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Your experience with MB Trading?
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Your experience with MB Trading?

  #1 (permalink)
Elite Member
Chicago, Illinois
 
Futures Experience: Beginner
Platform: Esignal
Favorite Futures: ES, NQ, Crude
 
Posts: 120 since Apr 2012
Thanks: 12 given, 221 received

Your experience with MB Trading?

So I've been doing some research of the other brokers out there.
I've had an account with Interactive Brokers forever....well over 5 years and I love them.

My only problem is their margin requirements seem to be skyrocketing every year.....to the point where now they simply match up with whatever the CME requirements are.

I recently discovered MB Trading, and noticed the the following intra-day comparisons:


Security IB Margin MBTrading Margin

NQ 1250 625

CL 3511 1721

GC 10125 2531

6E 4860 1182

YM 1563 781



Looks like the margin requirements for MB Trading are astonishingly low.

The other main reason I like them is they are SIPC insured....which separates them from all the brokers that are popular on this forum.....such as Mirus, Velocity, Advantage, and so on.
Usually brokers with insanely low margin requirements don't have SIPC insurance.....so thats what makes MB Trading very unusual.

Can anyone tell me about their execution on fills?
Are you scared of their relation to Penson, which seems to be going bankrupt very soon?

Interactive Brokers is hands down the best broker on the planet....but their margin requirements suck.
I need some other ones, MB Trading fits the bill....but questions remain.

Post on here with your thoughts.

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
 
  #2 (permalink)
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  #3 (permalink)
Elite Member
San Diego, CA USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
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https://futures.io/brokers-data-feeds/17461-mb-trading-penson-financial-account-funding.html#post212420

"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
 
  #4 (permalink)
Elite Member
Chicago, Illinois
 
Futures Experience: Beginner
Platform: Esignal
Favorite Futures: ES, NQ, Crude
 
Posts: 120 since Apr 2012
Thanks: 12 given, 221 received

Whoops, the format came out strange, here is the comparison again.

Looks great, but seems too good to be true:




NQ.....IB Margin 1250, MBTrading Margin 625

CL.....IB Margin 3511, MBTrading Margin 1721

GC.....IB Margin 10125, MBTrading Margin 2531

6E.....IB Margin 4860, MBTrading Margin 1182

YM.....IB Margin 1563, MBTrading Margin 781

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
 
  #5 (permalink)
Site Administrator
Manta, Ecuador
 
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Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
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I am closing this thread. It is a duplicate of an existing thread:

https://futures.io/brokers-data-feeds/4551-mb-trading.html

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