Forex Traders: After years of putting up with unethical brokerage practices and paying too much in forex transactions, we've finally found a broker we're comfortable recommending to our user base. MB Trading is the only brokerage that goes above and beyond in regards to:
ECN Execution Because of MB Trading's ECN framework, they never take the other side of your trade, removing all conflict of interest with customers. MBTrading.comTightest Spreads MB Trading's liquidity providers include banks, large institutions, and traders. MB Trading takes the most competitive Bid & Ask price from its pool of liquitidy providers and from that, the market is created. Unlike many brokers, MB Trading does not "insert" any spread into the currency quote. Regulation MB Trading is headquartered in El Segundo California and is registered with the NFA (ID#0315389). Trading Cost If you're trading with a large broker that inserts spread (FXCM, Forex.com, FXDD) you're paying between 1-2 pips per trade, which works out to be 10-20 dollars per standard lot traded. With costs like that it's no wonder brokers want to hide their commission inside the spread. When compared to MB Trading's ~6.00 per 100k (2.95 each way) you're saving close to 10 dollars per trade. One trade a week? 520 dollars a year. If you haven't been making money trading Forex, you might need to see how much of your profits your broker is taking from you. To read our full review of MBTrading, you can click the link below: Thanks and as always, any questions or comments can be directed to info@forextoolshop.com. Forex Tool Shop |
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