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MB Trading Futures - Introduction

  • #3,841
  • Aug 10, 2009 12:40pm Aug 10, 2009 12:40pm
Quoting jleblang
Offshorepip-

I’m not really clear on what you are asking. MetaTrader is currently in Beta. We aren’t holding the product, particularly the demo, out to be 100% ready for primetime. Until we cross that threshold, we aren’t suggesting that we are offering a “reliable MT4 feed” to anyone except our Live Beta testers. It is simply a product in development.

Sorry for not being clear. I am asking what do you have that a forex trader can use to trade. MT4 Live is not available. Mt4 Demo is not reliable. Both are in Beta. Navigator charts are also in Beta.

What do other forex traders that are using MBT, use to trade?

What existing solutions or tools do you have so that I can reliable trade. I was told months ago MT4 was being released. It never happened. So I ask, what do you have available to me to use to trade forex?
  • #3,842
  • Aug 10, 2009 12:54pm Aug 10, 2009 12:54pm
Quoting offshorepip
Sorry for not being clear. I am asking what do you have that a forex trader can use to trade. MT4 Live is not available. Mt4 Demo is not reliable. Both are in Beta. Navigator charts are also in Beta.

What do other forex traders that are using MBT, use to trade?

What existing solutions or tools do you have so that I can reliable trade. I was told months ago MT4 was being released. It never happened. So I ask, what do you have available to me to use to trade forex?

wow, MT4 not live yet with MBT? Hasn't this been in demo/beta for ever?
  • #3,843
  • Aug 10, 2009 1:38pm Aug 10, 2009 1:38pm
Quoting offshorepip
Sorry for not being clear. I am asking what do you have that a forex trader can use to trade. MT4 Live is not available. Mt4 Demo is not reliable. Both are in Beta. Navigator charts are also in Beta.

What do other forex traders that are using MBT, use to trade?

What existing solutions or tools do you have so that I can reliable trade. I was told months ago MT4 was being released. It never happened. So I ask, what do you have available to me to use to trade forex?
Offshorepip,

While the charts in Navigator may say “Beta” on them, they really are fully functional with tons of indicators (if you have installed the new, latest version of Nav). I don’t think the “Beta” label will remain on them for long. As for other solutions, we plug into many charting packages that our customers have used up to this point as well. MetaTrader is the only product where you need to be in Live to use correctly.
  • #3,844
  • Aug 10, 2009 1:48pm Aug 10, 2009 1:48pm
Quoting jleblang
Offshorepip,

While the charts in Navigator may say “Beta” on them, they really are fully functional with tons of indicators (if you have installed the new, latest version of Nav). I don’t think the “Beta” label will remain on them for long. As for other solutions, we plug into many charting packages that our customers have used up to this point as well. MetaTrader is the only product where you need to be in Live to use correctly.

Great. If you could provide me with a list of charting packages that are compatible with MBT, I would appreciate it. I'll need to line something up pretty quick, as I trade for a living and need to find an alternate solution to MT4 using MBT as my broker.

I'm not sure what you mean tho..."Metatrader is the only product where you need to be in Live to use correctly"....I would need something that has a true live in the market feed, as I would expect any active trader with any success would need.

If I'm in a short term 5M trade, I would hate to try to trade that without a live feed.
  • #3,845
  • Aug 10, 2009 2:04pm Aug 10, 2009 2:04pm
I think it's been about 9 months since I left MB Trading. I will say that my money came exceptionally fast. Their spreads even with the fees were slightly less than MT4 brokers, and I would have liked to have stayed with them, but the platform completely stunk. It was well before I left that MB Trading was supposedly going to the MUCH easier MT4 platform. I realize lots of testing is needed. But, come on guys!@! Sheesh!!! Excuses after excuses was what was given then, and what is given now.
  • #3,846
  • Aug 10, 2009 2:50pm Aug 10, 2009 2:50pm
Quoting paradoxical
I think it's been about 9 months since I left MB Trading. I will say that my money came exceptionally fast. Their spreads even with the fees were slightly less than MT4 brokers, and I would have liked to have stayed with them, but the platform completely stunk. It was well before I left that MB Trading was supposedly going to the MUCH easier MT4 platform. I realize lots of testing is needed. But, come on guys!@! Sheesh!!! Excuses after excuses was what was given then, and what is given now.
I'm using MT4 live with MB and it works fine and has been for some time. I believe the remaining hang up is that they are making some changes related to the new FIFO requirement.
  • #3,847
  • Edited 3:01pm Aug 10, 2009 2:56pm | Edited 3:01pm
Quoting paradoxical
I think it's been about 9 months since I left MB Trading. I will say that my money came exceptionally fast. Their spreads even with the fees were slightly less than MT4 brokers, and I would have liked to have stayed with them, but the platform completely stunk. It was well before I left that MB Trading was supposedly going to the MUCH easier MT4 platform. I realize lots of testing is needed. But, come on guys!@! Sheesh!!! Excuses after excuses was what was given then, and what is given now.
If you dont mind me asking, who did you switch to?

