be able to do that?
That's precisely the rub, Karl. I, too (and others who have contacted me), am/are still in a holding pattern regarding Gen3 auto-trading at IB.
Please be assured that I'm corresponding almost daily with Melissa Karty, of the introducing broker BulldogFX, and she has assured me time and again that she's doing everything in her power to resolve the problem at IB.
The problem remains at IB. Melissa emailed me today that she would let me know when IB has a resolution date.
The only comforting thought is this: Just think of how much money were NOT losing by NOT trading!! |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 4/24/12 (10:50) | |
|
|
|
|
| | In response to post by Josh Wagner of 4/23/12 (17:06) That's precisely the rub, Karl. I, too (and others who have contacted me), am/are still in a holding pattern regarding Gen3 auto-trading at IB....
See entire
SUCCESS!
It looks like the linking process "took" this time at IB.
Now I'm awaiting IB's approval.
Good luck to all!
--Josh |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Karl A |
|
| |
|
| When: | 4/24/12 (15:11) | |
|
|
|
|
| | In response to post by Josh Wagner of 4/24/12 (10:50) SUCCESS!
It looks like the linking process "took" this time at IB.
Now I'm awaiting IB's approval.
Good luck to all!
--Josh
Now I get a message from BulldogFX basically saying that my newly approved IB account for futures only is no good and was a waste of time and that I have to start a new application based on the invitation they just sent me.
Was it not possible for BulldogFX to find out what the right procedure is in the first place? Very frustrating indeed. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 4/27/12 (15:25) | |
|
|
|
|
| | In response to post by Karl A of 4/24/12 (15:11) Now I get a message from BulldogFX basically saying that my newly approved IB account for futures only is no good and was a waste of time and that I have to start a new application based on the invitation they just sent me....
See entire
I'm happy to report that Interactive Brokers confirmed that my futures-only account is now linked up with BulldogFX and I'm ready to Gen3 Auto-trade futures at IB!
IB performs the linking operation only once a week, apparently, at 3:00 PM (CT? ET?) on Fridays. So that may cause a brief delay depending on which day you initiate the linking process.
Good luck to all!
--Josh |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Richard Orrell |
|
| |
|
| When: | 4/29/12 (10:35) | |
|
|
|
|
| | In response to post by Josh Wagner of 4/27/12 (15:25) I'm happy to report that Interactive Brokers confirmed that my futures-only account is now linked up with BulldogFX and I'm ready to Gen3 Auto-trade futures at IB!
...
See entire
One note of warning: Gen3 at IB is not available to persons with a Canadian address. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 5/14/12 (12:54) | |
|
|
|
|
| | In response to post by Richard Orrell of 4/29/12 (10:35) One note of warning: Gen3 at IB is not available to persons with a Canadian address.
I wanted to report that I began Gen 3 auto-trading of futures at Interactive Brokers last Friday.
In the set-up process I had entered a stop-loss. There was some issue with IB, so I was immediately stopped out with a $25 loss.
Melissa Karty of BulldogFX (the introducing broker) said the issue has been resolved and that one may now employ (or alter) a stop-loss as part of the Gen 3 auto-trading process with IB. Thanks, Melissa!
Has anyone else begun Gen 3 auto-trading with IB? I'd love to hear your experiences. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | lbma trader ( C2 Score: 987 ) |
|
| |
|
| When: | 5/14/12 (18:51) | |
| Systems: | |
|
|
|
|
| | In response to post by Josh Wagner of 5/14/12 (12:54) I wanted to report that I began Gen 3 auto-trading of futures at Interactive Brokers last Friday.
In the set-up process I had entered a stop-loss. There was some issue with IB, so I was immediately stopped out with a $25 loss....
See entire
I began autotrading Gen 3 at IB through BulldogFX midweek last week...so far, no complaints. Everything working fine, futures only in my account. This is contributing to TOS for Golden LightSwitch.
Rob |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Karl A |
|
| |
|
| When: | 5/14/12 (20:26) | |
|
|
|
|
| | In response to post by lbma trader of 5/14/12 (18:51) I began autotrading Gen 3 at IB through BulldogFX midweek last week...so far, no complaints. Everything working fine, futures only in my account. This is contributing to TOS for Golden LightSwitch....
See entire
A little while ago I set up auto trading for a system which had a short EUR position of one contract.. I was shortly afterwards correctly filled but a little while later a second short contract was incorrectly added. A little while after that the second contract was closed out, I guess sync kicked in, resulting in an unnecessary loss of $28.
