FXSolutions vs. Interbankfx

I have narrowed it down to one of these brokers for my next account. I have been demoing with Interbankfx for several months. I am a big fan of MT4. I obviously want have that with FXSolutions.

But can you guys give me your opinions on either or both of these brokers if you use them. You can visit my journal to see what type of trader I am. Basically I am a swing trader and I made trades once a day between 9am and 11 am EST. I will also be managing some funds for a couple of clients so add that to the mix as well.

In other words I am def. not a scalper or news traders. Thanks for any and all of your opinions and experiences shared.

Jackie

I think both Ibfx & FxSol are excellent broker's with out any doubt. I found FxSol Platform as one of the best and most efficeint trading platform. My experience with them is very good so far. But we can not ignore or neglect Ibfx also. But i really like FxSol with its excellent Trading Platform & features.

Thank you very much for your reply. Anyone else have anything they can add?

Thanks,
Jackie

been with FXSolutions for years now....I have no complaints about their service, platform, or trade executions. I think they are one of the best! Just my opinion, of course. That, and perhaps $3.00 can buy you a single gallon of gas!

Keep in mind that you don't have the MT4 platform with FXSolutions. They have limited indicators.

IBFX does use the MT4 platform which most of this forum is dedicated to. Withdrawing funds is faster than with FXSolutions since they have a Platinum Debit Card you can use.

Good Luck with the decision you make.

I have been with FX solutions and IBFX. I was with FX my first 6 months and IBFX for 2 years. I prefer IBFX much more than FS SOL because:

1. I like the MT4 platform much better than theirs
2. I had trouble getting trailing stops to work with FX SOL I had several trades I ended up losing when the trailing stop should have made me a profit. This was before their new platform however.
3. I thought FX SOL hunted stops far more often the IBFX. I had a lot of trades go to exactly the stop line and reverse where IBFX I have had many trades get close but not stop out.
4. IBFX has a contest every month and that is fun to try to win.
5. I do use EAs in my trading and you cant do that with FX sol. For instance I have a program that doesnt enter trades for me but manages them once I enter. So I dont have to stay by the computer and watch over my trade.

1. FX sol has more margin leverage if you need it. 400:1
2. FX sol closes all your trades when your margin hits zero with IBFX they will keep going until your account is cleaned out.
3. FX sol fills me with less slippage than IBFX
4. Since FX sol closes your trades when your margin hits zero I would trade the max leverage and lots knowing if price went against me 20 points the margin call would close my trade and limit my losses. But if the trade went for me I could make a killing. (very poor trading habit I know)

I feel IBFX online chat was much better than FX sol and I could get better customer sevice. However, I have heard they have improved that since I left.

Anyway those were my experiences. I didnt like their old platform and I am not too crazy about their new one. I love the MT4 platform

This is some great feedback. I appreciate all of you and your opinions. Please keep them coming. Also anyone have any experience managing other people's money using either FXsol or IBFX?

I would definitely appreciate feedback on that as well.

I recommend FXSOL, one of the top five currency brokers now. I trade with them , execution is so good and customer service is very nice. IBFX , I don't have any experience with them but I read a couple of times that they refused to transfer funds to some clients. so from a safety of funds point of view, and to avoid any kind of scamming , I prefer FXSOL for sure.

As for me, I would go with FXSolutions.

FX solutions does have superior customer service and clients seem to like their GTS Pro platform.

If you'd like to trade at FX Sol, shoot me a PM and I can get you set up with a number of value-added services there.