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MB Trading Futures - Introduction

  • #8,321
  • Oct 25, 2011 1:08am Oct 25, 2011 1:08am
Hello Justin，

Could you help me figure out some questions?
1. If we use free ECN plan in Mt4, does the quotes in MT4 are the same as MBT Desktop?
2. If we use free ECN plan, where does the IB get the commission?(In China, IB get 20% from the total commission.)

Thank you.
  • #8,322
  • Oct 25, 2011 4:27pm Oct 25, 2011 4:27pm
Justin,

What is up with the swap rates these days? They seem a lot higher than I remember them being? I had an open trade on the EUR/AUS last week for 1 mini lot and the swap was -$6.82 for the day! Any input on this?
  • #8,323
  • Oct 25, 2011 7:08pm Oct 25, 2011 7:08pm
Quoting distantpulse
Justin,

What is up with the swap rates these days? They seem a lot higher than I remember them being? I had an open trade on the EUR/AUS last week for 1 mini lot and the swap was -$6.82 for the day! Any input on this?
  • #8,324
  • Oct 25, 2011 10:58pm Oct 25, 2011 10:58pm
Quoting PoundTrader
Yeah, I honestly couldn't believe it when I saw it. I have the same pair/same size lot open right now and today rolled over for -$2.30 which I still think its a bit high no? Luckily it's up a 107 pips right now. lol
  • #8,325
  • Oct 26, 2011 9:52am Oct 26, 2011 9:52am
Bought USD/JPY
Decided to close my position
Clicked close when price was stable, just consolidated in a tight range
Stuck at "Order is accepted" for ~3 minutes
Price moves against me and I am closed at -5 pips

Seriously?
"Everyone gets what they want out of the market." -- Ed Seykota
  • #8,326
  • Oct 26, 2011 12:39pm Oct 26, 2011 12:39pm
Quoting distantpulse
Yeah, I honestly couldn't believe it when I saw it. I have the same pair/same size lot open right now and today rolled over for -$2.30 which I still think its a bit high no? Luckily it's up a 107 pips right now. lol
Sounds to me like your first day of rollover was a Wednesday, which is always triple charge.
  • #8,327
  • Oct 26, 2011 3:46pm Oct 26, 2011 3:46pm
Quoting IndyTrader
Sounds to me like your first day of rollover was a Wednesday, which is always triple charge.

Actually I did place the trade on Wednesday.....I didn't realize it is always triple charge though.
  • #8,328
  • Oct 26, 2011 4:15pm Oct 26, 2011 4:15pm
Wednesday accrues the Saturday and Sunday rollover interest, in addition to its own, hence the 3x; just a normal function of the market.
  • #8,329
  • Oct 27, 2011 9:38am Oct 27, 2011 9:38am
Quoting Ivy
Hello Justin，

Could you help me figure out some questions?
1. If we use free ECN plan in Mt4, does the quotes in MT4 are the same as MBT Desktop?
2. If we use free ECN plan, where does the IB get the commission?(In China, IB get 20% from the total commission.)

Thank you.
Ivy,

1) No, Desktop cannot show the new quote feed.
2) There are currently no IB plans on the new feed.
  • #8,330
  • Oct 27, 2011 9:38am Oct 27, 2011 9:38am
Quoting distantpulse
Justin,

What is up with the swap rates these days? They seem a lot higher than I remember them being? I had an open trade on the EUR/AUS last week for 1 mini lot and the swap was -$6.82 for the day! Any input on this?
Please private message me your account number and I will have a look. Was this swap rate the same on both Desktop and MT4 side?
  • #8,331
  • Oct 28, 2011 10:30pm Oct 28, 2011 10:30pm
It seems that the MBTRADING does not confess the www.tradembt.eu is its division branch.There is no any announcement on the homepage of www.mbtrading.com.
  • #8,332
  • Oct 28, 2011 10:43pm Oct 28, 2011 10:43pm
Quoting jleblang
Please private message me your account number and I will have a look. Was this swap rate the same on both Desktop and MT4 side?
hey justin is there a way i can use currenex viking trading with you guys i realy likie this platform, let me know ASAP. THANKS
  • #8,333
  • Oct 29, 2011 4:10am Oct 29, 2011 4:10am
Quoting therefor
It seems that the MBTRADING does not confess the www.tradembt.eu is its division branch.There is no any announcement on the homepage of www.mbtrading.com.
yes there is... for example: http://www.mbtrading.com/mbt/email/m...ingGlobal.html
I'm not insane; my mother had me tested.
  • #8,334
  • Oct 29, 2011 11:15am Oct 29, 2011 11:15am
When I open the websize www.mbtrading.com,which should i click so that i can be directed to the websize http://www.mbtrading.com/mbt/email/ for that announcement?
The announcement is not declared publicly,but just an email sent to the exgist customers.