Do you mean your money came exceptionally fast before or after you switched?

I know there are brokers that will give a 6pip fixed spread with no comm's. When I do the math, it's about the same as MBT.

I was told months ago it was gonna be ready and I have waited long enough. It's either coming or it aint. Being loyal and patient has cost me considerable amount of money. I trade for a living, it's not a hobby like the casino for me. MBT has not had anything to help me with my situation. I dont want to switch, but they are either gonna give me it or not. If not, I'll be forced to go somewhere else so I can continue my livelihood.
  • #3,848
  • Aug 10, 2009 3:07pm Aug 10, 2009 3:07pm
Quoting jleblang
I see several comments and even a new thread about our acquisition of Wizetrade, so I’ll just address everything that I’ve seen here in one post. This accommodates some of the questions that have been asked and more.
.
Thanks for the reply,
Sounds like there is indeed more there than meets the eye. That is a good thing as my initial info scan was less than encouraging.
As I recently opened an account with MB to escape the clutches of (i*fx) I was of course concerned by what, at least on the surface, seemed to be a somewhat negative play.
Of course you can't tell all but you guys must have something in mind for the TV setup...
interesting....
Will keep tuned for future developments.

uhh, can you share just how many users there might be of the WT software??
just for inquiring minds out here

p.s. been running your MT4 demo for a couple of weeks now, no problems to report.
Have been using order placement scripts and trade management ea with no difficulties ..

thanks again....
  • #3,849
  • Aug 10, 2009 3:40pm Aug 10, 2009 3:40pm
Quoting tommyd
Thanks for the reply,
Sounds like there is indeed more there than meets the eye. That is a good thing as my initial info scan was less than encouraging.
As I recently opened an account with MB to escape the clutches of (i*fx) I was of course concerned by what, at least on the surface, seemed to be a somewhat negative play.
Of course you can't tell all but you guys must have something in mind for the TV setup...
interesting....
Will keep tuned for future developments.

uhh, can you share just how many users there might be of the WT software??
just...
Tommyd, I cant speak for MBT or Wizetrade. I have been a user of the Wizetrade software for 2.5 years. I use it to help me recognize the strong trends. I dont use it to active short term trade, I use mt4. As another tool, its fine. Just understand, it is not a price chart. I got introduced to it thru a friend that has used it for 6 years. He's more long term. Longer term is fine, shorter term?? Eh, you'll have to decide for yourself and what short term means to you. I have read that they have sold like 130K software packages(it used to be sold, now its rented month to month). I have never heard a figure on the number of users that presently pay for service.
Like I said, its another trading tool in the tool box. It's not going to make me a successful trader, it just aids in helping me make successful trades.

And yes, there is a lot of bad press out there on Wizetrade. I read all the press before I bought the software. I own Wizetrade for stocks, Commandtrade Forex, and Commandtrade Stocks. It cost a lot of money, but I have made all of it back. Like I said, its just a tool.

Hope that helps.
  • #3,850
  • Aug 10, 2009 3:50pm Aug 10, 2009 3:50pm
Quoting offshorepip
If you dont mind me asking, who did you switch to?

Do you mean your money came exceptionally fast before or after you switched?

I know there are brokers that will give a 6pip fixed spread with no comm's. When I do the math, it's about the same as MBT.

