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MB Trading Futures - Introduction

  • #6,681
  • Mar 7, 2011 6:40am Mar 7, 2011 6:40am
Quoting signorx
In my opinion MBT is currently the most economical solution, what other ECN brokers are more cheaper? Perhaps Dukaskopy but only if you tread very much (more than 25M lots) or if you have a lot of money ($ 50K) and this if you make 2 market order per round. If instead like 99% of times you make a market order and a limit order per round is even more true. Infact fees become $29.5 - $19.5 = $ 10 per round (1M treaded), for these commissions with Dukascopy you must have a $10M account or trade 4Bilions dollars.
Are you using MBT now? If so, how is their speed of execution and order fill? Any problem with their MT4 connectivity? I'm looking for a broker now.
  • #6,682
  • Mar 7, 2011 7:14am Mar 7, 2011 7:14am
Quoting $$Trader
Are you using MBT now? If so, how is their speed of execution and order fill? Any problem with their MT4 connectivity? I'm looking for a broker now.
Yes i'm usging MBT but with Desktop Pro Platform. Spread is good 0.8/0.7 on EUR/USD and execution is really fast!
  • #6,683
  • Mar 7, 2011 8:36am Mar 7, 2011 8:36am
Quoting signorx
Yes i'm usging MBT but with Desktop Pro Platform. Spread is good 0.8/0.7 on EUR/USD and execution is really fast!
I am trying out their Desktop Pro Demo and I find it very confusing and troublesome to use. I prefer MT4 but I am not sure if their MT4 is as fast or not.
  • #6,684
  • Mar 7, 2011 1:22pm Mar 7, 2011 1:22pm
Quoting $$Trader
I am trying out their Desktop Pro Demo and I find it very confusing and troublesome to use. I prefer MT4 but I am not sure if their MT4 is as fast or not.
You might also want to try out NinjaTrader. Much better charting than desktop and system development in the free version, and auto trading possible in the paid version.

MT4 is a piece of s***. I understand some people are using multicharts as well... haven't tried it myself.

Just to make you aware that there are other choices beyond Desktop and MT4.

That said, you should put the effort into learning Desktop. One of MB's advantages is it wide order type selection. Might be confusing if all you have been exposed to is MT4, but you'll quickly catch on.
  • #6,685
  • Mar 7, 2011 3:21pm Mar 7, 2011 3:21pm
Quoting Crassius
MT4 is a piece of s*** ..
lol
  • #6,686
  • Edited 4:49pm Mar 7, 2011 3:27pm | Edited 4:49pm
Quoting Crassius
You might also want to try out NinjaTrader.
Definitely. So much better than MT4.

Quoting Crassius
That said, you should put the effort into learning Desktop. One of MB's advantages is it wide order type selection. Might be confusing if all you have been exposed to is MT4, but you'll quickly catch on.
Yes. Charting on Ninja Trader; Trading on Desktop. A good combo for trading with MBT.
  • #6,687
  • Mar 7, 2011 4:30pm Mar 7, 2011 4:30pm
That's another joke. Trading is disabled now for more than 40 minutes on real account. Your service is getting worse week after week.
  • #6,688
  • Mar 7, 2011 4:31pm Mar 7, 2011 4:31pm
Quoting pavikogm
That's another joke. Trading is disabled now for more than 40 minutes on real account. Your service is getting worse week after week.
why? I send trade and get no connection but MT4 is connected...what the heck is going on here. This is real account.
  • #6,689
  • Mar 7, 2011 5:18pm Mar 7, 2011 5:18pm
80 minutes and still counting. And it was meant to be reputable broker. I'm curious who will refund my loss when SL will hit on my opened positions, because TP was allready hit several times during this severe service downtime. That's really frustrating. Lack of words....
  • #6,690
  • Mar 7, 2011 5:48pm Mar 7, 2011 5:48pm
Quoting pavikogm
80 minutes and still counting. And it was meant to be reputable broker. I'm curious who will refund my loss when SL will hit on my opened positions, because TP was allready hit several times during this severe service downtime. That's really frustrating. Lack of words....
Everything fine here and working. Have you called them? Sounds like you might have a live trade problem, but you have to call them to fix live trade issues. Don't wait for someone to respond over a public forum.
  • #6,691
  • Edited 6:15pm Mar 7, 2011 6:02pm | Edited 6:15pm
6PM CST time and the same issue....can't close my LIMIT order. I thought MBT was reliable.

MBT likes to make "changes" to LIVE and DEMO after market close of US session, but this is absurd.
  • #6,692
  • Mar 7, 2011 6:10pm Mar 7, 2011 6:10pm
I'm having problems too. Desktop pro connects, quotes & charts fine, but then account balance won't load, so can't place or manage trades. Seems like a problem at the MB end.
  • #6,693
  • Mar 7, 2011 6:10pm Mar 7, 2011 6:10pm
Same deal here. Just tried placing an order....."No connection"
  • #6,694
  • Mar 7, 2011 6:22pm Mar 7, 2011 6:22pm
I am getting tired of 2+ hours of no connection on live MT4 when I have 2 open trades....maybe this crap about low spread and pay per limit is not worth it anymore. You would think the rep would come on post something about what is going on.
  • #6,695
  • Mar 7, 2011 6:28pm Mar 7, 2011 6:28pm
Ditto
  • #6,696
  • Mar 7, 2011 6:31pm Mar 7, 2011 6:31pm
The chat rep said that they are experiencing "extended rollover" today....this is a joke
  • #6,697
  • Mar 7, 2011 6:44pm Mar 7, 2011 6:44pm
Fully functional here now.
  • #6,698
  • Mar 7, 2011 7:07pm Mar 7, 2011 7:07pm
I am trying to delete the entry for LIMIT order but now it says Off quotes. I've even restarted the machine AND tried from another laptop - same thing. Let's go MBT.
  • #6,699
  • Mar 7, 2011 7:27pm Mar 7, 2011 7:27pm
yup,MBT' live acct is still down! looking bad!!
  • #6,700
  • Mar 7, 2011 7:49pm Mar 7, 2011 7:49pm
Isn't anyone contacting MBT by their online chat or picking up the phone?

Not good PR for MBT regardless (being down), but it's unrealistic to expect real-time solutions in a 3rd party forum.

For any that do resolve or contact MBT, it would be valuable to post back here with what the closure and reason was.
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