Practice trading with our non-deal desk MetaTrader 4 EXN

MB Trading FX’s free Demo environment is a great way to learn our award-winning MetaTrader 4 with EXN (Electronic Xrossing Network) technology before placing your first trade. New traders can use the Demo environment to learn the ins and outs of MB Trading FX’s EXN Spread or EXN Limits platforms and teach themselves how to trade. Experienced traders can pin down strategies and test their expert advisers in a demo environment before going live. Here are some of the features and advantages of MB Trading FX’s demo environment:

  • Live market feeds
  • Up to 28 order types
  • Choice of EXN Spread with no routing fees or EXN Limits where MB Trading FX pays you 0.50 per 100,000 for executed Limit orders.
  • 24 hour Forex trading
  • Access to all the currency pairs offered by MB Trading FX
  • $40,000 practice account
  • Test your expert advisers
  • Pin down strategies
  • Unlimited demo account access


MB Trading FX MetaTrader 4 Demo Account

Learn to use MB Trading FX’s non-deal desk version of the popular MetaTrader4 platform. Run multiple charts, auto-trade with Expert Advisors, and make use of more than a hundred built-in customizable indicators. MB Trading FX’s MetaTrader 4 Demo environment uses real-time quotes from our live platform, however, customer limit orders in the Demo environment only interact with other Demo users. The Demo environment is designed to replicate as closely as possible the Live environment, but there is no way to guarantee the accuracy of the executions versus the live environment as no real execution occurs. MetaTrader 4 demo accounts do not expire.

You can no longer create a MetaTrader 4 Demo account through the MetaTrader 4 software, as we have many options for base currencies that you can choose from. Instead, you must create a demo account through the Universal Account Creation process or, if you already have a Universal Login with us, through the Client Secure Area of the website. If you have not created a Universal Login, begin the process HERE. To see more instructions, go HERE.

You may download the MetaTrader 4 software here. Your login is the account number that was assigned to you when you registered for the Demo account on-line (you can always view your Demo account numbers by logging into our website). Your MetaTrader master password is the same password that you created when you created your MBT Universal Account login password. If you wish to reset it or are having difficulties, please contact MetaTrader support via our Contact page.


How to set up a MetaTrader 4 Demo Account:
  1. You must have a Universal Access Login to add an MT4 Demo account (go HERE for instructions)
  2. Log in to the secure area of the website HERE
  3. Under the green “Welcome” bar click on the “MetaTrader 4 Demo” button
  4. A pop-up window will appear with a choice of MetaTrader4 plan and currency.

  5. Select either the EXN Spread plan or EXN Limits plan
  6. You will be prompted to choose your base currency, USD or Euro
  7. Click the “Create MetaTrader 4 Demo” button.
  8. Your MetaTrader 4 Demo will be created. The account number will begin with "530"
  9. You must download the MetaTrader software to your computer Demo trade
  10. When logging into the MetaTrader 4 software, be sure to select the proper Demo server, which should be "MBTrading-Demo" for the Server field on the login window.You can also manually enter in the Server field. If you have any issues logging into your account, Contact support and have them reset your password.


To add funds to your Demo account:
  1. Contact Support at 866.628.3001 after you have added funds via the website and they will also make sure that the funds are added to the MT4 side of your account.


MB Trading, IB member FINRA, SIPC; MB Trading Futures, Inc. RFED/IB and member NFA. 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 MBTFX 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 2.50 in their base currency per 100k of executed currency for market orders and pays a client .50 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 2.50 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." This survey evaluated 27 Online Firms and does not include all Online Brokers.

*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 FREE real-time streaming Forex quotes in all software platforms. Demo accounts receive FREE streaming Stocks, Futures, and Options quotes which are delayed up to 20 minutes (per individual exchange requirement). FREE real-time streaming quotes for Stocks, Futures, and Options is available to nonprofessional users with funded, live accounts.

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.