Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: Backfill who wrote (630)	7/28/1998 10:55:00 PM
From: John Hunt	Read Replies (2) \| Respond to of 7382

Hi Backfill, That's a lot of questions ... most of the answers are available at mbtrading.com However, I will give you a few very brief answers. 1. I believe their minimum account size is 7.5k - Call them to be sure. Also ask about the money market fund specifics. I do receive interest. 2. The executions depend upon your own skill. Using these systems, you are taking over many of the broker's functions in routing and placing your order. 3. Fills on stocks are typically in a few seconds or less. Options are in a separate account and require a telephone call. 4. SIPC with extra insurance ... See the MB site for details. 5. Margin is 50% and maintenance margin overnight is 25%. Can get complicated if you sell a stock and then you daytrade it. 6. No stops on Nasdaq which is what I am trading. I would have to check on listed stocks. 7. It is as reliable or unreliable as the internet. Drop by their support chat room on mIRC at #MBTRADING . Questions from prospective customers are welcomed, except at the open when they can be very busy. 8. You get a sophisticated trading platform with quotes, fundamentals, charts, level II, etc. for $300/mo ... With 50 tickets per month (25 in and out trades) there is no charge. They also have a 'lite' version with order entry and quotes only. Commissions vary with the volume. Hope this helps. John