MB Trading 

Category: Forex Broker Reviews
http://www.MBTrading.com
Average user rating from: 31 user(s)

Broker Rating
3.6
 
MB Trading

Image Image Image ImageImage Image

Add new review

Bookmark and Share
July PROMOTION
Learn more.
FOREX JUSTICE SPOTLIGHT ARTICLE

  Read more.


Company response
Forex Justice has not independently evaluated this site.
User reviews
Tuesday, 26 January 2010

Written by John from USA

After making my way through about 4 brokers, I finally found MB Trading. I had done my research and learned a few lessons along the way. There’s a lot of junk information out there, but here’s what I can say after using them for almost five months. They don’t mess with your orders at all; fills are fast; they could care less if you scalp or hold overnight; and their platform, while somewhat awkward at first, is actually extremely flexible in terms of orders. I use Stop Limit + TTO primarily and it prevents me from getting a bad fill while knowing that everything will be handled in terms of entry and exit while I’m away from my machine. If there is one gripe, it’s that rollover rates are a bit high, but I typically close out my trades each day unless I have a nice winner going. As a bonus, the MBT University is terrific for teaching you about the platform and much more. Can’t recommend MB Trading enough, and I doubt that I’ll find a reason to.
Thursday, 01 October 2009

Written by Rod Davis from USA

Finally Meta4 on an ECN! I am so happy, I place my order between the spread and see it reflected across the entire platform. Commissions are a little higher than I would like but I am a person who believes my broker should not be trading against me, its worth the other $1-$2 per 100k to use them. All in all I am pleased and very happy with the exceptional service.
R
Monday, 28 September 2009

Written by Tom Miller from USA

I have been an MB Trading FX client for over 3 years and most of the traders I communicate with in various clubs are also MB clients. Overall, I've been extremely pleased and had no need to ever trade with another broker. I saw some of the other reviews about slippage and high commissions, but that has never been the case with me. I'm a high volume trader using limit orders and since my volume has steadily grown over the years, MB has adjusted my commissions levels to be much lower then the advertised price. If you're looking for a trust worthly broker, MB Trading certainly fits the bill.
Wednesday, 28 January 2009

Written by John Phillipe Revard from USA

For what its worth, new Forex traders out there you must take the time to look into MB Trading. I've been trading for 11 years now from broker to broker and although some complain about small slippage, you can't beat the ECN technology and the spreads on even the exotic pairs are among the best. Anyway thought I'd share my 2 cents, I wish someone had given me advice on a decent broker when I first started, would have saved me time and money.
Tuesday, 13 January 2009

Written by gary_does_fx from USA

Newbie to forex, this broker was my first choice by the recommendation of a course instructor I took online about 6 months ago. I've had fantastic customer service, great trade fills and based on their new website it looks like they have a lot of cool new things coming. No reason to look anywhere else.
Saturday, 10 January 2009

Written by RUSSELL from USA

I have used this broker for 3 years and they are the best I can find. They appear to be betatesting a Meta trader ECN platform. When this comes on line they will be beyond the best.
Friday, 05 September 2008

Written by Fx trader from USA

We are a group of professional day traders who only use MB Trading. I just want to warn you out there this broker is great if YOU ARE A DAY TRADER, if you hold positions for more than 24 hours they are not good for you because of the simple fact that you can get slipped - sometimes even as much as 100 pips! For fast moving markets they are the best out there as they "mirror" what is going on in the actual market place.
Tuesday, 12 August 2008

Written by forextrader from USA

An excellent broker but not for the newbie trader, a very sophisticated platform and also in fast moving markets you will get slipped, I am just pointing the downside, the upside is you can always get in and out of trades, very tight spreads so good for active day traders like me. On EUR/USD often the spread is zero pips, you just pay a small commission.
Wednesday, 25 June 2008

Written by Simon Timon from USA

For a scalper like me this is the prefect broker, you are in and out in a matter of miliseconds with no requotes, a true market place, but NEVER trade at news times because if you place a stop you can get slipped way past your stop, but otherwise they don't really ever widen the spread and you can get in after the news, very competitive spreads and they also provide 100-1 margin.
Monday, 16 June 2008

