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MB Trading Futures - Introduction

  • #5,181
  • Apr 25, 2010 6:05pm Apr 25, 2010 6:05pm
What gives? Market isn't closed, but no data is coming in
  • #5,182
  • Apr 26, 2010 11:28am Apr 26, 2010 11:28am
Quoting aaceofspades
I should have though of that....
Aaceofspades,

No, it would not have triggered a stop on MT4 during rollover.
  • #5,183
  • Apr 26, 2010 3:42pm Apr 26, 2010 3:42pm
After reading comment from member this broker same as bucket shop maybe only for forex account below 5k account
  • #5,184
  • Apr 26, 2010 4:34pm Apr 26, 2010 4:34pm
Quoting za_xc03
After reading comment from member this broker same as bucket shop maybe only for forex account below 5k account
LOL
  • #5,185
  • Apr 27, 2010 9:05am Apr 27, 2010 9:05am
I have been with MB Trading for 3 years. Their navigator is ok. I use the MT4 for charting. I would not trade with it. Very unreliable. Constantly freezes for minutes. They say they are an ECN, but the reality is you are trading first with all the users. Not banks. This is why you will see a sell or buy stop taken in before the pricing ever gets there. I have been having my doubts lately about continuing with this broker.
  • #5,186
  • Apr 27, 2010 10:56am Apr 27, 2010 10:56am
Quoting E-Money
I have been with MB Trading for 3 years. Their navigator is ok. I use the MT4 for charting. I would not trade with it. Very unreliable. Constantly freezes for minutes. They say they are an ECN, but the reality is you are trading first with all the users. Not banks. This is why you will see a sell or buy stop taken in before the pricing ever gets there. I have been having my doubts lately about continuing with this broker.
So let's all recap what you are saying for fun.

1) You've been with them for 3 years.

2) You think you are trading only with other users (which is what an ECN is in the first place).

3) You don't think they have banks?

4) You think you are getting bad fills on stops?

If you actually don't understand that they show you bank and ECN customer quotes combined, you haven't been with them for 3 years. Epic fail.
  • #5,187
  • Apr 27, 2010 12:21pm Apr 27, 2010 12:21pm
Quoting IndyTrader
So let's all recap what you are saying for fun.

1) You've been with them for 3 years.

2) You think you are trading only with other users (which is what an ECN is in the first place).

3) You don't think they have banks?

4) You think you are getting bad fills on stops?

If you actually don't understand that they show you bank and ECN customer quotes combined, you haven't been with them for 3 years. Epic fail.
What banks are they using? Names please...
  • #5,188
  • Apr 27, 2010 1:08pm Apr 27, 2010 1:08pm
Quoting bugscoe
What banks are they using? Names please...
Some are visible in this sceenshot:
Attached Image (click to enlarge)
Click to Enlarge Name: mbt-book.jpg Size: 167 KB
  • #5,189
  • Apr 27, 2010 2:57pm Apr 27, 2010 2:57pm
I second (third, fourth?) the notion that MT4 is becoming very unreliable. I was a very happy customer before the last 3-4 weeks. A few times an order will hang for 30-40 seconds, and occasionally it has happened where it will not go through at all, giving me an "off quotes" error over and over. Never used to happen, my guess is possible a huge influx of new clients that their system isn't ready to handle.. Seems like the only logical reasoning for me.

Either way, reliability needs to be solved.. and quick.
Cap
  • #5,190
  • Apr 29, 2010 2:01am Apr 29, 2010 2:01am
Quoting The Captain
I second (third, fourth?) the notion that MT4 is becoming very unreliable. I was a very happy customer before the last 3-4 weeks. A few times an order will hang for 30-40 seconds, and occasionally it has happened where it will not go through at all, giving me an "off quotes" error over and over. Never used to happen, my guess is possible a huge influx of new clients that their system isn't ready to handle.. Seems like the only logical reasoning for me.

Either way, reliability needs to be solved.. and quick.
You experiencing this on Nav or MT4?
  • #5,191
  • Apr 29, 2010 11:16am Apr 29, 2010 11:16am
Quoting The Captain
I second (third, fourth?) the notion that MT4 is becoming very unreliable. I was a very happy customer....

Quoting wannatradefx
You experiencing this on Nav or MT4?
,
Cap
  • #5,192
  • Apr 29, 2010 12:32pm Apr 29, 2010 12:32pm
Quoting shrike
Some are visible in this sceenshot:

Is this from a recent live account ?

I am only seeing "TDFX" as counterparty on my demo
  • #5,193
  • Apr 29, 2010 5:32pm Apr 29, 2010 5:32pm
I've got a new issue with MBTrading's MT4 platform. I've had a buy-stop order on GBP/JPY that's been unfilled for the last, oh I don't know, 15 minutes or so.

I had a buy-stop at 143.30 that's been sitting in the yellow, "I'm about to touch off!", zone for the last little while. I try to enter at market rates, nothing but "off quotes". Can't enter a buy-limit order to try and enter underneath either. Bueller?
  • #5,194
  • Apr 29, 2010 5:36pm Apr 29, 2010 5:36pm
Sixteen pips past my buy-stop order...

I'm glad I'm already in a previous position, but I was looking forward to adding to it...
  • #5,195
  • Apr 30, 2010 2:40am Apr 30, 2010 2:40am
Quoting Cocoflanel
Is this from a recent live account ?

I am only seeing "TDFX" as counterparty on my demo
His screenshot was unique. It happened a year or so ago. They came up one weekend without the destinations masked. They generally don't show anyone the other side of a trade (you or me or the banks). It just shows TDFX. That's the ARCA model from stock trading in the late 1990's.
  • #5,196
  • Apr 30, 2010 2:40am Apr 30, 2010 2:40am
Quoting Skyhook
Sixteen pips past my buy-stop order...

I'm glad I'm already in a previous position, but I was looking forward to adding to it...
I assume you called them by now?
  • #5,197
  • Apr 30, 2010 10:19am Apr 30, 2010 10:19am
Again, another example of the unreliable MT4 platform from MB Trading. Been frozen now for over 5 minutes. IBFX @1.3284 on the EURUSD and MB Trading @1.3291. Hard to trade using this.
  • #5,198
  • Apr 30, 2010 11:24am Apr 30, 2010 11:24am
Quoting E-Money
Again, another example of the unreliable MT4 platform from MB Trading. Been frozen now for over 5 minutes. IBFX @1.3284 on the EURUSD and MB Trading @1.3291. Hard to trade using this.
I had no freezes or locks. What time was this at exactly? Did it end?
  • #5,199
  • Apr 30, 2010 11:29am Apr 30, 2010 11:29am
Quoting Skyhook
Sixteen pips past my buy-stop order...

I'm glad I'm already in a previous position, but I was looking forward to adding to it...
Skyhook,

I assume that you called the desk to report the trade and got it fixed? If not, can you contact me via private or email with your account info so I can research the trade? Send order ID too please.


[email protected]
  • #5,200
  • Apr 30, 2010 11:32am Apr 30, 2010 11:32am
Its not always the broker but your internet connection, also it is a well know fact that brokers do not have an identical feed since they have different liquidity providers. Thats how the genius strategy managed to suck in a few unlucky customers a year ago. I have their live mt4 and to say that they worse than your other broker I can't since, you get problems with everyone.
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