MB Trading reviews



REVIEWS & RATINGS

Rating interpetation



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.