MetaTrader India

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,” according to their Executive Vice-President.

Source: www.ibtimes.com

FXCentral Technologies Integrates Strategy, Knowledge and Trade Success for Direct Market Access

The active members and the dedicated moderators of FXCentral have brought highly innovative technologies with multi tier and tier 1 ECN access via Meta-trader with exclusive FIX protocol based deployments, this technology proffer direct and transparent execution at real marketavailable for all market competitors. Market execution capabilities with instant fills on next available bids and offer; Direct Market Access with true offer and bid available with direct access interface for execution; order management capabilities with institutional platform access are some of the worth making advantages that FIX protocol powered ECN can deliver.

FXCentral Multi Trader aspect caters on the Multi Terminal which is one of the primary parts of Meta-Trader 4. The MT4 Multi Terminal system is created for management of multiple forex accounts and enables professional traders as well as the money managers to unite and trade simultaneous forex accounts in parallel. The MT4 Multi Terminal interface is similar to that of Meta-Trader 4 terminal, making it simple and easy to use by traders familiar with MT4. Due to Multi Terminal’s grouping of great functionalities it not only allows a trader to receive quotes for commodities and currencies; but also enables for viewing history of trading and account statements, places all types of orders and receives real time financial news and detailed updates. All Meta-trader and institutional platforms are managed via dedicated US databases backed by industry professionals in the centers with commercial grade updates and supports.

A spokesperson Mr. Petrica L Ruskin of FXCentral rightly said “We constantly strive to anticipate the rapidly changing needs of our clients and to widen new services to meet those needs. We know that the world of finance is continually evolving and that complacency can lead to extinction. FXCentral is driven by a highly qualified team of investment professionals who have several decades of experience in delivering a professional and robust free trading experience for a range of highly esteemed clients.”

Source: www.rfpconnect.com