Not a good beginning. |
|
| | |
|
| |
|
| |
|
|
|
| | In response to post by Karl A of 5/14/12 (20:26) A little while ago I set up auto trading for a system which had a short EUR position of one contract.. I was shortly afterwards correctly filled but a little while later a second short contract was incorrectly added. A little while after that the second contract was closed out, I guess sync kicked in, resulting in an unnecessary loss of $28....
See entire
For some reason IB was taking more than 2 minutes to update its position after a fill tonight, so it reported incorrect position info back to us during that time and Sync naturally tried to open a position it saw as flat.
Eventually IB caught up, reported correct positions to us and Sync readjusted your position.
We submitted a bug report to IB. Meanwhile, we'll extend our 'allowed' delay so we ignore their positions for longer. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Dan Maguire |
|
| |
|
| When: | 5/16/12 (8:08) | |
|
|
|
|
| | In response to post by Francis Gingras of 5/14/12 (22:12) For some reason IB was taking more than 2 minutes to update its position after a fill tonight, so it reported incorrect position info back to us during that time and Sync naturally tried to open a position it saw as flat....
See entire
Would anyone be willing to share their costs of Gen3 futures trading at IB? What commissions and fees do Bulldog and IB charge?
I'm currently using OEC and their fees are quite high at $1.99 per contract on top of $1.29 commission. But at least I have no problem getting my account set up and connected to C2 and there is no introducing broker or third party software to deal with.
I think C2 does a very poor job of documenting how all this works and what it costs with different brokers. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 5/16/12 (10:54) | |
|
|
|
|
| | In response to post by Dan Maguire of 5/16/12 (8:08) Would anyone be willing to share their costs of Gen3 futures trading at IB? What commissions and fees do Bulldog and IB charge?
...
See entire
Hi, Dan.
I've had just one trade (of one futures contract) opened and closed at IB via Gen3 auto-trading. I was charged $4.00 per side ($8 total). I'm assuming this includes IB's fees and BulldogFX's fees.
(I believe that BulldogFX charges $1.99 per contract.)
I know that IB has a lower commission structure for high-volume traders, but that's not me . . . not yet, anyway.
If you're getting reasonable fills and service with OEC, it doesn't sound so bad.
--Josh |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Mark Pey ( C2 Score: 586) |
|
| |
|
| When: | 5/20/12 (18:59) | |
| Systems: | |
|
|
|
|
| | In response to post by Josh Wagner of 5/16/12 (10:54) Hi, Dan.
I've had just one trade (of one futures contract) opened and closed at IB via Gen3 auto-trading. I was charged $4.00 per side ($8 total). I'm assuming this includes IB's fees and BulldogFX's fees....
See entire
I think lots of C2 users would like to Gen3 trade through IB for all asset classes. As I understand this, it's only possible right now for futures and only through an introducing broker (BulldogFX). C2 says IB will not give them the names of introducing brokers who would be willing to set up equities, forex, options etc for Gen3/IB/C2.
If anyone can help with this Catch-22 please send a note, thanks. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | ShashiKant Shukla ( C2 Score: 419) |
|
| |
|
| When: | 5/21/12 (12:39) | |
| Systems: | |
|
|
|
|
| | In response to post by Mark Pey of 5/20/12 (18:59) I think lots of C2 users would like to Gen3 trade through IB for all asset classes. As I understand this, it's only possible right now for futures and only through an introducing broker (BulldogFX). C2 says IB will not give them the names of introducing brokers who would be willing to set up equities, forex, options etc for Gen3/IB/C2....
See entire
I would like to know, whether IB be charging Inactivity fees, as it does on other accounts |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 5/21/12 (12:55) | |
|
|
|
|
| | In response to post by ShashiKant Shukla of 5/21/12 (12:39) I would like to know, whether IB be charging Inactivity fees, as it does on other accounts
With both accounts I've set up at IB -- my initial account and the new Gen3 Auto-trading futures-only account -- I was charged a $10 per month inactivity fee. That charge ceased as soon as I began trading. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | ShashiKant Shukla ( C2 Score: 419) |
|
| |
|
| When: | 5/21/12 (13:09) | |
| Systems: | |
|
|
|
|
| | In response to post by Josh Wagner of 5/21/12 (12:55) With both accounts I've set up at IB -- my initial account and the new Gen3 Auto-trading futures-only account -- I was c...
