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MB Trading Futures - Introduction

  • #7,341
  • May 11, 2011 11:20am May 11, 2011 11:20am
a market order should be executed immediately even allowed some slippages(be set to 1-3pips),but should not be delay executed for some secs.
  • #7,342
  • May 11, 2011 11:32am May 11, 2011 11:32am
which do you use ,mt4 or desktop pro?

Quoting blueJ
I'd like to share my experience scalping forex with MBT....
  • #7,343
  • May 11, 2011 3:35pm May 11, 2011 3:35pm
Roughtrader,

When is this suppose to be or the ETA? I don't see it here yet - http://www.mbtrading.com/forexDeposits.aspx

Quoting roughtrader
The ability to deposit and withdraw with credit card is really great,
I never saw that coming, it make it so much easyer,
it's nice to see improvements at MBT,
  • #7,344
  • May 11, 2011 4:19pm May 11, 2011 4:19pm
Quoting pinoyboy
Roughtrader,

When is this suppose to be or the ETA? I don't see it here yet - http://www.mbtrading.com/forexDeposits.aspx
It's here:
Attached Image (click to enlarge)
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  • #7,345
  • May 12, 2011 1:38am May 12, 2011 1:38am
Quoting kendi
The delay,disconnection ,no quotes of excution is for mt4 or nav(desktop)?
it's for the MT4 platform,
the other platform actually works better
I never got re-qoutes with the MBT desktop,
or any other issue, maybe little slow some time,
but the MT4 really killed me,
I made many calls to the support
when the software did not respond to my commands,,
could not exit trades, etc, re-qoutes re-qoutes
trade context is busy and such messages all the time,
that made me question their honesty about not trading against their customers,
because they shown all the syptoms of a bucketshop,
I was very angry at the time,
anyway now I know it's probably just bad code in the MT4,
the coder at MBT who was messing with the MT4 definitely did not do a good job,
now I only use the the MBT desktop,
but I would like to use MT4 in the future if they can
guarantie this will not happend again.
I find MBT to be a good broker overall,
but they do have issues I hope they improve on in the future
specially the MT4 platform,
I have high hopes for the new web platform though,
this shows it's going the right way and thats good.
and also being able to deposit with creditcards,
it's going forward, LOOKS GOOD
Bulls are stupid Animals!especially when Im short!
  • #7,346
  • May 12, 2011 3:28am May 12, 2011 3:28am
Quoting smittens4212
mdiz2, I don't use MT4 so I can't specifically comment on that platform, but I know that when I hit a deadzone / lose my connection briefly, there will be small gaps on Desktop Pro. Is it possible you are losing your connection intermittently and it's causing these gaps?



Oh yes, I'm sure they are intentionally making MT4 have issues. Pissing off your clients is after all a great way to get them to invest more money with you, am I right?
It has nothing to so with my connection. If it was the problem I would have gaps on all pairs. The last time I had this problem I called support and they said that my stop order sat on the market for 24 seconds after being triggered amd then it was executed at a big loss after a big gap. He said sorry it happened but not our problem.
  • #7,347
  • May 12, 2011 5:09am May 12, 2011 5:09am
"never got re-qoutes with the MBT desktop,".then how about the slippage in this fast market condition,1-3pips or how much?

Quoting roughtrader
it's for the MT4 platform,
the other platform actually works better
I never got re-qoutes with the MBT desktop,
or any other issue, maybe little slow some time,
but the MT4 really killed me,
I made many calls to the support
when the software did not respond to my commands,,
could not exit trades, etc, re-qoutes re-qoutes
trade context is busy and such messages all the time,
that made me question their honesty about not trading against their customers,
because they shown all the syptoms of a bucketshop,
I was very angry at the time,
anyway now I...
  • #7,348
  • May 12, 2011 8:54am May 12, 2011 8:54am
Quoting smittens4212


Oh yes, I'm sure they are intentionally making MT4 have issues. Pissing off your clients is after all a great way to get them to invest more money with you, am I right?
http://www.forexfactory.com/showpost...postcount=7345
  • #7,349
  • May 12, 2011 10:44am May 12, 2011 10:44am
Quoting wwwin
http://www.forexfactory.com/showpost...postcount=7345
Wwwin,

Well, I guess if one person said it on a board, it must be true. Of course we don’t intentionally make Meta work badly, as smittens4212 said, what would be the point? It’s 8 year old software that we can’t recode, so the other post that you referenced is also incorrect…no one here at MBT is coding MT4. And regarding your earlier post, I ask people to send me their account details in private so that I can look at issues that they might have. I suppose you would prefer if they post their real names and account numbers for all to read?
  • #7,350
  • Edited 11:28pm May 12, 2011 11:35am | Edited 11:28pm
Quoting jleblang
Wwwin,

Well, I guess if one person said it on a board, it must be true. Of course we don’t intentionally make Meta work badly, as smittens4212 said, what would be the point? It’s 8 year old software that we can’t recode, so the other post that you referenced is also incorrect…no one here at MBT is coding MT4. And regarding your earlier post, I ask people to send me their account details in private so that I can look at issues that they might have. I suppose you would prefer if they post their real names and account numbers for all to read?
Show me the post where I said you intentionally made MT4 badly? Never said that. Smitten4212 said that not me. I guess if one of the cheerleaders says it, it must be true, right? This thread is about the cheerleaders misquoting what anybody that has an issue writes. And the worst part is that you condone and encourage that type of behavior. Not what a company rep should be involved in.

There is nothing wrong with the way MT4 is coded by MetaQuotes. It actually is a bug free program. What is wrong is the way MBTrading implements MT4.

People having issues obviously would not post their account no. or real name on a public board, but they absolutely have the right and should be allowed to post the problems that they have without being muted and harrassed.

