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MB Trading Reviews

This is a discussion on MB Trading Reviews within the Forex Broker Reviews section, part of the Forex Reviews category; MB Trading INFO MB Trading is a broker based in El Segundo, CA, USA and was founded in 1999. MB ...


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Member rating

Customer Support
80%80%80%
4.0
Honesty
100%100%100%
5.0
Quality of Execution
100%100%100%
5.0
Platform Features
70%70%70%
3.5
2 users rated 88% average
MB Trading Reviews
MB Trading Reviews
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Published by TheForexReviewer
08-08-2007
Default MB Trading Reviews

MB Trading INFO

MB Trading is a broker based in El Segundo, CA, USA and was founded in 1999. MB Trading is registered as a Future Commission Merchant with the Commodity Futures Trading Commission and a is a member of the National Futures Association (ID#0315389).

MB Trading SPECIFICATIONS
Spread on Majors*
EUR/USDas low as 0.5 pips
USD/JPYas low as 0.5 pips
USD/CHFas low as 0.5 pips
GBP/USDas low as 0.5 pips
USD/CADas low as 0.5 pips
AUD/USDas low as 0.5 pips
*Spreads during normal market conditions
AVAILABLE TYPE OF ACCOUNTS & LEVERAGE
Demo AccountYes
Universal AccountYes, both mini and standard transactions available in the same platform. US$400 to open and up to 100:1 leverage
COMMISSIONS
USD based currenciesUS$10* round trip
Non-USD based currencies around USD$13.34* round trip
*Trading Standard lots
OTHER INFORMATION
PlatformMBT Navigator – Windows based platform
Supported LanguagesEnglish
Accepted DepositsWire transfer and Checks


How to rate this broker?

Customer service: are they efficient and willing to help on any issue?
Honest: Did they delivered what they were supposed to?
Trading Execution: evaluate slippage, requotes, etc.
Platform Features: Platform capabilities such as trailing stop, OCO orders, one click dealing, etc.

IMPORTANT NOTE: Please post only if you are going to rate this broker, everything else about this company please discuss it at our Forex Services Discussion Forum.

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  #1 (permalink)  
By Abe on 09-27-2007, 06:26 PM
Member reviews
Customer Support
80%80%80%
4
Honesty
100%100%100%
5
Quality of Execution
100%100%100%
5
Platform Features
60%60%60%
3
Average 85%
Default best forex broker

This review has been useful for 1 trader(s).
MB Trading is a non-dealing-desk broker executing your trades through a ECN. This is what I call a Forex broker, they only show you the prices banks and institutions are willing to deal, and you decide whether to take it or not. Not like most brokers creating the little fake market (money makers).

Since I opened my account with MB trading I have been the happiest trader in the world. Im far better paying a commission than hundreds of pips in slippage. Spreas are usually tight.

They could improve their trading platform though (a little unfriendly).
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  #2 (permalink)  
By yosi on 11-29-2007, 01:33 PM
Member reviews
Customer Support
80%80%80%
4
Honesty
100%100%100%
5
Quality of Execution
100%100%100%
5
Platform Features
80%80%80%
4
Average 90%
Default so far the best one I have tried

This review has been useful for 1 trader(s).
So far, MB Trading is the best broker I have tried, good execution even during highly volatile periods but they could improve in their customer service, sometimes it takes a while to get one email answered. Maybe a charting package addition would be excellent
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