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List of all forex liquidity providers? 34 replies

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see the ibfx post?access to all liquidity providers

  • #1
  • Quote
  • First Post: Feb 9, 2008 12:56am Feb 9, 2008 12:56am
I just recieved an email stating that ibfx is giving access to all of the liquidity providers

[FONT='Arial','sans-serif'][FONT='Arial','sans-serif'][FONT='Arial','sans-serif'][FONT='Calibri','sans-serif'][FONT='Times New Roman','serif'][FONT='Calibri','sans-serif']FOR IMMEDIATE RELEASE[/font]
[FONT='Calibri','sans-serif']Interbank FX Provides Access to Multiple Bank Liquidity Partners[/font]

[FONT='Calibri','sans-serif']SALT LAKE CITY February 08, 2008—[/font][FONT='Calibri','sans-serif']Interbank FX ([/font][FONT='Calibri','sans-serif']www.ibfx.com[/font][FONT='Calibri','sans-serif']), a leading provider of online foreign currency (forex) trading, reveals its unique multi-bank order routing system, which provides access to liquidity and automatically executes trades with five of the world’s largest financial institutions, including Bank of America, Barclays Capital, Citigroup, Deutsche Bank and Goldman Sachs. [/font]

[FONT='Calibri','sans-serif'] “By obtaining competitive bids for order flow on our proprietary multi-bank feed, IBFX customers achieve optimal pricing and execution, faster processing times and increased liquidity on every trade, with just one click of the mouse,” said company president and CEO Todd Crosland.[/font]

[FONT='Calibri','sans-serif']The advantages of trading with agency-based Interbank FX as compared to a single market maker platform, or ‘Dealing Desk’ include:[/font]

·[FONT='Calibri','sans-serif']Tighter spreads (as low as two pips)[/font]
·[FONT='Calibri','sans-serif']100% automatic execution [/font]
·[FONT='Calibri','sans-serif']No market manipulation [/font]
·[FONT='Calibri','sans-serif']Competitive pricing derived from leading money center banks[/font]
·[FONT='Calibri','sans-serif']Anonymous order execution [/font]
·[FONT='Calibri','sans-serif']Smart routing to leading banks[/font]

[FONT='Calibri','sans-serif']Interbank FX’s unique platform enables both retail and institutional customers alike to trade forex without the hidden obstacles or potential conflicts of interest of a dealing desk broker. Because IBFX currency prices are derived from its financial institution liquidity providers, its price feed most accurately reflects the natural movements of the interbank FX market. In addition, Interbank FX trading profits are generated exclusively on its markup to institutional prices, and never from a dealing desk trading against customer positions.[/font]

[FONT='Calibri','sans-serif']IBFX is the only forex trading platform where company interests are squarely aligned with those of its customers. “Our long-term success is directly tied to the success of our customers,” said Crosland. “I invite traders to put the ‘IBFX difference’ to the test and find out what separates us from the rest of the pack.”[/font]

[FONT='Calibri','sans-serif']Interbank FX’s multi-bank liquidity feed is available on both live and demo accounts at [/font][FONT='Calibri','sans-serif']www.ibfx.com[/font][FONT='Calibri','sans-serif']. [/font]

[FONT='Calibri','sans-serif']Interbank FX was recently honored by Shares Magazine as the #1 Foreign Exchange Broker for 2007.[/font]

[FONT='Calibri','sans-serif']###[/font]

