Partner Programs

MB Trading (MBT) and MB Trading Futures (MBTF) users must review the following Provisions and indicate their agreement to these provisions by clicking "I agree" below.

MBT and MBTF provides third party links and software applications solely as a convenience or for educational or informational purposes to its users. MBT and MBTF customers / users must review the following Provisions and indicate their agreement to these provisions by clicking "I agree" below.

MBT and MBTF, including its officers, members or employees, may: (1) have an affiliation with independent third party providers; (2) have direct or indirect control over independent third party providers; and/or (3) have discretion to alter the content of any third party link or software application.

MBT and MBTF does review the content of third party websites for compliance with federal, state or SRO rules or regulations regarding promotional material including advertising unless, otherwise not required by regulation. By linking to any third party website, you acknowledge and affirm that upon clicking on a third party link, you will immediately leave a website maintained by MBT and MBTF. You further acknowledge that all websites accessed through any third party application are not controlled by MBT and MBTF, except for MBT and MBTF’s website.

MBT and MBTF does not warrant the timeliness, accuracy or completeness of any facts, material or information contained on any third party website that is outside the control or knowledge of MBT and MBTF. Moreover, MBT and MBTF does not warrant the functionality of any third party application downloaded from its website. By clicking on any third party link or downloading any third party application, you hereby confirm and agree that MBT and MBTF shall not be responsible or liable for any loss or damage caused by use of or reliance upon facts, material or information obtained through the use of the third party website or application or for any loss or damage caused by use of a third party application.

Any opinions or recommendations expressed on any third party website or within any third party application are solely those of the independent providers and are not the opinions, recommendations or necessarily the views of MBT and MBTF. Furthermore, MBT and MBTF does not provide any legal, tax, accounting or investment advice concerning the suitability or profitability of any security or investment information contained on the third party website. Such links do not constitute a solicitation by MBT and MBTF to buy or sell any security or other investment.

MBT and MBTF reserves the right, in its sole discretion, to add or discontinue third party links or software application downloads on its website at any time and for any reason. Trademarks, logos, and service marks represented on this website are trademarks of their respective companies. Permission was granted for their use.

If You Agree To The Disclaimer, Please Click Here

MB Trading - Stocks Options Futures Forex Online Discount Trading

Exchanges

MB Trading connects our futures customers to a wide array of popular futures exchanges. Whether you're looking to trade index futures, bond futures, commodities, or currency futures, MB Trading connects to CME, CBoT, NYMEX, COMEX, and ICE directly. Our MBTX order routing system takes your order straight from the MBT Desktop and routes it as efficiently as possible to the proper exchange. Unlike other discount brokers, our commissions are all-inclusive of exchange fees.

Here are descriptions of the exchanges that connect to us.

The Chicago Board of Trade (CBOT) is one of the world's leading derivative exchanges, listing a diverse mix of financial, equity, and commodity futures and options on futures products. The Exchange's track record of integrity and unwavering commitment to customer service extends 158 years. Equipped with state-of-the-art technology, benchmark products and markets with depth of liquidity, the CBOT offers distinct advantages to market participants globally.

The Chicago Mercantile Exchange (CME) dates back to 1898 and the Chicago Butter and Egg Board. Over the years, the CME added various agricultural products as well as metals futures. The CME created the financial futures contact in 1972 by offering futures contracts on seven global currencies. Today, the CME is a publicly traded organization with $900 million in assets. The CME purchased the CBOT in 2007.

NYMEX Holdings, Inc. is the largest physical commodity-based futures exchange and clearinghouse in the world, the third-largest futures exchange in the United States measured by 2005 contract volume, and the preeminent trading forum for energy and precious metals. NYMEX markets are open virtually 24 hours a day and participants may trade electronically or via open outcry.

COMEX (Commodity Exchange) is the leading U. S. exchange for metals futures and options trading.

To see a list of the futures contracts and fees per contract that can be traded through MB Trading, visit our Futures Commissions page.

Disclaimer: Trading in futures and forex is speculative in nature and not appropriate for all investors. Due to the high degree of leverage used in forex trading, investors should only use risk capital when trading futures and forex because there is always the risk of substantial loss.

Securities products are offered through Manhattan Beach Trading Financial Services, Inc. ("MBTFS"), member FINRA, SIPC. MB Trading Futures, Inc. (MBTF) is a CFTC registered RFED and member of NFA. MBTF offers execution and settlement services for futures based products and off-exchange foreign currency (Forex) products. Trading in futures, options and Forex is speculative in nature and not appropriate for all investors. Investors should only use risk capital when trading futures, options and Forex because there is always the risk of substantial loss. MBTFS and MBTF are sometimes referred to collectively herein as "MB Trading."

¹MB Trading FX offers two Forex pricing models. Both models employ our RFED to client facing execution system with slightly different pricing and markup models. For purpose of clarity the two pricing models (Plan 1 and Plan 2) both operate on the same technology. The underlying technology is named The MB Trading Electronic Xrossing Network, abbreviated as EXN for the remainder of this disclaimer. The main differentiator between the models is twofold.

A. Difference in amount of markup or markdown of liquidity partner (banks) quotes when displayed to clients.
B. Commission Structure charged to client

Plan 1 or “Pay for Limit” plan employs the EXN technology in a commission model. This model charges a client 1.95 in their base currency per 100k of executed currency for market orders and pays a client 1.95 of base currency for posted, executed limit orders. 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.

Free Commission Plan employs the EXN technology in a markup only plan, which means that MB Trading receives a markup embedded in the spread as compensation. This plan does not add an additional commission, does not pay the client a rebate for posted liquidity as Plan 1 does yet does still offer the benefit of allowing the client to post quotes which is displayed to all other clients on Plan 2.

Additional information to note is that “Actual Total Paid to Clients” counter is kept on the company website which displays The Actual Total Paid to Clients currency number which 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. All Chinese residents have a fee of 1.95 for all order types. 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.

MB Trading earned a 4.5 out of 5 star rating in Barron’s 2011 Review of Online Brokers, tying for the top spot overall. The company earned a total of 33.8 points, one tenth of a point under the top score. MB Trading also scored in the top three for separate categories of Range of Offerings, Trade Experience, Trading Technology, Usability, and Customer Service and Education. MB Trading earned a 4.5 out of 5 star rating in Barron's 2010 Review of Online Brokers. The company ranked second overall and tied for first place in the categories of Trade Experience and Portfolio Analysis & Reporting. The company also won the category of Usability. The company also tied for first place in the separate categories of "Best for Frequent Traders" and "Best for Options Traders."

*Real-time Forex Quotes are provided via the MBT Quote API. Quotes are available during platform hours from Sunday at 5 pm EST to Friday at 5 pm EST, except during the scheduled maintenance period from 4:58 pm to 5:06 pm EST. 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 begins MetaTrader 4 maintenance at 4:57 pm EST, one minute earlier.

MB Trading provides Google Translation of our website for educational or informational purposes for its international customers. The graphics, applications and some portions of the website are not translated. Customers must bear the sole responsibility of evaluating their regional translation before making any decisions based on such information outside of what the English version of the site represents.