Well all I can say is what I'm seeing on MBT is nearly identical to what I'm seeing on two different ECNs (as well as HotSpot FXr from what I've heard). If you're solely talking about spreads, then you're misinterpreting brokerage risk with market ...

MB Trading Futures - Introduction

I routinely have an MBT quote panel up alongside both IB's feed and a Currenex feed. Rarely do the quotes differ to a noticeable extent between any of them, mainly due to the commonality of liquidity providers across all 3 venues. The spread ...

MB Trading Futures - Introduction

Here's the tricky part. IB doesn't handle spot FX in the normal currency contract sense, the actual currency is debited/credited to your account. Whether that changes anything in the eyes of the SIPC is questionable however. It's probably wise to ...

Our brokers segreated customer accounts protected by FDIC or any other entity?

IB offers $1 million of cash coverage for client accounts via SIPC and Llyods. I don't know of any other retail FX firm that offers similar insurance coverage. If anyone does, I'd like to hear about it. As BurgerKing mentioned, client deposits are ...

Our brokers segreated customer accounts protected by FDIC or any other entity?

Nice job. Keep the stops tight and the leverage low until the smoke clears.

Aussie Pairs

Now there's the surprise cut reaction I was looking for. -285 since 5pm, most of it in the past 20 minutes. MBT is showing a trade went off at .5600

Aussie Pairs

How many days of intraday data are available?

MB Trading Futures - Introduction

SIPC also covers $100k cash in securities accounts. I'm not aware if any other FX broker falls under SIPC coverage like IB does. url

Going live with USD100k, which broker should I choose?

Backfilling QuoteTracker.

MB Trading Futures - Introduction

Justin, Any news on the historical data/backfilling?

MB Trading Futures - Introduction

Can't help but shake the feeling the RBA leaked its intentions early to some inside players. Aussie falls an unprecedented 9.4% in a single day on a run-of-the-mill (lately) market decline, then moves higher following a "surprise" 100bp rate cut? ...

Aussie Pairs

With a sketchy bank no one's heard of and a guarantee letter with the Duka president listed as the beneficiary. Don't waste your time, trust me. I and others have already been down this route, complete waste of time it turned out to be.

Going live with USD100k, which broker should I choose?

Alas, I switched over to index futures ever since cross rate spreads widened post-Lehman. I'm up, but could've been doing gravy had I stayed short the carry trade. Were you short A/J over the weekend? If so, congrats!

Aussie Pairs

$1mil in cash coverage, $30mil in securities coverage.

Going live with USD100k, which broker should I choose?

Fantastic my friend! Does it run on methane?

Aussie Pairs

Make that 14%! Unbelievable! I really have to stop jinxing this poor pair..

Aussie Pairs

Ah yes, the '95 TL. U/J already made mincemeat out of that one. I made the comment to DutchTrader a year ago that if the '95 TL broke, it would foretell an upcoming financial apocalypse. Although that was intended to be sarcastic, the past month's ...

Aussie Pairs

Make that 5%, wow.

Aussie Pairs

Another day, another 3.6% slam for AUD/JPY. My hats off to anyone trading this with significant leverage. Going to be an exciting week with what we've seen in the first 6 hours of it.

Aussie Pairs

It's broken now. Will be interesting to see where the daily and weekly candles close here. We could easily pop back up into the trend, but for now, the major trend is broken as of today's price action.

Jacko's Forex House of Pleasure and Pain