IBFX Review by professional Forex trading experts the “ForexSQ” FX trading team, Finding out everything you need to know about the broker is in this InterBankFX Review.
IBFX is an offshore broker. Your money is not safe.
RECOMMENDED FOREX BROKERS
FXTM EM HYCM XM FXCM
Interbank FX was acquired by TradeStation Inc.
Headquarters: 3165 Millrock Drive, STE 200, Salt Lake City, UT 84121-473
Country: United States
Regulated by: CFTC, NFA (US)
Branches: IBFX Australia
IBFX Account Details:
minimum deposit: $1
minimum lot size: 1k
max leverage: 50:1
Variable, from 1 pips
STP – Straight Through Processing
Bank Wire, Credit card, Check
Free forex VPS
$5000 minimum deposit required
MT4, MT5 (Demo), TradeStation, TradeStation IFX
Free for accounts with $5,000 balance
Forex signals and social trading
IBFXconnect (powered by FX Junction)
What we think about IBFX
IBFX is a global forex broker that is an excellent choice for beginners: with no requirement for the minimum deposit and nano-lot trading, you can start trading with an investment as tiny as let’s say $10. Add to this the broker’s extensive educational section, and you have an outstanding starting point in forex.
More advanced traders are also taken care of: for them, there is a large variety of extras, such as the Autochartist pattern recognition tool, a volatility indicator, risk calculator, Expert Advisors, etc.
IBFX’s advantages don’t stop here, though. One of the things we quite like about it it is that it is quite transparent and publishes data about its spreads and execution time on its website. This is how we know that the average execution time for the past year is 26 milliseconds, and 99.81% of the trades are filled at the requested price. Traders have access to a deep pool of liquidity providers via the MetaTrader 4 (MT4) and Trading Station platforms and a choice between Standard and Mini accounts.
Mirror trading is also available through the broker’s very own social trading network IBFX Connect.
Two more treats that you will find with IBFX are the VPS (offered with exclusive conditions to traders with equity if $5,000+) and the IBFX debit card that can be used for faster and more convenient payments.
Security wise, IBFX falls under the draconian requirements of the NFA and the CFTC in the US – nothing to be concerned about here.
U.S. residents are welcome to trade with IBFX.
InterBankFX Review Conclusion
For more information about currency trading brokers visit TopForexBrokers.com forex brokers comparison website, Tip ForexSQ.com foreign exchange trading experts please by share this article about InterBank FX Review.