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Kinetick - Unauthorised Charges, anyone else?


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Kinetick - Unauthorised Charges, anyone else?

  #11 (permalink)
 Marty087 
Sydney NSW Australia
 
Experience: Intermediate
Platform: Ninjatrader 7 / MT4
Broker: KINETICK
Trading: EUR/USD, AUS200(SPI)
Posts: 40 since May 2012
Thanks Given: 15
Thanks Received: 100

Thanks BA 21, yes, the bank always asks that you make an attempt first to rectify. This is my next step.


BA 21 View Post
I don't know who they do things in Australia. When a merchant fucks around and makes unauthorized charges. I go through my bank and challenge the charge.


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  #12 (permalink)
 
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 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
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Marty087 View Post
Hey Fat Tails, Are using DTN/IQ directly or through Kinetick? I experienced nothing but problems with the stability of the connection with Kinetick. As you can see in this thread I started on the Ninjatrade forum, Ninjatrader staff themselves don't expect stability in the feed.

"It is not expected behavior for Kinetick to stay connected overnight in the future."




https://forum.ninjatrader.com/forum/ninjatrader-7/platform-technical-support/1172172-kinetick-reconnection-loop-never-reconnects


Hey Marty,

In your first post, you did not mention that you use Kinetick with NinjaTrader 7. NinjaTrader 7 is an outdated program that does not receive any more updates. Possibly, the Kinetick adapter has not been improved for years. Why don't you simply switch to NinjaTrader 8. I switched to NinjaTrader 8 about 5 years ago.

Quite obviously, our experiences are quite different. You are driving an oldtimer which cannot be easily connected to data feeds and broker interfaces.

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  #13 (permalink)
 Marty087 
Sydney NSW Australia
 
Experience: Intermediate
Platform: Ninjatrader 7 / MT4
Broker: KINETICK
Trading: EUR/USD, AUS200(SPI)
Posts: 40 since May 2012
Thanks Given: 15
Thanks Received: 100



Fat Tails View Post
Hey Marty,

In your first post, you did not mention that you use Kinetick with NinjaTrader 7. NinjaTrader 7 is an outdated program that does not receive any more updates. Possibly, the Kinetick adapter has not been improved for years. Why don't you simply switch to NinjaTrader 8. I switched to NinjaTrader 8 about 5 years ago.

Quite obviously, our experiences are quite different. You are driving an oldtimer which cannot be easily connected to data feeds and broker interfaces.

Thanks for your message. As per my previous message, I had the same issues with NT8 also. While we could debate all day that the problem sits on my side, MT4, a program that was launched in 2005 (mt5 released in 2009) remains connected 24/7 to servers. Any drops are quickly met with a reconnection attempt. Same experience across 10's of brokers over the years.

That said, NT7 is still supported and the reliability of the connection issue is not one that should persist, especially when it's known. The engineering load on NT to write a workaround could not be considered extraordinary, especially not for a mission-critical function. The connection drop is recognised in the logs, let's imagine (IF disconnected unexpectedly, THEN reconnect). I think we can hold Ninjatrader to a higher standard for their preferred data supplier.

The original subject of this thread is unauthorised transactions from Kinetick as well as the unhelpful and unwilling attitude of customer service. Customers should stay away from Kinetick on this basis alone even if they are capable of delivering a reliable service to some, which bare minimum.

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Last Updated on February 14, 2023


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