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MB Trading Financial Services Wins Top Rating in Barron's Review
Mar 18, 2010 (04:03 PM EDT)
EL SEGUNDO, Calif., March 18 /PRNewswire/ -- Manhattan Beach Trading Financial Services, Inc. ("MBTFS") and MB Trading Futures, Inc. ("MBTF") (collectively "MB Trading"), which is a technology-driven, low-commission brokerage specializing in order routing in FOREX, Equities, Futures, and Options through various global exchanges and electronic networks, announced today that it earned the top four and a half star rating in Barron's 2010 review of on-line brokers.
"Once again, we've demonstrated that we can strike the proper balance of new technologies, low commission costs, robust research tools, and outstanding customer support," said Ross Ditlove, CEO of MB Trading. "We took specific steps in 2009 to improve and extend each of these categories, and it clearly paid off against a high-powered field of competitors."
MB Trading successfully launched their MBT World trading community that allows customers who trade all asset classes, to share their trading ideas and strategies as well as communicate their service and support needs to the firm. MB Trading's entire suite of trading applications was updated during 2009, including the software-based, Web-based, and wireless trading applications. More than 100 new features were added since the 2009 Barron's review, many of them coming from the company's community of traders who suggest new features via an on-line idea submission and voting area.
MB Trading won and tied for top honors in several major categories, including Best for Frequent Traders, Best for Options Traders, Trade Experience, Usability, and Portfolio Analysis & Reports. Only two firms earned the top rating of four and a half stars overall. The total field included 22 firms.
"We're very pleased with the review," said David Lipsett, Executive Vice President of MB Trading. "We take pride in offering products and services that meet the needs of active traders. As a privately-held firm, we select our development projects carefully. This year in particular, we put our resources into giving our customers more options and more interconnectivity through community-based features, and that decision clearly paid off. Traders benefit from being able to learn from other more experienced traders who are willing to share their positions and trading logic."
MB Trading also received recognition for its international appeal for its innovation and services in the growing FOREX marketplace. MBT's Forex ECN solution brings full transparency to what has been a predominantly dealer-centric marketplace. In 2009, MBT blended the popular MetaTrader 4 platform to its proprietary execution services. In addition, the company has benefitted from making its execution, quoting, and automated account management available via various software development kits and APIs for developers to automate their trading systems.
About MB Trading:
Securities products are offered through Manhattan Beach Trading Financial Services, Inc. ("MBTFS"), member FINRA, SIPC. MB Trading Futures, Inc. ("MBTF") is a CFTC registered FCM and member of NFA. MBTF offers execution and settlement services for futures based products, as well as offer off-exchange foreign currency (forex) products through MB Trading.
Trading in FOREX, Securities, Futures, and Options is speculative in nature and not appropriate for all investors. Investors should only use risk capital when trading FOREX, Securities, Futures, and Options because there is always the risk of substantial loss. The high degree of leverage that is often obtainable in FOREX and Futures trading because of the small margin requirement can work against you as well as for you. Leverage can lead to large losses as well as gains. Account access, trade executions and system response may be adversely affected by market conditions, quote delays, system performance and other factors, including factors related to the use of automated systems.
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Contacts: All inquiries can be directed to: David Lipsett - firstname.lastname@example.org
SOURCE MB Trading