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They seem to have a reputation as a first rate outfit. And they actually
answer their email and telephone!
I was very interested in them too - till I re-read their fee schedule. On
closer examination, it's clear they're not interested in any customers other
than pure daytraders. Which is fine, but that's not the only thing I'm
interested in at present.
Given their relatively high commission rates (which start at $23.00 per
side, I believe, and decrease as volume increases), plus the mandatory data
feed subscription fees, seems like it would be a tough fight for a position
trader with a smallish account. You'd have to do a least one trade a day
just to offset the data feed charges.
Still, doesn't mean they wouldn't be right for other folks.
Clint
-----Original Message-----
From: Kent Rollins <kentr@xxxxxxxxxxxxxx>
To: CodeList <code-list@xxxxxxxxxxxxx>
Date: Monday, January 11, 1999 9:31 PM
Subject: CL_Opinions on MB Trading?
>Okay, should've done this before sending in the paperwork, but anyone have
>anything good or bad to say about MB Trading for equities traders?
>
>Kent
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