killunix: that looks indeed wrong. What setting do you have in the preferences - Order Entry - MBTX Price vs. Speed? Set that slider completly to the right (price). This setting produced strange fills when set to speed in the past. Chat up their ...

MB Trading Futures - Introduction

Trader_KGB: This looks rather impressive, if your picture is a representation for "normal" markets on HotspotFXi. Do you trade on this platform? As far as i know, there are no stop-orders supported on FXi (just bids and offers), how do you cope with ...

Best broker for scalpers?

I dont know the specifics of your case, but Neuimex-clients (swiss broker that was shut down earlier this year) will recieve something like 10% of their claims (that doesnt mean this will be the same in your case). The whole process, from shutting ...

Tradex Swiss AG

So if Hotspot would only have 4 mio. and still be owned by NITE, they would still be on your list? Those standards dont make sense. That example proves perfectly well, that no conclusions can be drawn about a firms financial backing, solely based on ...

Proposed NFA Capital Requirement

Not an entirly accurate description of JP Morgan in my book ) Sun, a simple google-search would have found you: url I dont know if they want to deal with individuals. Probably not.

JP Morgan/Chase

My opinion: USD 1 mio. doesnt sound too much. If the firm does indeed go down because of a fraud, this will never be enough. The rest means basically nothing. What they do not mention is: should they go down, then MBTF's futures account customers ...

MB Trading capitalization

Id like to trade with Hotspot, but the way they handle stop and limit orders is horrible. If you search the forums, i have explained else where how they work. Otherwise its a good broker, cheap commission. They have been bought by Knight Capital, i ...

MB Trading capitalization

There seems to be some sort of misconception, the difference in what is being charged/payed for long/short swaps doesnt say anything about them being fair or not.

Swaps ! Acceptable?

Yes you have to open a live account, and if im not mistaken min. deposit for a margin account is USD 5000. If you dont trade at all, they also charge $10 each month as some sort of platform fee.

Interactive Brokers - experiences and opinions

The IB Demo has only recorded prices, but live customers have a "papertrading account", where they can test strategies with real market data.

Interactive Brokers - experiences and opinions

Both firms are good in my book, be sure to understand IB commissions tho. If you trade very small quantities, EFX is cheaper, if you trade a bit bigger (>250k units) IB is cheaper.

Interactive Brokers - experiences and opinions

Yes i know that, and i also acknowledge the point that some fx retail brokers (certainly not all in my opinion) have odd practices and are misuseing their position as a marketmaker. But then again, for me, FX is anything but intransparent. Here on ...

MarketMakers

OTC means "over the counter", as in not traded on a regulated exchange like the CME, but traded in a private agreement between 2 counterparties. Because its not traded on an exchange, there is no need for special contract specification, that means ...

Non-desk dealer that offer currency options?

The CME cannot offer anything OTC by definition.. Also i think you are talking about the spread, not the premium. Be sure you understand options before you trade them! You need to know the math, even if you want to trade solely with discretion. I ...

Non-desk dealer that offer currency options?

You can trade vanilla currency options on CBOE through MB. The vast majority of FX options volume is traded OTC tho, much if it still on the phone. But, quite honestly, if you think options are "easier", i think you should think again, they are much ...

Non-desk dealer that offer currency options?

Customer protection as in when the firm goes bankrupt? None - customers get what is left of the funds, which is in most cases not much. Its the same like in the US, or most other places for that matter. The bigger problem is that ANY NUTTER can open ...

Tradex Swiss AG

saviour: And having a clean regulatory record since nearly 10 years counts for nothing? How long have your bancrupt firms been around, and how long has MB been around? IMO you can scratch MB from your list.

Proposed NFA Capital Requirement

Yes, that is a standard procedure, they need to make sure you are who you say you are, due to anti-money-laundring laws. Some brokers even require to send notarized document-copies.

ODL application by sending scanned documents

If you cant log in to the platform for whatever reason and want to close positions or change orders, you can call the trade-desk (rather than customer support).

MB Trading Futures - Introduction

I dont know if your problems are related to that, but MB/Efx sometimes clear out IP adresses that are logged in for a long time without activity and mark them as "unfriendly". Support can fix such a situation. This information comes from neoticker ...

MB Trading Futures - Introduction