Dukascopy vs MB - Currency Futures | futures io social day trading
futures io futures trading


Dukascopy vs MB
Updated: Views / Replies:20,835 / 86
Created: by tderrick Attachments:9

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 9  
 
Thread Tools Search this Thread
 

Dukascopy vs MB

  #61 (permalink)
Elite Member
Near the BEuTiFULL Horse Shoe
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: MBTrading Dukascopy ZenFire
Favorite Futures: $EURUSD when it is trending
 
Trader.Jon's Avatar
 
Posts: 500 since Jul 2009
Thanks: 401 given, 176 received


Eric j View Post
Wonder if anyone has lag issues with NT7 ? Really liking MB now with the limit order rebates , my comms are almost nothing since they're all I use .

Hey websouth good to see you around again .

Eric,

Are you manually trading or using an automated strategy? I am asking as wondering how the fills are in real time with automated? I have seen in SIM with limit orders entered on the automated strategy and the price actually going down (on next bar) after a long entry and no fill on the long. EnterLongLimit was Closes+3 Ticks and still no fill is odd .. happens fairly often, and this is during good market activity times.

Thanks,
Jon

Writing to you from the wonderful province of Ontario, Canada. Home to the world's biggest natural negative ion generator, the Niagara Falls, and to those that dare to know how to go over it in a barrel. SALUTE!
Attached Thumbnails
Dukascopy vs MB-eurusd-5-betterrenko-3_1_2011.jpg  

Last edited by Trader.Jon; March 1st, 2011 at 01:54 PM.
Reply With Quote
 
  #62 (permalink)
Elite Member
Near the BEuTiFULL Horse Shoe
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: MBTrading Dukascopy ZenFire
Favorite Futures: $EURUSD when it is trending
 
Trader.Jon's Avatar
 
Posts: 500 since Jul 2009
Thanks: 401 given, 176 received


websouth View Post
I like MB. ... I am not a huge fan of MB and ninja combination although I did it for a while with NT6.5.

Previously had lag issues with ninja and mb

Would you go back to using NT 6.5 versus NT7 to trade MBTrading account? I am asking experienced users to try and figure out which I should use for automation.

Thanks
Jon

Writing to you from the wonderful province of Ontario, Canada. Home to the world's biggest natural negative ion generator, the Niagara Falls, and to those that dare to know how to go over it in a barrel. SALUTE!
Reply With Quote
 
  #63 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received


Jon
I don't have a good answer for you. I never used NT7 much and have very little auto trading experience. I always felt that there was lag there - whether it was a visual thing or a feed thing I dunno. I was doing some heavy scalping at the time... where a pip or 2 could make a difference. Too many factors involved for me to give you any answer other then the common sense - be careful and test it thoroughly. Your mileage may vary. Sorry not much help.

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
Reply With Quote
The following user says Thank You to websouth for this post:
 
  #64 (permalink)
Elite Member
Near the BEuTiFULL Horse Shoe
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: MBTrading Dukascopy ZenFire
Favorite Futures: $EURUSD when it is trending
 
Trader.Jon's Avatar
 
Posts: 500 since Jul 2009
Thanks: 401 given, 176 received

Charting MB vs Dukas this morning

This morning was an interesting example of a very fast rise in the EURUSD. Attached are screen captures from two different computers running in SIM, NT7R1, (W7 32bit for MB, W7 64bit for Dukas). Comments appreciated.

Jon

Writing to you from the wonderful province of Ontario, Canada. Home to the world's biggest natural negative ion generator, the Niagara Falls, and to those that dare to know how to go over it in a barrel. SALUTE!
Attached Thumbnails
Dukascopy vs MB-dukas.0800.-eurusd-5-betterrenko-3_3_2011.jpg   Dukascopy vs MB-mbtrading.0800.-eurusd-5-betterrenko-3_3_2011.jpg  
Reply With Quote
 
  #65 (permalink)
Elite Member
Near the BEuTiFULL Horse Shoe
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: MBTrading Dukascopy ZenFire
Favorite Futures: $EURUSD when it is trending
 
Trader.Jon's Avatar
 
Posts: 500 since Jul 2009
Thanks: 401 given, 176 received

Anyone else that uses MB Trading see this happening today? About 933 Eastern there was a BIG data 'loss' on the chart. Plainly seen on BR5. On another machine I had Dukascopy running with 2 range and no such 'loss'

Jon

Writing to you from the wonderful province of Ontario, Canada. Home to the world's biggest natural negative ion generator, the Niagara Falls, and to those that dare to know how to go over it in a barrel. SALUTE!
Attached Thumbnails
Dukascopy vs MB-br5longvitekv07f_-eurusd_03_21_2011.1410.jpg  
Reply With Quote
 
  #66 (permalink)
Big game hunter
NY
 
Futures Experience: Advanced
Platform: Esignal, MBT navigator
Favorite Futures: Currencies
 
Posts: 2,526 since Jun 2009
Thanks: 1,397 given, 2,570 received

This is MB data from this morning . 0933 eastern theres a 10 pip gap so that prolly messed up your BR bars . Rollover produces a BIG phantom spike in data pretty often so I adjust my start/end time on ninja to block that period of tme out .

Attached Thumbnails
Dukascopy vs MB-eurusd-3_21_2011-1-min-.jpg  
Reply With Quote
The following user says Thank You to Eric j for this post:
 
  #67 (permalink)
Big game hunter
NY
 
Futures Experience: Advanced
Platform: Esignal, MBT navigator
Favorite Futures: Currencies
 
Posts: 2,526 since Jun 2009
Thanks: 1,397 given, 2,570 received

Esignal has a gap too .

