MB Trading - Forex Broker Review

Have you used this broker? Send us your review and be featured on this website!

MB Trading is considered as one of the best ENC platform in the world of forex trading. They trade under the name MB Trading Futures, Inc and have been online since 2002. They are a regulated company under the Commodity Futures Trading Commission (CFTC), a registered Futures Commission Merchant (FCM) and a member of the National Futures Association (NFA).

To open an account with this broker, you will need to use bank wire as the medium to transfer your funds. Their minimum account size is $400 with a minimum trading lot of 0.1. They have a standard leverage of 1:100 with a tight spread on the majors averaging around 0.5pips on EUR/USD (depending on market volatility). They have an interesting choice of accounts to choose from namely Institutional, Individual, Joint tenants in common, Trust, Corporate, Investment, Retirement and more.

This broker has been nominated best software based broker by Barron’s in 2006 and has been greatly acclaimed as being the highest ranking broker in relation to trade executions and technology. They don’t manipulate prices and act as a true ECN model. They are fast, reliable and have very low floating spreads that will be greatly advantageous to you as a trader. They support telephone orders with no extra cost involved.

MB Trading is praised for their technological flexibility. Their navigator can be integrated with some of the leading data providers such as esignal, Stockwatch and Qcharts. They are also highly regarded due to the fact that they offer smart order routing via MBTX, which scans market makers, ECNs, exchanges and dark pools of liquidity for the available execution price.

Like any other brokers, they have their good and not so good side. The major downside of this broker is that they tend to charge a high commission on each trade taken. They have no metatrader4 software support and it can be quite a complicated process to open an account with them. Important point to note is that residents of some countries won’t be able to open an account with this particular broker.

Nevertheless, on an overall note, they are considered a really solid broker with genuine reviews and are best suited for intraday traders than long term ones.

Top of: MB Trading Forex Broker Review Page

Back to: Forex Brokers Page

Back to: Forex Trading Domain Homepage