[FONT='Calibri','sans-serif']About Interbank FX[/font]
[FONT='Calibri','sans-serif']Interbank FX ([/font][FONT='Calibri','sans-serif']www.ibfx.com[/font][FONT='Calibri','sans-serif']) is a Futures Commission Merchant (FCM), registered with the Commodity Futures Trading Commission and a member of the National Futures Association (NFA). Interbank FX has customers in over 135 countries and offers individual traders, fund managers and institutional customers proprietary technology and a revolutionary approach to foreign exchange trading. Interbank FX customers execute directly from a streaming quote feed, not from a dealing desk that trades against its customers. Interbank FX also offers one of the only automated trading platforms in the w orld. Customers can program their own algorithms that will automatically enter and exit trades based on their trading strategy. Interbank FX Wireless provides customers the flexibility to monitor, modify, execute trades and receive alerts anywhere in the world. Through Interbank FX's partnership with leading worldwide institutions, traders have access to liquidity from 1,000 to 10,000,000 of the base currency with one click execution. Customers can trade micro, mini and standard lots. Interbank FX is committed to maintaining a high standard of service that enables customers to focus on trading opportunities in the Forex market while limiting their margin and liquidity risks. Trading in the off-exchange retail foreign currency market is one of the riskiest forms of investing and should only be attempted by experienced traders. [/font]

[FONT='Calibri','sans-serif']Media Contact:[/font]
[FONT='Calibri','sans-serif']Corbin Layton[/font]
[FONT='Calibri','sans-serif']Interbank FX[/font]
[FONT='Calibri','sans-serif'][email protected][/font]
[/font][/font][/font][/font][/font]
GREED IS THE ULTIMATE INDICATOR
  • #2
  • Quote
  • Feb 9, 2008 11:21am Feb 9, 2008 11:21am
SALT LAKE CITY February 08, 2008—Interbank FX (www.ibfx.com), a leading provider of online foreign currency (forex) trading, reveals its unique multi-bank order routing system, which provides access to liquidity and automatically executes trades with five of the world’s largest financial institutions, including Bank of America, Barclays Capital, Citigroup, Deutsche Bank and Goldman Sachs.



“By obtaining competitive bids for order flow on our proprietary multi-bank feed, IBFX customers achieve optimal pricing and execution, faster processing times and increased liquidity on every trade, with just one click of the mouse,” said company president and CEO Todd Crosland.



The advantages of trading with agency-based Interbank FX as compared to a single market maker platform, or ‘Dealing Desk’ include:



· Tighter spreads (as low as two pips)

· 100% automatic execution

· No market manipulation

· Competitive pricing derived from leading money center banks

· Anonymous order execution

· Smart routing to leading banks



Interbank FX’s unique platform enables both retail and institutional customers alike to trade forex without the hidden obstacles or potential conflicts of interest of a dealing desk broker. Because IBFX currency prices are derived from its financial institution liquidity providers, its price feed most accurately reflects the natural movements of the interbank FX market. In addition, Interbank FX trading profits are generated exclusively on its markup to institutional prices, and never from a dealing desk trading against customer positions.



IBFX is the only forex trading platform where company interests are squarely aligned with those of its customers. “Our long-term success is directly tied to the success of our customers,” said Crosland. “I invite traders to put the ‘IBFX difference’ to the test and find out what separates us from the rest of the pack.”
If I Go Broke Trying Then I Will die happy.
  • #3
  • Quote
  • Feb 9, 2008 12:35pm Feb 9, 2008 12:35pm
Quoting Moe
SALT LAKE CITY February 08, 2008—Interbank FX (www.ibfx.com), a leading provider of online foreign currency (forex) trading, reveals its unique multi-bank order routing system, which provides access to liquidity and automatically executes trades with five of the world’s largest financial institutions, including Bank of America, Barclays Capital, Citigroup, Deutsche Bank and Goldman Sachs.



“By obtaining competitive bids for order flow on our proprietary multi-bank feed, IBFX customers achieve optimal pricing and execution, faster processing times and increased liquidity on every trade, with just one click of the mouse,” said company president and CEO Todd Crosland.



