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INTERBANKFX

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INTERBANKFX
www.interbankfx.com
Published by admin
21-02-2009
Default INTERBANKFX

You can view reviews and rate this broker below, (INTERBANKFX / IBFX) from 0 to 5.

(0 is the worst rating, 5 is the best rating)
Member rating
Spread / Commission
57.2%57.2%57.2%
2.86
Execution Speed
60%60%60%
3.00
Deposit / Withdrawal
88.6%88.6%88.6%
4.43
Customer Service
88.6%88.6%88.6%
4.43
Scalping Policy
28%28%28%
1.40
EA Compatibility
56%56%56%
2.80
7 users rated 63% average
  #1  
By AshFX on 21-02-2009, 20:43
Member reviews
Spread / Commission
60%60%60%
3
Execution Speed
80%80%80%
4
Deposit / Withdrawal
100%100%100%
5
Customer Service
80%80%80%
4
Scalping Policy
20%20%20%
1
EA Compatibility
80%80%80%
4
Average 70%
Default

Interbankfx were one of the first brokers I used when I began trading Forex. I found them generally very helpful, and I was able to withdraw my money pretty quick (what I had left of it!). They weren't too keen on scalpers though.

Despite what some people might say, I consider them a reliable broker.
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  #2  
By airbeat on 04-03-2009, 15:41
Member reviews
Spread / Commission
100%100%100%
5
Execution Speed
20%20%20%
1
Deposit / Withdrawal
60%60%60%
3
Customer Service
80%80%80%
4
Scalping PolicyN/A
EA Compatibility
100%100%100%
5
Average 72%
Default Difficult Executions

I find Interbank to be very slow in responding to execution requests. I get regular requotes even during slow periods and they are always when the trade is going with me. If the trade is going against me during execution request it is amazing how fast they execute the trade then.

I used to do news trading with them a few years ago but that has been a lost cause today since they started slowing down the execution and gave consistant requotes during those times. This seems to be standard though with all brokers that I have run across.
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  #3  
By hlass on 04-03-2009, 20:18
Member reviews
Spread / Commission
60%60%60%
3
Execution Speed
80%80%80%
4
Deposit / Withdrawal
80%80%80%
4
Customer Service
100%100%100%
5
Scalping Policy
60%60%60%
3
EA CompatibilityN/A
Average 76%
Default

Hi everyone,

Interbank has been my broker for almost 3 years, they are very helpful to me and I hardly get requotes or slippage, so I am lucky in that respect, because a few of my trading friends seem to always get requotes, scalping is not their thing, but once ina while I do scalp with them, but mostly hold my trades for 4-6 hours maybe more depending on market, but overall Interbank is very good in comparison to some brokers I have worked with with real or demo accounts, my Interbank account gives me no hassles at all when I pull out my monthly paycheck, best thing I can say is to demo a few brokers and use who you most feel comfortable with, start small and build, so that way if a brokerage goes belly up, they only have a few hundred dollars of yours, rather than thousands.
hlass:)
Last edited by hlass; 04-03-2009 at 20:21.. Reason: a few errors on spelling
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  #4  
By chas on 06-03-2009, 19:04
Member reviews
Spread / Commission
40%40%40%
2
Execution Speed
60%60%60%
3
Deposit / Withdrawal
80%80%80%
4
Customer Service
80%80%80%
4
Scalping Policy
40%40%40%
2
EA Compatibility
40%40%40%
2
Average 57%
Default

Have been with them for two years now and not had a problem with any withdrawal of funds but, lately I have notice some slippage and spread problems during non peak trading. Will start to watch more closely. I just hate to leave them because of the ease getting my money out.
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  #5  
By 4051fx on 20-04-2009, 00:06
Member reviews
Spread / Commission
0%0%0%
0
Execution Speed
20%20%20%
1
Deposit / Withdrawal
100%100%100%
5
Customer Service
100%100%100%
5
Scalping Policy
0%0%0%
0
EA Compatibility
0%0%0%
0
Average 37%
Default Can't Hedging

I think we can use hedging or locking on this broker, however am using scalping EA and this broker cannot allow it with widening his spread, terrible spread i think
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  #6  
By zalienz on 18-09-2009, 23:59
Member reviews
Spread / Commission
80%80%80%
4
Execution Speed
80%80%80%
4
Deposit / Withdrawal
100%100%100%
5
Customer Service
100%100%100%
5
Scalping PolicyN/A
EA CompatibilityN/A
Average 90%
Default No Problems with IBFX

I've been using IBFX demo for 9 months and a live mini account for 2 months now. I have had no issues with executions except during news reports, but I find that to be expected when the price changes several times a second during those heavy volatile times. Everybody wants lower spreads, but I find IBFX to be pretty fair with the majors, 2 pips on the EUR/USD is very good. Their deposit / withdrawals has been excellent. I rarely scalp, prefer manual trading, and do not use EA's so that's a n/a. I love the Metatrader 4 platform. I have also used FXDD and MB Trading in demo, but after comparing all 3 I eventually chose IBFX in the end. I plan on staying with them until I have a good reason to leave. Overall, a 4 out of 5.
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  #7  
By FxWolfe on 22-02-2010, 01:29
Member reviews
Spread / Commission
60%60%60%
3
Execution Speed
80%80%80%
4
Deposit / Withdrawal
100%100%100%
5
Customer Service
80%80%80%
4
Scalping Policy
20%20%20%
1
EA Compatibility
60%60%60%
3
Average 67%
Default

I started with IBFX and still use them. Customer service is friendly and i have had no issues with them. Great starter for newbies, their software is easy to use.
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