Hi Rad4633,
what broker have you found that works best with NinjaTrader? Actually I'm trying to trade ATS with combo NT+MBT and I'm having a loooot of problems to make that works.

Dear Valued Client,

Effective November 1, 2012, MB Trading Forex will change the fee for clients engaging in ultra-high frequency FX trading, also known as the HFT fee. This fee is incurred when an account has a high number of order message requests with minimal trade executions. The high frequency message fee is a pass-through fee that is related to a recent charge associated with trade reporting costs now enforced by the NFA. The vast majority of customers do not currently incur these fees.

The revised HFT fees will only apply to clients who have less than 20% executions of their total messages sent during a trading session (from 5 pm EST to 5 pm EST). These messages include: New, cancel, and change/replace order messages. Please note, this fee only applies to client side generated messages. Any messages which are generated by our servers, for example price changes on trailing stops, do not apply. The fee remains at $0.005 per request sent that day on symbols meeting the high frequency message criteria.

This fee will be assessed daily during the maintenance clearing process.
For example, if you submitted:

100 orders for a symbol + 60 change orders + cancel 40 of the orders = a total of 200 order messages for the day.

Of these 200 messages you received 20 executions (fills) on that symbol for the day, this would be an execution rate of: 20 Executions / 200 messages = 10%.

You would therefore not meet the minimum requirement of 20% fill rate; you would be subject to the $0.005/message fee computed as follows:

200 messages X .005 msg. fee = $1.00, applied on that day’s fee report for that symbol.


If you have any questions or concerns, please feel free to call our office 888-628-3001 or e-mail mbtfix@mbtrading.com.

Regards,

MB Trading Forex

I am with Optimus now

This was a old post, BUT I STATE AGAIN I HAVE USED 3 PLATFORMS BROKERS SINCE AND HAVE NOT CHANGED MY MODEM OR PC'S AND HAVE NOT ENCOUNTERED ANY OF PROBLEMS I DID WITH THEM.AND THEY ALWAYS SAID IT WAS MY FAULT.

Also I wont mention I entered a ARO trade with them should have got filled .15 cents or so I got filled .73 since below my entry. Owner was going to talk to me but never heard anything!!!!!!!!!!!!!!!!!!!!!!!!!!!!! issues and I think this was a 1000lot trade just saying glitches

so yes I dont care for them they did not take care of me, and I have not experienced any issues like this sense, sorry MB lovers just my facts not hear say

MB lays off est 40% staff on Nov 2 , I read it somewhere

US location cut 40%

US location cut 40% didnt know about UK, hummmm BM

I do not remember where I received info so anyone concerned about MB should do their own due dilegence

Should MBT customer be concern and pull out their fund before something like PFG happen?