Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
This doesn't say anything; there's always a new platform coming out. Previously, TradingView was new, in the next months IQBroker comes out, and in a year from now something else will be new.
I think you should write for the Daily Mail's gossip section since you sure have a knack for it.
Everything that you say here is based on assumptions. Sure, IB wouldn't cut off business, but we don't know whether MultiCharts (.NET) for TWS was profitable business for them. I don't think so, because this version never really took off and so the monthly fees ($39 for live trading) for MultiCharts (and presumably IB also) might not have been enough to continue this venture.
What I do know is that MultiCharts Support told me that both MultiCharts for TWS and MultiCharts .NET for TWS will be discontinued due to the contract with IB expiring. You make it look like this is related to other things, but if you do the math you'll see that the announcement of the end of MultiCharts (.NET) for TWS is around a year after its launch. So they probably did a 1 year contract initially.
Furthermore, MultiCharts now has a contract with another party for a free platform (the MultiCharts .NET Special Edition; as Matt can confirm).
So for all we know it might have been MultiCharts who did not renew their contract with IB since they now have another free platform. Furthermore, even if IB choose not to renew the contract, that still doesn't mean much since that's pretty common in business.
So don't make it look that much bigger than it really is.
You put together a well crafted answer, and yes the $39, did not work out. that is all.
I confirm your statements as well.
I rather deal with facts as they happen, and when they happen it's never the way you anticipated it anyway.
As per JansenTrader, only one phrase comes to mind:
"In small towns, news travels at the speed of boredom"
We enjoy working with MC nowadays, and I am happy for their renewed success, they sure put a lot of effort into their product.
Matt
Optimus Futures
There is a risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Then please motivate your post. It would be interesting to hear which of those defendants are MultiCharts LLC employees, since that's what you're implying.
The company itself and its management are not listed in there, nor are people from the support staff.
Whatever that pdf is meant to say, geographically the math doesn't work: MultiCharts' development offices are located in Rostov-on-Don (listed on their website, so no secret here), and the people listed in that complaint live in Moscow, Russia or Ukraine. That's a daily commute of 1.074 km (or 667 mile; one-way) in case of Moscow or 854 km (531 mile; one-way) for Kiev. That's probably too much for even the most dedicated employee.
So I'm really looking forward to the motivation, but I do get the impression that he got the first SEC complaint with Russian names to somehow make his point (isn't that discriminatory? It is here in Europe).
Again, common sense would suggest that some people are trying to make this thread into something bigger than it actually is.