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.
Basic information
| Website | Visit MB Trading |
| Type | ECN |
| Regulated by | NFA, CFTC, FINRA |
| Country | USA |
| Established in | 1999 |
| Live chat | yes |
Trading terms
| Commission (pips) | 0.30 |
| Fixed spread | no |
| Variable spread | yes |
| Spread on majors (pips) | 0.1-4.0 |
| Leverage | 100:1 |
| Minimum deposit (USD) | 400 |
| Minimum trade size (USD) | 1000 |
Available features
| Number of currency pairs | 28 |
| Precious metals | yes |
| Oil | no |
| Hedging | no |
| Trailing stop | yes |
| Free automated trading | yes |
| MetaTrader 4 | yes |
| Mobile trading | no |
Forex account
| Demo account | yes |
| Interest on unused balance | |
| Islamic swap-free accounts | no |
| Accepts U.S. citizens | yes |
| Payment by Bank wire | yes |
| Payment by Credit card | no |
| Payment by PayPal | no |
| Payment by check | yes |
| Other payment options | |
| Account in USD | yes |
| Account in Euro | yes |
| Account in GBP | no |
| Account in CHF | no |
| Account in JPY | no |
| Account in AUD | no |
| Account in CAD | no |
| Account in NZD | no |
| Account in CZK | no |
| Account in DKK | no |
| Account in HKD | no |
| Account in ILS | no |
| Account in NOK | no |
| Account in PLN | no |
| Account in RMB | no |
| Account in RUR | no |
| Account in SEK | no |
| Account in SGD | no |
| Account in ZAR | no |
Languages
| Arabic | no |
| Chinese | yes |
| Czech | no |
| Dutch | no |
| English | yes |
| French | no |
| German | no |
| Greek | no |
| Hebrew | no |
| Indonesian | no |
| Italian | no |
| Japanese | no |
| Korean | no |
| Malaysian | no |
| Polish | no |
| Portuguese | no |
| Russian | no |
| Spanish | yes |
| Turkish | no |
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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.
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.
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.
John
2010-03-19
Best broker out there. Very nice education department and their ECN MT4 works great.
Jason
2010-04-29
A company with a solid platform fills are fast and with good customer support.
Nico
2010-05-13
MB Trading don't offer an Euro- Account at the moment!
ahmad
2010-06-21
Really good broker, I hope that they consider allowing swap free accounts for their muslim customers
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