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.
REVIEWS & RATINGS




Markus, US
January 2, 2010I'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, 20098 years Total
1.5 year as EFX less than 2 months as MB with this Broker
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.