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MB Trading Futures - Introduction

  • #2,221
  • Jul 5, 2008 3:33pm Jul 5, 2008 3:33pm
Quoting panos69
its very strange that today that everyone knows the positive news for euro(interest rates raise) many brokers have platform problems...
took me seven minutes to get a rep on the phone to close my position. luckily i was short eurusd and called to take a profit.
  • #2,222
  • Jul 5, 2008 4:02pm Jul 5, 2008 4:02pm
MB often disconnects FXBoard/Quotes before/during important market news.

They learned from Oanda.
ForexFactory SUCKS.
  • #2,223
  • Jul 6, 2008 8:17am Jul 6, 2008 8:17am
Thats not really fair to say about MB. As far as I know, they do not have a dealing desk so dont care if traders make/lose money during news events or scalping.

I have personally traded news events before, during, and after the release of about 1 year now and I have only had 1 or 2 problems with them.

The biggest complaint is slippage with market orders but that is true with any "real" broker and the nature of market orders.

All in all MB is a good broker but I agree commissions suck.
  • #2,224
  • Jul 6, 2008 12:35pm Jul 6, 2008 12:35pm
Go to http://www.forexpeacearmy.com/public....mbtrading.com .

Carlo , Serbia wrote the best independent review about MBT.
ForexFactory SUCKS.
  • #2,225
  • Jul 7, 2008 12:31pm Jul 7, 2008 12:31pm
Hey Guys,

I'm back from vacation, I hope everyone had a nice week.

I'm going to spend some time going through the boards today and try to play catch up, if I miss anything please let me know.
  • #2,226
  • Jul 7, 2008 12:36pm Jul 7, 2008 12:36pm
Quoting Dahlia
Hi all,

Is anyone using automation for trading with MBT? If so, through what? I understand that MT4 is not used with MBT...

Thanks!
Hi Dahlia,

You might want to look at ABLESYS (www.wintick.com) or NinjaTrader (www.ninjatrader.com).

I think there are a few others....but I know those for sure.
  • #2,227
  • Jul 7, 2008 12:39pm Jul 7, 2008 12:39pm
Everyone here complains about commissions did anyone consiuder this that other ecn (without one but not remember which one) offers 50:1 laverage ?What this mean if you enter a trade with one standart lot and make let say 100 pips this is equal $500.Enter a tarde with MB trading and making 100 pips with 1 standart lot you make $1000.Ok let`s think a bit Mb offer 100:1 and $5 per 100k this mean if you enter a trade let say eur/usd commission is 0.5 pip ok ..... Now let`s think about this you trade with let`s say Hotspot FX which commission is $4 per 100k you enter a trade and you pay 0.4 pip BUT they offer 50:1 this mean that let say again 1lot ...100 pips profit you make $500 but with mb you make $1000 if you want to make as much as with MB you enter with 2 lots and your commissio is $8 ???????????????what`s the conclusion ??? MB is not expensive i talk only for commissions ....
  • #2,228
  • Jul 7, 2008 12:40pm Jul 7, 2008 12:40pm
Quoting Pip Ventures
Someone mentioned your "fee" coming down maybe in the future.

Is this a possibility or just false rumor?

Thanks

Mike

P.S. Also Ive heard mentioned that if one wants to trade higher volume that your rates are lower. Well can you please post the thresholds at which these rates change?

such as Account over 10,000 = 4.00 per 100,000
Account over 20,000 = 3.00 per 100,000
account over 50,000 = 2.00 per 100,000

or trading volume = x = x per 100,000
whatever way you guys do this. Cause I cant find it on the site anywhere.
Hi PIP Ventures,

It's always a possibility we will be able to lower our rates in the future, but at this time we do not have a solidified plan to do so.

However, it is true that traders may receive discounts based on certain monthly volume levels, you may contact me directly at [email protected] for more information.
  • #2,229
  • Jul 7, 2008 12:45pm Jul 7, 2008 12:45pm
jleblang am i right?
  • #2,230
  • Jul 7, 2008 12:50pm Jul 7, 2008 12:50pm
Quoting FrankTheTank
Thats not really fair to say about MB. As far as I know, they do not have a dealing desk so dont care if traders make/lose money during news events or scalping.

I have personally traded news events before, during, and after the release of about 1 year now and I have only had 1 or 2 problems with them.

The biggest complaint is slippage with market orders but that is true with any "real" broker and the nature of market orders.

