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MB Trading reviews




Average: 3.5 based on 4 reviews
3.5

MB Trading

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Website: http://www.mbtrading.com

MB Trading Forex broker reviews


MB Trading claims to provide the following advantages:

  • No dealing desk, ECN trading
  • Spreads as low as 0.5 pips
  • 100:1 margin leverage
  • Min deposit $400
  • Low commissions: $2.95 per $100 000 of currency traded.
  • Mini trading available. Place trades as small as 1 lot (Micro Lot = 1,000)
  • Advanced Orders: TTO, Trailing Stop, Timed orders and more.
  • Trading Platforms: Navigator, MT4, Nav Web, Mobile coming soon
  • Over 20 currency pairs to trade.

MB Trading is regulated and audited by:
MB Trading is a member FINRA, SIPC. MB Trading Futures, Inc. (MBTF) is CFTC registered FCM and member of NFA ##0299399, 0315389.


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REVIEWS & RATINGS

Rating interpetation

FX4Freedom

January 18, 2010



5 years Total
7 months live with this Broker
5


Agree with the last poster, MB Trading is a legit broker who so far as offered me superior trading services. I've been using MT4 live since June (original beta tester), and while it had its moments during beta, it has been working great for the last couple months. I think their commissions are very reasonable, execution top-notch and spreads constantly tight.

If you have any doubts about this broker, you check should check out what other traders are saying on ForexFactory.

PS - if you don't trade with MT4, but still want to use MB Trading. They offer the MBT Navigator. It has a learning curve, but their webinars are great for getting you up to speed very quickly.

- live life to the fullest, we only get one shot at it.


PIPstalker

January 5, 2010



total experience about 4 years Total
2 years live with this Broker
4


I tried many brokers, and this one is the last one, the only one broker I trust. The post before is full of it. MB Trading has some of the most competitive pricing available. Maybe not the best, but certainly competitive. You can even compare the spreads for yourself at fxintel.com and see that MB is ranked right at the top. I know others complain that they charge a commission, but who cares. I am willing to pay that, because they deserve it. Stingy traders will always be robbed by other brokers, with fixed spread and no commission. Business is business, and no one is working for free. If you go with MB, at least you'll know you're with a broker that has integrity.


Markus, US

January 2, 2010
3


I'm comparing MB Trading to my other broker, which is actually a market maker with fixed spreads and no commission. Guess what, the cost of trading with the market maker is costantly lower!

I don't know what is it all about this ECN advantage, if a normal regulated market maker can outperform MB Trading... I'm looking at real numbers, not theoretical benefits.

I don't hold trades over night, but if you do, add the rollover charge and do your math.


Jack USA

May 16, 2009



8 years Total
1.5 year as EFX less than 2 months as MB with this Broker
2


When EFX existed they were good. Now that MB bought them out they are terrible !! Poor executions.. had an exit order in and it took a full 2 minutes to execute and created a negative balance on a trade that was profitable if it was executed in a timely manner. Talked to management which verified the order from the log and gave typical excuse about market conditions and this was a unique situation and they were sorry. Lost over 25k on that trade and they would not compensate. Never had execution problems before, and other traders I know are experiencing same issues with them. The EFX group had great support, MB is terrible.. takes an average of 4 minutes if not longer to talk to someone. If they are busy they will ask you to call them back !! What a bunch of b/s. EFX group was forex only , MB handles all markets. Use at your own risk.