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MB Trading “Pay for Limits” Plan Hits $44K in Client Credits
MB Trading (read our full review) recently announced positive first month results for their new FX trading “Pay for Limits” pricing plan. The online broker is reporting $44,000 in client credits in the first month for the new plan. CEO Ross Ditlove stated, ”After exactly one month, we can definitively state that our Pay for Limits plan works.”
MB Trading’s Pay for Limits program is a liquidity incentive platform. Clients get paid to post their FX Limit orders which are transparent to other users whom can subsequently fill against those same orders. This is a practice that is not common in the FX Broker space and the additional incentive from MB Trading only makes it that more unique of an offering.
You can read more about their trading platform and commissions in our MB Trading review. They also received a 5-star, #1 overall rating for the Active Trading Category in our 2011 Online Broker Review. In addition, we will soon be launching the new stockbrokers.com Forex Brokers section, so stay tuned!
One Response
[...] the trade. However MB Trading still offers their commission based account option (where they also pay you for limit orders) and their commission free account has much lower spreads than I expected. In fact, if you normally [...]
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