The advantages of trading with agency-based Interbank FX as compared to a single market maker platform, or ‘Dealing Desk’ include:



· Tighter spreads (as low as two pips)

· 100% automatic execution

· No market manipulation

· Competitive pricing derived from leading money center banks

· Anonymous order execution

· Smart routing to leading banks



Interbank FX’s unique platform enables both retail and institutional customers alike to trade forex without the hidden obstacles or potential conflicts of interest of a dealing desk broker. Because IBFX currency prices are derived from its financial institution liquidity providers, its price feed most accurately reflects the natural movements of the interbank FX market. In addition, Interbank FX trading profits are generated exclusively on its markup to institutional prices, and never from a dealing desk trading against customer positions.



IBFX is the only forex trading platform where company interests are squarely aligned with those of its customers. “Our long-term success is directly tied to the success of our customers,” said Crosland. “I invite traders to put the ‘IBFX difference’ to the test and find out what separates us from the rest of the pack.”
So what?
When I see "and never from a dealing desk trading against customer positions" makes me sick.
It looks like they discover the hot water...
  • #4
  • Quote
  • Feb 9, 2008 2:21pm Feb 9, 2008 2:21pm
Quoting UFO Engineer
So what?
When I see "and never from a dealing desk trading against customer positions" makes me sick.
It looks like they discover the hot water...
i never had a problem with them. so whats your problem?
If I Go Broke Trying Then I Will die happy.
  • #5
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  • Feb 10, 2008 12:27am Feb 10, 2008 12:27am
So is it automatically available to all existing customers? Do we have to do anything to get that, like download a new platform or something?
  • #6
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  • Feb 10, 2008 1:12am Feb 10, 2008 1:12am
Good question, Jody. That's what I'd like to know too.

If this is all true then they shouldn't have a problem with scalping. I guess I should call them Monday. I've heard their customer support really sucks bad lately.
  • #7
  • Quote
  • Edited Feb 11, 2008 9:35am Feb 10, 2008 10:40am | Edited Feb 11, 2008 9:35am
Well I was using them for about three months an dthey seemed ok. then one day (some news annoncement0 there was a huge spike right before and announcement I mean like 250 pips in one second and I closed the account instantly I put a thread on the site about it I will get the exact info and call them on it monday. other than that I was pretty happy with them...but thats a lot, 200 pips.
GREED IS THE ULTIMATE INDICATOR
  • #8
  • Quote
  • Feb 10, 2008 11:36am Feb 10, 2008 11:36am
I know everyone has their own experiences with the various brokers but this is the kind of stuff that makes you stop and say hmmm...

http://www.forexfactory.com/showthre...highlight=ibfx

http://www.forexfactory.com/showthread.php?t=66825

I really like MT4 a lot but deal desks just make me cringe.
  • #9
  • Quote
  • Feb 10, 2008 12:19pm Feb 10, 2008 12:19pm
I agree. but if Moe is cool with them.....so am I
GREED IS THE ULTIMATE INDICATOR
  • #10
  • Quote
  • Feb 10, 2008 12:29pm Feb 10, 2008 12:29pm
Personally I've never had a problem with the spreads during news time. Maybe they widen a little but thats normal.

I mean if you really understand how the interbank market works spread widening is actually pretty standard during news time. After all its about demand and supply. If everybody wants to buy something price will definitely move up. Let's just say its serious training for when you wanna go into the interbank.
  • #11
  • Quote
  • Feb 10, 2008 12:30pm Feb 10, 2008 12:30pm
Nothing but a clever PR Spin campaign to slowdown the fleeing costumers over at IBFX.

Ever sine FXLQ was shutdown by CFTC, theirs been nothing but problems over at IBFX. More then likely do to the fact that prier to FXLQ’s shutdown FXLQ’ Principal “Robert Gray” was IBFX sol liquidity provider. Now that FXLQ’ and Mr. Gray’s are market as nothing but phonies grays probably lost all his banking relationships thus turning off the flow of liquidly that was feeding into IBFX, This new PR release is their attempts to save the sinking ship IBFX, but do to the facts that IBFX has lied http://www.forexfactory.com/showpost...&postcount=184 time and time again and found to be assassinated with a crook, it’s highly doubtful it will save them.
  • #12
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  • Feb 10, 2008 2:14pm Feb 10, 2008 2:14pm
Quoting Moe
i never had a problem with them. so whats your problem?
I´m happy for you
  • #13
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  • Feb 10, 2008 2:50pm Feb 10, 2008 2:50pm
Quoting KasperFX
Nothing but a clever PR Spin campaign to slowdown the fleeing costumers over at IBFX.

