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MB Trading Futures - Introduction

  • #4,801
  • Jan 22, 2010 3:28am Jan 22, 2010 3:28am
Quoting The Captain
Haha love the pic Justin. Apparently 320 pages of discussion, combined with countless posts from people saying how great MB is, just isn't enough for some idiots. The fact that it is still debated if you guys are a real ECN or not just blows my mind! I think if everyone just ignores his posts he'll go away.

Also while I'm here, people need to stop complaining about the MT4 DEMO environment and read that EVERYBODY SAYS LIVE TRADING IS FLAWLESS!!! That's right everybody,...
Hey, don't insult, after all I think MB trading is one of the best retail forex brokers, it seems that they are trully ECN/STP company, and they are transparent even if they don't want to disclose who are their liquidity providing banks and their dark pools of liquidity, maybe the only company better than them that I know is Interactive Brokers, but they ask too much minimum deposit to open a forex account.

In fact I'm planning to open an account with them, but only if maximum 1:10 leverage not approved, if it is aproved I will have to open an account with an UK FSA regulated broker, like FXCM or ActivTraders...
  • #4,802
  • Jan 22, 2010 3:36am Jan 22, 2010 3:36am
Does MBTrading have any sort of contengency plans to open an overseas operation if the new trading rules get passed? Personally I think anything worse/more than the new FIFO rules will "break the camel's back" and prompt a mass migration of retail forex to overseas accounts.

I was planning to open an account with MBTrading but I will wait to see how all this pans out in the next few months.
  • #4,803
  • Jan 22, 2010 4:10am Jan 22, 2010 4:10am
Quoting jleblang
Tar,


2) Banks in our system do not hit other banks. They only provide their quotes and liquidity to us so that we can send orders to them for our customers.
Thanks, that was very helpful. I actually thought that your provider banks trade actively too.

Just out of interest - anyone knows where such inter action of this large banks happens? Is that more directly or over an ECN like platform?
__Thanks__ MJ
  • #4,804
  • Jan 22, 2010 5:20am Jan 22, 2010 5:20am
Quoting Trad3r
... if it is aproved I will have to open an account with an UK FSA regulated broker, like FXCM or ActivTraders...

Me too.
  • #4,805
  • Jan 22, 2010 6:13am Jan 22, 2010 6:13am
hi,

Just a general question about NAV SDK.

If I want to use it - is this by default enabled or do I have to sign up or send an extra mail that MBT enables SDK access?
__Thanks__ MJ
  • #4,806
  • Jan 23, 2010 3:15pm Jan 23, 2010 3:15pm
I'm starting to get the sinking feeling that it won't be as easy to open a FOREX account offshore as I initially thought. Anyone else coming to the same conclusion?
  • #4,807
  • Jan 23, 2010 3:32pm Jan 23, 2010 3:32pm
Hello Justine
A lot of time I'm away from my PC so,
Do you offer MT4 or any platform i can use on my mobile ?
That is very important thing to me.

Currently i trade Forex and I'm interested to trade gold,Can you tell me what should do?
Thanks
  • #4,808
  • Jan 24, 2010 7:23am Jan 24, 2010 7:23am
Quoting Trad3r
Hey, don't insult, after all I think MB trading is one of the best retail forex brokers, it seems that they are trully ECN/STP company, and they are transparent even if they don't want to disclose who are their liquidity providing banks and their dark pools of liquidity, maybe the only company better than them that I know is Interactive Brokers, but they ask too much minimum deposit to open a forex account.

In fact I'm planning to open an account with them, but only if maximum 1:10 leverage not approved, if it is aproved I will have to open an...
For one thing it's 10:1 not 1:10, but they might block US citizens from opening accounts offshore anyway so it might all be moot. Then the only thing US citizens can do if they want to trade is move to another country.
  • #4,809
  • Edited 3:06am Jan 25, 2010 2:56am | Edited 3:06am
Quoting tar
3dforex llc aka MBT TECHNOLOGIES LLC , the ecn who MB deal with is now not a member of the NFA anymore

http://www.nfa.futures.org/basicnet/...tityid=0343046

http://www.3dforex.com/

Thank you tar for your information about 3dforex under Mb trading ... now i know WHO THEY ARE ....
  • #4,810
  • Jan 25, 2010 3:34am Jan 25, 2010 3:34am
Quoting Pipvalhalla
For one thing it's 10:1 not 1:10, but they might block US citizens from opening accounts offshore anyway so it might all be moot. Then the only thing US citizens can do if they want to trade is move to another country.
Well, I'm sure that the whole thing is to corral us into the exchange-based futures markets.
Of course, I don't agree with the proposal but, you could have seen it coming.
I'm looking at a banner ad right now on FF from a broker touting 500:1 leverage.
Come on...get real.
  • #4,811
  • Jan 26, 2010 12:55am Jan 26, 2010 12:55am
Why is everyone getting themselves into a lot of undue stress for nothing, forget about all of the US brokers, and the F---ing NFA, you might as well deal with with a bunch of idiots.

In 2 weeks time, Dukascopy will have there MT4 platform running 100% live, and I can assure you that there are the best ECN broker in the world, plus they have there J platform to boot. All they do is Forex, they dont do any futures, and now they have a $5k minimum account size with micro lots. They have gone from a minimum of $100k down to $50k then $10k and now $5K for account size.

