FOREX trading is a highly leveraged product which can result in losses that exceed your initial deposit. These products may not be suitable to everyone so please ensure you fully understand the risks involved and seek independent professional advice if necessary.
MBT Financial UK Ltd (“MB Trading UK”) is Authorised and Regulated by the Financial Services Authority. Registered in England & Wales. Registered office at Russell Square House, 10-12 Russell Square, LONDON WC1B 5LF. Company number 7216039. This website and the services described within are not directed at residents of the United States or any other jurisdiction where it would be contrary to local law or regulation.
1MBTFX offers two Forex pricing models. (Different pricing plans may apply for Chinese residents depending on the use of a third party contractor). In the Commission Free EXN (Electronic Xrossing Network) model, MB Trading FX receives a small markup embedded in the spread, which is a portion of the difference between the bid price and ask price for commission-free trading. The term EXN is defined as electronic system that widely disseminates to third party orders entered therein and permits such orders to be displayed and executed against in whole or in part. In the Pay for Limits model, the term "Payment for Limit Order" refers to a non-market order which is not immediately executable and rests on the internal limit order book for some period of time, thus adding liquidity when another order of equal or greater value fills with the resting order. The Actual Total Paid to Clients number is updated every five minutes and stops counting during the weekend when the market is closed. The number calculates from the launch of Pay for Limits, which was January 31, 2011. Due to higher cost of business in China, “Get paid for limit orders” is not available for Chinese residents. Accounts with special commission rates are excluded from Payment for Limit Orders. There is a minimum fee of $0.01 for all Forex and spot trading orders that take liquidity.
*Real-time Forex Quotes are provided via the MBT Quote API. Quotes are available during platform hours from Sunday at 10 pm GMT to Friday at 10 pm GMT, except during the scheduled maintenance period from 9:58 GMT pm to 10:06 pm GMT. Extended maintenance periods are possible, and messages regarding maintenance are sent via the MBT Desktop, MBT Desktop Pro, and MBT Web 2.0 trading platforms. In addition, MBT MetaTrader 4 maintenance begins at 9:57 pm GMT, one minute earlier.
