MB Trading forex broker review and detailed information

MB Trading forex broker review and detailed information

How does MB Trading compare with its competitors? Check out also our comprehensive and fully interactive comparison of forex brokers. If you do not know what the terms in the following tables mean, read the tutorial about forex brokers first.

MB Trading forex broker logo

Basic information about MB Trading

WebsiteVisit MB Trading
TypeECN
Regulated byNFA, CFTC, FINRA
CountryUSA
Established in1999
Live chatyes

Trading terms

Commission (pips)0.30-0.30
Fixed spreadno
Variable spreadyes
Spread on majors (pips)0.1-3.0
Leverage100:1
Minimum deposit (USD)400
Minimum trade size (USD)1000
Accepts scalpingyes

Available features

Number of currency pairs28
Precious metals (gold & silver)yes
Oilno
Stocks, Indices, and/or CFDsyes
Hedgingno
Trailing stopyes
Free automated tradingyes
MetaTrader 4yes
Mobile tradingno

Forex account

Demo accountyes
Interest on unused balance
Islamic swap-free accountsno
Accepts U.S. citizensyes
Payment by Bank wireyes
Payment by Credit cardno
Payment by PayPalno
Payment by checkyes
Other payment options
Account in USDyes
Account in Euroyes
Account in GBPyes
Account in CHFno
Account in JPYno
Account in AUDno
Account in CADno
Account in NZDno
Account in CZKno
Account in DKKno
Account in HKDno
Account in ILSno
Account in NOKno
Account in PLNno
Account in RMBno
Account in RURno
Account in SEKno
Account in SGDno
Account in ZARno

Languages

Arabicno
Chineseyes
Czechno
Dutchno
Englishyes
Frenchno
Germanno
Greekno
Hebrewno
Indonesianno
Italianno
Japaneseno
Koreanno
Malaysianno
Polishno
Portugueseno
Russianno
Spanishyes
Turkishno

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MB Trading customer reviews

Are you a satisfied customer? Or you want to share a scary story? Tell the world about your real-life experience with this forex broker! While writing your review, please also specify for how long time you have been trading with them and what trading style you use (for example news trading, grid trading, scalping, etc.). Readers with a similar trading strategy will pay more attention to your comment. Only genuine broker reviews will be published; posts promoting a website and generic comments will be removed.



Jason
2011-09-15
If you're an experienced trader, MB Trading is tops among forex brokers based on their execution alone. Their pricing, transparency, customer service and expanding technology are all excellent in my view. You can jump around between brokers trying to find better pricing or better customer service or whatever, but I think as a whole package, you can't beat MB.


Andrew Lerner
2011-03-25
I moved over to MB Trading after reading about them in last years Barron’s Broker Review (BTW, they ranked at the top again this year). Before MBT, I never had a 100% positive experience with a broker but I am finally able to say that I am a VERY HAPPY customer ! I give MBT 5 STARS across the board.


Emilio
2011-03-24
I started trading with MBT after they introduced their “Pay for Limits” program, to date (3 weeks so far) I have received $1560 in credits for posted limit orders. My commission costs have been reduced significantly. If anyone is looking for a new broker, I would absolutely suggest MB Trading.


Rodd
2011-03-03
Best Broker I have used (I only trade with ECN Brokers). Customer for almost 3 years and no complaints. Impressed with customer support and technology. Fills are fast and commissions are low. Highly Recommend MB Trading.


Jett
2011-02-15
2 years with MB Trading and still happy
+ MBT iPhone app is brilliant


Kent
2010-12-06
I only currently have a demo account. I am really considering opening a trading account with them, but so far am not impressed. I have called several times and gotten different answers to my questions. It took several calls to even get my demo account up and going. Even after this, it was set up for mini-lots, which I did not want. I made one trade and couldn't close it out. If they can't even get the demo account right, I really wonder about sending them my money!


ahmad
2010-06-21
Really good broker, I hope that they consider allowing swap free accounts for their muslim customers


Nico
2010-05-13
MB Trading don't offer an Euro- Account at the moment!


Jason
2010-04-29
A company with a solid platform fills are fast and with good customer support.


John
2010-03-19
Best broker out there. Very nice education department and their ECN MT4 works great.


Ken
2010-01-26
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.


Phil
2010-01-16
I am really happy with this firm. I have traded almost a year now with MB. I found them after I did some research on ECN brokers and was sick of being screwed by another bucket shop (which I wont name since its not relevent to this review). I have only had excellent fills and just the other day I was able to take advantage of inverted spreads. I could'nt believe it. That isnt my stategy but when I saw the opportunity and took it. Worked flawlessly. I normally am a scalper, so again, I am very happy. In the beginning I called tech support to get asssistance and they were great. Now that I know how to use the Navigator I dont have much reason to call but when I did it was very pleasent. I would easily recommend this broker to anyone who wants an ECN advantage and a good honest broker behind them.


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