EL SEGUNDO,
CA – (IBWire.com Oct 24, 2011) – MB TRading FX, a technology-driven Forex
brokerage offering STP and ECN execution via MetaTrader 4 as well as multiple
trading platforms, announced today the launch of its Free ECN pricing
structure. MB Trading FX is the first Forex broker to offer free ECN trading.
“The ECN
model has matured, and MB Trading FX has led those changes. We believe now is
the time to again raise the bar with a commission-free ECN model. This bundles
the best of all things FOREX to date—an ECN model with orders reflecting on our
Limit book, customers able to cross orders with one another, and a non-fixed
spread where all participants may reduce the spread with their bids and
offers,” said Ross Ditlove, CEO of MB Trading. “Some traders clearly prefer to
not have a commission added to their trade after the fact. With this plan, we
take our bank fee and apply a small mark-up to cover our costs. The price that
is reflected in the montage is the total trade cost. For clients who prefer to
only post their limit orders, MB Trading FX will continue to offer its hugely
successful Pay for Limits plan, which to date has paid clients over half a
million dollars in rebates.”
The company
is the first brokerage to offer such a pricing structure via its MetaTrader 4
platform. MB Trading FX is now accepting live accounts for the new pricing
model and has updated its website to display comparisons of its spreads to
other non-commission brokers on its website, www.mbtrading.com.
”Thanks to
MB Trading FX’s neutrality, our bank quotes are very competitive, thus we
can add a small mark-up into the quote and compete with any spread-based Forex
broker while still showcasing our ECN technology to allow retail customers to
enjoy these benefits,” said David Lipsett, Executive Vice-President of MB
Trading. “This gives traders two unique pricing plans to select from, both of
which are very competitive models within the industry.”
About MB
Trading:
Securities
products are offered through Manhattan Beach Trading Financial Services,
Inc.(MBTFS), member FINRA, SIPC. MB Trading Futures, Inc. (MB Trading FX) is a
CFTC registered RFED and member of NFA. MB Trading FX offers execution and
settlement services for futures based products and off-exchange foreign
currency (Forex) products. MBTFS and MB Trading FX are sometimes
referred to collectively herein as "MB Trading”.
Disclosures
Trading
in stocks, futures, options, and Forex is speculative in nature and not
appropriate for all investors. Investors should only use risk capital when
trading futures, options and Forex because there is always the risk of
substantial loss.Account access, trade executions and system
response may be adversely affected by market conditions, quote delays, system
performance and other factors.
All
trademarks are the property of their respective owners.
Contacts: All
inquiries can be directed to: David Lipsett - d.lipsett@mbtrading.com
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