mbtrading.com (MB Trading)

Pharaoh

Colonel
Messages
20,070
If it's checking more than just ECN numbers for best price, that (in theory) should be even better than just being an ECN. Personally, I'm wondering what the heck a "dark pool of liquidity" is.

The Forex Creature from the Dark Pool of Liquidity, coming soon to a theater near you.
:D
 

BlueMental

Private
Messages
15
MBTrading accepts Brokerage Checks

I wish to trade with MBTrading as my broker, but unfortunately they only accept wire transfers from my country (South Africa).

It is very close to impossible for me to get my bank to do a wire transfer. (They STILL after all the explaining and getting the right documents etc.) insist that they can not transfer USD without a proforma invoice.

I noticed that MBTrading also accept Brokers checks, but I have absolutely no clue what this actually means in real terms.

In other words, is it possible for a non US registered broker to issue a check to MBTrading on my behalf, or is it an account I need to set up with a US Broker.

If anyone here knows more details about this issue, could you please be so kind as to tell me about how and what a Brokers check actually is, and whether or not it is accessible to me.

Thanking you.
BM
 

Taman

Recruit
Messages
3
NFA claim

Hello,
I have an arbitration claim hearing against MB Tradng coming up in January for system malfunctions and fradulent practice. If you think you can help me in any way or vise versa. please contact me asap.
wtaman2@yahoo.com. Thank you.


Attn: Felix and all Other Readers

MB Trading is corrupt and they also cheat. They really should not do that because they have enough problems with their sub-standard platform.

I studied the demo for about 7 weeks to make sure I understood it. It seemed to have problems even then. I then gave them a chance with a mini account and I found that:

they manipulate trades;

they cut off winning trades;

they activate trades prematurely;

they create trades on their own.

These aren't the no non-sense people that you pitched them to be. I would not recommmend them to absolutely nobody.

They never accept responsibility and try to throw you off by introducing a red herring or something that has nothing to do with what you are investigating. Or coming up with some doctored or phoney documentation to try to support their lies.

Now, Felix, if you want be seen as being creditable and not as being a conflict of interest--you should stop taking money for referral fees and running this site simultaneously. You need to make a choice either take the money for referral or shut down your site. Therefore, I'm reporting them to NFA and who they should be reported to.

I hate to give you this bad news, but it is correct.

You have a wonderful day.

Pips.Needed
 

Taman

Recruit
Messages
3
Hello,
I have an arbitration claim hearing against MB Tradng coming up in January for system malfunctions and fradulent practice. If you think you can help me in any way or vise versa. please contact me asap.
wtaman2@yahoo.com. Thank you.
 

igetfx

Recruit
Messages
1
MBTrading is Down???

Guys,

anyone experiences this or just me only? Today, I cannot access MBTrading website. Try to go to the trading platform which is MT4, also cannot connected. Anybody facing the same problem as I do here? What happen to them? Anyone knows?
 

f-man

4Xangels Representative
Messages
762
Do they offer Rebates?

Does anyone know if MB trading is currently offering Rebates through any provider?
 

FromAlaska

Recruit
Messages
4
EUR/USD 92.5810 price

something that I have never seen in forex history, thats MBT 1 minute metatrader chart from my demo account with them. I am sure its some glitch but still interesting, EUR/USD price went up to 92.5810 !!! held there for 5 minutes Happened just few minutes ago. Probably will never happen again. Iheard good things about MBT too.
 

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gianluca

Recruit
Messages
3
MB TRADING

I am disgusted by this broker

after numerous problems with their platform, I decided to change brokers.

the 13/04 I asked for a Withdraw wire.
After 20 days I have NOT received my money yet. (deposit via bank wire only took 1 day).

I sent numerous emails, contacted the chat, open a support ticket...

They keep telling me to wait because they had problems... but 20 days have passed, I begin to think that my money is gone


SPREAD SEEM LOWER.. BUT STAY AWAY, THEY ARE LICENSED THIEVES

NFA RULES, NO HEDGE, LOW LEVARAGE

YOU PUT A STOP OF 20 PIPS AND THEIR ECN SERVER CLOSE YOUR TRADE AT 25 PIPS LOSS

MBTRADING SERVER IS UNSTABLE, AND EVERY EVENING THEY SHUT IT DOWN FOR THE ROLLOVER

MANY "OFF-QUOTE" PROBLEM

IMPOSSIBLE TO TRADE DURING NEWS


THE ORDEROPENTIME() COMMAND DON'T WORK, THEY USE 2 SERVER WITH 2 DIFFERENT TIMES (E.G. IF YOU OPEN AT 5:30 GMT OFTEN ORDEROPENTIME() SHOW 4:30 GMT SO YOU CAN'T USE EXPERT THAT CHANGE PROFIT OR STOP BASIS ON THE ORDER OPEN TIME)


The inscription is SLOW! ALSO TOO MANY SAFETY pasword AND LIMIT...
YOU CAN'T USE 2 METATRADER ON YOUR PC


The assistants are incompetent,
A withdraw COSTS $30
BUT THEY WRONG, AND MADE ME PAY IT €30 ($ 45)
45$ FOR A STUPID BANK WIRE, AND AFTER 20 DAYS AND I HAVE NOT RECEIVED ANYTHING YET


SORRY FOR MY ENGLISH

BUT

STAY AWAY FROM THIS BROKER!
 

Boko Maru

Sergeant
Messages
250
For f-man: you can get rebates through cashbackforex; you probably know that by now, but just in case...

gianluca-I am confident MBT is not a scam, so keep trying until you get your money; I have no doubt you can and will.

I do have a very small account with MBT, but I regard them as a mediocre broker. Tons of people seem to want to sing their praises on the forums, but they are very so-so in my opinion. They have some cool features like the "pay for limits" thing, but often their execution just plain sucks. Sorry, but not sure how else to put it.

Other than being honest, the main thing you need from a broker is good trade execution. Although I believe MBT to be honest, their execution is stone age; totally inferior to what you can get elsewhere. As I said I do have an account there, but very small (about 5% of my trading capital). If they want to pay me for limit orders when it suits me to trade that way, fine, I'm happy to take their money. But for any serious trading, I go elsewhere...
 
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