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Mb Tradinc Futures Inc : Adjusted Net Capital : 15 227 957 $
Justin can you tell me, what max liquidity you provided in one click ? (forex mt4 off course).
Thanks !
as far as ive tried to type in, it's 10,000 or basically no limit. the partial fills are really nice. this gets rid of the whole "we have no liquidity so we raise our spreads" crap. and that would make the only mt4 i know that is capapble of doing so. ATC will probably beat these guys out of beta so i will move there from Broco and then to MBT with the black box hosting they offer. a one stop shop!
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Keep your enemies close and your stops closer
I hope MB can meet the capital requirement. I'm sure it will be easy to meet if MT4 with ECN is implemented successfully.
My next account will be with MB.
In the past, they would wait until the cap requirements were official, and then move capital into the Forex part of the business to meet it. MB does more trading than just forex, so it's just an accounting entry to move funds. They don't put more into capital than is required, however from what I've seen.
I traded MBT Demo on MT4 for a few days. First off I noticed that the leveraging or lot sizing was quite odd. Now I know why. After the first day, some open orders disappeared, then reappeared 2 days later. That was kinda fun! Then I had open orders that I couldnt close or modify, even funner!
At the time I ddnt know it was still in Beta because some potential clients gave me the demo account.
I've chatted with Ramon online chat several times. Hes the tech support guy for MT4. Very helpful and Im looking forward to opening an account with them if they ever get their MT4 Server into production.
As of last week (April 1) they could still not give me a go live date for MT4.
i would propose, that one takes a closer look at the prices, lots of the running trades and afterwards at the account history - especialy at the "Part of trades..." one never did...
i made some trades of 3.00 (= 0.3 lot ) and was very surprised that they were closed as 2.00 (= 0.2 lot) at a really falce profit price as a "Part from #xxx"...it could be, that some people need private lessons in mathematics...if they close at first a part of the trades, then the commision rises for sure too, when the trades are finaly closed...
somebody from MBT answered my questions about this matter with: "you are getting partial fills on those trades. Any trade size in demo divisible by 3 gets a forced partial fill (they can happen in real life in Live on any size of
course)."...8 trades of 9 got "forced partial fill" - one after the other...
"can happen"?...or "shit happens"?...or...?
what i really dislike are TROjans as their IB's - but this is only my opinion...
i think, i'm done for now with MBT...