MB Trading Futures - Introduction

Quoting nd1377

Disliked

Hello,
Thank you for answering my questions. I have looked at your company and MB Trading and I am becoming more interested in both of your companies, but haven't made up my mind on who to go with.

I need to know more about the charting package that you will offer.

1. Will it be anything like Metatrader?

2. Will it allow multiple time frames open at once?

3. Will it come with a language to program my own experts?

4. Do you have any screenshots of it?

5. With regards to FX Trek, will you offer it for free?

Thank you very much. I appreciate it.

Ignored

Quoting jleblang

Disliked

Hello stricko108 ~

There is a spread as well as the approx $5.00 commission for each 100k lot. The spreads are variable though, and at times can be as low as 1/10th of pip or what we call "choice" when there is actually no spread.

This can only happen with an STP ECN broker. (For definition of STP and ECN please see http://efxgroup.com/about-STP-ECN-definitions.html)

Here is how it works quoted right from the preferred brokers section on Forex Factory.

"EFX offers direct access STP and ECN trading. Our powerful execution system incorporates multiple bank feeds that display liquidity directly on the system. STP (Straight Through Processing) technology allows our customers to place orders that match off electronically with these banks at increments as low as 1/10th of a pip, without interacting with a “middle man” whose job is to try to make money trading between customers. In addition, our ECN technology allows clients the ability to cross orders anonymously. Customer orders will execute against one another, eliminating the need to only fill orders against bank quotes. The technology facilitates “best execution” for investors/traders and generates price competition.”

Thank you,

Ignored

Quoting Mr Trend

Disliked

Justin,

When are you guys going to start offering deposit/withdrawal via Paypal?...

Ignored

Quoting Mr Trend

Disliked

Justin,

When are you guys going to start offering deposit/withdrawal via Paypal? Or is that even a consideration?

Ignored

Quoting Sma

Disliked

Hi Justin,

What kind of spreads do you typically have during news releases?

Sma

Ignored

Quoting 4rex

Disliked

Hello Justin,

I am in approval process for a live account with EFX and looking forward to trading live in the near future. In the meantime I have downloaded your demo FXPRO and plan to use it instead of my MBTrading demo. One observation on the help doc for FXPro... actually two.

1. It should be right click/preference instead of right click/properties forex order entry area. This can be confusing to new users.

2. The bottom of my FXPro seems to be cut off at the bottom. Is this my computer or a bug? How can I fix this?

PS. I changed my screen resolution from 800x600 to 1024x768 that didn't help

Thank you for all of your help

Ignored

Quoting ProdiG

Disliked

By any chance do you have any deals with charting providers for discounted feed? or do you have a rebate program such as other brokers where u trade a certain amount a month and you get a certain amount credited to your account for the software?

Ignored

Quoting jleblang

Disliked

Hello Sma ~ <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

I feel very confident in saying that during news times our spreads "typically" remain very tight. <o></o>

Please remember that we provide our clients with Access to the Worlds Largest Banks. It isn’t enough to be an STP (Straight Through Processing) platform. The ability of our clients to get executed depends on the amount of liquidity in our system. Unlike other STP platforms that provide one or two bank feeds to their customers, EFX utilizes tight liquidity spreads from over a dozen of the largest banks in the world. <o></o>

What does this mean for you? More size available at any price. Tighter quotes. Minimal impact if one bank’s feed goes down. <o></o>

I would please advise any one interested in trading news visit our FAQ's for "What is your policy on news trading". <o></o>

http://efxgroup.com/faq.html#policy-on-news-trading<o></o>

<o></o>

Thank you,<o></o>

Ignored

Quoting Sma

Disliked

Hi Justin,

Thanks for your prompt reply, when you say that "typically" your spreads remain tight, can you provide some data, as in on average how much can the spread become on a typical news release +10 +20 ? (no nfp stuff).

I like the fast that u offer stop/limit orders, is there an option to specify a max deviation? as in the stop/limit +5 for example?

Thanks,

Sma

Ignored

Quoting ART_1_

Disliked

hi Justin,

is the demo exactly how the live platform? i mean execution speed, etc... i think yes, but please correct if i am wrong. i really like the execution speed and the one click order.

please can you tell how to modify the stoploss?
thats the way how i did (but maybe there is a shorter way):

1. i have to delete my actuall TTO open order

2. click on the FX Board with the right mouse-> then templates->then TTO-> create a new TTO order.

is there a shorter way to do it?

and my last question, can we trade gold (spot) with EFX?

thank you

Ignored

Quoting ART_1_

Disliked

thanks for your reply. it really helped me!

thx

Ignored

Quoting jleblang

Disliked

{not sure if this is going to go through or be allowed...}

Hello Everyone,

This is Justin LeBlang from EFX Group. As many of you might have noticed we have recently become a preferred broker with Forex Factory.

I am not here to promote EFX Group, but rather invite anyone who has questions to ask them. We look forward to hearing from you soon.

Sincerely,

Ignored