See entire
Hi Josh,
Thanks for your quick update, appriciate it,
ok so the way I understand, Inactivty rule still applies, and if trade fall into their inactivity conditions, inactivity charges still do apply,
because in my case the auto trading I do, rarely would be able to surpass the inactivity condition, and hence it will be an extra burden of $10 per month |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Chris OConnor |
|
| | User is online | | |
|
| When: | 5/21/12 (21:59) | |
|
|
|
|
| | In response to post by ShashiKant Shukla of 5/21/12 (13:09) Hi Josh,
Thanks for your quick update, appriciate it,
ok so the way I understand, Inactivty rule still applies, and if trade fall into their inactivity conditions, inactivity charges still do apply,
...
See entire
Hi guys,
I've been trying to figure out how to configure my account at IB for Gen3. This post is the best information I've found on the C2 website, but I'm still a little unclear on the best procedure to do this. I currently have an IB account where I can trade stocks. If I understand correctly, I need to (in the following order):
1) Open up a brand new IB account that is not linked to my existing one - i.e. I can't use the Account Management feature to create a new account, but rather have to start from scratch as if I was a new client
2) Once the account is setup contact admin@bulldogfx.com and let them know I have a non-linked Futures account at IB and would like to setup Gen3 for C2. Do I need to apply and create another new account with them too?
3) Once I have both setup, I need to login into my IB account and link my IB futures account to my BulldogFX account.
4) After all this, I can go into C2 and configure AutoTrade for my selected system(s), setting it up to my BulldogFX account.
Is this right? Any other tips to efficiently configure IB for Gen3?
Looking at this now (particuarly if I have to apply for another new account at BulldogFX in addition to one at IB), I'm wondering if it would just be easier to open a new account at MB, OpenECry or one of the other Gen3 brokers?
Thanks much for any input.
Chris |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Dan Maguire |
|
| |
|
| When: | 5/22/12 (7:39) | |
|
|
|
|
| | In response to post by Chris OConnor of 5/21/12 (21:59) Hi guys,
I've been trying to figure out how to configure my account at IB for Gen3. This post is the best information I've found on the C2 website, but I'm still a little unclear on the best procedure to do this. I currently have an IB account where I can trade stocks. If I understand correctly, I need to (in the following order):
...
See entire
IB makes you jump through too many hoops to do business with them. I don't want to setup yet another segregated account to use them for auto-trading. For regular trading, it is probably worth it because of their low commissions. But for C2, they are no cheaper than OEC and OEC is much simpler to setup. No extra software, no introducing broker etc. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Melissa Karty ( C2 Score: 521) |
|
| |
|
| When: | 5/22/12 (13:31) | |
| Systems: | |
|
|
|
|
| | In response to post by Chris OConnor of 5/21/12 (21:59) Hi guys,
I've been trying to figure out how to configure my account at IB for Gen3. This post is the best information I've found on the C2 website, but I'm still a little unclear on the best procedure to do this. I currently have an IB account where I can trade stocks. If I understand correctly, I need to (in the following order):
...
See entire
Dear Chris,
Yes, IB requires several things of the accounts being enabled for AutoTrading, but the process has been fine tuned a bit since the release of Gen3. Making sure that an existing IB account is a stand alone account AND is approved for only futures permissions and capabilities are the two main things required for Gen3 AutoTrading. After that, its just linking to BulldogFX or simply opening a new account.
Depending on what you're looking for, other brokers may provide a better platform that meets your trading needs. Select a broker you feel comfortable with. That is the important thing. Although we are fortunate to periodically bring on new C2 compatible brokers, the most important benefit to remember is that this gives C2 users a larger broker selection.
- Melissa |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Janice Schopfer |
|
| |
|
| When: | 5/22/12 (19:22) | |
|
|
|
|
| | In response to post by Melissa Karty of 5/22/12 (13:31) Dear Chris,
Yes, IB requires several things of the accounts being enabled for AutoTrading, but the process has been fine tuned a bit since the release of Gen3. Making sure that an existing IB account is a stand alone account AND is approved for only futures permissions and capabilities are the two main things required for Gen3 AutoTrading. After that, its just linking to BulldogFX or simply opening a new account....
