DUKASCOPY or MB TRADING ???

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billie-on-air
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DUKASCOPY or MB TRADING ???

Postby billie-on-air » Sun Mar 21, 2010 8:59 pm

Hi everyone, im stuck between 2 ECN's . I like Dukascopy for 1 reason, they allow you to open an acc in any of the 7 major currencies whilst MBtrading is only in US$. l personally want to have an acc in pounds since im based in London, at least the rate of exchange wouldnt kill me unless ive lost in as many trades.

one other thing attracting me is the 45% rebate on commissions when you use a molecule6 as IB when opening a Dukascopy acc.

i dont know much about MBTrading so anyone out there with any info that might help me or anyone in the near future i will appreciate.

regards

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Re: DUKASCOPY or MB TRADING ???

Postby dragon33 » Sun Mar 21, 2010 9:24 pm

billie-on-air wrote:Hi everyone, im stuck between 2 ECN's . I like Dukascopy for 1 reason, they allow you to open an acc in any of the 7 major currencies whilst MBtrading is only in US$. l personally want to have an acc in pounds since im based in London, at least the rate of exchange wouldnt kill me unless ive lost in as many trades.

one other thing attracting me is the 45% rebate on commissions when you use a molecule6 as IB when opening a Dukascopy acc.

i dont know much about MBTrading so anyone out there with any info that might help me or anyone in the near future i will appreciate.

regards


Choose Duka and molecule6. You will have good support from Andre owner of molecule. It is also better to open an account in your own currencie.

It is the best broker i used so far
Trading is like cycling, first you need to learn how.
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Re: DUKASCOPY or MB TRADING ???

Postby es/pip » Sun Mar 21, 2010 9:32 pm

dragon33 wrote:
billie-on-air wrote:Hi everyone, im stuck between 2 ECN's . I like Dukascopy for 1 reason, they allow you to open an acc in any of the 7 major currencies whilst MBtrading is only in US$. l personally want to have an acc in pounds since im based in London, at least the rate of exchange wouldnt kill me unless ive lost in as many trades.

one other thing attracting me is the 45% rebate on commissions when you use a molecule6 as IB when opening a Dukascopy acc.

i dont know much about MBTrading so anyone out there with any info that might help me or anyone in the near future i will appreciate.

regards


Choose Duka and molecule6. You will have good support from Andre owner of molecule. It is also better to open an account in your own currencie.

It is the best broker i used so far



"one other thing attracting me is the 45% rebate on commissions when you use a molecule6 as IB when opening a Dukascopy acc."

does this hold true all the way up the commission scale they have on their site?
Bend over and assume the position for another 4 years of hope and change.

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Postby billie-on-air » Sun Mar 21, 2010 11:00 pm

Thanks to Dragon and Es/Pip.

To Es/Pip , if i understood you correctly and to answer that, ive just searched their site again and it says:

Dukas pays Molecule to promote them and Molecule gives the trader 45% back. The rebates are automatically picked by Dukas from Molecule and deposited straight into a traders account every month.

So personally i think if one makes a decision to join them based on that, you probably dont have anything to lose because if you dont get , you look elsewhere better.

what do you think?
Last edited by billie-on-air on Mon Mar 22, 2010 5:14 pm, edited 1 time in total.

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Postby tmanbone » Sun Mar 21, 2010 11:01 pm

I am interested to learn which Dukas platform you guys prefer? Thanks,
"The simplicity of the markets is it's greatest disguise"

T

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Postby billie-on-air » Sun Mar 21, 2010 11:07 pm

Thanks for joining in Tmanbone, im using the JForex demo , hard to switch if you're quite used to mt4 but hopefully will get the hang of it soon.

what are you using at the moment?
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Postby tmanbone » Sun Mar 21, 2010 11:15 pm

billie-on-air wrote:Thanks for joining in Tmanbone, im using the JForex demo , hard to switch if you're quite used to mt4 but hopefully will get the hang of it soon.

what are you uing at the moment?


Is it Jtrader or Jforex? One of those, the demo is only 14 days, but they told me to download and demo as many times as I liked. I think they are looking for customers, they're down to 1k for account opening minimum. Since I first downloaded they call every couple of weeks. Who/what is molecule6? I've got three accounts ThinkorSwim, MBT, and FXCM
"The simplicity of the markets is it's greatest disguise"



T

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Postby billie-on-air » Sun Mar 21, 2010 11:19 pm

Molecule6.com is their IB or introducing agent....check their site.

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Postby tmanbone » Sun Mar 21, 2010 11:40 pm

OK, thanks.
"The simplicity of the markets is it's greatest disguise"



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Postby es/pip » Sun Mar 21, 2010 11:43 pm

billie-on-air wrote:Thanks to Dragon and Es/Pip.

To Es/Pip , if i understood you correctly and to answer that, ive just searched their site again and it says:

Dukas pays Molecule to promote them and Molecule gives the trader 45% back. The rebates are automatically picked by Dukas fom Molecule and deposited straight into a traders account every month.

So personally i think if one makes a decision to join them based on that, you probably dont have anything to lose because if you dont get , you look elsewhere better.

what do you think?


things i like

1. i like it being in Switzerland

2. i like that commission reduction

3. i like the bank guarantee


things i dont like

not sure there is any




dragon---- what does their liquidity look like compared to mbt

on mbt there is usually 7mill to 12mill within 1 pip on the eur/usd
Bend over and assume the position for another 4 years of hope and change.

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