IBFX
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I have never had an issue with IBFX or IBFX withdrawal,
what are the details?
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Nonprofessional they changed the credit card rules and withdraw without any notice.
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Nice Broker...
😎😎😎
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True , if you are a profitable trader they will put you on their blacklist server lots of re-qoutes , I had to call them to close my profitable trades.
Though if you are not profitable you will have no problem with them
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guys I on MACD EA on ibfx its good its keep updating my SL if I goes to profit...... but If i on EA then MACD can do automated trading? There is any option If i on macd and SL automated but not aut trading...
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Hi I am new to myfxbook. i found out that ibfx now owned by a company called tradestation . any info if the owner company will change leverage or any other trade related things?
thanks
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A very fast execution.. almost 99.99% fill rate.. what else i need?
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Good broker - for MT4 standards.
Fast order execution, but spread on the high side (for EURUSD mostly 2.1, but I am getting getting good rebates 😄).
They built some additional gimmicks and scripts + indicators in their MT4 which are quite useful. I intend to stay.
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Full speed ahead to IBFX. No hoops to jump through - as long as your demo accounts are trading, they don't expire. They don't pull the rug out from under you on your demo accounts.
Today I lost 4 Alpari U.S. demo accounts on myfxbook (two are a week old and two are about five weeks old). I have a live Alpari account. This is not the first time.
In my attempt to restore these accounts (because they are still working on the Mt4) myfxbook cannot link into the "credentials" of my (Alpari) demo accounts.
Alpari techs and Alpari customer service claim they don't know why this has happened.
Note to Alpari U.S.
IBFX is a much better broker for these reasons: 1. Better customer service 2. Better functioning demo accounts 3. Better nano lot accounts (oh, wait, you DONT have nano accounts) 4. No issues with Mt4 Build upgrades.
If 95% of all forex traders lose money trading forex - then would it NOT be good business to help them out? Come on - give them a break! Give them nano lot accounts and give them demo accounts that don't expire!
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So far, I have traded with FXOpen (micro and ECN), FinFX (STP and ECN), FXCM (micro), and IBFX. IF you disregard the leverage and no hedging limitation to put all brokers on equal ground, IBFX has proven to be the best. I don't get requotes, they are FAR faster than everyone else, and they have great support.
Another feature I quite like (that i just recently discovered) is the autochartist software that is free with their MT4 platform. Very useful for assisting with technical analysis across many different currency pairs and timeframes. I know there are other companies that offer this software to their clients, but I just happen to be with IBFX.
The ONLY downside to IBFX that I would consider a downside is their wide spreads. That said, their wider than average spreads are probably the reason for the fast execution of orders.
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im happy that because they support is so fast.. if you get fast response then you can solve your prob instant other wise no matter what broker u use, poor support poor performance.
Just they have to use electric payment procedure such as moneybooker etc to get more clients.
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Well what are us U.S. users supposed to do about the 50:1 leverage? I mean, it's the law of the land...it's not IBFX's fault.
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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.
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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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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
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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..
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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.
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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
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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
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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