They are very tightly regulated in Switzerland, and have probably the best reputation in the world. So the question remains to all of you who have any doubts about any US based broker and the NFA, why even bother sending emails to the NFA about this 10:1 leverage issue?? You are completely wasting your time, move on to the best broker in the world, and just FYI, I dont get anything out os this post.
  • #4,812
  • Jan 26, 2010 11:25am Jan 26, 2010 11:25am
Quoting forexpipmaster
Why is everyone getting themselves into a lot of undue stress for nothing, forget about all of the US brokers, and the F---ing NFA, you might as well deal with with a bunch of idiots.

In 2 weeks time, Dukascopy will have there MT4 platform running 100% live, and I can assure you that there are the best ECN broker in the world, plus they have there J platform to boot. All they do is Forex, they dont do any futures, and now they have a $5k minimum account size with micro lots. They have gone from a minimum of $100k down to $50k then $10k and now...
Because with the new rules, Dukas won't be accepting accounts from US customers either.
  • #4,813
  • Jan 26, 2010 11:51am Jan 26, 2010 11:51am
Quoting wannatradefx
Because with the new rules, Dukas won't be accepting accounts from US customers either.
Sorry but you are wrong, I just talked to them on the phone about my application, and there are accepting hundreds of US clients every day, They dont have anything to do with any of the NFA rules, period.
  • #4,814
  • Jan 26, 2010 11:59am Jan 26, 2010 11:59am
Quoting forexpipmaster
Sorry but you are wrong, I just talked to them on the phone about my application, and there are accepting hundreds of US clients every day, They dont have anything to do with any of the NFA rules, period.
Thanks for the info. Sounds like they will be a really good option for us in the US.

BTW: Great job driving even more business out of the country, advocates of "reform". Just what we need right now.
  • #4,815
  • Jan 26, 2010 12:41pm Jan 26, 2010 12:41pm
Quoting forexpipmaster
Why is everyone getting themselves into a lot of undue stress for nothing, forget about all of the US brokers, and the F---ing NFA, you might as well deal with with a bunch of idiots.

In 2 weeks time, Dukascopy will have there MT4 platform running 100% live, and I can assure you that there are the best ECN broker in the world, plus they have there J platform to boot. All they do is Forex, they dont do any futures, and now they have a $5k minimum account size with micro lots. They have gone from a minimum of $100k down to $50k then $10k and now...
I can't say I appreciate the blatant promotion of another broker in the MB Trading thread, but I agree with you.

There is no need for traders to worry. MB Trading is exploring all available options at this time and will have a solution if/when the CFTC imposes the leverage changes. It's not like we are going to just sit around on our hands and wait to find out the ruling. In any case, MB will be prepared with our clients best interest in mind for those that wish to continue trading with us.
  • #4,816
  • Jan 26, 2010 12:44pm Jan 26, 2010 12:44pm
Quoting jleblang
I can't say I appreciate the blatant promotion of another broker in the MB Trading thread, but I agree with you.

There is no need for traders to worry. MB Trading is exploring all available options at this time and will have a solution if/when the CFTC imposes the leverage changes. It's not like we are going to just sit around on our hands and wait to find out the ruling. In any case, MB will be prepared with our clients best interest in mind for those that wish to continue trading with us.
Well said Justine
I have no doubt about that
Hope u didn't miss my above query
Thanks
  • #4,817
  • Jan 26, 2010 1:32pm Jan 26, 2010 1:32pm
Quoting egkid
Hello Justine
A lot of time I'm away from my PC so,
Do you offer MT4 or any platform i can use on my mobile ?
That is very important thing to me.

Currently i trade Forex and I'm interested to trade gold,Can you tell me what should do?
Thanks
I have mobile trading and web-based trading coming very soon, but no real ETA on the mobile release.
  • #4,818
  • Jan 26, 2010 7:34pm Jan 26, 2010 7:34pm
jleblang.....

I've been an MB Trading customer for years and I'm thinking about switching over the the MT4 platform so I d-loaded the demo. My question is this...why can't I see the round numbers on my charts? It's very weird trying to find those psychological S/R levels and they aren't there....what gives?
  • #4,819
  • Jan 27, 2010 3:09am Jan 27, 2010 3:09am
Quoting jleblang
I can't say I appreciate the blatant promotion of another broker in the MB Trading thread, but I agree with you.

There is no need for traders to worry. MB Trading is exploring all available options at this time and will have a solution if/when the CFTC imposes the leverage changes. It's not like we are going to just sit around on our hands and wait to find out the ruling. In any case, MB will be prepared with our clients best interest in mind for those that wish to continue trading with us.
Glad (and not surprised ) to hear that Justin...I was dismayed to read about the CFTC proposal as I've been very happy with MBT and have ZERO desire to switch brokers. My experience live trading with MBT over the last several months has been flawless.
  • #4,820
  • Jan 27, 2010 6:29am Jan 27, 2010 6:29am
Quoting jdwbryan
Glad (and not surprised ) to hear that Justin...I was dismayed to read about the CFTC proposal as I've been very happy with MBT and have ZERO desire to switch brokers. My experience live trading with MBT over the last several months has been flawless.
My thoughts exactly.
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