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MB Trading Futures - Introduction

  • #4,041
  • Oct 1, 2009 2:06pm Oct 1, 2009 2:06pm
Quoting traderfx
you keep wanting me to prove im wrong, why don't you prove im wrong where is your proof?, is it also true you inoly have around 37 employess
Sigh.
I'm pretty much done with all this ...
  • #4,042
  • Oct 1, 2009 2:10pm Oct 1, 2009 2:10pm
Quoting traderfx
i showed you the link can you show me any where that they are bigger then 4mill per year? or are you just guessing?
Where's a moderator to make you go away. Permanently. From all FF boards. DUDE YOU ARE A F'ING RETARD. Stop taking up space here. You mean to tell me that a brokerage that has been around for over a decade did $4 million in sales because you probably fed that information to Hoover's, which...oh look...they removed it. Just like FF should remove you.
  • #4,043
  • Oct 1, 2009 2:10pm Oct 1, 2009 2:10pm
Quoting traderfx
you keep wanting me to prove im wrong, why don't you prove im wrong where is your proof?, is it also true you inoly have around 37 employess
Close..its more like 150 employees. I believe that puts your number off by a factor of about 5.
  • #4,044
  • Oct 1, 2009 2:24pm Oct 1, 2009 2:24pm
Quoting traderfx
justin there is nothing wrong with doing under 10mill per year, if you are bigger then 4mill per year then why don't you just prove it, you know you can also say we are doing over 10mill in business per year, simple as that, are you doing 10mill per year and if so whats the range 10 - 20 mill or more?
To say that you are off by a huge factor is an understatement. I can tell you that we did NOT raise money last year to meet the net capital requirement, so that alone blows away your theory by quite a multiple. In terms of the exact revenue and profit numbers of the company…obviously you don’t have much of an understanding of business. If we wanted that information to be public, we’d probably be a publicly traded company instead of privately held after a decade, don’t ya think? I’m under no obligation to share any of that information with you, nor would the legal department or owners of the company want me to. But I will state definitively that we did not raise any money last year to get our net capital from $5 million or so coming into the year to over $20 million to meet the new requirement coming out of the year. And again, that’s just the FOREX division through MBTF. I can also tell you that we have right around 150 employees, but you said 37. None of your information is close or accurate, and I do think you might have been part of the process of feeding that false information to Hoover’s based on what I have learned.

Anyone else over this yet?
  • #4,045
  • Oct 1, 2009 2:25pm Oct 1, 2009 2:25pm
Back to the subject at hand:

Dear Forex Factory Members,

 I am pleased to announce that MetaTrader 4, which is fully integrated into MB Trading’s True ECN Execution, is now available for live trading to the general public as a public Beta. As many of you are aware, we have spent countless amounts of time and energy completely removing the deal desk functionality of MT4, all while maintaining as much of the customer user experience as possible, including the automated trading components.

Integration Notes:

·FIFO compliant;
 ·Expert Advisors working on a trade ID basis;
 ·Immediate and anonymous posting of all Limit orders directly into the quotes for anyone else to see and execute against;
 ·No limitation on proximity of Limit and Stop orders;
 ·Direct routing of market orders through proprietary algorithms to obtain best-price execution against banks, customers, and other dark pools of liquidity;
·No requotes; and
 ·No restrictions against scalping.

Opening Your Live Account:

Please read the following notes before moving forward.

·Nav accounts and Meta accounts are now compatible, but you will still need to open a new account at this time to use MT4. You will end up with Navigator and MT4 accounts with the same account numbers.
·All statements are generated through our on-line FIFO statement process. MetaTrader statements have been disabled due to the new NFA FIFO requirement.
 ·Once you start the Online Application process, you’ll have the choice to select MBT Navigator or MetaTrader 4 as your platform of choice, it’s very important you select MetaTrader 4.
·If you plan to run EAs in this account please be sure to read about the difference between deal desk MT4 and ECN MT4 here: MT4 ECN Difference. It is advised that you test all EAs in our Demo environment first.
·Since we expect a high volume of new accounts during the first 30 days, we ask that you be patient while your account is being processed. Our average new account processing time is 24-48 hours, but we are anticipating the wait to increase to as much as 5 days before approval.
·Someone from new accounts will contact you once they start reviewing your application.
·Your new account can be funded with as little as $400.

If you’re ready to start trading, please visit Open Account and select Open an Individual Account.

Questions can be sent to [email protected] or MT4 Support Live Chat.

Thank you for your continued support of MB Trading – Enjoy.
  • #4,046
  • Oct 1, 2009 8:15pm Oct 1, 2009 8:15pm
Congrats on the Mt4 Launch, I'm sure you guys will take off like a bullet as a broker now, considering the mass just love MT4...and nothing but bucketshops offer it.

ECN is a better friend
lowest draw down possible please.
  • #4,047
  • Oct 1, 2009 8:30pm Oct 1, 2009 8:30pm
How and where can we view market depth information with your MT4 ECN? Please excuse my ignorance on this.
  • #4,048
  • Oct 1, 2009 8:36pm Oct 1, 2009 8:36pm
Quoting global3
How and where can we view market depth information with your MT4 ECN? Please excuse my ignorance on this.
L2 or Market Depth is only visible in the Navigator. You can log into the Nav with your MT4 account, but you are unable to place trades.
  • #4,049
  • Oct 1, 2009 8:37pm Oct 1, 2009 8:37pm
Quoting ehrek
Congrats on the Mt4 Launch, I'm sure you guys will take off like a bullet as a broker now, considering the mass just love MT4...and nothing but bucketshops offer it.