See entire
Hi Melissa, can you provide any insight as to why IB requires an introducing broker as opposed to directly with IB; and why IB customers can only trade futures? They are not making it very easy to remain a customer of theirs. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Chris OConnor |
|
| | User is online | | |
|
| When: | 5/22/12 (22:48) | |
|
|
|
|
| | In response to post by Janice Schopfer of 5/22/12 (19:22) Hi Melissa, can you provide any insight as to why IB requires an introducing broker as opposed to directly with IB; and ...
See entire
Hi Guys,
Thanks for the information. Judging from this, it sounds like it may be best to open a new account with another Gen3 broker and just keep IB for manual trading.
Along those lines, I'm looking at either MB or Open ECry. Initially I plan to start AutoTrading Futures systems, then probably Forex. From what I can find online, I can't seem to find anything that significantly leans me more toward one or the other.
Does anyone who has previously debated between the two have an opinion or suggestion, particularly with things such as quality of execution, ease of opening an account, customer service, broker problems, or anything else they found significant (that often goes unpublished).
Many thanks,
Chris |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Dan Maguire |
|
| |
|
| When: | 5/23/12 (7:12) | |
|
|
|
|
| | In response to post by Chris OConnor of 5/22/12 (22:48) Hi Guys,
Thanks for the information. Judging from this, it sounds like it may be best to open a new account with another Gen3 broker and just keep IB for manual trading....
See entire
Chris,
I tried both OEC and MB for autotrading futures (not forex) at C2. I'm not crazy about either platform (much prefer IB's software), but OEC was my final choice. One reason is that they have the broadest coverage of futures markets and contracts - even exceeding IB's. Second, they don't charge any market data fees - whether you trade or not. Third, although their software is not the best, it is much more modern than MB's, IMO. Their support is pretty OK, too.
Hope this helps.
Dan |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Melissa Karty ( C2 Score: 521) |
|
| |
|
| When: | 5/23/12 (18:26) | |
| Systems: | |
|
|
|
|
| | In response to post by Janice Schopfer of 5/22/12 (19:22) Hi Melissa, can you provide any insight as to why IB requires an introducing broker as opposed to directly with IB; and ...
See entire
Dear Janice,
It just depends on the clearing broker themselves. Some brokers, like MBTrading, accept AutoTraders directly from C2, while other brokers, like FXCM, require that the AutoTrader goes through an Introducing Broker.
BulldogFX is currently the only Introducing Broker at IB offering Gen3 technology and cannot support stock and options for regulatory reasons.
- Melissa |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Chris OConnor |
|
| | User is online | | |
|
| When: | 5/24/12 (0:08) | |
|
|
|
|
| | In response to post by Dan Maguire of 5/23/12 (7:12) Chris,
I tried both OEC and MB for autotrading futures (not forex) at C2. I'm not crazy about either platform ...
See entire
Thanks, Dan. I really appreciate your sharing that info.
Chris |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | INTJ Capital LLC ( C2 Score: 971) |
|
| |
|
| When: | 5/25/12 (15:41) | |
| Systems: | |
|
|
|
|
| | In response to post by Melissa Karty of 5/23/12 (18:26) Dear Janice,
It just depends on the clearing broker themselves. Some brokers, like MBTrading, accept AutoTraders directly from C2, while other brokers, like FXCM, require that the AutoTrader goes through an Introducing Broker....
See entire
Melissa,
Is that to say that C2 is not working on IB for Gen3 to trade stocks? If not, is C2 working on providing other brokers to trade stocks? It just seems strange that there are now only three Gen3 compatible brokers for stocks, which are the most basic instrument to trade. I understand from previous posts that OptionsXpress is permanently gone, and that TD Ameritrade refuses to work with C2. That said, there are still many brokers available with an API (e.g. E-Trade, Tradeking, OptionsHouse, JunoTrade, Lightspeed, etc.) that should be explored. I speak both as a client who wishes more options in trading systems here on C2, and also as a system developer who wishes to have the broadest possible client base to which to market. If Cool-Trade.com has these sorts of relationships, and Cool-Trade also has a partnership with C2, it seems like a slam dunk.
Jeff |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Mark Pey ( C2 Score: 586) |
|
| |
|
| When: | 5/25/12 (17:03) | |
| Systems: | |
|
|
|
|
| | In response to post by INTJ Capital LLC of 5/25/12 (15:41) Melissa,
Is that to say that C2 is not working on IB for Gen3 to trade stocks? If not, is C2 working on provid...
