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IBFX User Reviews
IBFX User Reviews
Uczestnik z Aug 06, 2010   159 postów
Aug 11, 2011 at 18:29
Dangerous for US customers due to low leverage. Other than that, they offer a VPS that is pretty reliable and spreads are good, even for unusual pairs like AUDNZD. But for user using Blessing EA is not good due to leverage.
Uczestnik z Aug 03, 2011   1 postów
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.
Mtupienga
Uczestnik z Apr 09, 2010   15 postów
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.. 😎 ...... thumbs up from one Mtupienga.....IBFX
Uczestnik z Dec 21, 2010   8 postów
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...😀 most of my friends dont have any problems withdrawing.. its always pay..

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

fut overall.. Thumbs-up ibfx, although my accont already empty 😭 i can still give you good vote..
pipinvestment1
Uczestnik z Aug 14, 2010   219 postów
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.
Uczestnik z Oct 09, 2010   2 postów
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
Uczestnik z Sep 08, 2010   1 postów
Sep 08, 2010 at 22:43 (edytowane 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
Elkart
Uczestnik z Aug 01, 2009   941 postów
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.
Uczestnik z Mar 21, 2010   68 postów
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
Uczestnik z Nov 10, 2009   2 postów
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.
Elkart
Uczestnik z Aug 01, 2009   941 postów
Apr 21, 2010 at 00:34
Binnooh,

Sorry you're wrong, IBFX does archive the results. It's a pain for me to.
Uczestnik z Mar 08, 2010   1 postów
Apr 20, 2010 at 19:29

CalculatedRisk posted:
    IBFX have this crazy system whereby they archive your account history every 30 days so as you'll see from anyone reporting here, they're account h istory will only go as far back as the last 6 month thus creating issues such as false reporting.
For example, my account currently trading at a profit but looking at the result displayed here on Myfxbook it appears as if i'm at a 13% loss since the only data it has on which to base the results is limited to the past 6 months.

sir, you can actually show all your history by right clicking on your history terminal
then click show all history! there is nothing to do with IBFX!

IBFX is great broker, spreads are OK, deposite withdrow are fast!
the only concern is the 're-quote' they do during volatile market.
Uczestnik z Nov 24, 2009   5 postów
Jan 06, 2010 at 13:09
IBFX have this crazy system whereby they archive your account history every 30 days so as you'll see from anyone reporting here, they're account h istory will only go as far back as the last 6 month thus creating issues such as false reporting.
For example, my account currently trading at a profit but looking at the result displayed here on Myfxbook it appears as if i'm at a 13% loss since the only data it has on which to base the results is limited to the past 6 months.
Uczestnik z Aug 13, 2009   5 postów
Oct 15, 2009 at 23:00
Yea. I've Used Them & Honestly I Wasn't As Successful With Certain Trading Strategies As I Am With Other Sites. But Their Deposit/ Withdrawal Time Is Really Good & They're One Of The Only U.S. Based NFA Regulated Brokers That Offer An ACH Option! Meaning They've Partnered With A Bank & The Client Has The Ability To Withdraw Funds Into A Checking Account That's Tied To The Forex Trading Account. IT'S NOT A BANK WIRE. It's INSTANT! Meaning Once You Confirm The Amount You Want To Withdraw It's In Your Checking Account. Although It's Only A One Way Street, You Can Withdraw Into The ACH But Not Fund Your Trading Account From The ACH. @Least For Now. I Will Admit That The ACH Feature Was The Deciding Factor To Sign Up With IBFX, But In The End It Didn't Work Out. Maybe When I Re-Deploy Back To The States In A Few Months From Iraq & Have A Decent Internet Speed/Connection & Have The Available Time To Focus On My Manual Trade Techniques & Strategies, I'll Give Them Another Shot. Which, If You're Wondering How I Get By, One Website... ForexVPS.Com! It Took Me Almost Half My Tour To Figure This Essential Piece Of A Business Investment Out. It Sucks When Your Fire Base Consistently Gets Mortared & The Internet Connection Cuts Out While Your In The Middle Of A Trade, Manually, Especially A Pair Like The Sterling-Yen. LOL. For Now Though, I Don't Mind A 2 Banking Day Wait For My Withdrawals. It's Not Like I'm In A Hurry To Go To The Mall Or The Club & Spend It. I'M IN FUCKING IRAQ! LMFAO!!!!!!!!
Uczestnik z Oct 15, 2009   1 postów
Oct 15, 2009 at 21:40
IBFX Deposits/withdrawals times are 1-2 Day which is better than some other broker that take 1 weeks or 2... But spread does widen unexpectedly but that rarely happen maybe like 5 time in 1 month... Obviously spread widen during news.


Uczestnik z Aug 31, 2009   131 postów
Sep 14, 2009 at 07:51 (edytowane Sep 14, 2009 at 08:02)
What!? 'Spreads better than average!!' - ROFL!!!! - They widen the spreads whenever they feel like it!! - OMG... You must work for them!!! - 'Spreads better than average....' - ROFL!! - https://www.forexpeacearmy.com/public/review/www.interbankfx.com - LOL!!!!
Uczestnik z Sep 12, 2009   2 postów
Sep 12, 2009 at 19:12
I have used them for about 6 years. They have been a very solid broker for me. Deposits/withdrawals times are fast. The spreads are better than average for a non-Ecn broker.
Elkart
Uczestnik z Aug 01, 2009   941 postów
Aug 07, 2009 at 15:29
Years. 5 maybe.
Uczestnik z Aug 06, 2009   397 postów
Aug 07, 2009 at 15:16
Well, it could've been my fault, as I was using a cellular modem.

How long have you been using them?
Elkart
Uczestnik z Aug 01, 2009   941 postów
Aug 06, 2009 at 14:51
I find them rock solid. Haven't had a hiccup in in a looooooong time.
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