mbt scalping

eurodollar · Jan 30, 2006

hi, i am using a demo for this new broker MBT trading which has 1 pip spead and unlike most brokers encouarages scalping because they claim to be a true ECN style broker. today i made 2 trades where the ask lower then the bid and made 1pip on each! i was wondering if there is anyone else who uses this broker?

neil · Jan 30, 2006

comments on MBT

eurodollar said:
hi, i am using a demo for this new broker MBT trading which has 1 pip spead and unlike most brokers encouarages scalping because they claim to be a true ECN style broker. today i made 2 trades where the ask lower then the bid and made 1pip on each! i was wondering if there is anyone else who uses this broker?

Lots of comment re MBT on the site listed below.

http://www.elitetrader.com/vb/searc...=1057298&sortby=lastpost&sortorder=descending

I have no connection with, knowledge of, nor do I use them

xtf · Jan 30, 2006

eurodollar said:
hi, i am using a demo for this new broker MBT trading which has 1 pip spead and unlike most brokers encouarages scalping because they claim to be a true ECN style broker. today i made 2 trades where the ask lower then the bid and made 1pip on each! i was wondering if there is anyone else who uses this broker?

The spread looks great but it seems almost impossible to execute a trade quickly . With a price ladder this could be good, or even if it was more obvious if you've been filled or not. Did you find a way round all the clicking you have to do to get in and out?

JP1966 · Jan 30, 2006

eurodollar said:
hi, i am using a demo for this new broker MBT trading which has 1 pip spead and unlike most brokers encouarages scalping because they claim to be a true ECN style broker. today i made 2 trades where the ask lower then the bid and made 1pip on each! i was wondering if there is anyone else who uses this broker?

This does not sound encouraging. Assume their platform is still freezing hence the backwardations - on the live platform you won't be filled at the quoted price.

mbt scalping

eurodollar

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neil

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xtf

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JP1966

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