See entire
Completely agree, C2 doesn't seem to realize how difficult it is for their customers to consume their product. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | User Removed ( C2 Score: 971) |
|
| |
|
| When: | 8/23/12 (6:14) | |
| Systems: | |
|
|
|
|
| | In response to post by Mark Pey of 5/25/12 (17:03) Completely agree, C2 doesn't seem to realize how difficult it is for their customers to consume their product.
This is all so very disappointing.
Melissa - You say, "After that, its just linking to BulldogFX or simply
opening a new account". You are attempting to make it sound simple, which it clearly is not.
By "new account" are you referring to IB or to BulldogFX. Said another way, to Autotrade futures via IB will I need to open an account with BulldogFX or not? And after that do I need to open yet another account at either FXCM or Gain? And if the answer is yes do I have to fund any of these extra accounts?
Can you confirm the following summary:
To Autotrade futures via Interactive Brokers a user must open all of the following accounts:
1. Collective2
2. Interactive Brokers
3. BulldogFX
4. FXCM or Gain
And finally which account number should be entered into the Autotrade setup box. It is unclear if it is the account number for 2,3 or 4 above.
I can also state that I just tried to open an account with BulldogFX and it led me to this page where it is clear that neither the Gain nor FXCM accounts can trade futures.
http://bulldogfx.autotradenow.com/cgi-perl/white_label/account_urls.mpl
Please do answer every one of my questions in turn. |
|
| | |
|
| |
|
| |
|
|
|
| | In response to post by User Removed of 8/23/12 (6:14) This is all so very disappointing.
Melissa - You say, "After that, its just linking to BulldogFX or simply
...
See entire
Cameron:
Melissa's post was from several months ago -- when we just starting to work with Interactive Brokers (IB) and their very strict, process-oriented way of turning on accounts. I think we're all a little more knowledgable about the process nowadays (though it doesn't make the process any less annoying).
Basically, IB requires that - if you AutoTrade using C2 - you use an "introducing broker" registered with the NFA. BulldogFX serves that function.
There are really only two scenarios:
1) A brand new customer wants to open a brand new account to AutoTrade C2 futures systems at IB. In this scenario, Melissa can point you to the right IB forms to fill out to open the account. You'll designate Bulldog as your introducing broker. This part is relatively straightforward (for IB, anyway).
2) You already have an IB account, and you want to start AutoTrading C2 futures systems. Here things get a little trickier. If your account is enabled only for futures, then all that needs to happen, I believe, is that Melissa will need to help you "attach" Bulldog as your IB. That is not a very common situation, though, as most people have IB accounts that allow trading of multiple instrument classes. I believe, in this case, Melissa will need to help you open a distinct sub-account (or linked account) that is futures-only. Then you can link Bulldog to it and start trading.
To trade at Interactive Brokers, you do not need to deal with FXCM or Gain. You just need to make Bulldog your "introducing broker." This is a somewhat mysterious process, but one that I believe Melissa can help you with, now that we've been working with IB for a couple months.
Overall, my candid assessment is that IB is a very very difficult firm to work with. They make everyone (account holders, partner companies, etc.) jump through hoops in order to work with them. We added IB compatibility because our customers asked us to, and we like pleasing our customers, but sometimes I wish they could try just a little harder to please theirs.
Anyway, I think the main message here is the following. If you want to AutoTrade C2 futures systems at IB using our Gen3 technology, you definitely can do so. I would recommend that the very first step is to contact Melissa (melissa at bulldogfx dot com) and let her guide you through the process. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 8/23/12 (9:16) | |
|
|
|
|
| | In response to post by Matthew Klein of 8/23/12 (9:02) Cameron:
Melissa's post was from several months ago -- when we just starting to work with Interactive Brokers (IB) and their very strict, process-oriented way of turning on accounts. I think we're all a little more knowledgable about the process nowadays (though it doesn't make the process any less annoying)....
See entire
Matthew,
Thanks for your thoughtful reply.
I've been auto-trading futures via Bulldog and IB for a number of months. After the initial administrative starts and stops, the trading generally goes smoothly.
Unless the process has changed, however, a linked account or sub-account will NOT work. It has to be a totally new account, not linked to -- and totally separate from -- any existing IB account one may have.
Ultimately, of course, Melissa's the go-to gal. I'm sure the sign-up process has smoothed out over the months.
--Josh |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 8/23/12 (9:21) | |
|
|
|
|
| | In response to post by Josh Wagner of 8/23/12 (9:16) Matthew,
Thanks for your thoughtful reply.