And what is the point of sending it privately if you don't respond either. http://www.forexfactory.com/showpost...postcount=7351
  • #7,351
  • May 12, 2011 6:37pm May 12, 2011 6:37pm
Quoting jleblang
Wwwin,

Well, I guess if one person said it on a board, it must be true. Of course we don’t intentionally make Meta work badly, as smittens4212 said, what would be the point? It’s 8 year old software that we can’t recode, so the other post that you referenced is also incorrect…no one here at MBT is coding MT4. And regarding your earlier post, I ask people to send me their account details in private so that I can look at issues that they might have. I suppose you would prefer if they post their real names and account numbers for all to read?
I sent you information via email and never heard back from you. That was 4 days ago.
  • #7,352
  • May 13, 2011 5:35am May 13, 2011 5:35am
I just started trading the MT4 platform with MB and noticed I'm always getting filled 2-5 pips past my order price. Pending orders are getting me in a little closer to my desired price but still not the execution I'm used to with another broker. This happens even when there is no news. Yesterday I waited a good 10 seconds to get a market order filled around 10:00 EST with no news in sight. I've already heard the excuse about MB being an ECN. My question is how do you guys cope with this. Is there a better way to place an order. I realize pending orders are better. I'm considering the desktop pro platform. Is the execution time any faster with that platform compared to MT4? thank you
  • #7,353
  • May 13, 2011 9:41am May 13, 2011 9:41am
Quoting Toothman
I just started trading the MT4 platform with MB and noticed I'm always getting filled 2-5 pips past my order price. Pending orders are getting me in a little closer to my desired price but still not the execution I'm used to with another broker. This happens even when there is no news. Yesterday I waited a good 10 seconds to get a market order filled around 10:00 EST with no news in sight. I've already heard the excuse about MB being an ECN. My question is how do you guys cope with this. Is there a better way to place an order. I realize pending...
Execution is the same for both platforms, but there is no reason you should experience what you have described. Please email me your acct # so we can look closer.
  • #7,354
  • May 13, 2011 9:44am May 13, 2011 9:44am
Quoting mdiz2
I sent you information via email and never heard back from you. That was 4 days ago.
mdiz,

I've been CC'd on multiple emails to you from Chris, the last sent 05.09.2011 at 8pmEST. I have just resent it to you.
  • #7,355
  • May 13, 2011 10:12am May 13, 2011 10:12am
Quoting jleblang
Execution is the same for both platforms, but there is no reason you should experience what you have described. Please email me your acct # so we can look closer.
Oh really? I have been getting slippage of up to 1.3 pips on some of my pending orders. I thought maybe it had to do with the fact I was using .10 lot size.

Are you saying this should not happen?

Thanks Justin!
Could it be Man is trying to be something without knowing they're complete?
  • #7,356
  • May 13, 2011 11:46am May 13, 2011 11:46am
Quoting Toothman
I just started trading the MT4 platform with MB and noticed I'm always getting filled 2-5 pips past my order price. Pending orders are getting me in a little closer to my desired price but still not the execution I'm used to with another broker. This happens even when there is no news. Yesterday I waited a good 10 seconds to get a market order filled around 10:00 EST with no news in sight. I've already heard the excuse about MB being an ECN. My question is how do you guys cope with this. Is there a better way to place an order. I realize pending...
You can put Limits on your fills in Desktop Pro to control slippage. MT4 doesn't allow this.
  • #7,357
  • May 13, 2011 11:55am May 13, 2011 11:55am
Quoting Numb3rs
Oh really? I have been getting slippage of up to 1.3 pips on some of my pending orders. I thought maybe it had to do with the fact I was using .10 lot size.

Are you saying this should not happen?

Thanks Justin!
Numb3rs,

From his post: “I’m always getting filled 2-5 pips past my order price.”

Of course that should not happen, and I’d like to see it. Always is a strong word.

First of all, on a Pending Limit order, you can’t get filled past your price.

On a Pending Stop order, then sure, you could get some slippage on some orders depending on the market at the time, but it shouldn’t be all orders and it certainly shouldn’t be 2-5 pips every time. You said in your post “up to 1.3 pips.” OK, so if that means that sometimes you get filled right about at the number and you’ve seen fills in some cases up to 1.3 pips past the stop, I could accept that. But that isn’t what he said at all. He said “2-5 pips” and “always.”
  • #7,358
  • May 13, 2011 12:02pm May 13, 2011 12:02pm
I'm assuming your pending orders are stop orders and those are getting slipped. Stop order by definition is a market order that may/may not execute at the trigger price. This is true and any market for any instrument regardless of executing broker.

Quoting Numb3rs
Oh really? I have been getting slippage of up to 1.3 pips on some of my pending orders. I thought maybe it had to do with the fact I was using .10 lot size.

Are you saying this should not happen?

Thanks Justin!
  • #7,359
  • May 13, 2011 12:08pm May 13, 2011 12:08pm
Quoting fiberangel
I'm assuming your pending orders are stop orders and those are getting slipped. Stop order by definition is a market order that may/may not execute at the trigger price. This is true and any market for any instrument regardless of executing broker.
Yes I realize that. That is why I was wondering why Justin said it shouldn't happen. I probably just misunderstood him. Yup I did!

Anyway thank you for your response.
Could it be Man is trying to be something without knowing they're complete?
  • #7,360
  • May 13, 2011 2:00pm May 13, 2011 2:00pm
Quoting jleblang
mdiz,

I've been CC'd on multiple emails to you from Chris, the last sent 05.09.2011 at 8pmEST. I have just resent it to you.
justin is this tru you now except credit card / debit card for deposits?
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