Beware Of this broker! - Page 2
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Thread: Beware Of this broker!

  1. #11
    Audio,

    You have the letter that's all you need. . .MBT will give you the credit if they have not already. It likely has to be passed along to someone in accounting.

    Simply contact them at your leisure and make reference to the letter in the event that you really need the 25 that quickly.

    Quote Originally Posted by ;
    I have yet to find $25 charge...
    We'll see if it occurs...

  2. #12

  3. #13
    Glad that worked out for you. I've utilized MBT for some time now and have been really happy with them, so I've been fascinated in your own circumstance.

  4. #14
    I had a similar issue where my commerce appeared to turn the wrong manner and I lost my connection I signed back on and discovered that my stop struck the in the incorrect amount and I got my refund in a few days. Minus the commisions for 1 entrance and 2 exits none the less I left a profit didnt see a difficulty within it.

  5. #15
    Quote Originally Posted by ;
    Okay.. I have the credit. .
    My friend, welcome into the world of finance and more specifically brokers. Yes, this can be an irritation but I have some far far worse stories of my own over far far more money than $100.

    We all despise brokers but down time is just something all brokers experieice from time to time. If it occurs on a regular basis you havve cause to become angry, otherwise you shouldn't get so stressed by this.

    My present futures broker proved so great enough to loose $16,000 of mine that I wanted deposited into my FX account. It took them 6 weeks to monitor these funds. Additionally more than a 3 week period they were able to charge me on my DAX commisions by $1850, I am still having to struggle to get back these funds even though they have agreed they charged me (three weeks and counting).

    I've had numerous accounts that have many brokers and we've yet to find one where through down time I have not lost atleast $1000 through lacking a transaction, or networks going down while I had contracts in the market. I've lost thousandzzzz of my cash through such mess ups

    I've even had a very charming guy from Zurich telling me that he didn't believe I'd deposited funds into an account with them (which I had and afterwards proved). I think his word were yee Sir, prove it. I felt like leaping on a plane from London and going over there only to punch him!!

    The list goes on and on and OOONNNN.

    Since I said previously, WELCOME TO THE WORLD OF FINANCE AND BROKERS!!

    Regards, Charlie

  6. #16
    I dropped 50k. I called the deal desk to shut order on the telephone on a friday in profit by 50k. The dealer gave me a confirmation order number. When the market order started on Sunday there was a gap and my order was still active. I called and they said they have no evidence of me calling to close order. I gave them the confirmation number and they still denied it.

  7. #17
    Quote Originally Posted by ;
    I lost 50k. I called the deal desk to close order on the phone to some friday in profit by 50k. The dealer gave me a confirmation order number. When the market order opened on Sunday there was a gap and my order was still active. I called and they stated that they haven't any proof of me calling to close order. I gave them the confirmation number and they still denied it.
    Come on Drfrankm, you gotta tell us exactly the broker!

  8. #18
    i can appreciate your situation. I have has similar experience previously with a different broker. The fact remains that MB trading is NOT responsible for any loss you might suffer because of electronic failure. Read the trading arrangement files that you signed carefully and you will see. All brokers insists about this particular clause. Be grateful you got out with $400 profit. If they have numerous electronic failures I'd look for a different broker. Trading is difficult enough without that added stress! Very good luck and great trades to you.

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