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Originally Posted by mister_doodi
EFX is a IB to MBTrading, correct?
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Yes, EFX is an IB of MBTrading.
Essentially, EFX is the arm of MB that specializes in Forex. MB Trading offers all asset classes (stocks, options, futures, Forex) and thus offers software solutions that suit traders for all markets. Many of the owners of MB also own EFX, but EFX is set up to train people that are largely Forex-only traders.
• MB and EFX both use the same execution technology and pricing.
• Both have the same Help Desk for off-hours support.
• Both EFX and MB have the Navigator software as a front-end option.
• Only EFX has the Forex Pro software as a front-end option.
• Only EFX offers discounted charting solutions with eSignal and Intellicharts with our data feed.
• EFX’s daytime help desk and on-line tutorials are designed to help you learn how to use our platforms. We’ll spend as much time as possible walking you through how to trade on the system.
• Any upgrades to the overall execution platform that MB implements will also apply to EFX.
• EFX may add software upgrades, new front-end, or even advanced Forex-only order routing via our front ends that MB may never offer.
That’s pretty much the way to look at it.