Written by moneyhungrydog from USA

Great broker, very tight spreads, and i mean tight sometimes zero spreads just like a models body, size zero, the only thing is that it is difficult to read the platform again just like women, but with practice it is a super platform and very stable.
Wednesday, 04 June 2008

Written by pipdog from USA

Who cares if felix makes a lot of money promoting mb trading, bottom line - they are the best out there with the tightest spreads, even tighter than most interbank and money market liquidity providers, zero pips on eur/usd, come on guys can you really do better than this, so you pay in commissions, if you are pip hungry dog who makes 50 trades a day you need a broker like this that has a huge pool of liquidity and always offer tight ass spreads, on GBP/JPY I have seen one pip spreads!
SCAM
Tuesday, 27 May 2008

Written by Tony chime from Malaysia

BIG slippage, these bastards slipped me 40 pips on todays new home sales release, while i understand that these assholes are an ecn there was no reason to slip 40 pips, I am moving my funds immediately to a more reputable broker where they will honor my stops
Monday, 26 May 2008

Written by B C Chapman from Barbados

An excellent broker and I can guarantee that for the retail clients you cannot get tighter spreads than they offer, this is the real deal and I have very often seen 0 pips on EUR/USD, you only pay commissions, and you can trade mini lots as well. I have had an account with them for 4 months and no problems, the only thing I have seen is sometimes the platform "freezes" up but recently they seemed to have rectified this problem, however you must have an internet broadband connection, if you use dialup don't use MB.
SCAM
Sunday, 18 May 2008

Written by Magnus from USA

I am so fucxxxg pissed off with this bullshit company. Why every day at 12am EST they shut the platform for 15 mins. We live in the 2008 why does this crap still goes on??
Saturday, 17 May 2008

Written by Valdez from USA

I have to give this only one star because the platform is too confusing. Today I was in a trade and tried to get out but kept pressing the wrong buttons. I know it is my fault but why the hell is the platform so fxxxxxg difficult to use. The only person to blame I know is myself, I should have gone to a broker with a decent platform. If you have an IQ above 200 try MB Trading, otherwise my advice is to find another broker.
Thursday, 15 May 2008

Written by Joseph from USA

firstly let me start by saying that their platform is tough to use and it is not for novice trader, but the spreads are excellent and the fills are great, the downside is you have to pay commissions so if you are a very active trader like me these can add up, I am giving them 5 stars because of their honesty and their great customer service.
SCAM
Wednesday, 19 March 2008

Written by donald from USA

I just wanted to warn all you newbie forex traders about felix and his scam tactics with this company
you must watch this youtube video:
http://www.youtube.com/watch?v=2A4nIRR6miE

click on this and you will understand why felix promotes this website to use this company, he will get all your money and commissions!!! total scam beware!!
Monday, 14 January 2008

Written by David from Australia

This is the best broker I can find, although their platform is a little tricky to use at first.

At one stage, I was using Dukascopy and MB at the same time and my fills were better here than Dukas, but the Dukas platform certainly is easier to use. I guess it comes down to what you want, simplicity and good fills, or something that takes a day to learn and great fills.

As I read some of the other reviews, some of the people who complain about MB and even one who rates them a scam, I laugh. People complaining because of fast markets in news or asking why pay a your broker a fee are ignorant of the game they are trying to play and are dangerous to listen to. How do you think a broker that doesn't charge a fee makes money? It's in the spread. Who pays the spread? You.

If you use a broker that charges no fee, you aren't even entering the market in most instances. You are simply playing a game AGAINST your broker. Do you think they want you to make money if it means they must lose?

This is an honest broker that provides great fills.

