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MB Trading Futures - Introduction

  • #3,561
  • Jun 8, 2009 2:03am Jun 8, 2009 2:03am
I just saw something adventerous....

I'm in a coupla trades and I saw a message pop up "failed to cancel order"....and then looked and one of my stops disappeared(it was gone)....

quite interesting....I replaced it in time....

hmmmm....

I stepped away from the computer and upon returning saw this message....
  • #3,562
  • Jun 8, 2009 5:39am Jun 8, 2009 5:39am
Quick question, nvr touch MT4 before, can MT4 trade from charts ?

Thanks in advance....
  • #3,563
  • Jun 8, 2009 8:04am Jun 8, 2009 8:04am
hi,jleblang

I want ask you how could I make my first deposit? is it other way to make the transfer except with wire transfer?

I am not familiar with mbt platform entry order is it some instruction for make a order with mbt platform?

thanks

  • #3,564
  • Jun 9, 2009 10:42am Jun 9, 2009 10:42am
Quoting Confluence
hi,jleblang

I want ask you how could I make my first deposit? is it other way to make the transfer except with wire transfer?

I am not familiar with mbt platform entry order is it some instruction for make a order with mbt platform?

thanks

Confluence,

Deposits can be made only after you have submitted an application for a new account and it has been approved. You have the choice of sending funds via check or wire, but wire certainly is the most efficient form of deposit.

We host daily webinars on the MBT Navigator that will walk through the platform; you can view the schedule here MBT University

Please let me know if you have any other questions.
  • #3,565
  • Jun 9, 2009 10:45am Jun 9, 2009 10:45am
Quoting aiyahmarklah
Quick question, nvr touch MT4 before, can MT4 trade from charts ?

Thanks in advance....
Aiyah,

Trading from the charts is available with MetaTrader. You can learn more here: MT4 with ECN
  • #3,566
  • Jun 9, 2009 10:49am Jun 9, 2009 10:49am
Just a reminder for everyone:

Today, probably around 12 pm EST, the online application for MetaTrader will be open once again for new applications and should remain open for about 48 hours.

There are a couple of things that you need to know if you are going to fill out the application while it is open.

 

  1. You will have to sign a Beta Testing Agreement before you will be allowed to fund your account and trade.
  2. You will need to fund this account within 5 business days of account approval or we will be closing the account until we are out of Beta.

Those that are Beta testing for us will receive a rate of $3 per $100,000 while in Beta testing. Also, you will be able to just continue to use that account once the Beta has ended. Please note that Nav accounts and Meta accounts are not compatible at this time, so if you presently have a Nav account, you are going to have to open a separate account for MetaTrader. You can move money between Nav and Meta accounts same day with one form.

Finally, if you plan to run EAs in this account, please be sure that you have read about the differences between deal desk MetaTrader and ECN MetaTrader here:

http://www.mbtrading.com/metaTrader4Differences.aspx

And our FAQ here:

http://www.mbtrading.com/metaTrader4FAQ.aspx

And also, we highly recommend that you test your revised EAs in our Demo environment first.

To open a live account, visit MT4 Application and select "Open an Individual Account".

  • #3,567
  • Jun 9, 2009 2:49pm Jun 9, 2009 2:49pm
Jleblang

in your MT4 FAQ point 11 states:

What will be the minimum trade size I can place?
0.1 lot or 1000 currency units.

When opening account even option 10 000 units is not available.
Minimum 100 000$ one full lot?
  • #3,568
  • Jun 9, 2009 4:34pm Jun 9, 2009 4:34pm
1 lot = 10,000 / 0.10 = 1,000

Quoting sebastiaos
Jleblang

in your MT4 FAQ point 11 states:

What will be the minimum trade size I can place?
0.1 lot or 1000 currency units.

