Read up about mbt being a true ECN broker so I thought I would try before I buy with their demo account. Studied the procedure for openening closing limits stops etc I had finally grasped their peculiarities and thought about opening a live account. I understood that their live demo accounts are trader to trader, apparently their live accounts are true ecn. So a placed a few trades to see what happened. Let me say up front, if the demo account is any reflection on the live account I would not open a live account. My first trade netted 275 pips (about right as I checked it on my live account) yet when I closed the trading platform and then re-open it showed a loss of same amount -275 pips, after that I re-opened the demo account and it showed my demo balance was zero. I thought to myself "this is very bad" as I was about to open a live account. Re-opened the platform again and now showed -275 pips. Has any other traders had this experience with mbt ?
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