ECN is a better friend
Appreciate it Ehrek.
  • #4,050
  • Oct 1, 2009 8:40pm Oct 1, 2009 8:40pm
I think it is despicible that you have been able to promote your product with your own threads for all these years. If I had my way, this thread would have been in the recycling bin yesterday.
  • #4,051
  • Oct 1, 2009 8:52pm Oct 1, 2009 8:52pm
Quoting jleblang
L2 or Market Depth is only visible in the Navigator. You can log into the Nav with your MT4 account, but you are unable to place trades.
Thank you for your response.
  • #4,052
  • Oct 1, 2009 8:55pm Oct 1, 2009 8:55pm
Quoting global3
Thank you for your response.
Of course, anytime.
  • #4,053
  • Oct 1, 2009 9:02pm Oct 1, 2009 9:02pm
Quoting tdion
I think it is despicible that you have been able to promote your product with your own threads for all these years. If I had my way, this thread would have been in the recycling bin yesterday.
Let me see if I get this straight. You think it is despicible (sp) that a broker comes on these forums, starts their own thread, which you don't have to read and you know the title of, and actually answers questions about their product and the issues with this industry in a sophisticated manner? I mean, all you have to do is not look at the thread if you aren't interested. Meanwhile, for the rest of us, this thread for years, long before the deal desks would have even engaged the conversation, served as a good place to understand what was wrong with this industry. Go back to the start of this thread and look at the conversation back then...and then look at where the industry is now. Justin and EFX, now MB...the things they were talking about back then are almost universally the norm in the industry now. And you think it is a bad thing? Not that I'm really interested in your perspective if that is your starting point, but how does that make any sense? You don't like the conversation...skip the thread. Please don't try to judge the value that the rest of us place on it or minimize it as MB just promoting themselves. They don't just get up here and talk about how great they are...he explains how things work and talks about what they are working on.
  • #4,054
  • Oct 1, 2009 10:17pm Oct 1, 2009 10:17pm
Why have rules against promotion at all?

Quoting IndyTrader
blah blah blah
  • #4,055
  • Oct 2, 2009 5:04am Oct 2, 2009 5:04am
Quoting jleblang
Dear Forex Factory Members,

 You will end up with Navigator and MT4 accounts with the same account numbers.
Justin,

I have a live account on Navigator and just opened the MT4 live, but I have different account numbers. I did give them my Nav account # during the application process. Is this a problem?
  • #4,056
  • Oct 2, 2009 8:14am Oct 2, 2009 8:14am
Till now well done MBtrading
I'm testing ur MT4 demo with my live account with another broker and another demo with other broker and You doing great exection and no requotes No spike AT News time
But in Live account with MT4 does it same like demo with "Spreads-lot size"?
What are the diffrence between demo and live Justine?

Thanks
  • #4,057
  • Oct 2, 2009 8:39am Oct 2, 2009 8:39am
I've tried several brokers over the past few years.

For individual traders, MBT is as good as it gets. Oanda would be my second choice.

Then you can move us a scale and go for Interactive Brokers, or (fee-based) TradeStation. But with IB you are not gonna get the same intuitive platform or the same customer support as with MBT.

If someone is not happy with MBT, stop bitching around, close your account with them and go elsewhere (drop a line here when you decide to come back ).

Justin, thank you for doing a great job here!
One Chart is Worth Ten Thousand Words.
  • #4,058
  • Oct 2, 2009 8:43am Oct 2, 2009 8:43am
Quoting Forex007
I've tried several brokers over the past few years.

For individual traders, MBT is as good as it gets. Oanda would be my second choice.

Then you can move us a scale and go for Interactive Brokers, or (fee-based) TradeStation. But with IB you are not gonna get the same intuitive platform or the same customer support as with MBT.

If someone is not happy with MBT, stop bitching around, close your account with them and go elsewhere (drop a line here when you decide to come back ).

Justin, thank you for doing a great job here!
Bro how long u been with them?
  • #4,059
  • Oct 2, 2009 8:46am Oct 2, 2009 8:46am
Quoting egkid
Till now well done MBtrading
I'm testing ur MT4 demo with my live account with another broker and another demo with other broker and You doing great exection and no requotes No spike AT News time
But in Live account with MT4 does it same like demo with "Spreads-lot size"?
What are the diffrence between demo and live Justine?

Thanks
Dear Justin i have another question
how can protect my account if something nuts happen and click order and spreads became 40 pip? You now it change each second?

Thanks
  • #4,060
  • Oct 2, 2009 10:07am Oct 2, 2009 10:07am
Quoting steve930
Justin,

I have a live account on Navigator and just opened the MT4 live, but I have different account numbers. I did give them my Nav account # during the application process. Is this a problem?
Let me clarify. You can log into the Navigator with your new MT4 account, but you wont be able to place trades in the Nav, only view L2, your open positions, research, etc.

Your old Nav account will remain as it is.
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