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MB Trading Desktop Pro

  #21 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,442 since Jun 2009
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Interesting, I never experienced these problems. But I also used limit orders, because with MBT that makes the most sense since they pay you to do so. I just placed a limit @ the offer and got filled immediately, no slippage.

I also didn't trade during news events though, so not sure about their data feed during a busy market.

Mike

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  #22 (permalink)
 
monpere's Avatar
 monpere 
Bala, PA, USA
 
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Big Mike View Post
Interesting, I never experienced these problems. But I also used limit orders, because with MBT that makes the most sense since they pay you to do so. I just placed a limit @ the offer and got filled immediately, no slippage.

I also didn't trade during news events though, so not sure about their data feed during a busy market.

Mike

Their pay for limit orders is good though. Never had issues with that, they credit your account immediately. I also always enter on limit orders, but exit with stop market orders, those are the problematic ones in terms of slippage. I also realize that the commissions per trade are cheaper then other brokers like Interactive Brokers (for example), until you start trading more then about 50,000 Forex units, at which point MB Trading becomes increasingly more expensive as you trade more and more size, as opposed to IB which has fixed commissions, and therefore becomes less expensive as you trade more size.

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Last Updated on December 18, 2011


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