STOCKS Software and Data Fees



All MBT software products including Desktop, Desktop Pro, Web and Mobile are available for FREE.
MB Trading provides real-time Demo data in all of our software platforms in the Forex markets at no charge. All Demo data for Stocks, Futures, and Options are on a 10-minute delayed feed. In order to receive real-time data, users must open a live account.
Depending upon account activity, regular cash accounts and margin accounts may be charged an account inactivity or maintenance fee1, 2, 3.


Options Quotes – Free for Standalone Options Accounts
OPRA data for Options traders (Must complete OPRA Agreement) FREE

Non-Professional Data Bundle - Free for active accounts 1
The Non-Professional Data Bundle includes real-time Level 1 and Regional Depth data streaming.
NYSE FREE
AMEX FREE
NASDAQ FREE
OPRA (Must complete OPRA Agreement) FREE

Additional Market Data
The following additional Market data feeds can be added to your MBT account login by logging into the Secure Client Area and Accounts Menu, Profile, and then the Quote Preferences menu link.
Exchange Non-Professional Professional
Nasdaq Level I $1.20 $26.50
Nasdaq Level II - Openview $11.50 $58.70
Nasdaq Level II - Totalview/Openview $16.10 $87.40
Arcabook $11.50 $46.00
OTC Markets $5.80 $34.50
OTC Markets LII (Not setup on Bill) $17.30 $86.30
NYSE - Level 1 $1.20 $61.00
AMEX - Level 1 $1.20 $27.60
OPRA - OPTIONS $1.40 $31.10
MDX $2.30 $2.30
TSX/Venture outside of Cad np = CEGNP $13.80 $65.00
Venture inside Canada np = CVENP/CVE $28.80 $28.80
TSX inside Canada Pro = TSE $6.90 $34.50
CME BUNDLE = ALL EXCHANGES TOP $3.50 $0.00
CME BUNDLE = ALL EXCHANGES DEPTH $17.30 $0.00
CME Top of book $1.20 $0.00
CME Depth of book $5.80 $97.80
NYMEX Top of book $1.20 $0.00
NYMEX Depth of book $5.80 $97.80
CBOT Top of book $1.20 $0.00
CBOT Depth of book $5.80 $97.80
COMEX Top of book $1.20 $0.00
COMEX Depth of book $5.80 $97.80
CME MINI PRO/NON FUTURES USER $0.00 $46.00
CBT MINI PRO/ NON FUTURES USER $0.00 $23.00
NMX MINI PRO/ NON FUTURES USER $0.00 $34.50
CMX MINI PRO/ NON FUTURES USER $0.00 $23.00
$15.00 If you wish to add Futures data to your account, click here for pricing.

  1. The Non-professional Data Bundle is free to clients with funded Equities/Options accounts who generate at least $25 per month in aggregate commissions across all equities, options, and futures accounts per username login. Forex activity is not included in this calculation. Applicable commissions will be attributed only to trades that were entered under the username login. For example, an order placed through the trade desk would not count toward the $25 commission level. Those clients who do not reach the $25 commission level in a calendar month will be charged a data fee of $7.50 per month that will be deducted from the Equities/Options account with the largest cash balance. If the client does not have an account with a sufficient cash balance to be charged this data fee, the Level 1 Data Bundle will be automatically removed from the account. The client will be responsible to add cash or to liquidate sufficient positions in an account to provide the cash balance sufficient to cover this fee.
  2. Free for open, funded futures accounts. Requires a funded Futures-enabled account. In order to receive market data for futures, all users must complete the Uniform Subscriber Agreement during the online futures account application or available at this link. This completed document can be faxed (310-388-3115) or emailed to [email protected]
  3. All data feeds will be automatically disabled once an account value (including cash and positions) has fallen below $100. Data feeds may be reactivated with additional funding and by emailing [email protected]

Professional Fees

Professional fees only apply to "professional" traders based on the following definition: You are considered a professional if you are currently affiliated with or employed by the FINRA, a stock exchange or any member of either of those organizations, if you have an affiliation with, or work for a securities firm, bank, trust or insurance company, or if you are an officer, director or a 10% shareholder of a publicly-owned company.

Professional fees are billed directly by the NYSE, AMEX, ARCA and NASDAQ each month. The total fees come to $245.50.


 
 

 

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 real-time Demo data in all of our software platforms in the Forex markets at no charge. All Demo data for Stocks, Futures, and Options are on a 10-minute delayed feed. In order to receive real-time data, users must open a live account.

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.