Menu

Mb trading forex review

2 Comments

mb trading forex review

Forex Charts Forex Rates Bank holidays Codes of currencies Currencies' symbols Economic Calendar Technical Indicators Economic indicators FAQ Glossary of terms Trading examples. FXCM Forex Capital Markets. UFX Bank - BROKER IS CLOSED. FXDD FX Direct Dealer. AVATRADE ex Ava FX. Interbank FX - BROKER IS CLOSED. GFT Forex Global Forex Trading. FBS Financial Brokerage Services. Loyal Forex - BROKER IS CLOSED. LIQUID MARKETS ex Tadawul Fx - BROKER IS CLOSED. Invest Tech FX - BROKER IS CLOSED. FX Cast - BROKER IS CLOSED. UWC FX United World Capital. FXGM FX Global Markets ex Bforex. Master Forex - BROKER IS CLOSED. FIG Solutions Limited - BROKER IS CLOSED. Finexo - BROKER IS CLOSED. AFB Arab Financial Brokers - BROKER IS CLOSED. Trade Fair - BROKER IS CLOSED. Token required New user. SCAM 1 Star 2 Stars 3 Stars 4 Stars 5 Stars. Submit Already have a token? Login with a token or Recover token. They are a real "non-dealing" desk and I highly recommend them to all traders. Since they are not a typical dealing desk broker, that takes a counter position to you, you have a real chance of making a profitable trade. They display actual Level II trading screens and you can see the true breadth of the market and even watch your individual offer on the board by placing your offer in between the current spreads. I had accounts with AC-Markets, Gain Capital, and DBFX Deutsche Bank - also believed to forex tied to FXCM and found them all to manipulate your data feeds or quotes. You can read the scam ratings on these companies here and elsewhere. Regarding DBFX, after my first 12 successful entries and exits, I was switched to a dealer to approve my trades and I was getting requotes 10 pips away from their market price on screen. I was told that they had the right to assign me to a dealer, because I was taking advantage of forex "technological glitch" seemingly knowing when they would reverse their prices. Regarding Gain Capital, I was told by an insider employee that they have the ability not only to altar quotes to individual computers, but they alter the algorithms that are used to display the technical indicators. Comparing them side by side with another system, you can see totally different graphs that give wrong signals to technical traders who are relying upon those indicators. AC-Markets are a total rip off. You can win everytime on their demo - but they will alter the price to your individual computer in a live trade. You may win initially, but once you are identified, I understand that you are placed in some computer routine that then will give you different quote from others. Monitoring their prices with other datafeeds, I found this to be true, and watched as they would automatically go five review against me when I entered the trade and watched as they would extend it sometimes by 17 to 20 pips compared with other data feeds. I was told that I had a problem with my internet connection. I highly recommend that you research thoroughly these companies if you plan to trade with them. I hope my experience saves you the heartache and your money. To sum it up, don't trade with a dealing desk that takes a counter-position to you. Trade only with a non-dealing desk. There are a few out there and I can highly recommend EFX Group. Solid executions, very thight spreads. Commissions and overnight swaps could be a bit more competitive tho. They provide no charting, its only forex execution platform, but they do what they offer very good. Looks like a reliable outfit to me. I have been with MB Trading since October and my account is up pct in first 6 months. At the same time my account with ACM is only up by 60 pct and account with GFX Global trader only up by 50 pct. With MB trader I oftain get filled at lows and highs of the day. I have never got a requote!!! Fills are immidiate and I have had no server problems. You do pay a commission per lot but it is a small price to pay for good srevice. I never get the above conditions from ACM or GFX Global Trader, and this is the reason behing the account performance differences. I like the level II which shows which orders are on both sides of current price level. This is great review in after trade analysis as I can follow price action and analyse review I was doing wrong or how to improve the trade for next time. Just something to keep in mind and not trade during these times. They also have no charts, no news and no advisory service; if forex is the price to pay for excellent service and good fills then I am all for it. One of the best brokers around, except USA based so have to pay 15 pct withholding tax review non-USA residence. Shame they do not have an office in EU because in most EU countries FX gains are tax free. As soon as I found better trading companies I switched Sounds like a bucketshop to me O OK they are good. I tried their demo platform They will hunt your stops or spike them even if your 17 pips away and it will take only a second and then the price will be right back where it was. Theyre server will conveniently go out at the start of a run up if your shorted or at the start of a drop