STOCKS Software and Data Fees

All MBT software products including Desktop, Desktop Pro, Web and Mobile are available for FREE.
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 and Options is available to nonprofessional users with funded, live accounts1.

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.
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.
Market Data Express Indexes (MDX via CBOE) - Non Pro/Pro $2.00
Nasdaq Level 2 - Non Pro $10.00
Nasdaq Level 2 - Pro $56.00
Nasdaq Totalview - Non Pro $15.00
Nasdaq Totalview - Pro $76.00
NYSE ArcaBook $10.00
NYSE ArcaBook Pro $40.00
TSX and TSX Venture $21.75
OTC Markets Level 1 Non Pro $5.00
OTC Markets Level 1 Pro $30.00
Nasdaq Level 1 - Pro $23.00
NYSE/AMEX - Pro $68.00
Options - Pro $28.50

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. 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

You are considered a professional if you are:

  • Registered or qualified with: the Securities and Exchange Commission, the Commodities Futures Trading Commission, any state securities agency, any securities exchange or association, or any commodities or futures contract market or association, or
  • Engaged as an "investment advisor" as that term is defined in Section 201(11) of the Investment Advisor's Act of 1940 (whether or not registered or qualified under that Act), or
  • Employed by a bank or another organization that is exempt from registration under Federal and/or state securities laws to perform functions that would require you to be so registered or qualified if you were to perform such functions for an organization not so exempt. or
  • An Entity (corporate, LLC, partnership, organization, institution, certain trusts, etc.)

MB Trading is required to perform appropriate due diligence in determining if you are a Professional under the guidelines created by the Exchanges. Those opening entity accounts, declaring themselves to be Professional, and/or those working in qualified occupations/employers, will automatically be viewed as Professional and will be required to pay the appropriate exchange fees for data. Additionally, if in the course of doing our due diligence MB Trading determines that you meet the criteria of a Professional, you will also be charged professional exchange fees for data.

Professional fees are billed directly by the NYSE, AMEX, ARCA and NASDAQ each month.

For professional subscriber agreements, please click here.



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.