All in all MB is a good broker but I agree commissions suck.
Thanks Frank....this would be a more accurate description of our stability and reliability.
  • #2,231
  • Jul 7, 2008 12:55pm Jul 7, 2008 12:55pm
Quoting teodosy87
Everyone here complains about commissions did anyone consiuder this that other ecn (without one but not remember which one) offers 50:1 laverage ?What this mean if you enter a trade with one standart lot and make let say 100 pips this is equal $500.Enter a tarde with MB trading and making 100 pips with 1 standart lot you make $1000.Ok let`s think a bit Mb offer 100:1 and $5 per 100k this mean if you enter a trade let say eur/usd commission is 0.5 pip ok ..... Now let`s think about this you trade with let`s say Hotspot FX which commission is $4 per 100k you enter a trade and you pay 0.4 pip BUT they offer 50:1 this mean that let say again 1lot ...100 pips profit you make $500 but with mb you make $1000 if you want to make as much as with MB you enter with 2 lots and your commissio is $8 ???????????????what`s the conclusion ??? MB is not expensive i talk only for commissions ....
Interesting way to look at it...this is very true.
  • #2,232
  • Jul 7, 2008 12:59pm Jul 7, 2008 12:59pm
Quoting jleblang
Interesting way to look at it...this is very true.
yes important is that i`m right!So much people here do not like commissions but they do not see the laverage .....
  • #2,233
  • Jul 7, 2008 1:55pm Jul 7, 2008 1:55pm
New Navigator beta available: https://www.mbtrading.com/releaseNotes.asp

Those who had issues with the Nav crashing when adding orders to the FX Board, this has been fixed.
  • #2,234
  • Jul 7, 2008 2:09pm Jul 7, 2008 2:09pm
@ teodosy87

Hey, Hotspot commision is 6$ roundturn every pair!

If you wanna calc i also can!

Trade with Hotspot € at market order: 1,5700-1,57005 (0,5 pip spread) + commission (0,6pip) makes --> 1,1pip overall spread

With MBT: 1,5700-1,57005 (0,5pip spread) market order very often with 1pip slippage !! + commission (1,5pip) makes --> 3pip overall spread
ForexFactory SUCKS.
  • #2,235
  • Jul 7, 2008 2:34pm Jul 7, 2008 2:34pm
Hi ,


I am from Winnipeg, Manitoba, Canada. Myself, along with a few of my friends would love to open an account with MBT, but unfortunately, we cannot. When can we expect to be able to open one?


Thanks!
  • #2,236
  • Jul 7, 2008 2:35pm Jul 7, 2008 2:35pm
Quoting htbreaker
@ teodosy87

Hey, Hotspot commision is 6$ roundturn every pair!

If you wanna calc i also can!

Trade with Hotspot € at market order: 1,5700-1,57005 (0,5 pip spread) + commission (0,6pip) makes --> 1,1pip overall spread

With MBT: 1,5700-1,57005 (0,5pip spread) market order very often with 1pip slippage !! + commission (1,5pip) makes --> 3pip overall spread
I`m calm
  • #2,237
  • Jul 7, 2008 3:02pm Jul 7, 2008 3:02pm
Quoting htbreaker
@ teodosy87

Hey, Hotspot commision is 6$ roundturn every pair!

If you wanna calc i also can!

Trade with Hotspot € at market order: 1,5700-1,57005 (0,5 pip spread) + commission (0,6pip) makes --> 1,1pip overall spread

With MBT: 1,5700-1,57005 (0,5pip spread) market order very often with 1pip slippage !! + commission (1,5pip) makes --> 3pip overall spread
ok but how did you calculate 1.5 pip commission ?in`t it 0.5 or i`m wrong something ?Just ask
  • #2,238
  • Jul 8, 2008 12:25am Jul 8, 2008 12:25am
Quote:
Originally Posted by teodosy87 http://forexfactory.com/images/buttons/viewpost.gif
Everyone here complains about commissions did anyone consiuder this that other ecn (without one but not remember which one) offers 50:1 laverage ?What this mean if you enter a trade with one standart lot and make let say 100 pips this is equal $500.Enter a tarde with MB trading and making 100 pips with 1 standart lot you make $1000.Ok let`s think a bit Mb offer 100:1 and $5 per 100k this mean if you enter a trade let say eur/usd commission is 0.5 pip ok ..... Now let`s think about this you trade with let`s say Hotspot FX which commission is $4 per 100k you enter a trade and you pay 0.4 pip BUT they offer 50:1 this mean that let say again 1lot ...100 pips profit you make $500 but with mb you make $1000 if you want to make as much as with MB you enter with 2 lots and your commissio is $8 ???????????????what`s the conclusion ??? MB is not expensive i talk only for commissions ....

Interesting way to look at it...this is very true.
__________________
Justin LeBlang
MB Trading Futures



Cough, cough, choke....

Leverage has nothing to do with the value of one pip on a trade of one lot.
  • #2,239
  • Jul 8, 2008 3:32am Jul 8, 2008 3:32am
hi Justin

Hope you are refreshed from Holiday.

Can you comment on the fact that MB went down last Thurs just before ECB rate and was not actioning any orders for at least 45 mins! i can accept a technical failure if that's what it was, although the timing is strange, but the fact you were not answering your phones also makes me think it was
contrived!!!

As this action has long been a ploy with other less respectable brokers, it would be a shame if this is to be the future route of MB Trading.

Your comments would be welcome by many I am sure.

M
  • #2,240
  • Jul 8, 2008 10:40am Jul 8, 2008 10:40am
Quoting htbreaker
Go to http://www.forexpeacearmy.com/public....mbtrading.com .

Carlo , Serbia wrote the best independent review about MBT.
Oh please. I'm not sure one of his points is correct, and I've been using them for over a year.
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