I was told months ago it was gonna be ready and I have waited long enough. It's either coming or it aint. Being loyal and patient has cost me considerable amount of money. I trade for a living, it's not a hobby like the casino for me. MBT has not had anything to help me with my situation. I dont...
LOL...6 pip fixed spread is the same as MBT? Wow, that's some crack you are smoking. Unless you are talking about some exotic or wide cross pair, I don't see how that makes sense. Why don't you just open a Live Meta account at the next window that they have available?
  • #3,851
  • Aug 10, 2009 4:01pm Aug 10, 2009 4:01pm
Quoting offshorepip
Great. If you could provide me with a list of charting packages that are compatible with MBT, I would appreciate it. I'll need to line something up pretty quick, as I trade for a living and need to find an alternate solution to MT4 using MBT as my broker.

I'm not sure what you mean tho..."Metatrader is the only product where you need to be in Live to use correctly"....I would need something that has a true live in the market feed, as I would expect any active trader with any success would need.

If I'm in a short term 5M trade, I would hate...
Offshorepip-

Here is a list of our Third Party charting packages, including e-Signal, etc:

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

What I meant on the MetaTrader comment is that our Live Meta customers have a feed that works fine. It’s only Demo that we presently take up and down.
  • #3,852
  • Aug 10, 2009 5:02pm Aug 10, 2009 5:02pm
Quoting IndyTrader
LOL...6 pip fixed spread is the same as MBT? Wow, that's some crack you are smoking. Unless you are talking about some exotic or wide cross pair, I don't see how that makes sense. Why don't you just open a Live Meta account at the next window that they have available?
GJ....it's all I trade.

They haven't added any new live accounts for over a month. I'm not even new. I have a trading account with them now, have for a while. Over 6 weeks ago, I traded emails with Phil Naftolin and he said he would get me on the next add. I'm still waiting. What;s worse is I've told them my setup and all I need is the live feed charting. I dont even place my trades thru mt4 platform, i place my trades thru Commandtrade FX.

I can only imagine how long its gonna take to intergrate all these people once it comes up. If your a part time player, it doesnt really matter. It should matter when you are a full time player. This is my profession and I am not getting the cooperation of my broker.

I'm glad you have it. I and a lot of others dont. There are only 400 people on it? Thats not very many at all. I can only imagine how many are waiting. Which worries me about how long its gonna take. How many 400 dollar micro accounts are gonna be added while my 50K existing account is waiting on a live chart feed.

I answered your comment on the first line. The rest of this is for Justin.
  • #3,853
  • Aug 10, 2009 5:10pm Aug 10, 2009 5:10pm
Quoting jleblang
Offshorepip-

Here is a list of our Third Party charting packages, including e-Signal, etc:

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

What I meant on the MetaTrader comment is that our Live Meta customers have a feed that works fine. It’s only Demo that we presently take up and down.
Justin, see my response. It is in Indytrader's smarta$$ remark about my 6pip spread.

Why cant you guys provide a demo that doesnt go up and down. Just have a back office partition for you guys testing while the live customers and demo customers are still up and running. Other brokers dont have this problem with their demo. Its just the way you guys have it configured. If you had a demo feed that never went down, I really wouldn't even need the live feed. It's because of the way I trade. I place my orders thru Commandtrade FX platform. I use the MT4 for my setups. Nav charts cant do what I have set up.

Its not really that difficult of a solution for this situation. I understand a lot of the people want the full mt4 functionality. All I need is a friggin chart that wont just stop in midtrade and i dont know if its gonna be down for 5sec, 5min, or 5 hours.
  • #3,854
  • Aug 10, 2009 5:42pm Aug 10, 2009 5:42pm
Quoting jleblang
Offshorepip-

Here is a list of our Third Party charting packages, including e-Signal, etc:

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

What I meant on the MetaTrader comment is that our Live Meta customers have a feed that works fine. It’s only Demo that we presently take up and down.
I'm also confused as to why your customer service department is directing me to this site to converse with you. I have been directed here by four different MBT Customer service people. Why am I, as a valued MBtrading customer even talking with you thru a site that is mainly filled with a bunch of Mcdonald's employee wanna be traders?

