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Open E Cry

Average Member Rating: 6.9 (from 9 ratings)

Website: http://www.openecry.com/
Markets Traded:
  • Futures

Description

Open E Cry is a direct access futures brokerage firm. Services provided include self-directed on-line trading, broker assistance, automated system executiong, and introducing borker services.


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Recent Reviews:

3 of 3 members found the following review helpful:

Good platform except...
7/10
I've been using the Open E Cry platform for a couple of years now with no problems. It is relatively easy to use, has a good DOM, and many good features. I would generally recommend it, however, recently there was a software glitch where I had a series of market orders rejected for reasons that OEC never was able to identify. I see from some earlier reviews that they had also software issues earlier in the year (which they also apparently could not identify). In summary, OEC is a good, user friendly platform but beware!
mandelbrot   01-11-2008 07:40:06

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3 of 3 members found the following review helpful:

Good work mule!
10/10
I've been with Open E Cry for about 9 months and I rate it as a great platform; the free OEC Trader platform is very good for my single contract e-mini S&P trading (it carries many, many more contracts, http://www.openecry.com/traderstoolbox/contract.cfm). It has a Keltner channel indicator that very few other charts carry that I use in my trading (Todd Mitchell www.tradingconcepts.com).
OVERALL a very solid and dependable broker and trading platform.
Fatherunit   13-05-2008 10:24:12

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0 of 2 members found the following review helpful:

poor
1/10
agree with connectivity issues
iwilliams   16-04-2008 12:32:06

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5 of 5 members found the following review helpful:

Current Problems
10/10
Yes, recently OEC has been experiencing technical problems but I have been trading with them for over 2 years and this is merely a small blip. I would rate their overall reliability at around 99% which is excellent considering I remain connected to their server 24/5.
new_trader   21-03-2008 13:47:18

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4 of 4 members found the following review helpful:

unreliable platform
2/10
OEC provide coverage on a wide range of markets, have a number of ways to enter trades including an excellent DOM and have a good interative chat/support window available. There commissions are reasonable and their is no monthly fee for the use of their platform. A compelling futures offering.

Unfortunately over the past 3-4 weeks (21/3/08) their platform has been totally undermined by ongoing technical connectivity and s/w problems. They seem powerless to resolve the situation.

Anyone considering this broker MUST beaware of the ongoing technical problems with their platform. If they ever resolve these technical issues they may well be worth trying.

In the meantime, if you loose money because of their platform or their data you do not have ANY comeback to them.!!
onetouch   21-03-2008 10:35:08

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