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IBFX Review Scores
IBFX
www.ibfx.com
Overall Score: 6.4/10
Total Votes: 79
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IBFX Discussion
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Elkart

Member Since Aug 01, 2009  941 posts Elkart (Elkart) Apr 21 2010 at 00:34
Binnooh,

Sorry you're wrong, IBFX does archive the results. It's a pain for me to.

Chang beer is evil.
bumasoft

Member Since Nov 10, 2009  2 posts Marian Victor Busoi (bumasoft) May 03 2010 at 20:13
I have been using IBFX for the past 1.5 years and never had issues. Customer support is great, spreads are acceptable, fast deposits, fast withdrawals and they have a nice feature where you can order a payoneer card and withdraw money to it, so you can take money out of any ATM in the world. That's pretty cool.

MyLiveEA

Member Since Mar 21, 2010  68 posts MyLiveEA May 03 2010 at 22:33
Well they would be my perfect broker if they did not suck on leverage. What these brokers never think of is some EAs need that high of a leverage to run them safe. What they should do is offer 500 or 400:1 leverage on a case by case account.
randy

Elkart

Member Since Aug 01, 2009  941 posts Elkart (Elkart) Jul 08 2010 at 05:31
How do I change my rating for a broker? These guys just scored a big fat 0 from me.

Chang beer is evil.
slowkey

Member Since Sep 08, 2010  1 posts slowkey Sep 08 2010 at 22:43 (edited Sep 08 2010 at 22:44 )
bizWiz posted:
    Used those guys about a year ago, couldn't stand the re-quotes and the platform outages, so had to move to another broker.


I never liked the re-quotes either but since their recent upgrade to market orders and 6 digits I have had no re-quotes. I am beta testing the new software, Brillian. It will be out later this fall. Really nice software that will run metatrader experts and indicators when it is done. It has Pattern recognition built right into it. It is a dream. This will be the best platform when it comes out. I have tried every platform but this one is the best I have ever seen. They have been developing it for 3 years. This broker is determined to become the best. Look out FXCM

kvzambo

Member Since Oct 09, 2010  2 posts kvzambo Oct 13 2010 at 13:45
I've used IBFX for 5 years both manual and EA trades. Never a problem of any note and customer service is fine. Only problem now is the Dodd-Frank reform bill that will eventually kill retail Forex in US

pipinvestment1

Member Since Aug 14, 2010  219 posts Will Schaarrand (pipinvestment1) Nov 13 2010 at 04:56
This was my first broker back in 2007. I experienced many requotes and i honestly thought that was how FOREX was.

 I couldn't close profitable trades because I would be requoted several times.

To find out years later, all the Requotes were driven by the MetaTraders Broker Virtual Plugin. I stayed away from Metatrader ever since that bad experience at IBFX, until recently. (in Search of an honest MT4 broker)

I'm not sure if this broker has improved, but considering that the CFTC is fining many brokers for using the broker plugin, IBFX may improve.

1 pip at a time
san2salim

Member Since Dec 21, 2010  8 posts Sandy (san2salim) Dec 21 2010 at 11:46
my first broker are fx-pulp, second are eforex, 3th ibfx, 4th forexcent still on, and 5th uwc still on..

my review about ibfx.. its NICE...grin most of my friends dont have any problems withdrawing.. its always pay..

but i really dont like its often requotes.. especially during newstime..slim

fut overall.. Thumbs-up ibfx, although my accont already empty cry i can still give you good vote..

rich or die trying
Mtupienga

Member Since Apr 09, 2010  12 posts laurenti chaacha mohochi (Mtupienga) Apr 18 2011 at 09:09
IBFX was one of my first brokers and i must say so long as you are not scalping, the requotes and spread widening during news, of which they are notorious of doesnt affect you. their deposits and withdrawals is super first a plus for them...actually i guess they are among the best for me.. cool ...... thumbs up from one Mtupienga.....IBFX

Perfectio is attained after perrenial failure and the experiences acrrued over time
JacquesMichaud

Member Since Aug 03, 2011  1 posts JacquesMichaud Aug 04 2011 at 06:28
I've never had a single requote on any of my trades (I trade ~50 standard lots monthly) since I opened my account with them at the end of last year. I came to IBFX because they touted their new order execution software and promoted that with high execution rates. And I have been very satisfied.

They show 99.88% execution rate, which doesn't leave very much room for all the requotes you're talking about.

The spread widening, on the other hand, is indicative of true market prices. It's those guys who don't widen their spreads that you need to watch out for! The fact that the spreads widen proves to me that they get their prices from global banks - as they claim - and that my trades go onto those banks.

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