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MB Trading Futures - Introduction

  • #3,661
  • Jun 25, 2009 8:18pm Jun 25, 2009 8:18pm
This broker may just be any other bucket shop. Becareful traders.
  • #3,662
  • Jun 25, 2009 10:43pm Jun 25, 2009 10:43pm
Quoting steve930
Funny, I've been trading the last few days and have had the same, great execution with no problems at all.

MT4? demo or live?
  • #3,663
  • Jun 25, 2009 10:59pm Jun 25, 2009 10:59pm
Quoting sebastiaos
Smart trader,
you have to connect to internet first, before you press buy/sell button
That is just awesome.
  • #3,664
  • Jun 25, 2009 10:59pm Jun 25, 2009 10:59pm
Quoting smart_trader
This broker may just be any other bucket shop. Becareful traders.
Smart_trader,

Thanks for the posts, your first three on these boards. Maybe take a moment to read the first 3660 on this thread that already disprove what you are saying. Beyond that, please contact me in email with your specific account issues (if they exist) and I will personally look into the matter and together we can post on these boards and discuss any problems.
  • #3,665
  • Jun 26, 2009 2:32am Jun 26, 2009 2:32am
Quoting jleblang
Oakmonster,

As we have covered many times on these boards, the statement is not accurate. There is no intermarket size requirement to get ECN fills. Only the desks want you to believe this. All of our orders are handled the same.
Liquidity providers do not allow for less than 1.00 standard lots (100,000) in any trade. Unless of course, volume less than that is just matched in house?
  • #3,666
  • Jun 26, 2009 3:02am Jun 26, 2009 3:02am
Quote
skfx,

You can try two things;

1. From the FX Board drag the symbol you would like to view over to the chart area. This should pull up data.

2. In the left hand corner of the chart there should be a place for you to type in the symbol you would like to view.

Let me know if that helps please.

Thanks for the reply Justin its appreciated.
I did originally try method 2 before seeking help but had no glory there.

I just tried method #1 and still no chart data.
At the top of the chart window it says:
Chart-EUR/JPY-No Data(MBT Account bla bla bla)

Its seems nothing is being recognised.
Further direction is appreciated.

Cheers
sk
  • #3,667
  • Jun 26, 2009 4:47am Jun 26, 2009 4:47am
Quoting ForexSV
MT4? demo or live?
Live.
  • #3,668
  • Jun 26, 2009 4:48am Jun 26, 2009 4:48am
Quoting smart_trader
This broker may just be any other bucket shop. Becareful traders.


The words "steaming load" come to mind.
  • #3,669
  • Jun 26, 2009 5:46am Jun 26, 2009 5:46am
Hi Justin,

Just a quick question:
Do i have to activate my MBT Navigator software?
I only ask such a question because on MBT's website its makes a note on the login page about activating MBT Navigator software.
When i log into my account though,i don't see anything that allows me to activate the software.
Just throwing this out there.


Cheers
sk
  • #3,670
  • Jun 26, 2009 11:09am Jun 26, 2009 11:09am
Quoting oakmonster
Liquidity providers do not allow for less than 1.00 standard lots (100,000) in any trade. Unless of course, volume less than that is just matched in house?
Oakmonster,

As we have covered many times on this thread, this statement simply is not correct. It was true five years ago, but then again, most banks didn’t have electronic FX feeds between systems back then either. In the case of our ECN, we get any trade size handled by the banks in our system. Based on the amount of volume that we push to them, we negotiated to get this. Whomever is telling you that “liquidity providers” do not allow size under a full lot is misinformed. In fact, it is such a generic statement, it’s not possible that it be true. A liquidity provider to us could be another firm, another client, a bank, etc. To say that none of them will trade a mini is just false. There was a time in the past where only certain banks in our system would trade minis, but now, any of our major providers do. The idea that an electronic marketplace would somehow get stuck on one minimum size is silly. If there is volume and business, everyone wants it.
  • #3,671
  • Jun 26, 2009 11:14am Jun 26, 2009 11:14am
Quoting skfx
Thanks for the reply Justin its appreciated.
I did originally try method 2 before seeking help but had no glory there.

I just tried method #1 and still no chart data.
At the top of the chart window it says:
Chart-EUR/JPY-No Data(MBT Account bla bla bla)

Its seems nothing is being recognised.
Further direction is appreciated.

Cheers
sk
Lets back up a step.

Is this live or demo?

What steps are you taking to open the Chart window? ....Navigate.....Chart?

Does the chart you see look like the attached? (Minus the data)
Attached Image
  • #3,672
  • Jun 26, 2009 1:57pm Jun 26, 2009 1:57pm
Hey Justin,

I applied for a MT4 Beta testing slot on the Jun 9th window. I sent the money a week later and now I learn that my account is only for navigator. I selected Meta Trader on the application. I was wondering if you could help. I also had a question as to how I get a live license for Ninja Trader to use with MB trading.