Furthermore, it is a real broker. They don't care if I make profit or loss. The just want their commissions. The rest is up to me.
Wednesday, 05 December 2007

Written by kumarfx from China

I would give them 5 starts if it wasn't for their confusing platform. I have been trading forex for over 15 years and while the spreads are very good and execution fast, they do slip like any ECN but their platform takes some getting used to and I would recommend everyone to get a free demo first from them and practice. Their customer service is top notch and they will be happy to answer any questions you might have.
Thursday, 22 November 2007

Written by brandon from USA

I don't know why this company has not been given 5 stars. I know a few good dealers who use this broker like Rob Grespi and Felix and they have never reported any problems with them. They charge a commission but the spreads are sometimes ZERO so they have to make their money somewhere. They do not "stop hunt" and don't care if you make money or not. They are not your usual bucket shop broker and they have multiple bank feeds so they get the best prices for their clients.
Tuesday, 20 November 2007

Written by William from USA

This broker is almost perfect, tight spreads, honest and great customer service, easy to take out money. The only reason I am not giving them 5 stars is that their platform is very difficult to learn. It took me 2 months to figure everything out. I also have an account with dukascopy and if they had their platform I would give them 10 stars if I could. They also also lot size of 10K so even for the newbie this is a good broker. I strongly advise everyone to get the free demo from them first and also their customer service reps can help you navigate through their complicated software and platform. I trade with Felix and he also uses them.
Monday, 12 November 2007

Written by YC from China

This is the best broker out there period. If they did not charge commissions I would give them a medal, but spreads are very tight, sometimes no spreads on EUR/USD, GBP/USD, USD/CHF. They execute orders very fast and you can scalp and trade news in fast moving markets. A scalpers dream but the platform is difficult to use and you need practice. Definitely best broker out there!
Thursday, 08 November 2007

Written by Paul from Italy

I have many brokers and this is the worst. I also use dukascopy and that is a much nicer platform. For those who complain dukascopy is too high and mb allow small lots you should not be trading forex, forex is not for the little fish it is for the big boys
Thursday, 08 November 2007

Written by Monty from Singapore

I find their system very easy to use and customer service top notch, may not be the perfect broker but then again there is no perfect broker!
Thursday, 08 November 2007

Written by sandoval from USA

their platform keeps crashing at certain times, their platform has to close for "mainteance" every day at 12am USA time, if they were really a professional outfit they would be able to fix this
SCAM
Thursday, 08 November 2007

Written by Jeff from USA

I would give you a full example of what happend to me but then it would take too long and readers will just forget about it. Take it from me here are the disadvantages of this broker:

1)commissions
2)their platforms are for rocket scientist
3)they widen spreads during news times
4)their platforms crash at critical times
5)you get slipped sometimes 20+ pips past your stop loss

advantages:

1) allow small lots - so do many other brokers

scam scam scam
SCAM
Thursday, 08 November 2007

Written by Stuart from Australia

why would I use this broker over oanda, the spreads are basically the same and sometimes wider, I even have been slipped 10+ pips because they don't guarantee the stop, plus i have to pay commission. Why on earth would anyone want to use this broker is beyond my imaginaton
Thursday, 08 November 2007

Written by lynn from USA

platform could be more user friendly but they paid me on time so i can't really complain. They have all type of pairs imaginable to trade which isn't bad. I am giving them 3 stars because of difficulty with their platform
Thursday, 08 November 2007

Written by sheila from USA

I love their service and platform, they allow me to trade small lots and are not a market maker so they don't care how much money I make. Everyone should check them out
Thursday, 08 November 2007

Written by joe from Hong Kong

I would give it 5 stars but their platform is too confusing for me, I personally use them because they allow mini lots. The advantage is that they are an ecn meaning they have tight spreads but they do widen spreads during news times. Their platform allow nzd/jpy which I like to trade. Another disadvantage is that they do not guarantee stop losses so if a position goes against you during volatile times you can be slipped.
Wednesday, 07 November 2007

Written by Mario, Chicago from USA

I have been using MBT for a couple of months and can say that they are quite good - so no major complaints from me.


 
[ Back ]

Highest Rated

ODL Securities (5.0)
Category: Broker Reviews

Worst Rated

First Allianze (0.0)
SCAM
Category: Broker Reviews

Latest Reviews

beaverheadfinancial.com (5.0)
Category: Broker Reviews