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MB Trading Futures - Introduction

  • #4,621
  • Jan 11, 2010 10:40am Jan 11, 2010 10:40am
Quoting tar
Yeah i noticed this , i saw better liquidity b4 from old screenshots at this thread , put in mind that not all liquidity pools the same , i know guys trades at FX desks in the uk they c 100 m Euro within 2 pips in active times , anyway if we use limit orders with MB and the price goes through our limit order we should get filled even 20 m Justin correct me if i am wrong ...
Um...that's a really bad way to ask that question. If you have a limit order on the MB system...the price CAN'T go through your order without you being filled, no matter what the size.
  • #4,622
  • Jan 11, 2010 10:42am Jan 11, 2010 10:42am
Hi Justin,

Can you please reply to my post #4603 when you have time. Thanks

sleepy
  • #4,623
  • Jan 11, 2010 10:45am Jan 11, 2010 10:45am
Quoting wannatradefx
Um...that's a really bad way to ask that question. If you have a limit order on the MB system...the price CAN'T go through your order without you being filled, no matter what the size.
bad way ? sorry if it looks bad but i didnt mean , but u r right i should get filled no matter what the size is thats what i said i gave 20 m as an example only ....
  • #4,624
  • Jan 11, 2010 11:12am Jan 11, 2010 11:12am
Quoting Forex007
Hi Justin,

Is your demo server working? I could not establish the connection today. I thought my demo a/c expired, and tried to open a new one, but could not connect to your demo server.

Also, I re-downloaded MT4 from MBT's site again, just in case - after I re-installed it I noticed it was "build 221", whilst the prior version (which I de-installed) was "build 225".

Any idea what's going on? Many thanks!
MT4 demo is currently down for maintenance. I have not received an ETA on when it will be available.

I apologize for the inconvenience.
  • #4,625
  • Jan 11, 2010 11:19am Jan 11, 2010 11:19am
Quoting shrike
Can a provider hide his complete bid/offer, or does he have to display a minimum amount? Just asking, because it looks like there are 5 providers quoting in eur/usd and 8 in gbp/usd.
Shrike,

Banks can't hide their orders, but they don't have to display the complete size. However, they must fill the size shown per our agreements.

The difference between symbols can simply be that some prices shown are aggregated of multiple banks, or some showing at more than one level, which is why there are several more on other symbols.
  • #4,626
  • Jan 11, 2010 11:21am Jan 11, 2010 11:21am
Quoting sleepy004
Hi Justin,

Can you please reply to my post #4603 when you have time. Thanks

sleepy
Sleepy,

I need you to contact [email protected] for this question please.

Thank you.
  • #4,627
  • Jan 11, 2010 11:23am Jan 11, 2010 11:23am
Hi Justin.

Can you tell me something about USD/DKK?
It is not a major pair but during London and USA session it has a very good spread.
Could I trade 1000 lots with multiple orders without problems?
  • #4,628
  • Jan 11, 2010 1:18pm Jan 11, 2010 1:18pm
Are you honestly saying that you are going to trade 10Mil? Looking at your previous posts on FF, you should not do that. Just a thought .

Quoting Pipsnator
Hi Justin.

Can you tell me something about USD/DKK?
It is not a major pair but during London and USA session it has a very good spread.
Could I trade 1000 lots with multiple orders without problems?
  • #4,629
  • Jan 11, 2010 1:21pm Jan 11, 2010 1:21pm
Quoting Pipsnator
Hi Justin.

Can you tell me something about USD/DKK?
It is not a major pair but during London and USA session it has a very good spread.
Could I trade 1000 lots with multiple orders without problems?
Sure, you could submit multiple orders and you will get filled if you place a market order, but most likely you'll see a partial fill price on parts of your orders. Just depends on the time of day and the available volume.
  • #4,630
  • Jan 11, 2010 1:46pm Jan 11, 2010 1:46pm
Justin, have you already asked about the possibility of switching dollar accounts to euro acc.?

