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Closed my account with IBFX due to NFA non-hedging rule

So far during my course of trading with them, yes there are requotes and slippages, if trading manually.

But I have no problem putting TP, it'll hit each time even I plant my eyes on the charts and i sometimes i dont see the price filled only to check on the tick chart.

I dont know about SL as i never use one. So i cant comment on this.

Seldom experience on server disconnection. Reconnection was fast, in a few secs too.

Withdrawal is fast, few years ago, i noticed it, i got my withdrawal witnin 24hrs in my bank account, although it states 3-5 biz days for international bank wire. Recently made withdrawal with another account, got it in less then 24hrs.

So far, customer service was excellent , be it live chat or email...

Plenty of education materials and webinairs.

Withdrawal fee is high at $25. you might want to consider their debit card.

Closed my accouny due to the stupid non-hedging rule and possible up-coming new leverage level.

Waiting for IBFX's UK office to open.

Now finding another broker.

Hmm, FPA 2010-06-21

IBFX Interbank FX Review

IBFX Review: IBFX real forex trading spreads on MT4 forex account

 

Find Better Broker  

Headquarters: 3165 Millrock Drive, STE 200, Salt Lake City, UT 84121-473

Country: United States

Regulated by: CFTC, NFA (US)

Branches: IBFX Australia 

 

Interbank FX was recently acquired by TradeStation Inc.

Trader's rate 2.3
Editor's rate 3.8

IBFX Account Details:

minimum deposit: $1

minimum lot size: 1k

max leverage: 50:1

 

Spread:

Variable, from 1 pips

 

Dealing:

STP - Straight Through Processing 

 

Deposit/Withdraw

Bank Wire, Credit card,  Check

 

Free forex VPS

$5000 minimum deposit required

 

Platform:

MT4, MT5 (Demo)

 

Forex VPS

Free for accounts with $5000 balance

 

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Autochartist

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