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TradeKing is acquiring MB TRADING


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TradeKing is acquiring MB TRADING

  #1 (permalink)
 
nathanologist's Avatar
 nathanologist 
Burlington, Vermont
 
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I received this by email today, and confirmed that it means tradeking will be offering futures trading eventually.

"What does this mean for you?

You’ll gain access to MB Trading’s award-winning active-trading software, offering even greater precision and control:

Fully customizable with enhanced market data, real-time P&L, and Level II quotes
Even more order types with a robust, automated alert-and-trigger order system
Advanced charting, a complete scripting language to create custom executable trading scripts, a comprehensive scanner to find tradeable patterns, and more
What happens next?

Over the coming months, we’ll be working together to bring you the best of our combined set of tools, our pricing, and our services, and we’re committed to keeping you informed every step of the way. For now, it’s trading as usual."

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  #3 (permalink)
 
LDog's Avatar
 LDog 
Lafayette, TN/USA
 
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nathanologist View Post
I received this by email today, and confirmed that it means tradeking will be offering futures trading eventually.

"What does this mean for you?

...
For now, it’s trading as usual."

Big change - no more EXN or Limit payments. Per the website, the Forex accounts are transitioning next week - https://www.ally.com/invest/

I've been using their sim - thinking about using them, but now it will be TradeKing. Does anyone here use TradeKing for Forex?

I don't know the specifics but I do know that they list Dealing Desk for trade execution - http://www.tradeking.comhttps://invest.ally.com/forex/platform_comparison.htm.

My alternative was going to be FXCM, but with them getting hacked - I don't feel any warm and fuzzies there

I'm going to search for other threads about brokers that are noob friendly but any suggestions will be welcome.

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  #4 (permalink)
 
MrYou's Avatar
 MrYou 
NC, USA
 
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There's also no mention of NinjaTrader so I assume they are dropping the platform.

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  #5 (permalink)
 
NinjaTrader's Avatar
 NinjaTrader  NinjaTrader is an official Site Sponsor
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MrYou View Post
There's also no mention of NinjaTrader so I assume they are dropping the platform.

NinjaTrader will continue to be supported at TradeKing/MBT for Futures, Forex and Equities.

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  #6 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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NinjaTrader View Post
NinjaTrader will continue to be supported at TradeKing/MBT for Futures, Forex and Equities.

Just to clarify -- I'm assuming you mean no one can open a new account and start using NinjaTrader today with that brokerage -- they would need to be an existing client prior to your cut off date, right?

Mike

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  #7 (permalink)
 
NinjaTrader's Avatar
 NinjaTrader  NinjaTrader is an official Site Sponsor
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Big Mike View Post
Just to clarify -- I'm assuming you mean no one can open a new account and start using NinjaTrader today with that brokerage -- they would need to be an existing client prior to your cut off date, right?

Mike

Incorrect.

MBT is supported for new and existing clients.

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  #8 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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NinjaTrader View Post
Incorrect.

MBT is supported for new and existing clients.

OK good to know. I guess they are the only brokerage that has this capability, outside of your own? I didn't know there were exceptions, I thought new accounts were via NinjaTrader Brokerage only.

Mike

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  #9 (permalink)
 
learning0101's Avatar
 learning0101 
Houston, Texas
 
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LDog View Post
Big change - no more EXN or Limit payments. Per the website, the Forex accounts are transitioning next week - https://www.ally.com/invest/

I've been using their sim - thinking about using them, but now it will be TradeKing. Does anyone here use TradeKing for Forex?

I don't know the specifics but I do know that they list Dealing Desk for trade execution - http://www.tradeking.comhttps://invest.ally.com/forex/platform_comparison.htm.

My alternative was going to be FXCM, but with them getting hacked - I don't feel any warm and fuzzies there

I'm going to search for other threads about brokers that are noob friendly but any suggestions will be welcome.

Hello @LDog and anyone else that cares to chime in
Is the "dealing desk" a bad thing?
Seemingly with little research, like one google search it is.
Dealing Desk vs. [AUTOLINK]No Dealing Desk[/AUTOLINK] Forex Brokers
Looking for more seasoned people to clarify is bad or good or indifferent??
Thanks in advance

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  #10 (permalink)
 
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 NinjaTrader  NinjaTrader is an official Site Sponsor
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Big Mike View Post
OK good to know. I guess they are the only brokerage that has this capability, outside of your own? I didn't know there were exceptions, I thought new accounts were via NinjaTrader Brokerage only.

Mike

There are a number of brokerages that we continue to support for new clients and will be introducing new ones in the future as well.

Brokers | Futures, Forex and Equities | [AUTOLINK]NinjaTrader[/AUTOLINK] Ecosystem

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Last Updated on October 20, 2015


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