Hi,
I often hear that trading with MB Trading is expensive. I don't understand why so maybe someone can explain it to me. If you trade EUR/USD 10 lots (1 standardlot) you have to pay:
100,000 currency (10 lots) x Deal Rate x $0.00005 =100,000x1,4017x0.00005= $7 or 5 EUR
That's approx 0.7 Pips.
Additional you have to pay the spread. As far as I have monitored the spread on the homepage it moves between 0.2 and 0.9 pips. This means you have to pay 0.9 pips up to 1.6 pips per halfturn. That's a lower spread than most of the bucket shops offer. When I add the low spread to the status of an ECN plus MT4 MB Trading seems to me very attractive.
So am I wrong?
I often hear that trading with MB Trading is expensive. I don't understand why so maybe someone can explain it to me. If you trade EUR/USD 10 lots (1 standardlot) you have to pay:
100,000 currency (10 lots) x Deal Rate x $0.00005 =100,000x1,4017x0.00005= $7 or 5 EUR
That's approx 0.7 Pips.
Additional you have to pay the spread. As far as I have monitored the spread on the homepage it moves between 0.2 and 0.9 pips. This means you have to pay 0.9 pips up to 1.6 pips per halfturn. That's a lower spread than most of the bucket shops offer. When I add the low spread to the status of an ECN plus MT4 MB Trading seems to me very attractive.
So am I wrong?