InterbankFx — Forex Broker Rating and Review 2020

InterbankFxhttp://www.ibfx.com/
Status
Regulation
Trading software Meta Trader 4
Headquartered 3165 East Millrock Drive, Suite 200 Salt Lake City, Utah 84121 866-468-3739 or 801.930.6800

IBFX is a provider of online forex trading services, offering individual traders, money managers and institutional customers proprietary technology, forex trading tools and forex trading education to trade foreign currency online. As a leading online forex broker, IBFX has distinguished itself among currency trading industry leaders with its unique multi bank liquidity feed, proprietary forex tools and services with a remarkable focus on customer care. The IBFX trading platform, MetaTrader 4, provides a fusion of flexibility and performance to optimize the forex trading experience. Explore all the features and benefits provided by IBFX by opening a free demo account.

InterbankFx trading information

WWW http://www.ibfx.com/
Address 3165 East Millrock Drive, Suite 200 Salt Lake City, Utah 84121 866-468-3739 or 801.930.6800
Headquarters
Free phone
Automated trading
Digits after the dot in quotes 4
Minimum position size 0.01
Pip spread on majors 1-3
Spread Type
Maximum Leverage 500:1
ECN, $
Standard account, $ 100
Micro account, $ 100
Popular payment methods Credit Cards, Wire Transfer, WebMoney
Account currencies USD, EUR, JPY, GBP
Available assets
Languages English
Platforms Meta Trader 4
Broker type
Regulation
Foundation 2006

Not operating anymore but left a very good experience. As a scalper, I’ve never had issues with slippages. Moreover, spreads on eurusd had never been more then 2 pips. All transactions and funds withdraws had been made with no troubles. The only one negative moment was that ibfx shut down trading platform few times during important announcements from the US. That’s the only bad thing I can remember.

Smech   29 July, 2016  

why do they exclude the hedging rule???

farz   3 July, 2009  

Trading with them for more about 3 years - mini accou nt. No problems so far. I do use robots/EA and scalping without any problems. Spread is a problem during news times

Willem   18 December, 2008  

Incredible spread during news
50 pips in EURUSD during last NFP !!!!

go out quickly this is stiller place

eliot   8 July, 2008  

I have been trading with them about 2 years,so far no problem and the service is good.

Julius   8 May, 2008  

Grizzle... "no dealing desk"?? You're either joking, or you work for them. If they were a true ECN, they'd be charging commissions, and have a heck of a lot more in assets/liquidity. That aside, EVERY broker has a dealing desk & market makers, unless they're lying in their literature.

Drei   22 January, 2007  

They don't want you to win? Then explain the no dealing desk policy, the open forum, the debit and credit cards which make it sooo much easier to access your margin... I could go on and on.

Grizzle   19 December, 2006  

I have been trading with them for about 6 month. Let me tell you something if you trade news releases… Keep away from them. The biggest scammers ever. System freezes, huge huge spreads. Here is the proof: http://www.youtube.com/watch?v=1JlUSNpfoBk
There are several more just type interbankfx in youtube.

George Dentchev   9 December, 2006  

I got tired of being slipped too many times. They dont want you too win.

slipless trader   3 September, 2006  

Traded with them because I fell for the Interbank rates. Their name is Interbank but they dont have the liquidity I have found with others (its almost a SCAM), their spreads aren't great except EURUSD, the metatrader charts are for guys who dont know anything about forex looking for the easy money...but you get easy loss. Site was appealing but I regret my choice, hopefully I will find something here.

Wayne Rosac   1 August, 2006  

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