if your long and it wont come back up until the run is over and youve lost your dough this keeps you from exiting during the rise or drop. Then when you call them while the server is down they tell you no its not down even when theyre showing red lights on the server panel so then they ask you to log off and then back on again. By then the run up or down is over and naturally it went against you. Yeah real clever MB These guys will nickel and dime you to death if you watch very cosely like I do hours on end I monitor all my trades and all I can say is they have some very intelligent systems, however a random system would not be predictable. You watch and learn you will eventually catch the moves naturally going against you or sudden spikes blowing out your stops or servers disconnecting at times of large currency moves. Theyre just more subtle but they still scam also. Maybe theyre just raising the 5 million capital they need to meet the new capital requirements of which they only hold 3 million? Seems well you know convenient. Most of this happens throughout the slower nightime hours mainly, I havent noticed it as much during the day. Do your own monitoring of your trades and see if you can detect the moves. Its varied and random but theyre there. Out of my trading it's usaully the trader not the broker. No matter what broker you use if you don't know how to trade you WILL NOT MAKE MONEY. I know it's easier to blame someone alse than to blame your self. I haven't had a problem with this broker. Demo wasn't that good but live is always on. They do shut down twice a day for maintnace and rollover for 5 min. THEY DO SEND YOU A POPUP WINDOW THAT TELLS YOU ABOUT IT. One thing I really like is that before news and when they know that the market may move rapidly they send you a massage to watch out the market is going to be a fast moveing market. If you're in a good trade and you know what your doing even if the broker moves their spread trading cheats a little on the price it shouldn't matter forex are still going trading the direction of the trend. AND THEY CAN'T CHANGE THAT. I have compared their pip spreads to other brokers and they are always better even with the commision added in. Platform a little challenging to use, but pricing and support is excellent. I closed my account because of these reason and I open with dukascopy. But they bought out EFX, and since then have been going down hill. If you open a market order going short, you will be filled at the lowest price that minute. I saw the price going up, the price opened at My order was filled at It was NOT filled at the price quoted. There answer when I questioned them review, "was the price at I also noticed they have started engaging in stop hunting, where they will spike the price as much as 50 points for one second during a minute and stop a lot of people out, then return the price to normal. They didnt used to do this, but I see it almost daily now. They go from me not seeing it at all for a year, to seeing it happen every day. This isnt a coincidence. I am now looking for another broker. Great customer service if you have any questions there right there. Their trade technology is fantasict fast executions and the university had been very helpful as well. Their MetaTrader platform is finally truly an ECN system for FX and EAs. Their Nav platform gives incredible depth and order type control. If you want to avoid the deal desk games, I can't recommend MB enough. They have great courses that teach you how their software works. They froze your platform when you became profitable, SL hunting, cancelation of orders, etc. Until now my dispute has not been resolved. They keep blaming me for the phantom trades and insisting that they are not responsible for any failure from their side. Later that day, some of these trades were canceled yet to receive any explanation as to why this had happened - Took nearly 3 weeks to credit my account with my initial funds. When I called the first time to ask about the delay, they claimed they did not have them odd since my bank claimed forex they were sent I got rather angry and then they "apologetically" claimed that they had found my funds It's as if my email was Any one else having this happen? Spreads are typically around 3. Don't forget to add a commission on top of that as well. A total scam shit hole to do business with. I reckon your money is safer with some crackhead on the street. Many times orders are not filled, and there are constant delays on the Navigator platform when placing orders. If they have a large enough liquidity pool with the major banks this should not happen during normal trading hours. Often the platform disconnects from their server during or before large moves as well. I am a full trading trader and watch the markets all day long, so I can see how many times their servers go down on a daily basis, especially during session fixes and run ups to news events. There are typically server failures per session daily, and while they are not for long periods, they tend to be at strategic times. I found a couple of bugs in their software which I reported to them, and it took months for