Thanks
  • #3,673
  • Jun 27, 2009 3:15am Jun 27, 2009 3:15am
Justin,

I have answered your questions and they are in bold below.
Hope this helps.

Cheers

Quote
Lets back up a step.
Sounds good.
Is this live or demo?
Live
What steps are you taking to open the Chart window? ....Navigate.....Chart?
Navigator-->Chart(beta)=Chart Window minus data
Does the chart you see look like the attached? (Minus the data)
Correct.The price display selection is greyed out though(where you select say candle stick,bar etc.I think though its because there is no data).Just as a side point there isn't any NAS or DJI prices being displayed either(not sure if there is supposed to be or not).That is DJI near the 3 green connection lights.

Sorry for the trouble Justin,but i appreciate your time.
  • #3,674
  • Jun 28, 2009 6:54am Jun 28, 2009 6:54am
to justin,

the rule fifo is going 2 b implemented soon. i had wanted 2 open a acct with mbtrading. after your mt4 is ready n i had worked out some kinks with my system. but seems like this rule had just thrown a spanner in the works. because sometimes i open multiple positions of the same currency pair.

would mbtrading consider setting a branch overseas like fxcm?? hard 2 find a broker with a good reputation such as mb around. thanks
  • #3,675
  • Jun 29, 2009 11:01am Jun 29, 2009 11:01am
Quoting Traderpilot
Hey Justin,

I applied for a MT4 Beta testing slot on the Jun 9th window. I sent the money a week later and now I learn that my account is only for navigator. I selected Meta Trader on the application. I was wondering if you could help. I also had a question as to how I get a live license for Ninja Trader to use with MB trading.

Thanks
Traderpilot,

Please email [email protected] and CC [email protected]. Reference your FF post.

Regards,
  • #3,676
  • Jun 29, 2009 11:02am Jun 29, 2009 11:02am
Quoting skfx
Justin,

I have answered your questions and they are in bold below.
Hope this helps.

Cheers


Correct.The price display selection is greyed out though(where you select say candle stick,bar etc.I think though its because there is no data).Just as a side point there isn't any NAS or DJI prices being displayed either(not sure if there is supposed to be or not).That is DJI near the 3 green connection lights.

Sorry for the trouble Justin,but i appreciate your time.
Have you tried redownloading the software?

http://mbtrading.com/MBTnavigatorDownload.aspx
  • #3,677
  • Jun 29, 2009 11:57am Jun 29, 2009 11:57am
Quoting winningfx
to justin,

the rule fifo is going 2 b implemented soon. i had wanted 2 open a acct with mbtrading. after your mt4 is ready n i had worked out some kinks with my system. but seems like this rule had just thrown a spanner in the works. because sometimes i open multiple positions of the same currency pair.

would mbtrading consider setting a branch overseas like fxcm?? hard 2 find a broker with a good reputation such as mb around. thanks
Winningfx,

We are already taking steps both with MT4 and Nav to make sure we comply with the new rules. I'll have more information at a later date.
  • #3,678
  • Jun 29, 2009 6:45pm Jun 29, 2009 6:45pm
Justin,

Do you know why the displayed number of liquidity providers changes so often from day to day? Some days upwards of 8-10 separate LPs are shown quoting, then at other times (like right now) only 2 are displayed. ex:

http://i41.tinypic.com/2qltz05.png


Are there more LPs active in TDFX than are being shown?

The number of LPs actively quoting on other ECNs usually remains constant (aside from Sunday openings and 5pm rollovers). Other than those times, you don't see the number of displayed LPs changing. Whereas at MBT, I'm seeing a different number of LPs quoting nearly every day lately. Why is this?
  • #3,679
  • Jun 29, 2009 6:49pm Jun 29, 2009 6:49pm
Quote
Have you tried redownloading the software?

I just finished trying that but no glory Justin.
I just remembered back to sign up and i am sure i selected MT4 as the preferred platform due to the fact that when i tried out MB years ago there were not charts inside MBT Nav,so i went with the MT4 option.Had i known that MBT Nav had charts then i would not have worried about MT4.
I am not sure if this is the reason why i am not getting any chart data inside MBT Nav.
Just throwing this out there as a possible cause.

Cheers
Steve
  • #3,680
  • Jun 30, 2009 12:56am Jun 30, 2009 12:56am
Quoting skfx
I just finished trying that but no glory Justin.
I just remembered back to sign up and i am sure i selected MT4 as the preferred platform due to the fact that when i tried out MB years ago there were not charts inside MBT Nav,so i went with the MT4 option.Had i known that MBT Nav had charts then i would not have worried about MT4.
I am not sure if this is the reason why i am not getting any chart data inside MBT Nav.
Just throwing this out there as a possible cause.

Cheers
Steve
Are you saying that you might be logging into Navigator with a MetaTrader account? Please, we need to take this conversation to private email to discuss your username/passwords. [email protected]
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