I've been auto-trading futures via Bulldog and IB for a number of months. After the initial administrative starts and stops, the trading generally goes smoothly....
See entire
Adding another thought:
I so appreciate that one can sign on to C2 effortlessly. Thanks for that, Matthew, et al.
With IB, signing on to one's account -- whether to see actual and pending trades via Trader Workstation or just to see account information -- is a super pain in the butt, involving little code cards and entering a bunch of unique number-letter combinations each time you sign on.
I'm guessing it not only increases security (good), but depresses the number of sign-ons to IB (bad).
--Josh |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | User Removed ( C2 Score: 971) |
|
| |
|
| When: | 8/24/12 (1:32) | |
| Systems: | |
|
|
|
|
| | In response to post by Josh Wagner of 8/23/12 (9:21) Adding another thought:
I so appreciate that one can sign on to C2 effortlessly. Thanks for that, Matthew, et al.
With IB, signing on to one's account -- whether to see actual and pending trades via Trader Workstation or just to see account information -- is a super pain in the butt, involving little code cards and entering a bunch of unique number-letter combinations each time you sign on....
See entire
Thanks everyone for your contributions to this thread and I'm going to ask Melissa to respond to my questions on here so that everyone can benefit rather than just me benefiting by private message.
Melissa,
Matthew has stated that "To trade at Interactive Brokers, you do not need to deal with FXCM or Gain. You just need to make Bulldog your introducing broker."
That would be great if it were true, but doesn't appear to be the case when I go through the motions.
I go to http://bulldogfx.com where I click on "Open Live Account" which takes me to the following page:
http://www.bulldogfx.com/cgi-bin/cgiwrap/bulldog/open_live_account.pl
On this page there is no mention of Interactive Brokers and instead users are required to open an account with either FXCM or Gain.
Please fix your website and clean up the process as soon as possible.
Discontinued, please see new system |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Melissa Karty ( C2 Score: 521) |
|
| |
|
| When: | 8/26/12 (10:25) | |
| Systems: | |
|
|
|
|
| | In response to post by User Removed of 8/24/12 (1:32) Thanks everyone for your contributions to this thread and I'm going to ask Melissa to respond to my questions on here so that everyone can benefit rather than just me benefiting by private message....
See entire
Dear Cameron,
I understand your frustration, but like Matthew said, we've really fine tuned the process. If you are interested in opening an IB account for Gen3 futures AutoTrading, you can find the link here: http://bulldogfx.autotradenow.com/cgi-perl/white_label/account_urls.mpl
As you will see the very first type of brokerage account available is Interactive Brokers. Further down the list you begin to your other choices like GAIN and FXCM.
The URL you mentioned in your first post is actually an invalid link found on the basic http://BulldogFX.com. The basic site is intended for more informational purposes rather then function. Thank you for bringing that to our attention. It will be fixed. BulldogFX clients and traders interested in AutoTrading with BulldogFX should always go to: http://bulldogfx.autotradenow.com.
I would like to add thing to Matthew's previous post....A key factor to having a IB account for Gen3 AutoTrading is that it needs to be a stand alone account as well. Sub accounts or accounts that are already linked to another account will not be accepted.
I invite you to visit the links I provided above and then we can go from there. Let me know if you have any questions.
Best Regards,
Melissa |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Karl A |
|
| |
|
| When: | 8/26/12 (18:31) | |
|
|
|
|
| | In response to post by Melissa Karty of 8/26/12 (10:25) Dear Cameron,
I understand your frustration, but like Matthew said, we've really fine tuned the process. If you are interested in opening an IB account for Gen3 futures AutoTrading, you can find the link here: http://bulldogfx.autotradenow.com/cgi-perl/white_label/account_urls.mpl
...
See entire
Hi Melissa,
Maybe something needs to be clarified when opening an IB account and the TWS in order to avoid possible confusion.
You stated: ....A key factor to having a IB account for Gen3 AutoTrading is that it needs to be a stand alone account as well.
"stand alone" refers to the separate IB account and not to the stand alone version of the TWS. I remember that when I opened the Gen3 IB account you and Francis advised me to use the web version of the TWS and not the stand alone TWS version in order to avoid problems.
Can you please confirm that this is still correct?
Thanks,
Karl |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | David Aronow ( C2 Score: 998) |
|
| |
|
| When: | 8/26/12 (22:00) | |
| Systems: | |
|
|
|
|
| | In response to post by Karl A of 8/26/12 (18:31) Hi Melissa,
Maybe something needs to be clarified when opening an IB account and the TWS in order to avoid possible confusion....
