Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Introduction and trading basics 27 replies

Introduction to Level 2 4 replies

VTTrader: How to Write Your Own VT Indicator Introduction. 0 replies

Interest Rates: An Introduction 0 replies

An introduction to spread betting 0 replies

MB Trading Futures - Introduction

Quoting jplazard
What statement would they release. Sorry you Feel upset that other firms are a bunch of criminals who operate trading departmets and use client funds
But we can assure you as a broker we are a matcher for buyer and seller and do not trade client funds. Also if your worried about your forex or any otherOTC accounts you may have with us rest assured that funds could be lost as SPIC does not cover these account types. Again we apologize for the inconvience of other firms but please regonize your not covered.
Good enough...
Now that's awesome. How about "Sorry we can't 100% guarantee your funds are safe, but just because a few brokers' management has decided to embezzle client funds and run away or kill themselves doesn't mean we will. Please believe that we won't, even though the last three firms to go under overnight said the same thing."

Seriously, what do you guys expect them to say? They can't say anything that guarantees that someone in the world won't steal funds. I would say that the best reason to use MB is because they have been around for a long time regulated by much tougher and established agencies than the NFA, such as the SEC and FINRA on the stock side. These guys win too many awards. They get mocked for random tech issues, but let's face it, as an overall broker, what do you get with them?

Top broker ratings for equities by Barron's year in and year out
Award winning execution tech that passes to FX
The first broker to let you split the spread
The first broker to go to commissions and get away from trading against

The list goes on and on. I don't know the management, so I can't exactly vouch for whether they are the type to steal all your money, but they haven't for over a decade and they seem to have their business model in the right place. The industry isn't regulated enough to protect your funds (i.e. SIPC), so they can't promise anything. But maybe after Refco, MF Global, and now PFG, people should start to realize that you need a broker with a track record, a background in being regulated, and someone that drives the industry.
PFL mt4 accounts has lost connection for almost 2 hours

no one encounter this issue?
Quoting Zkf
PFL mt4 accounts has lost connection for almost 2 hours

no one encounter this issue?
Me too,but maybe the real reason is because we both live in China.
Quoting toujitsz
Me too,but maybe the real reason is because we both live in China.
I live in Indonesia and I had the same prblem.,
Timing
Just spoke with a rep there and China and Malaysia went out on ISP which MB is not in control of they will be up shortly from what I was told as they are rebooting
Quoting jplazard
Just spoke with a rep there and China and Malaysia went out on ISP which MB is not in control of they will be up shortly from what I was told as they are rebooting
Timing
thumb up? thumb up for what?

nearly down for 6 hours now, still no connection.

Why other US brokers have no such issue, only MBT. It's time to change your ISP now, the current one have serious problems to Asia area, always have this or that issue.
Quoting Zkf
thumb up? thumb up for what?
for information
Timing
Quoting jplazard
What statement would they release. Sorry you Feel upset that other firms are a bunch of criminals who operate trading departmets and use client funds
But we can assure you as a broker we are a matcher for buyer and seller and do not trade client funds. Also if your worried about your forex or any otherOTC accounts you may have with us rest assured that funds could be lost as SPIC does not cover these account types. Again we apologize for the inconvience of other firms but please regonize your not covered.
Good enough...
Quoting wannatradefx
Now that's awesome. How about "Sorry we can't 100% guarantee your funds are safe, but just because a few brokers' management has decided to embezzle client funds and run away or kill themselves doesn't mean we will. Please believe that we won't, even though the last three firms to go under overnight said the same thing."

Seriously, what do you guys expect them to say? They can't say anything that guarantees that someone in the world won't steal funds. I would say that the best reason to use MB is because they have been around for a long time...
You're both correct We can only expect so much.

Perhaps a new thread should be started "how does your broker respond to questions regarding PFGbest?" More for fun to see what types of answers sales reps would be giving their clients.
Measure trends automatically with zero lag
No Connection.

MT4, second time today

Europe,
"Everyone gets what they want out of the market." -- Ed Seykota
Quoting toujitsz
Me too,but maybe the real reason is because we both live in China.
I live in Sweden and have the same problem, still no connection for my demo and live PFL mt4 accounts, they stopped working for about 7 hours ago.
Quoting V4X
No Connection.

MT4, second time today

Europe,

I've been able to stay connected to the price feed but the connection to perms keeps dropping and reconnecting. ****EDIT about 7 or 8 times in the last 5 hours. Definately not running smoothly for me today. (DeskTop)

Website has been on and off all morning as well... trying to check status has been hit or miss...
Quoting Crassius
I've been able to stay connected to the price feed but the connection to perms keeps dropping and reconnecting. Definately not running smoothly for me today. (DeskTop)

Website has been on and off all morning as well... trying to check status has been hit or miss...
Same with phone. Everything is broken.
"Everyone gets what they want out of the market." -- Ed Seykota
Not a good day for the folks at MB I am glad though their trade desk still has an open line.
to much time giving away money instead of putting money into tech
Quoting PoundTrader
to much time giving away money instead of putting money into tech
+1 can't agree with you more.
Quoting jplazard
Not a good day for the folks at MB I am glad though their trade desk still has an open line.
It does appear that we had an ISP issue that affected the website, phones, and the PFL servers for a bit overnight. However, everything has long since been fixed, except there seems to be a secondary issue related to Asia.
Quoting Zupra
I live in Sweden and have the same problem, still no connection for my demo and live PFL mt4 accounts, they stopped working for about 7 hours ago.
13 hours and still no connection..
Quoting Zupra
13 hours and still no connection..
I was missing about 30 minutes of chart data when I got up (that has since been fixed) and no issues other than that. Connected fine and trading fine all morning.
FXChant Singing the World of Forex
Quoting fxchant
I was missing about 30 minutes of chart data when I got up (that has since been fixed) and no issues other than that. Connected fine and trading fine all morning.
mt4 live still down, no new quotes, MT4 says connected
1 trader viewing now