Sunday, August 5, 2012

IBFX Broker review

Formerly known as InterbankFX, this global Forex broker is currently rebranding itself as IBFX, though its services remain largely the same.

InterbankFX (IBFX) provides:
A Sophisticated Charting Program;
Real-Time News;
Phone, Online and Email Customer Support For Customers;
Extensive Educational Resources.
Autotrading availabillity (like and other top Forex brokers)
Opening an account with IBFX is easy and requires scanning two forms of ID to upload. Once you upload the information, along with your application, you receive an email with further instructions on how to fund your account. The minimum margin deposit for funding new accounts is $2,500 for Standard Accounts and $250 for Mini Accounts. However before you commit any money, you can access a free trial program to try the site and all its features with $10,000 to $100,000 virtual.

InterbankFX (IBFX) services include:

Two trading platforms, a downloadable client and a platform for wireless mobile devices;

The ability to trade 12 major currency pairs;

Spreads of 2-5 pips (which are somewhat high compared to other brokers);

Customizable, easy to use, charting tools;

User-friendly environment;

News & Commentary.

The site offers support in 17 languages, and includes several video tutorials to help you use the trading platform. Emails are answered within 48 hours, and live help is available 24 hours a day. In addition, the site includes a user forum through which traders can exchange tips and advice. However, the links on the user forum that are supposed to direct readers to their account and other sites do not work.

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