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Dukascopy vs MB
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Dukascopy vs MB

  #1 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
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Dukascopy vs MB

Does anyone have a preference over either of these?

tia


AJ
Nashville, Tennessee


"Life On The Edge of SR"
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  #2 (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
 
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I think they are both good, Dukascopy give an advantage for the non US dollar trader, cose u can open and trade with other currency, so you have not to deal with the exchange of dollars in their own currency, and also thru an introducing agent u will pay less commission.
On the other side MBT is directly supported by NT, if u like to trade with it.

Take your Pips, go out and Live.
Luke.
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  #3 (permalink)
Elite Member
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Futures Experience: Intermediate
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LukeGeniol View Post
I think they are both good, Dukascopy give an advantage for the non US dollar trader, cose u can open and trade with other currency, so you have not to deal with the exchange of dollars in their own currency, and also thru an introducing agent u will pay less commission.
On the other side MBT is directly supported by NT, if u like to trade with it.


Well, I Thought that I had just about decided on Dukas, but It sure would be nice not to have to learn new software to trade Forex...

But the M6 rebate thing is great, also....

Hmmmm.... More thinking is necessary....


AJ
Nashville, Tennessee


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  #4 (permalink)
Administrator: Retired Backtester
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Rennes France
 
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LukeGeniol View Post
I think they are both good, Dukascopy give an advantage for the non US dollar trader, cose u can open and trade with other currency, so you have not to deal with the exchange of dollars in their own currency, and also thru an introducing agent u will pay less commission.
On the other side MBT is directly supported by NT, if u like to trade with it.

You can open an account in Euro with MBT now.
The process for opening an account with Dukascopy is very long, more than 3 weeks, it's much faster with MBT (about a week).

Success requires no deodorant! (Sun Tzu)
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  #5 (permalink)
Elite Member
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Duka seems to be less expensive to set up and trade, which is more important to me at this point... Perhaps
graduate to MB later.... and truely compare the two....

Just looking to get away from Oanda and see if an ECN makes any difference... I seem to be constantly breaking even at Oanda...


AJ
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  #6 (permalink)
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hmmm

i dont see how changing brokers or platforms help goto the sharkys realworld classroom and post some examples of how you trade i will see if i can help you with some tips...sharky

KILLING THE MARKETS DAILY
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  #7 (permalink)
Elite Member
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Futures Experience: Intermediate
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sharky View Post
i dont see how changing brokers or platforms help goto the sharkys realworld classroom and post some examples of how you trade i will see if i can help you with some tips...sharky


Well... Oanda is a market maker. I just want to make sure it is truly my trading that is keeping me at 50 / 50.
I am more or less just dabbling to see which approach works best for forex.

I'll take you up on that help... I'll be firing up my futures trading again at the first of the year, as I have been building up my trading account to a proper size. I learned from this site that I was a bit underfunded to trade
properly...

I'll PM you when I start back up... My Christmas bonus should put me over the top...


AJ
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  #8 (permalink)
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hmmm

why do you trade forex? i would suggest trading the futures currencies...sharky

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  #9 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
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Posts: 1,589 since Sep 2010
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sharky View Post
why do you trade forex? i would suggest trading the futures currencies...sharky

I probably will do just that...


AJ
Nashville, Tennessee


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  #10 (permalink)
Elite Member
Italy (IT)
 
Futures Experience: Advanced
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Posts: 1,501 since Apr 2010
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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.

Take your Pips, go out and Live.
Luke.
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