Attached Thumbnails
Dukascopy vs MB-snapshot-79.png  
Reply With Quote
The following user says Thank You to Eric j for this post:
 
  #68 (permalink)
Elite Member
kuala lumpur, Malaysia
 
Futures Experience: Intermediate
Platform: Looking for options
Broker/Data: Oanda,IB,Lmax
Favorite Futures: FOREX
 
kami's Avatar
 
Posts: 31 since Mar 2011
Thanks: 13 given, 10 received


LukeGeniol View Post
I would not denigrate forex spot, especially for starting live trading with low budget. I know most of MT4 broker are buketshop. But i think MBT or Dukascopy are fine for starting, next when u gain confidence with your trading, and see u have an edge, u can switch to currency futures with the right budget.

Hi luke or anyone here that can advice me.

I start to look future instrument n interested in future forex.

Pls advice recommended broker n why?

Any tips I can refer for trading future forex or it is just the same like spot forex.

Any demo can I try?

Thanks.

Reply With Quote
 
  #69 (permalink)
Elite Member
Italy (IT)
 
Futures Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker/Data: Rithmic
Favorite Futures: CL, Brent, GC, TF
 
LukeGeniol's Avatar
 
Posts: 1,501 since Apr 2010
Thanks: 408 given, 974 received


kami View Post
Hi luke or anyone here that can advice me.

I start to look future instrument n interested in future forex.

Pls advice recommended broker n why?

Any tips I can refer for trading future forex or it is just the same like spot forex.

Any demo can I try?

Thanks.

You can try futures demo with Ninjatrader and ZenFire or Rithmic data, or also with Sierrachart and Rithmic, TT, CTS data etc.

Take your Pips, go out and Live.
Luke.
Reply With Quote
The following user says Thank You to LukeGeniol for this post:
 
  #70 (permalink)
Elite Member
kuala lumpur, Malaysia
 
Futures Experience: Intermediate
Platform: Looking for options
Broker/Data: Oanda,IB,Lmax
Favorite Futures: FOREX
 
kami's Avatar
 
Posts: 31 since Mar 2011
Thanks: 13 given, 10 received

Dukascpy vs MB : latest info


Dukascopy

Advantages
-------------

1.tight spread

a)Spread lower than MB for certain pair

b)Spread higher than MB for certain pair

2. Commisson discount up to 45% thru IA (It make same advantage as MBT commision)

3.Dukascopy is a bank. Your money is safe with 100,000 CHF insurance on all deposits.

4.The Market liquidity is larger than MBT

5. Hedging: YES

6. Leverage 1:100 (higher than MBT)

7. Cheaper commission than MBT for account above $50k

Disadvantages
-----------------

1. No deposit via credit card. Charges for wire transfer is high based on where you are.

2. Take longer time for account opening possible up to 3 weeks.

a) Tedious documentation approval but good for your money security.

3. Commission is higher than MB with account lower than $50k however you can back 45% your commission with your IA.



MBTrading

Advantages
-------------

1.Tight spread

a) Spread is lower than Dukascopy for certain pair

b) Spread is higher than Dukascopy for certain pair

2.Commission is lower than Dukascopy compare to if u open less than $50k account in dukascopy

3.Deposit and withdrawal can use Credit Card/Debit Card. It is really save your time.

4.MBT university offer a lot of education.

5.Support is good.

6.Live account opening take within a week.

Disadvantages
-----------------

1.To lower your commission you need to put limit order in and out (actually happy with this. Train me to improve my MM)

a) I also use cashbackforexusa.com to lower my commision

2.MBT is not a bank but protected by SIPC - Securities Investor Protection Corporation (not sure how good it is)

3.The market liquidity is lower than Dukascopy. Sometimes stopped out in MBT but not in Dukascopy (Depends on pair)

4. Hedging: NO

5. 1:50 Leverage


Moral of story

- I trade on both places.

a) Based on what strategy. Sometimes the strategies work in MBT but not Dukascopy.

a) Find cheaper spread to trade for high volatility pair. for example GBP/JPY only at Dukascopy (very cheap spread)..


PS: you can check spread comparison via FX Intelligence | Your Source for Forex Broker Comparisons .. compare MBT vs Fxopen ECN (Same data.Partnership with Dukascopy)


Last edited by kami; May 20th, 2011 at 04:44 PM. Reason: Dukascopy commision for above $50k
Reply With Quote
The following 5 users say Thank You to kami for this post:

Reply



futures io > > > > Dukascopy vs MB

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
MB Trading papa15 Reviews of Brokers and Data Feeds 60 June 4th, 2015 10:47 PM
NinjaTrader or similar on Dukascopy kashbg Currency Futures 3 January 15th, 2015 09:31 AM
DTN Bridge (Dukascopy to NT) LukeGeniol Trading Reviews and Vendors 22 October 29th, 2013 05:51 PM
Dukascopy / Molecule6 tderrick Currency Futures 20 February 11th, 2013 10:22 AM
MB Trading and NT bigK Reviews of Brokers and Data Feeds 3 January 5th, 2010 04:51 PM


All times are GMT -4. The time now is 06:45 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-13 in 0.14 seconds with 20 queries on phoenix via your IP 54.90.92.204