I discovered LMAX New Zealand. It has ready the whole cocktail I have been waiting Darwinex to offer for so long
As an offshore branch, it escapes the ESMA ruling just like JFD Overseas. No funding stories (card). Most importantly for me, it really is diverse regarding platforms/connections’ choice. I’ll be able to reuse SierraChart
When Darwinex announced that it was recentering his target communication around traders, I got excited. I saw some evolution. Yet, some parts continued to lack attention despite longlasting talks around here.
I regret that Darwinex has this quant/tech/forex/algo culture way too dominant (not alone to admit it after all). Darwinex claims to address sophisticated traders, I’m sure it does well/brilliantly for that part (MetaQuotes does the job, various advanced APIs congrats, Python / R follow-up, etc).
Standing outside of that part, expressing only a couple specific needs / habits that I wouldn’t even call anything advanced but normal, I don’t recognize myself and feel left apart.
LMAX offers MultiCharts, SierraChart, NinjaTrader (through custom bridge), MT5, Quantower, proprietary web & mobile, etc. I am able to recognize this has great value and call it sophisticated.
IC Markets and JFD (don’t care about CTrader) are offering an add-ons package from FX Blue Labs (solution dedicated to brokers only),
that comes to enhance the very minimalistic (lacking some basics) MT4/MT5 experience from factory default. I would likely not recommend 3/4 of the tools other than being a waste to trade, but the rest of it makes sense by correcting some points that MT forgot about / doesn’t deal with properly. (Against 3rd party purchases, it has the merit to exist and be clear). For instance, the “close all” button from a pluri-instrument console, the multi-screens tool, the custom order ticket, are simple worthy additions
I won’t dare to call this package sophisticated, but at least we notice they put an effort to set themselves out of the crowd…
Naked MT monopoly ? Not sophisticated for the discretionnary trader …not showing an attempt to care (vs ICM/JFD’s attitude of “just trying” to acknowledge something could be done)
On that part and that part only of Darwinex, I have been disappointed. Because I spend so many hours in front of the screen, not proxying my actions through an EA but exhausting myself manually active, I hope to feel good, comfortable and about optimized.
Moving on, until Darwinex eventually catches up, not holding any angst or regret, actually feeling quite excited about it even! Wish you the best.