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MB Trading Futures - Introduction

  • #9,841
  • Aug 16, 2012 1:15pm Aug 16, 2012 1:15pm
Quoting Crassius
And can we switch back if we decide its ugly over in Free land?
exactly
"hey hey what can I do"
  • #9,842
  • Aug 16, 2012 1:38pm Aug 16, 2012 1:38pm
Quoting roldreth
Do you charge for that swiching?
No charge for switching. You have to be flat to switch and it will not take effect until rollover (5 pm EST).

Certain accounts may be restricted from switching, such as accounts under IBs. A newsletter with details will be coming out over the weekend, but I wanted to post this here so that those that wanted to could get started.
  • #9,843
  • Aug 20, 2012 2:13am Aug 20, 2012 2:13am
Someone on this board.. can't remember who... had written some code to track spreads on the Free and PFL sides when Free was introduced on MT4, so they could be compared.

I would be interested in seeing the same comparison now that both plans are available on DeskTop.
  • #9,844
  • Edited 6:34am Aug 20, 2012 6:30am | Edited 6:34am
Quoting Crassius
Someone on this board.. can't remember who... had written some code to track spreads on the Free and PFL sides when Free was introduced on MT4, so they could be compared.

I would be interested in seeing the same comparison now that both plans are available on DeskTop.
you can compare live and also past average spreads here
I'm not insane; my mother had me tested.
  • #9,845
  • Aug 20, 2012 6:32am Aug 20, 2012 6:32am
Quoting RoBiK
you can compare live and also past average spreads here

Thanks Robik.... link not working at this time though.

Now it is Thanks again.
  • #9,846
  • Aug 20, 2012 6:35am Aug 20, 2012 6:35am
Quoting Crassius
Thanks Robik.... link not working at this time though.
sorry about that, i missed a character in the address, it is fixed now.

here it is one more time.
I'm not insane; my mother had me tested.
  • #9,847
  • Aug 21, 2012 7:33am Aug 21, 2012 7:33am
I tried today to place limit orders with the new account type Desktop pro and free EXN, and my orders didn't appeared in the market depth, even if they were placed in the spread.
But on MBT website, I read :"Commission Free EXN: Offering slightly wider pricing with no commission fees, but still allows you to post your Limit orders to be immediately reflected to the market for others to hit".

And : "An order resting on our limit book display is not held by us for execution when that price trades.—compare that to other brokers. They may allow you to enter prices away from the market but the true test is whether or not they display them to other clients well before they are triggered."

Does anybody else have the same issue ?
  • #9,848
  • Aug 21, 2012 10:02am Aug 21, 2012 10:02am
Quoting tradeoffice
I tried today to place limit orders with the new account type Desktop pro and free EXN, and my orders didn't appeared in the market depth, even if they were placed in the spread.
But on MBT website, I read :"Commission Free EXN: Offering slightly wider pricing with no commission fees, but still allows you to post your Limit orders to be immediately reflected to the market for others to hit".

And : "An order resting on our limit book display is not held by us for execution when that price trades.—compare that to other brokers. They may allow...
Tradeoffice,

Any limit order on either model should display as the bid or ask in the quote. Can you private message me your account number and an example trade ID and I will check the trades?
  • #9,849
  • Aug 22, 2012 12:58am Aug 22, 2012 12:58am
Quoting jleblang
No charge for switching. You have to be flat to switch and it will not take effect until rollover (5 pm EST).

Certain accounts may be restricted from switching, such as accounts under IBs. A newsletter with details will be coming out over the weekend, but I wanted to post this here so that those that wanted to could get started.
thx
"hey hey what can I do"
  • #9,850
  • Aug 22, 2012 3:34pm Aug 22, 2012 3:34pm
Justin,



Do I also get paid for marketable limit orders ?

market is at 1.3000/1.3001 and I place buy limit order of 1.3005
  • #9,851
  • Aug 22, 2012 3:59pm Aug 22, 2012 3:59pm
Quoting Forexeurusd
Justin,



Do I also get paid for marketable limit orders ?

market is at 1.3000/1.3001 and I place buy limit order of 1.3005
No you have to be ADDING liquidity.
  • #9,852
  • Aug 23, 2012 8:13am Aug 23, 2012 8:13am
Quoting Forexeurusd
Justin,



Do I also get paid for marketable limit orders ?

market is at 1.3000/1.3001 and I place buy limit order of 1.3005
No, only non-marketable limit orders receive a payment. Non-marketable refers to a an order which is not immediately executable and rests on the internal limit order book for some period of time, thus adding liquidity when another order of equal or greater value fills with the resting order.
  • #9,853
  • Aug 23, 2012 8:14am Aug 23, 2012 8:14am
All,

Effective today, you can now create an MT4 Demo in either our Pay for Limits or Free EXN environments and trade the account immediately. You no longer need to wait until the next 5 pm EST rollover to start trading.
  • #9,854
  • Aug 23, 2012 10:05am Aug 23, 2012 10:05am
MB should allow traders to hold accounts in AUD. I'm surprised you don't already.
  • #9,855
  • Aug 26, 2012 11:12pm Aug 26, 2012 11:12pm
I just signed in pay for limits program and was wondering if I can follow from MBT site how much rebate have been accumulate. Also I was wondering when MBT pays the rebate (weekly, monthly, quarterly) ?
  • #9,856
  • Aug 26, 2012 11:20pm Aug 26, 2012 11:20pm
Quoting kalastaja
I just signed in pay for limits program and was wondering if I can follow from MBT site how much rebate have been accumulate. Also I was wondering when MBT pays the rebate (weekly, monthly, quarterly) ?
It gets credited to your account immediately. If you look at your account through the various reports that are available on the website, you'll see it shows up in the Commission column of the Profit and Loss report for example. It is also on other reports.
  • #9,857
  • Aug 26, 2012 11:43pm Aug 26, 2012 11:43pm
All right, I need to run through friday reports. Thank's for reply.
  • #9,858
  • Aug 27, 2012 10:33am Aug 27, 2012 10:33am
Quoting kalastaja
I just signed in pay for limits program and was wondering if I can follow from MBT site how much rebate have been accumulate. Also I was wondering when MBT pays the rebate (weekly, monthly, quarterly) ?
You get the rebate at the time each trade is executed. You can just follow it in your statements.
  • #9,859
  • Aug 31, 2012 7:36am Aug 31, 2012 7:36am
Am I having a flash back today or is MB Trading's EURUSD quote feed running 3 -4 minutes behind the rest of the market?

At times we are 20+ pips off IBFX and Oanda...

I can watch price in those two and 3 - 4 minutes later MB trades at their price.


DeskTop PFL
  • #9,860
  • Aug 31, 2012 7:59am Aug 31, 2012 7:59am
  •  s7c
  • | Joined Mar 2011 | Status: try and fail but don't fail to try | 289 Posts
k, that's 4 time when i can't close a trade using MBT desktop pro platform.
i just called them because their quotes were delayed, they were 10 pips above or below market compared with the other platforms. when reported they had no idea about this and during this time i could not close the remain of my position and till i got transferred to the trading desk and of course till i tell them my acc nr and waited on hold they closed my trade with a difference of around 40pips and hang up the phone!!!
even if they would have agree to give me the difference back they do that in returning your commissions which i never get them back in previous 3 instances...
so i got sick of them, there is not a forex broker reliable anymore? can i make an official complain somewhere?
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