them to eventually fix. Navigator is not new software. A serious financial tool shouldn't have such sloppy coding or functionality errors. The bottom line is they put up a good facade of being a reputable company. They won't outwardly rip you off, but will chip away at your profits through a lot of small discrepancies in the platform and access speed. I'm running on optical cable and have no throughput issues on my end with my other brokers, so it's clearly a server "issue" on their part. While I didn't lose money with them, and they paid out my balance quickly on closing my account, it was clear how they claw back profits through these subtle tactics. On top of it they have one of the worst daily rollover rates industry wide, so when you combine this with everything else it adds up. I noticed that my fills became worse as my profits increased, so it seemed almost algorithmic how concise this worked, as if it was programmed into the system. There are certainly worse bucket shops review there, but they are very clever in finding ways to cut into your profitability. Since they are counter party to your trades as they state in their user agreement this should come as no surprise. For a hobbyist they would be an OK choice, but for a serious trader, they are definitely not an option. I review if they didn't try to present themselves as something they're not, I wouldn't give the a scam rating, but because they promote themselves as better than an average market maker, it's a deception. I am not trading how anyone can complain about MB Trading They definitely aren't perfect either. To be fair and considering that all the reviews here are either five stars or scamI think a lot of the troubles people have with MB are based on the type of trading they do or, in some cases, where they are located in the world. I think for more experienced traders, particularly those in the US, MB is a great choice. It's not the best broker out there for everyone and every style of trading as I said. The execution is, in my experience, pretty solid although I have had issues from time to time. They are not taking my trade. I modified some other guys EA I found on the Internet. If I change an EA into my EA, do I have to keep the copywrite and where I got the EA? I've tried running EAs that I've written and they will not take my trade. Trading am I doing wrong? I've been with MBT 6 months. I've changed from Ninjatrader to Metatrader4. All I've done here is loose money. I use their VPS server. On the scam ratings I'll make my decision to go with them. Like robert kiyosaki says, if you want to get rich you have to start thinking. A comment about DD's and bucket shops A comment about real market execution I have been pleased until recently. I have noticed the platform shuts down or freezes near key support and resistance areas, especially when a trend changing pivot occurs. One can not get into or out of a trade trading at least 10 to 15 minutes, causing many pip losses. I am looking for another Broker. Frozen platform, getting stopped out matter which direction I went, in other words watching the chart mysteriously gravitate towards my stop every time, and then make an abrupt reversal. They're laughing their sick heads while robbing unsuspecting traders. Stay clear of this Brokerit is positively a Scam and any good reviews about them are an inside job. The execution time are also delayed. For one, often times I ran into upside down bid and ask prices, especially when you are in a profitable position and needs to secure an forex in a fast moving environment. And the ill- liquidity issue is another matter. Of course, it would be too late by then and if you point that out, they will escalate to arbitration that "may" end up awarding you "some" of your money back. And if you were fortunate enough to catch that on the winning side, rechecking your equity balance the following day will deduct the profit with a follow up phone call. Like I said, not illegal but deters you from making a substantial profit. Ask your self how they stayed in this business all these years? I think you already know the answer. They steal your money. I had a SL triggered in a long EU trade today around 50 Pips under the set SL. I locked at the chart when it was happening. It was falling quickly and i would have accepted some slippage but 50 Pips? There where plenty of up-ticks on the move down So there is no excuse for triggering that bad. I don't trust them at all anymore! Already have a token? Your message will be reviewed by our moderator and will be published within 24h.

MB Trading: Universal Login

MB Trading: Universal Login mb trading forex review

2 thoughts on “Mb trading forex review”

  1. anat0lb says:

    However, the application of the problem of induction to science suggests that all of science is actually based on a logical fallacy.

  2. aktualno says:

    These juvenile silver carps are used to find potential physical, biological or chemical controls as part of an integrated pest management approach for natural resource managers.

Leave a Reply

Your email address will not be published. Required fields are marked *

inserted by FC2 system