Stock Brokerage Reviews » mb trading

Brokerages That Offer Forex Trading Online

ashivapu — Sun, 27 Sep 2009 06:01:32 +0000

Forex trading online has quickly become one of the most common ways to invest money. Because of the ability to leverage huge margins, it allows you to make money without having to have so much of it yourself. While it is risky, it can be very rewarding with a sound forex trading system.

The fact that the market is open 24/7 doesn’t hurt as well. If you’re like most people though, you’d prefer to have all your money consolidated into the least amount of accounts.

Below is a list of stock brokerages that also offer forex trading.

Broker	Commissions (forex)	Notes
Zecco	$0*	Free $50,000 online forex trading practice account
thinkorswim	$0*	100:1 (1%) margin
MB Trading	$0.50 per 10,000 traded	Tight spreads with no markups/markdowns
Interactive Brokers	varies/cheap

* While you pay no commissions to trade forex, your only transaction cost is the dealing spread – the difference between the bid and the ask price.

Best Stock Brokerage For Active Traders

ashivapu — Wed, 19 Aug 2009 06:21:46 +0000

While there are various classifications for what makes somebody an active trader, for this purpose, we are considering traders who execute multiple trades in a week. The deciding factor for most active traders is how low are the commissions.

Active traders are looking to quickly enter and exit stocks, obviously the higher the commissions, the longer they might have to hold on to make the trade worth playing. The following stock brokerages have been considered best for active traders because of their low commissions and ability to get security prices at low values. Also, check out how to lower your commissions with your current brokerage.

The following is a chart of the best online discount stock brokerages for active stock traders.

Broker	Commissions (stocks/options)	Acct. Minimum	Best For
OptionsHouse	$2.95 / $9.95	$1000	Everybody
MB Trading	Direct: $.01 per share for first 500 shares and $.005 per share for unlimited additional shares ($1 min) Smart: $4.95 for up to 10,000 shares and $.005 for additional.	$1000	Active Traders
Interactive Brokers	varies/cheap	$10,000	Active Traders
SOGOTRADE	$3/$3+0.70 per contract.	$500	Cheap Trades

Check out a complete list of our stock brokerage reviews.

Want to take your trading to the next level? Learn how to use technical analysis to accurately predict price movement.

MB Trading Review – Voted Best For Active Traders

ashivapu — Thu, 13 Aug 2009 20:43:01 +0000

Recently rated 4.5 stars out of 5 by Barron’s Online Broker Survey, MB Trading was also voted best in 2009 for active traders.

Unlike brokerages such as E*Trade and TD Ameritrade, MB Trading is more of a pure trading brokerage, with the ability to trade stocks, futures, options, and forex, that makes it a great solution for actives traders.

Tools that cover any type of platform. What was once their weakness, MB Trading has gained several awards on their variety of trading applications which include, a streaming platform, PC-based platform, and mobile application for the BlackBerry.

Stock Brokerage Details

Commissions: Stocks $0.005 per share or $4.95 flat rate; Options $0.95 per contract; Futures $0.95 per contract; Forex $0.50 per $10,000 traded

Account Minimums: $1000

Overall, MB Trading offers competitive commission fees to entice most active traders and tools to satisfy the self-directed trader; however, if you are a fairly new trader or non-active trader, then you might consider another option.

Experience cheap commissions when you sign up for a MB Trading account.