Does anyone know how I can trade mini lots with a standard Interbank FX account? I'm using their version 3 software currently, Thanks
Interbank FX Expert Advisor how to program? 15 replies
OandA or Interbank FX for 1st live acct 25 replies
Interbank FX 8 replies
Interbank Fx 16 replies
Does anyone know anything about a broker called Interbank FX ? 60 replies
Quoting Dark1DislikedDoes anyone know how I can trade mini lots with a standard Interbank FX account? I'm using their version 3 software currently, ThanksIgnored
Quoting james16Dislikedhello dark1, with met4 standard at ibfx you can trade micro, mini and full size lots. in fact you can enter with full size and scale out with micro and/or mini lots.
full lots are 1.0 etc
mini lots are 0.10 etc
micro lots are 0.01 etc
i think its pretty cool.Ignored
Quoting fijitraderDislikedWhat do you think of IBFX so far Jim?
FTIgnored
Quoting james16Dislikedstill keeping my eye on things, met4 standard has gone down 2 times in the last 3 days but not for long. i like them a lot especially the attitude. no one talks down to you and they will spend as much time as needed to answer questions without sounding frustrated. they also go out of thier way to tell you if you have any problems they will make it right. they seem like they appreciate your business unlike other places i have been. no dealing desk is nice also. i wish i could walk out my front door and go snorkeling. oh well maybe someday. i snorkel in my pool but i have yet to see anything new or interesting. after all i have been married to the same woman for 15 years.Ignored
Quoting ScooterDislikedThere seems to be some conflicting statements as I received the following from their on-line Chat:
Please wait for a site operator to respond.
You are now chatting with 'Client Services'
Client Services: Hello, how may I help you?
you: Hi can I do the following? Open a Standard Account with $5000, use MT4 and trade as low as 0.1 lot?
Client Services: yes
you: Really? I saw on a forum that the lowest you can trade on a standard account was 1.0 lot although with MT4 you could trade fractional above 1 lot such as 1.1 lots
Client Services: Since we have introduced MT4 you can now trade fractional lots.
you: even lower than 1 lot such as 0.2 lots?
Client Services: yes
you: OK thanksIgnored
Quoting WanderingwowDislikedP.S. Have any of you Standard accounts been able to trade less than a full lot? Maybe the customer service folks don't really know.Ignored
Quoting PlaymakerDislikedI have a standard account at IBFX and I am able to trade fractional lots. Today I had 4 trades with .6 lots, equal to 6 mini lots. No Problem works like a charm. Now if they would get there platform from going down I would be completely happy.
MattIgnored
Quoting PlaymakerDislikedI have a standard account at IBFX and I am able to trade fractional lots. Today I had 4 trades with .6 lots, equal to 6 mini lots. No Problem works like a charm. Now if they would get there platform from going down I would be completely happy.
MattIgnored
Quoting ScooterDislikedHi,
I'm demoing InterbankFX currently but I heard there were some issues with MT4. I contacted them and this was their reply:
Customer Support: MT 4 Issues
Customer Support: · Alerts work on mini accounts if you use the pairs that do not have a space between them and the m (use GBPUSDm for example).
Customer Support: · There is a lack of historical data.
Customer Support: · The trade window locks up only on mini accounts and seems to be related to both FXCM and 4X made easy software.
Customer Support: · Another issue that I hope is fixed now is the “live update” feature not working. I have had a few customers with this issue. You can fix it by helping them go into their Interbankfx folder and double left clicking on the “liveupdate.exe”. That seems to work.
Customer Support: · The Change Password function does not work
Customer Support: · No data in chart after download. Solution: Customer must do new chart
Customer Support: · Refresh on charts doesn’t work
Customer Support: · Exotics in terminal window not updating
Customer Support: · You can not overlap/replace charts buy dragging.
Customer Support: · In a few cases you can not modify your ticket to include a stop loss.
Customer Support: · The back tester does not work
Customer Support: · Tick window may get "waiting for update"
Customer Support: · Swap is not right in MT4 for mini accounts.
Customer Support: · It doesn't work well with Trade Station, 4xme and esignal
Customer Support: · Cannot change periodicity
Customer Support: · Market Watch does not keep pairs in the order they were set up
Customer Support: Connection problems too
you: Hmm..... I will have to demo some more.
Customer Support: yes
you: thanks
Customer Support: My pleasure, contact us anytime.
I know there are some folks on this forum who are using them with a standard account. Are you experiencing a lot of problems?
Thanks,
ScottIgnored