Partner Programs

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MBTR- Flat Rate

Our MBTR Plan offers flat fee, unlimited trading with market and limit stock orders for the single rate of $4.95*. Trades are routed through our proprietary MBTR routing engine, which is designed to give you maximum flexibility regarding commission costs. There are additional fees for manual phone orders, any order types other than market and limit orders, orders placed during extended trading hours, and any orders placed when the MBTR route is unavailable.


  • 1,000 shares = $4.95
  • 5,000 shares = $4.95
  • 10,000 shares = $4.95
  • 20,000 shares = $4.95

MBTX- Per Share

Our MBTX Plan offers sophisticated and proprietary order routing through our MBTX system, which sends your order to the exchange(s) with the highest bid or lowest offer. The system is used by professional, institutional, and active stock traders who want each share to be handled in a specific manner. The MBTX Plan is slightly more expensive than the MBTR Plan, but generally offers access to more liquidity and more order types. The cost is $0.0075 per share with a $4.95 minimum per trade.


  • 500 shares = $4.95
  • 1,000 shares = $7.50
  • 2,000 shares = $15.00
  • 5,000 shares = $37.50



Direct Routes

For Direct Route trading to specific destinations , including but not limited to ARCA, NASDAQ (ISLD), or CITI, you may choose that destination in the Desktop or Desktop Pro software for an additional fee of $0.0075 per share with a $4.95 per trade minimum. Please note, not all Order Types are supported by Direct Routes.


  • Bonds Corporate/Treasuries
  • Bonds Listed
    $2per bond ($25 minimum)
  • Bonds Allocation
  • Mutual Funds
    $15 Transaction Fee + $25 Commission**
  • OTC BB/Pink Sheet

*Effective June 29, 2009: The MBTR Plan is designed for market, limit, and stop orders during stock market hours when the greatest amount of liquidity exists in the market. Therefore, a surcharge of $0.005 per share applies to any trade with one or more of the following conditions:

  • Shares executed before 9:30 am ET (Pre-Market Trading)
  • Shares executed after 4:00 pm ET (Extended Hours Trading)
  • Shares executed using the Reserve, Discretionary, or Pegged order types

**Commission will apply to all No-Load Funds and to the Non-Loaded side of Load Fund.

Important Note: SEC Section 31 and FINRA Trading Activity fees apply to all commission plans.

MB Trading Equity clients may change commission plans by logging in above to the secure client area, clicking on the account number in the Dashboard, then selecting the Commission Plan tab.