When opening account even option 10 000 units is not available.
Minimum 100 000$ one full lot?
  • #3,569
  • Edited 11:37pm Jun 9, 2009 10:54pm | Edited 11:37pm
Sign up site for MT4 beta live clearly states 100 000 units and option 10 000 units is avaible only for navigator.
  • #3,570
  • Jun 10, 2009 12:26am Jun 10, 2009 12:26am
Quoting sebastiaos
Sign up site for MT4 beta live clearly states 100 000 units and option 10 000 units is avaible only for navigator.
Wrong. All MB Trading accounts are set up so 1 = 10,000.
  • #3,571
  • Jun 10, 2009 12:34am Jun 10, 2009 12:34am
So go on MBT MT4 sign up website and check before you post something.
  • #3,572
  • Jun 10, 2009 1:33am Jun 10, 2009 1:33am
Quoting sebastiaos
So go on MBT MT4 sign up website and check before you post something.
Don't need to, I already have 2 accounts with them (Nav and Meta). Thanks.
  • #3,573
  • Jun 10, 2009 6:00am Jun 10, 2009 6:00am
If you already have account or not is irrelevant to my earlier posted question.
I want to sign up right now, and when i choose MT4 platform the only available unit size in sign up form is 100.000 .
  • #3,574
  • Jun 10, 2009 10:57am Jun 10, 2009 10:57am
Quoting sebastiaos
If you already have account or not is irrelevant to my earlier posted question.
I want to sign up right now, and when i choose MT4 platform the only available unit size in sign up form is 100.000 .
Sebastiaos,

All of our accounts are 1 = 10,000. The app for Metatrader is only open briefly and the field you are looking at will be corrected when we open the product out of Beta. Just as a note, the app will be closing again shortly.
  • #3,575
  • Jun 10, 2009 1:13pm Jun 10, 2009 1:13pm
Hi all,

Just wanted to let everyone know that effective in the next day or so, in the DEMO environment for Navigator, midnight maintenance has been moved. It will no longer be at midnight EST but will match off with settlement/rollover at 5 pm EST. We expect that in 2-3 weeks, the same will be true for LIVE Nav accounts. In other words, the dreaded midnight shutdown is about to go away forever.

It already does not exist for MetaTrader DEMO and LIVE accounts.

Have a nice day.
  • #3,576
  • Jun 10, 2009 2:07pm Jun 10, 2009 2:07pm
Thanks for clarification Justin.
  • #3,577
  • Jun 10, 2009 2:36pm Jun 10, 2009 2:36pm
Quoting sebastiaos
Thanks for clarification Justin.
You're welcome.
  • #3,578
  • Jun 10, 2009 2:49pm Jun 10, 2009 2:49pm
jb, what about the 5pm delay, when will this go away
  • #3,579
  • Jun 10, 2009 3:24pm Jun 10, 2009 3:24pm
Quoting MoeFx
jb, what about the 5pm delay, when will this go away
MoeFX,

5 pm EST rollover will never go away. Let me explain.

All banks that communicate electronically for forex trading shut down for about 5 minutes at 5 pm EST. It is considered forex “end of day” and all trades are settled. There has to be a pause in trading for that to occur. The only way around this is to use a deal desk broker (i.e. if your broker doesn’t halt trading for a few minutes at 5 pm EST, they are a desk no matter what they say). Then, all of the banks reconnect.

The midnight maintenance shutdown was based on our Navigator system back when we were stocks and futures and options only. It occurred at midnight since no trading was going on, but it continued after we added forex years ago. At this time, everything is backed up and cleared out for the new day. We have now shifted this for forex to 5 pm EST so both settlement and maintenance occur in the same window because the rollover gap will never go away. So the system will go down to capture end of day, and as Nav comes back up, the ECN will be reconnecting to all of the banks.

Hope that helps.
  • #3,580
  • Jun 10, 2009 3:43pm Jun 10, 2009 3:43pm
Quoting jleblang
Hi all,

Just wanted to let everyone know that effective in the next day or so, in the DEMO environment for Navigator, midnight maintenance has been moved. It will no longer be at midnight EST but will match off with settlement/rollover at 5 pm EST. We expect that in 2-3 weeks, the same will be true for LIVE Nav accounts. In other words, the dreaded midnight shutdown is about to go away forever.

It already does not exist for MetaTrader DEMO and LIVE accounts.

Have a nice day.
The midnight maintenance drop off will be nice. Thanks for the update.
Just digging in the trenches like everyone else!
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