MB Trading-Overview of Minimum Deposit, Spreads & Leverage
Abstract：MB Trading is an online broker based in California, USA, offering forex, stocks, future through its web and desk platform. MB Trading is not subject to any regulation, so it is unsafe to invest with this broker.
General Information & Regulation
MB Trading is an online broker based in California, USA, offering forex, stocks, future through its web and desk platform. MB Trading is not subject to any regulation, so it is unsafe to invest with this broker.
Market Instruments
Tradable financial instruments available on the MB Trading platform include forex pairs, stocks, indices, commodities.
Minimum Deposit
MB Trading offers all investors a minimum deposit requirement of $200. Although this requirement is reasonable, given the fact that MB Trading is unregulated, traders are not advised to register real trading accounts here.
Micro Trade Size
The minimum trade size allowed by MB Trading is 0.1 lot. This sounds unfriendly to beginners as most brokers allow traders to trade with minimum position size of 0.01 lot.
Leverage
The maximum trading leverage offered by MB Trading is 100:1, which seems a little conservative. Leverage can amplify gains as well as losses, traders should take extra caution when using it.
Spreads & Commissions
MB Trading charges both spreads and commissions as trading costs. However, MB Trading does not specify spreads on particular instruments, either commissions.
Trading Platform Available
When it comes to trading platform available, what MB Trading provides its clients is the leading MT4 trading platform. MT4 is the industry-recognized and widely used trading platform, featuring large number of technical indicators, multiple timeframes and supporting EA (expert advisors).
Demo Accounts Available
MB Trading offers demo accounts for new investors to text trading environment and practice trading strategies, with $50,000 in virtual funds is provided.
Deposit & Withdrawal
Deposits can be made through ACH account with a limit of $10,000 per account every 30 day period. Bank Transfers and checks are also acceptable but not credit or debit card payments. Withdrawal are made via wire and ACH transfers and Checks.
Customer Support
MB Trading offers 24/5 customer support service, and they can be reached through email and phone call, as well as online chat.
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