Partner Programs

MB Trading (MBT) and MB Trading Futures (MBTF) users must review the following Provisions and indicate their agreement to these provisions by clicking "I agree" below.

MBT and MBTF provides third party links and software applications solely as a convenience or for educational or informational purposes to its users. MBT and MBTF customers / users must review the following Provisions and indicate their agreement to these provisions by clicking "I agree" below.

MBT and MBTF, including its officers, members or employees, may: (1) have an affiliation with independent third party providers; (2) have direct or indirect control over independent third party providers; and/or (3) have discretion to alter the content of any third party link or software application.

MBT and MBTF does review the content of third party websites for compliance with federal, state or SRO rules or regulations regarding promotional material including advertising unless, otherwise not required by regulation. By linking to any third party website, you acknowledge and affirm that upon clicking on a third party link, you will immediately leave a website maintained by MBT and MBTF. You further acknowledge that all websites accessed through any third party application are not controlled by MBT and MBTF, except for MBT and MBTF’s website.

MBT and MBTF does not warrant the timeliness, accuracy or completeness of any facts, material or information contained on any third party website that is outside the control or knowledge of MBT and MBTF. Moreover, MBT and MBTF does not warrant the functionality of any third party application downloaded from its website. By clicking on any third party link or downloading any third party application, you hereby confirm and agree that MBT and MBTF shall not be responsible or liable for any loss or damage caused by use of or reliance upon facts, material or information obtained through the use of the third party website or application or for any loss or damage caused by use of a third party application.

Any opinions or recommendations expressed on any third party website or within any third party application are solely those of the independent providers and are not the opinions, recommendations or necessarily the views of MBT and MBTF. Furthermore, MBT and MBTF does not provide any legal, tax, accounting or investment advice concerning the suitability or profitability of any security or investment information contained on the third party website. Such links do not constitute a solicitation by MBT and MBTF to buy or sell any security or other investment.

MBT and MBTF reserves the right, in its sole discretion, to add or discontinue third party links or software application downloads on its website at any time and for any reason. Trademarks, logos, and service marks represented on this website are trademarks of their respective companies. Permission was granted for their use.

If You Agree To The Disclaimer, Please Click Here

Futures: Checking Account

The PenFlex checking account provided by Apex Clearing Corporation is a special cash management service that links to your account's money market fund and allows access to check writing, a debit card, for an annual fee of $30 (for accounts with a debit card)

Important Note:

  • Debit cards and check writing is not available for Forex trading accounts.
  • A debit card is available to Equity account holder who meets and maintains an equity balance of $10,000.
  • The debit card is not available for Equity Day-trading accounts.
  • The PenFlex® Account is not available to IRA, UGMA/UTMA accounts, or for accounts that process wires.
  • Each check re-order cost $5.00. For a complete fees list please Click here
  • Customers are prohibited from using PenFlex checks to establish 3rd party ACH relationships against their accounts’ automated payments and withdrawals. These transactions will be rejected and customers will be subject to any associated fees.

To open a checking account, simply complete and mail in the application to the following address. Please noted that faxed applications will not be accepted.

MB Trading

Attn: New Accounts
1926 E. Maple Avenue
El Segundo, CA 90245


  • No minimum balance for a checking account
  • $10,000 minimum balance for a debit card


  • Account detail consolidated with monthly brokerage statement
  • Daily activity screen available at http://online.penson.com
  • Quarterly and Year-End statements

Debit Card

  • Accepted world-wide at more than 16 million merchants
  • Access to over 440,000 ATMs world-wide
  • ATM withdrawals up to $500 per day
Checking Account Fees
Description Amount
  • Annual fee for debit card
  • Check re-order (100 checks)
  • Stop payment
  • Non Sufficient Funds (NSF)
  • $30
  • $5
  • $25
  • $30