See entire
I will add it was pretty quick when I set up IB Gen3. Took a couple of days and there were no real problems. I was able to also transfer funds from my existing account to the new account (since they had matching account owners).
Regards,
Dave |
|
| | |
|
| |
|
| |
|
|
|
| | In response to post by Karl A of 8/26/12 (18:31) Hi Melissa,
Maybe something needs to be clarified when opening an IB account and the TWS in order to avoid possible confusion....
See entire
You do not need TWS web anymore. IB had a bug in TWS stand-alone which they fixed months ago. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Karl A |
|
| |
|
| When: | 8/27/12 (2:55) | |
|
|
|
|
| | In response to post by Francis Gingras of 8/27/12 (2:13) You do not need TWS web anymore. IB had a bug in TWS stand-alone which they fixed months ago.
It would have been nice if someone had made an announcement to that effect, for example, by posting it on the forum. |
|
| | |
|
| |
|
| |
|
|
|
| | In response to post by Karl A of 8/27/12 (2:55) It would have been nice if someone had made an announcement to that effect, for example, by posting it on the forum.
You can use TWS web or TWS stand-alone to monitor trading, it does not matter to us.
Only 2 users were affected, you were one of them, and you were both informed the day IB fixed it. That as a long time ago. How would anyone else benefit from an announcement? |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | James Austin |
|
| |
|
| When: | 8/27/12 (10:11) | |
|
|
|
|
| | In response to post by Josh Wagner of 8/23/12 (9:21) Adding another thought:
I so appreciate that one can sign on to C2 effortlessly. Thanks for that, Matthew, et al.
With IB, signing on to one's account -- whether to see actual and pending trades via Trader Workstation or just to see account information -- is a super pain in the butt, involving little code cards and entering a bunch of unique number-letter combinations each time you sign on....
See entire
Hi Josh
Re: code card
You can ask IB to remove the code access for the TWS so you can go straight in, but keep it on for account management area.
I have done this for my manual trading account. (I don't have a gen 3 account, so I can't be sure about that.)
James |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 8/27/12 (10:58) | |
|
|
|
|
| | In response to post by James Austin of 8/27/12 (10:11) Hi Josh
Re: code card
You can ask IB to remove the code access for the TWS so you can go straight in, but keep it on for account management area....
See entire
Thanks, James.
You're correct, but I believe IB then claims no liability on their part if security is breached and one has opted out of the code-card log-on process.
Besides, I rarely launch TWS; I most frequently (perhaps 2x per week) access the account management area.
Thanks again.
--Josh |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Pat Lind ( C2 Score: 107) |
|
| |
|
| When: | 8/27/12 (22:57) | |
| Systems: | |
|
|
|
|
| | In response to post by Josh Wagner of 8/27/12 (10:58) Thanks, James.
You're correct, but I believe IB then claims no liability on their part if security is breached and one has opted out of the code-card log-on process....
See entire
I for one hope that IB continues its policy of tight security.
Yes, it can be a pain for vendors who would like easier access and cooperation, but as an account holder I dread the thought of hackers gaining entry to IB systems via third parties. |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | User Removed ( C2 Score: 971) |
|
| |
|
| When: | 9/18/12 (2:05) | |
| Systems: | |
|
|
|
|
| | In response to post by Pat Lind of 8/27/12 (22:57) I for one hope that IB continues its policy of tight security.
Yes, it can be a pain for vendors who would like...
See entire
I am currently setting up another Interactive Brokers account via the BulldogFX link that Melissa posted above. It is basically the same Interactive Brokers account application but with BulldogFX branding on it. However, can someone explain exactly where during this process I can click on "Futures Only". Everybody says it is crucial to do that but I don't see that option anywhere. What I do see is a few pages where you can specify what you want to trade. Is that what everyone's talking about? Must I only check the Futures box and nothing else. Or is there another page somewhere that makes it clear that it is to be a special "futures only account". BulldogFX continues to frustrate me with their unclear instructions. I would not be surprised at all if I am later told I did it wrong and have to do it all over again for a third time.
Melissa, if you are out there, or if someone else has been through this process before please offer me some advise.
