Our Review of Manhattan Beach Trading Financial Services, Inc. (MBTFS) - MB Trading
Manhattan Beach Trading Financial Services, Inc.
MBTFS (Manhattan Beach Trading Financial Services) is a Forex platform that allows individuals and institutional investors to execute trades in commodities, currencies, and other financial instruments. The platform is based in the United States in New York, and is therefore subject to US Forex regulations and the SEC. MB Trading has been awarded the honor of being ranked among the top three online brokers by Barron's a total of seven times since 2006.
Traders who use the platform can trade futures, stocks, options, and Forex with no commissions and affordable flat-rate fees. Stocks can be traded for just $4.95 per share, regardless of the transaction size. Several different Forex plans are offered to afford clients flexible pricing for their trading activities. Clients can choose between fees being assessed either through EXN limits or EXN spreads. Spreads are available for as little as 1/10 of a pip.
Traders who make deposits have zero deposit fees. Clients can even open a VPS hosting accounts to allow for faster and automated trades. Transactions are accepted through credit card, check, wire transfer, and ACH. Clients are free to use the MetaTrader 4 platform. A minimum deposit of $400 is required to open an account.