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Our Opinion of MB Trading Futures

Written by Felix Homogratus

Step 1 - Trading Environment

General Requirements: The Forex broker must provide natural trading environment. You can test that by checking whether your limit orders affect spread on their platform.

Status: Passed

Report: On the video below I use MB Trading Futures forex trading platform to submit limit orders in between spread of three different currency pairs. My limit orders are reflected in their market depth window, and the spread reflects each one of my limit orders.



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Step 2 - Commissions

General Requirements: Forex broker must charge commissions.

Status: Passed

Report: MB Trading Futures charges commission. Details are available at http://www.mbtrading.com/fx/commissions.asp.

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Step 3 - Regulation

General Requirements: the forex broker must be regulated.

Status: Passed

Report: According to my research official name of MB Trading Futures parent company is MB Trading Company Inc. They are regulated by the following regulatory agencies:

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Step 4 - Reputation

General Requirements: Forex broker must be in business for at least 3 years, must have at least one article in major financial newspaper, and must have at least 20 customer reviews on my website Forex Peace Army and a rating of 3 stars or higher.

Status: Passed

Report: According to California Secretary of State, MB Trading Futures Inc was incorporated on November 21st, 2001.

It looks like domain mbtrading.com was registered on August 30th, 1997. You can go to this link to see their domain information:
http://www.networksolutions.com/whois/results.jsp?domain=mbtrading.com

It looks like there were several articles about MB Trading Futures in reputable financial magazine by the name of Barron's. It looks like Barron's awarded MB Trading Futures with awards in 2004, 2005, and 2006.

MB Trading Futures has well over 100 reviews on FPA website, and its average rating is 4 stars. To read user reviews about MB Trading Futures, go to this link:
http://www.forexpeacearmy.com/public/review/www.mbtrading.com

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Step 5 - Withdrawal Costs

General Requirements: Forex broker must allow clients to make unlimited withdrawals and have at least one withdrawal option that costs $10 or less and takes 1 week or less to receive.

Status: Passed

Report: MB Trading Futures has a policy that allows clients to make unlimited withdrawals per month, and if you request withdrawals by checks for regular domestic delivery, they are FREE.

I personally have requested withdrawals by check many times, and noticed that the envelopes they sent checks in were postmarked usually within 24-48 hours of my request.

To read all of MB Trading Futures withdrawal options, visit this link:
http://www.mbtrading.com/fx/bankingFees.asp.

Click here to learn more about our rebate program

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