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)
I was with MB Trading for about 3 years (I stopped using them about 2 1/2 years ago ). Their spreads and commissions were ok, but I had several problems with order execution. I would enter the euro/usd sometimes, and this wasn't even when it was a volatile moment, with a market order. The order would often show up as pending and would just hang there..sometimes for over 30 seconds to a minute...and it wouldn't let me cancel either. This caused me to have some terrible fills. Once i was in a trade for close to 5 lots and it started to go against me. No matter how many times I tried to exit the trade, the order kept rejecting. I had plenty of margin, so it wasn't any fault of mine. I found myself down close to 100 ticks and I frantically called their trade desk. They said some servers were out or something. Finally i got out, but had a huge loss. I tried to get them to reimburse me, but they refused. They only waived my commission on that one disasterous trade.
Again, this was a couple of years ago and it may have never happened again to anyone. But between the bad fills and that big loss because of their technical issue, I decided to stop using them. I'm not badmouthing them..just sharing my experience.