Is this normal protocol for communicating with your customers?
  • #3,855
  • Aug 10, 2009 5:54pm Aug 10, 2009 5:54pm
Quoting offshorepip
I'm also confused as to why your customer service department is directing me to this site to converse with you. I have been directed here by four different MBT Customer service people. Why am I, as a valued MBtrading customer even talking with you thru a site that is mainly filled with a bunch of Mcdonald's employee wanna be traders?

Is this normal protocol for communicating with your customers?
Bull ... Sorry for going off here, but that about cinches it. You are not an MBT customer.

Their is no way they do that. I AM an MBT MT4 customer (live) and they do NOT do that.
I'm pretty much done with all this ...
  • #3,856
  • Aug 10, 2009 6:33pm Aug 10, 2009 6:33pm
Quoting StoragePro
Bull ... Sorry for going off here, but that about cinches it. You are not an MBT customer.

Their is no way they do that. I AM an MBT MT4 customer (live) and they do NOT do that.

Actually, yes I am. The only reason I came here is to communicate with Justin. The CS team did send me here.

The point is not about you guys that HAVE live MT4. It's about the rest of us that DONT.

The only person I have come here to talk to is Justin, as the other customer service people said he is the only one that can help me.

If you have MT4 live, you wouldnt know about any of these problems about getting a live account. I'm happy you have one. I dont.

Nobody there at MBT has any answers. They will tell you straight up they cant do anything for you concerning this matter.
  • #3,857
  • Aug 10, 2009 6:35pm Aug 10, 2009 6:35pm
jbelang is a very nice guy. He avoids direct answers to questions and would make a great politician. As far as fees, I think MB Trading is better than most. Interactive Brokers is cheaper, but their platform is even worse. WHEN MB trading finally gets MT4, I would go back, as long as they don't raise their fees to compensate for all the software, etc.
I asked for 99% of my money from my account, and got it within two days.
  • #3,858
  • Aug 10, 2009 6:37pm Aug 10, 2009 6:37pm
Quoting offshorepip
Actually, yes I am. The only reason I came here is to communicate with Justin. The CS team did send me here.

The point is not about you guys that HAVE live MT4. It's about the rest of us that DONT.

The only person I have come here to talk to is Justin, as the other customer service people said he is the only one that can help me.

If you have MT4 live, you wouldnt know about any of these problems about getting a live account. I'm happy you have one. I dont.

Nobody there at MBT has any answers. They will tell you straight up they cant do...
I believe Justin already addressed the recent hang-ups pretty thoroughly in post 3818 on this thread.
  • #3,859
  • Aug 10, 2009 6:50pm Aug 10, 2009 6:50pm
Quoting paradoxical
jbelang is a very nice guy. He avoids direct answers to questions and would make a great politician. As far as fees, I think MB Trading is better than most. Interactive Brokers is cheaper, but their platform is even worse. WHEN MB trading finally gets MT4, I would go back, as long as they don't raise their fees to compensate for all the software, etc.
I asked for 99% of my money from my account, and got it within two days.
I'm not worried about getting my money out. I wire transfer 5-10K out a month. I thought you were talking about the profit you had made.

I'm only doing what they instructed me to do. I haven't made up anything I have written. I am only here to get customer satisfaction from Justin. I am both a MBT and wizetrade customer. After that, I wont be back here.
  • #3,860
  • Aug 10, 2009 7:20pm Aug 10, 2009 7:20pm
Quoting offshorepip
I'm also confused as to why your customer service department is directing me to this site to converse with you. I have been directed here by four different MBT Customer service people. Why am I, as a valued MBtrading customer even talking with you thru a site that is mainly filled with a bunch of Mcdonald's employee wanna be traders?

Is this normal protocol for communicating with your customers?
offshorepip,

Phil did add you to the waiting list; I'm sure of that. The reason he probably suggested following me on FF, was so you could easily stay in the loop as to the progress of MT4. Typically if I have an update, this will be the first place I post it since we have such a large following here.

With regards to your concerns about the waiting list and getting on MT4 Live; don’t even worry about it. We have a streamline process for the MT4 applications now and as long as you take advantage of the next opening, you will be added.
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