Broker Name: MB trading
Minimum Initial Deposit: 400 USD
MB trading broker review tells that MB trading broker is a well known forex broker. This forex broker runs in a completely online based platform. MB Trading broker provides different trading platform for the forex traders including two basic platforms. These are MBT Desktop Pro and MBT Web for equity trading. The exciting thing about MB trading broker is that a forex broker can do foreign exchange trading even with a mobile. MBT Desktop is designed for the professional investors rather than new investors.
MB trading broker has different kinds of account for the forex trader and they can choose any of the as their comfort. Forex trader who wants to involve in forex trading on their own can go for an individual account. With this type of account, under one social security number only one person is allowed. If a trader wants to trade jointly with tenants, Joint tenents in Common (JTIC) is there. Other types of accounts are Joint Tenents with Rights of Wonership (JTWROS), Trust account, corporate accounts or LLC, Limited or general partnership accounts, Foreign Classification accounts, Custodial Accounts and Individual Retirement account (IRA).
Advantages that a forex trader can get in doing forex trading with MB trading broker is that they provides 24/7 basis customer service to its clients. Doing forex trading with portable devices like mobile phone and other web based portable devices is a great feature of MB trading.
Weakness of MB trading broker is that its lacks the snap windows for easy setup and limited option trade analysis. And another weakness of MB trading broker is that the web page is pretty slow in the time of log in. The limit of 100,000 USD per day in incoming funds can be considered as an obstacle for the big forex trader while doing forex trade with MB trading broker. The minimum initial deposit is 400 USD which makes tough for the new forex trader to take part in foreign exchange trading.
MB trading achieved various award for providing quality services to its clients over the years by different awarding body. Awards achieved by MB trading broker includes tradeking award in 2016 for their excellent service. In 2015 they achieved 4 stars for commissions & fees, ease of use and offering of investment. In the year 2014 MB trading 4 stars for platforms and tools. They got 4 stars for platform and tools in 2013 also for providing good platform of investment and excellent tools in forex trading. In 2012, MB trading was best in Class for Platform and Tools, Active Trading and Options Trading.
MB trading broker provided excellent client service in forex trading over the years since its inception. MB trading broker aimed at providing quality foreign exchange trading service for the experienced foreign exchange traders as well as the new and inexperienced forex trader. Forex traders who want to trade foreign exchange with a sound technical support and customer support can easily go for MB trading for their forex trading place.