Is mbt really an ECN? if so then why the GBPUSD spread is at 1.9pips most of times??? This is unrealistic.
That means MBT take profit from commission and spread !!!
I check with FXPRO, it is market maker, and calculating between them MBT is more expensive! and mbt commission is 2.95 per side == 5.9 open and close of base currency, not us dollar, so if we trade GBPUSD when it is at 1.5000 then the commission is about USD $9 !!! That i think is too expensive considering the spread is not better than a Market Maker like FXPRO that dont have any slippage on stop loss unlike ECN.
Please correct if wrong
That means MBT take profit from commission and spread !!!
I check with FXPRO, it is market maker, and calculating between them MBT is more expensive! and mbt commission is 2.95 per side == 5.9 open and close of base currency, not us dollar, so if we trade GBPUSD when it is at 1.5000 then the commission is about USD $9 !!! That i think is too expensive considering the spread is not better than a Market Maker like FXPRO that dont have any slippage on stop loss unlike ECN.
Please correct if wrong