Dislikedi have a couple questions. i have not read this entire thread, so i am sorry in advance if they have been addressed already.
1. you guys are located in the los angeles area. what would happen to the company, it's operations, & the service it provides if a devastating category 8+ earthquake simply rocked the hq there & disrupts power for weeks? (god forbid). does mb have an action plan in case it does? if so, what is it?
2. how hard or stringent is it for someone to qualify for an acct there? if someone is not employed & their net worth is less than...Ignored
Thanks for the opportunity to respond.
#1 from our website:
Network Reliability
MB Trading's server environment was built to support mission critical operations, complete with climate controlled rooms in a secured building.
MB Trading's server farm is powered by redundant uninterrupted power supply units with back-up generators standing ready in case of power grid failures to provide full electrical power restoration in just a few seconds. Each individual workstation on our trade desk and client support area is also powered by backup batteries and a backup generator. Going even further, all account information is mirrored; even in the unlikely event that one complete network fails, the system is designed so that the redundant network will immediately be connected to protect your orders and facilitate the execution of your trades.
Each individual workstation on our trade desk and client support area is also powered by backup batteries and a backup generator. Going even further, all account information is mirrored; even in the unlikely event that one complete network fails, the system is designed so that the redundant network will immediately be connected to protect your orders and facilitate the execution of your trades.
Server Farm Architecture
The servers that make up our farm are designed with multiple back-up systems. A status monitor constantly watches every server in the network, checking for a stable connection. In the event of failure of any one server, your order will be routed to another server in the network. Furthermore, this extensive error-checking is backed by redundant data and execution lines.
Server Redundancy
Your quotes, subsequently, are received in a very timely fashion. Your account balances, positions, and quotes update instantly assuming the Internet path to your machine is clear.
#2 - unemployed and low net worth would require us to perform much more due diligence on the client before the applicant would be approved...and even then, we turn many clients away who fall in this category. It is a matter of corporate responsibility, especially with the risk associated with trading FX on leverage.