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MB Trading really an ECN?

  • #41
  • Feb 15, 2008 3:23pm Feb 15, 2008 3:23pm
Quoting Pip Hunter E
That's great. Maybe they've added some infrastructure on the U.S. side too.
Hope they will have to update their information because it is mentionned in their platform manual that you cannot change or cancel a position that is not at least 10 pips away from the market
  • #42
  • Feb 15, 2008 11:33pm Feb 15, 2008 11:33pm
Maybe it is still in effect in the american division, the european rep said they dont have it.
  • #43
  • Sep 7, 2010 4:33pm Sep 7, 2010 4:33pm
Just reviving an old thread! I'm new to all this, but since thread is a few years old, can any of you recommend a true and highly reputable ECN where I can start trading with Forex? I imagine so much has changed since two years ago and hopefully the good ones are holding true with many happy customers.
  • #44
  • Sep 7, 2010 8:58pm Sep 7, 2010 8:58pm
Quoting klrman
Just reviving an old thread! I'm new to all this, but since thread is a few years old, can any of you recommend a true and highly reputable ECN where I can start trading with Forex? I imagine so much has changed since two years ago and hopefully the good ones are holding true with many happy customers.
If you picked this thread, you already know the best answer. ;-)
  • #45
  • Sep 7, 2010 9:11pm Sep 7, 2010 9:11pm
Quoting klrman
Just reviving an old thread! I'm new to all this, but since thread is a few years old, can any of you recommend a true and highly reputable ECN where I can start trading with Forex? I imagine so much has changed since two years ago and hopefully the good ones are holding true with many happy customers.
MB Trading is still good. Interactive Brokers is another good ECN but their trading platform is horrible (bare minimum) and their customer service is not the "hand-holding type"; they expect you to be pretty self-efficient BUT their commission is pretty cheap. HotSpotFx is also good if you have $1 million to invest with them; they used to offer their services to retail traders but not anymore.

Hope this helps.
Make your losses in demo. Earn your profits live.
  • #46
  • Sep 7, 2010 11:45pm Sep 7, 2010 11:45pm
Quoting Forexia
MB Trading is still good. Interactive Brokers is another good ECN but their trading platform is horrible (bare minimum) and their customer service is not the "hand-holding type"; they expect you to be pretty self-efficient BUT their commission is pretty cheap. HotSpotFx is also good if you have $1 million to invest with them; they used to offer their services to retail traders but not anymore.

Hope this helps.

Thanks for the reply! I never knew HotSpotFx needs 1 mil up so there goes that idea. I still keep reading MB trading is not true ECN and they still on occasion trade against you. What about Dukascopy? I read that they are backed by the major swiss banks so I was hoping somebody here has used them for awhile and can comment?
  • #47
  • Sep 7, 2010 11:47pm Sep 7, 2010 11:47pm
Quoting Forexia
MB Trading is still good. Interactive Brokers is another good ECN but their trading platform is horrible (bare minimum) and their customer service is not the "hand-holding type"; they expect you to be pretty self-efficient BUT their commission is pretty cheap. HotSpotFx is also good if you have $1 million to invest with them; they used to offer their services to retail traders but not anymore.

Hope this helps.

Thanks for the reply! Any thoughts on Dukascopy? I think they are backed by the major swiss banks and are true ECN.
  • #48
  • Sep 8, 2010 6:38am Sep 8, 2010 6:38am
Quoting klrman
I still keep reading MB trading is not true ECN and they still on occasion trade against you.
LOL. Please tell, where did you read THAT?
  • #49
  • Last Post: Sep 8, 2010 10:35am Sep 8, 2010 10:35am
Quoting klrman
Thanks for the reply! Any thoughts on Dukascopy? I think they are backed by the major swiss banks and are true ECN.
I don't know much about Dukascopy. What I do know is that they are an ECN and they used to have a minimum trade size of 1 million but not anymore. You can trade standard lots with them although you get better execution if your trade size is bigger.

There is a thread on FF titled "Dukascopy" discussing about them and you can find out more reviews about them from other broker review sites such as www.forexpeacearmy.com.

Good luck!
Make your losses in demo. Earn your profits live.
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