Thanks for the answer.
  • #4,631
  • Jan 11, 2010 1:54pm Jan 11, 2010 1:54pm
Quoting fiberangel
Are you honestly saying that you are going to trade 10Mil? Looking at your previous posts on FF, you should not do that. Just a thought .
I asked only if it is possible
  • #4,632
  • Jan 11, 2010 1:58pm Jan 11, 2010 1:58pm
Quoting jleblang
Sure, you could submit multiple orders and you will get filled if you place a market order, but most likely you'll see a partial fill price on parts of your orders. Just depends on the time of day and the available volume.
Thanks
  • #4,633
  • Jan 11, 2010 3:59pm Jan 11, 2010 3:59pm
Quoting fiberangel
Are you honestly saying that you are going to trade 10Mil? Looking at your previous posts on FF, you should not do that. Just a thought .
Add to this that it is not a good idea to have a big forex accounts with MB cuz there is no protection for your funds , not like stocks accounts ...
  • #4,634
  • Jan 11, 2010 4:58pm Jan 11, 2010 4:58pm
Quoting jleblang
Pip Dawg,

Our web-based platform coming out shortly should provide a solution for you. I should have more info on the live release date in the coming week or so.
I signed up for the beta version and have been testing it out. I'm still afraid to trade it because sometimes I lose connection and sometimes I can't logon at all.

Do you know if the web version will contain some basic charts?

Please keep me posted on the release date if you can.

Thanks!
  • #4,635
  • Jan 11, 2010 10:55pm Jan 11, 2010 10:55pm
Quoting tar
Add to this that it is not a good idea to have a big forex accounts with MB cuz there is no protection for your funds , not like stocks accounts ...
Can you explain it better? please
  • #4,636
  • Jan 12, 2010 1:35am Jan 12, 2010 1:35am
I'm sorry to say this, but demo MT4 from MBTrading is a joke. It is absolutely impossible to trade using it. And the smallest problem is when it is offline. the biggest problem is, that when demo MT4 comes back online, there are gaps in data, while it went online. There are many occurrences, where there are no candlesticks for the time that it went offline. and the bottom line? Indicators don't work, since the open, closing and high price is not correct & many other similar problems. It may not be a problem for someone who uses a 15min chart, since data adjusts quickly enough...but for someone that uses 4h chart it is absolutely useless...I'm using Alpari's and MBTrading's demo MT4. Alpari's works great, it goes down during major news events. but even when that happens and it comes back online all past data is there. I don't care about your excuses, it is useless to trade using demo MT4 from MBTrading...go ahead...download Alpari's demo MT4 and compare indicators and what they show...you'll see what I'm talking about.
Everyone has a plan 'till they get punched in the mouth.
  • #4,637
  • Jan 12, 2010 2:05am Jan 12, 2010 2:05am
Quoting Pipsnator
Can you explain it better? please
I meant it is not a good idea to put huge funds into forex accounts ( retail forex in the US ) because u will not get protection to your funds from the SIPC incase MB get insolvent , in the other hand Stocks accounts has this protection read the link and the note in the bottom

http://mbtrading.com/safetyandsecurity.aspx
  • #4,638
  • Jan 12, 2010 6:07am Jan 12, 2010 6:07am
Hi Justin:

I have been trying in vain to use the an MBT Forex demo account with your MT4 platform. So far it has be highly unreliable. It is often off line. But the worst part is that positions occasionally get "stuck". That is, I cannot exit them, no matter what I do. Emailing with the mailbox feature gets no results. The error I get is usually "Off Quotes", even though the software says the order was accepted. I have seen other errors, but do not remember what they are. My frustration level with this reach panic this morning. Specifically look at demo account 500417101. There is a GBP/USD position that I cannot exit no matter what. Yes, the data feed seems to be working ok. But this stuck order thing and frequent off-lines makes me wonder ......
  • #4,639
  • Jan 12, 2010 9:17am Jan 12, 2010 9:17am
Quoting stvforex
Justin, have you already asked about the possibility of switching dollar accounts to euro acc.?

Thanks for the answer.
stvforex,

I'm collecting names right now for traders that wish to have their accounts in EUR. You can email me at [email protected] and I will send you the details shortly.

Regards,
  • #4,640
  • Jan 12, 2010 9:18am Jan 12, 2010 9:18am
Quoting Pip Dawg
I signed up for the beta version and have been testing it out. I'm still afraid to trade it because sometimes I lose connection and sometimes I can't logon at all.

Do you know if the web version will contain some basic charts?

Please keep me posted on the release date if you can.

Thanks!
I will notify everyone when the live web version is available - I should have some news by months end.
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