Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
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.
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.