MB Trading Trading Commissions
- $4.95 per trade for stocks and ETFs
- Options: $0.95 per contract, per side, and no minimum ticket charge
- Mutual funds: $12.95
- Bonds: $12.95
- Futures: $0.95 per contract
- Pink Sheets & OTC BB: $8.95
- Forex: $2.95 per $100,000 traded
MB Trading Important Fees and Surcharges
- Extended hours surcharge: $0.005 per share
- Penny stocks surcharge: $0
- Large order surcharge: $0
- Reserve, Discretionary, or Pegged orders surcharge: $0.005 per share
- IRA setup fee: $0
- Annual IRA fee: $30
MB Trading Pros
- Good pricing
- No extra ECN fees or exchange fees
- Great charts
- No inactivity fees
MB Trading Cons
- Additional commission of $0.005 per share on extended hours and shares over the 10,000
- $30 annual IRA fee
MB Trading Account Types
- Institutional
- Individual
- Joint Tenants in Common (JTIC)
- Joint Tenants with Rights of Survivorship (JTWROS)
- Trust
- Corporation or LLC (Limited Liability Companies)
- Limited or General Partnership
- Sole Proprietorship
- Foreign Classification
- Custodial Accounts
- Retirement Accounts
- Traditional IRA
- Educational IRA
- Roth IRA
- SEP IRA
MB Trading Review
MB Trading is a direct access brokerage firm that developed sophisticated yet simple direct access trading technology to online
investors and institutions. Its commissions at $4.95 per stock trade and $12.95 per mutual fund transaction are very good, though
extended hours trading is expensive. Minimum to open cash account is $1,000 for cash account, $2,000 for margin account and
$400 for a Forex.
Active traders would be very happy to see that MB Trading has no ECN fees and no exchange fees (few online brokers do). The firm offers
second to none, customizable charts. The company always had responsive, knowledgeable, easy-to-reach customer service.
We recommend MB Trading for very active investors that don't trade extended hours much. For people new to investing, infrequent
traders, long-term investors there are better options among online brokerage firms.
MB Trading Promotional Code
Free 30-days trial of LightWave Trading platform:
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