MB Trading?

Discussion in 'Automated Trading' started by const451, Dec 28, 2010.

  1. const451

    const451

    Anybody uses them for automated trading?

    They are missing some info on the website:

    1. What minimum do they require for FX trading?

    2. Do they have a C++ friendly API?

    What's the opinion, are they good? I saw they were rated #1 by Barron's.

    thanks!
     
  2. cstfx

    cstfx

    1. Only need $400 USD to open an account and minimum trade size is 1000 units

    2. They support VB, C (and C++ and C# as well), and Excel to interface with their Navigator (fully Microsoft COM-compliant development platform) which means Visual Studio able

    3. #1 on Barrons? So is TOS and IB. Depends on how you read the results.

    As to automated trading with them, have you taken a look at using Ninjatrader to write some automation? Their Ninjascript is C# and the engine is already there. Much easier than starting from scratch.

    Oh, and they are pretty decent fx brokers overall. Only real complaints are the commish is 50% higher than IB and they have limits on ACH withdrawals.
     
  3. no hedging and 1:50 leverage " i think"
     
  4. cstfx

    cstfx

    True, but that is the same for ALL US based fx retail brokers