Quoting RoBiK
yes there is... for example: http://www.mbtrading.com/mbt/email/m...ingGlobal.html
  • #8,335
  • Oct 29, 2011 11:42am Oct 29, 2011 11:42am
Quoting therefor
When I open the websize www.mbtrading.com,which should i click so that i can be directed to the websize http://www.mbtrading.com/mbt/email/ for that announcement?
The announcement is not declared publicly,but just an email sent to the exgist customers.
As i clearly stated it was an example... you could have found several other references to MBT UK on the www.mbtrading.com website, but i guess it is easier to come here and make some claims than actually look around on the website.

Anyway... here you go:

http://www.mbtrading.com/faq.aspx
Quote
What is the leverage amount available to me?

50:1 in the US. MB Trading UK will offer 100:1 leverage to international (non-US) clients only.

http://www.mbtrading.com/uac.aspx
Quote
Note that if you are outside of the United States and would like to open an account with our MB Trading UK entity to get 100:1 leverage and hedging, click the yellow box that you see below or click HERE.

http://mbtrading.com/disclaimerPP.aspx
Quote
An affiliate is a company that we own or control or with which there is common ownership with us and our parent company. MB Trading, MB Trading Futures, Inc., WGAL, LLC, and MBT Financial UK Ltd., are affiliates of each other.
I'm not insane; my mother had me tested.
  • #8,336
  • Oct 29, 2011 6:22pm Oct 29, 2011 6:22pm
I means the announcement about "the MBTRADING confess the www.tradembt.eu is its division branch" is not declared in public on the homepage.

Quoting RoBiK
yes there is... for example: http://www.mbtrading.com/mbt/email/m...ingGlobal.html
  • #8,337
  • Oct 30, 2011 2:48am Oct 30, 2011 2:48am
Quoting therefor
I means the announcement about "the MBTRADING confess the www.tradembt.eu is its division branch" is not declared in public on the homepage.
I don't wan to be rude, but this is just silly... your claims can be easily disproved. The official announcement was made on August 17, 2011 and it can be still found in the news section of the homepage.

http://www.mbtrading.com/news.aspx

Quote
(El Segundo, CA) – August 17, 2011 – Manhattan Beach Trading Financial Services, Inc. and MB Trading Futures, Inc. (collectively referred to as “MB Trading”), a technology-driven, low-commission brokerage specializing in order routing in Forex, Equities, Futures, and Options through various global exchanges and electronic networks, announced today that their FSA-regulated affiliate, MBT Financial UK Limited (MB Trading UK) is now open and accepting new clients.

“This is a very exciting accomplishment for MB Trading,” said Ross Ditlove,...
I'm not insane; my mother had me tested.
  • #8,338
  • Oct 30, 2011 8:04am Oct 30, 2011 8:04am


Yesterday (and today) I have the problem that my forex platform cannot log on: get msg connect failed, old version, live update started because current version is out of date,,,but then never updates or loads new version...Anyone else experiencing this problem..Im considering changing brokers!! any recommendayions
  • #8,339
  • Oct 30, 2011 10:14am Oct 30, 2011 10:14am
Quoting therefor
I means the announcement about "the MBTRADING confess the www.tradembt.eu is its division branch" is not declared in public on the homepage.

Therefor,

I don’t really understand what you mean. These are two separate entities that share a technology. Just to be clear…

www.mbtrading.com is a US-based SEC/FINRA-regulated US stocks/options/futures brokerage with a side US entity MB Trading Futures also known as MBT Forex which is an NFA/CFTC regulated (US again) Forex broker. Thus, information about those entities which are all US-based fall under the www.mbtrading.com URL and website.

We also have a FSA-regulated entity in the UK, which is www.mbtrading.co.uk and operates as MB Trading UK. There is no www.mbtrading.eu, which you referenced. That last entity is based out of the UK and has an entirely different set of regulations (but shares the same technology as the US FX brokerage).

Because these entities are registered and regulated under totally separate bodies, they have to have separate websites and cannot be overlapped beyond loose references. So what is your point?
  • #8,340
  • Oct 30, 2011 10:15am Oct 30, 2011 10:15am
Quoting sfg7th


Yesterday (and today) I have the problem that my forex platform cannot log on: get msg connect failed, old version, live update started because current version is out of date,,,but then never updates or loads new version...Anyone else experiencing this problem..Im considering changing brokers!! any recommendayions
sfg7th -

Have you tried to download the latest build?

http://www.mbtrading.com/mbtDesktopPro.aspx
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