Thanks,
Discontinued, please see new system |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Melissa Karty ( C2 Score: 521) |
|
| |
|
| When: | 9/18/12 (15:06) | |
| Systems: | |
|
|
|
|
| | In response to post by User Removed of 9/18/12 (2:05) I am currently setting up another Interactive Brokers account via the BulldogFX link that Melissa posted above. It is ba...
See entire
Dear Cameron,
It is true that a trader must have a futures only account at IB. This is the only way it is eligible for Autotrading. It is important to know that permissions and capabilities for other trading instruments cannot be removed from existing IB accounts, so unless you already have a futures only account, you will be requested to open a new account.
The URL that can be found on the BulldogFX Autotrading website is the easiest way to open a new account at IB. The URL was provided by IB to ensure that your account is linked to BulldogFX from the very beginning. If you choose to open an account at IB directly, you will need to go through the steps of linking the account to BulldogFX after your account has been opened.
You must indicate only futures in the appropriate section of the application. Only check off the box for futures. Do not check off the boxes for stock, options, or any other type of trading instrument.
Further questions can be posted here or sent directly to admin at bulldogfx dot com.
- Melissa |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | User Removed ( C2 Score: 971) |
|
| |
|
| When: | 9/19/12 (0:43) | |
| Systems: | |
|
|
|
|
| | In response to post by Melissa Karty of 9/18/12 (15:06) Dear Cameron,
It is true that a trader must have a futures only account at IB. This is the only way it is eligible for Autotrading. It is important to know that permissions and capabilities for other trading instruments cannot be removed from existing IB accounts, so unless you already have a futures only account, you will be requested to open a new account....
See entire
Thank you Melissa. Can you please explain what you mean by
"admin at bulldogfx dot com"
Do you mean admin@bulldogfx.com
According to Google that email address doesn't work. Why the confusion? Am I spelling it wrong? Please see error message below.
Delivery to the following recipient failed permanently:
admin@bulldogfx.com
Technical details of permanent failure:
Google tried to deliver your message, but it was rejected by the recipient domain. We recommend contacting the other email provider for further information about the cause of this error. The error that the other server returned was: 550 550 #5.1.0 Address rejected. (state 13). |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Josh Wagner |
|
| |
|
| When: | 9/19/12 (10:00) | |
|
|
|
|
| | In response to post by User Removed of 9/19/12 (0:43) Thank you Melissa. Can you please explain what you mean by
"admin at bulldogfx dot com"
Do you mean admin@bulldogfx.com
...
See entire
Cameron,
If I understand it correctly, Melissa did this to avoid her email address being swept up by myriad spam generators -- the ones that troll the Internet gathering email addresses. I hope everything gets solved for you. Auto-trading at IB has been working reasonably well for me for several months now.
--Josh |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Henry Jin |
|
| |
|
| When: | 9/19/12 (13:39) | |
|
|
|
|
| | In response to post by User Removed of 9/19/12 (0:43) Thank you Melissa. Can you please explain what you mean by
"admin at bulldogfx dot com"
Do you mean admin@bulldogfx.com
...
See entire
I tried several time to send email to the ADMIN and SUPPORT of bulldoxfx yesterday but failed. Is there anything wrong with these two email address? |
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Jack Gross ( C2 Score: 998) |
|
| |
|
| When: | 9/19/12 (13:48) | |
| Systems: | |
|
|
|
|
| | In response to post by Henry Jin of 9/19/12 (13:39) I tried several time to send email to the ADMIN and SUPPORT of bulldoxfx yesterday but failed. Is there anything wrong with these two email address?
|
| | |
|
| |
|
| |
| Subject: | Futures trading with Gen3 at IB |
| Posted by: | Melissa Karty ( C2 Score: 521) |
|
| |
|
| When: | 9/19/12 (14:05) | |
| Systems: | |
|
|
|
|
| | In response to post by Jack Gross of 9/19/12 (13:48) How about trying their "Contact Us" page?
http://bulldogfx.autotradenow.com/cgi-perl/white_label/contact.mpl
Dear Traders,
I apologize for the issues you may have had with trying to contact me at BulldogFX over the past day or two. We moved our email to a new server which caused a temporary disruption. Everything should be back to normal in a few hours.
admin@bulldogfx.com is the correct email address.
Like Jack mentioned, you can always use the Contact Us page located on the BulldogFX Autotrading website to reach me as well as sending a directly email.
I will be reaching out to those of you asking specific questions in just a little bit.
Thank you for your patience!
- Melissa |
|
| | |
|
| |
|
|