Ever sine FXLQ was shutdown by CFTC, theirs been nothing but problems over at IBFX. More then likely do to the fact that prier to FXLQ’s shutdown FXLQ’ Principal “Robert Gray” was IBFX sol liquidity provider. Now that FXLQ’ and Mr. Gray’s are market as nothing but phonies grays probably lost all his banking relationships thus turning off the flow of liquidly that was feeding into IBFX, This new PR release is their attempts to save the sinking ship IBFX, but do to the facts that IBFX has lied http://www.forexfactory.com/showpost...&postcount=184 time and time again and found to be assassinated with a crook, it’s highly doubtful it will save them.
What appears clever to me is that you've been a member here since WAY back in Dec 7, 2007 and you offer no clue as to your experience ect. in your profile. YET, you are able to post information about the intricate workings of a major broker. hmmm

Care to tell us who you are and what your agenda is?

I have a live account with IBFX and would like to know if I should panic and pull my funds out right away or perhaps next week, month... You must also know how long it will take for them to go under. Don't you?
  • #14
  • Quote
  • Feb 11, 2008 8:54am Feb 11, 2008 8:54am
are there any other brokers that off a higher leverage and use MT-4 Im just use to that platform..also Moe is the man. hes been here for ever AND!!!he has worked with many brokers....what do you day MOE? tell it like it is...I really need to find a decent broker..yeah ibfx has high leverage but I put on some very profitable trade last night and then I couldnt log into my account...if it were a real account would have lost 250 pips and counting
GREED IS THE ULTIMATE INDICATOR
  • #15
  • Quote
  • Feb 11, 2008 9:03am Feb 11, 2008 9:03am
Quoting fxcellent
are there any other brokers that off a higher leverage and use MT-4 Im just use to that platform..also Moe is the man. hes been here for ever AND!!!he has worked with many brokers....what do you day MOE? tell it like it is...I really need to find a decent broker..yeah ibfx has high leverage but I put on some very profitable trade last night and then I couldnt log into my account...if it were a real account would have lost 250 pips and counting
geez that sounds great, NOT! that is exactly what i read in comment after comment about IBFX i was thinking about starting a account with them till i looked at user reviews. i am not going near them.......
  • #16
  • Quote
  • Feb 11, 2008 9:37am Feb 11, 2008 9:37am
Well I know that ODL is getting some good reviews as is MB trading but Not sure...would like to find one ASAP any comments?
GREED IS THE ULTIMATE INDICATOR
  • #17
  • Quote
  • Feb 13, 2008 2:04pm Feb 13, 2008 2:04pm
I agree with KasperFX.

This PR is clearly in response to the blowback from FXLQ. Also, I have noticed higher spreads for longer periods of time before and after the news now that they have these new liquidity providers. I was trying to trade several minutes after the news and the spread was still 8+ pips on GBPUSD.

That is crap, my ECN account showed only a 3 pip GBPUSD spread at that time.
  • #18
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  • Feb 14, 2008 4:15pm Feb 14, 2008 4:15pm
all of that "liquidity" and they can't do better than 9 pips on GJ and 5 pips on USDCAD?
  • #19
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  • Last Post: Feb 14, 2008 5:00pm Feb 14, 2008 5:00pm
In defense of IBFX and MQL:

  1. What other brokers offers a free unlimited demo with the features of MQL? Have you seen some of the platforms other guys offer for free?
  2. How much does a good charting package cost? $50/month or more for the ones I would concider.
  3. Do you know of any ECN brokers who offer and more importantly honor micro sized lots so you can learn before you burn? Just because they offer micro lots doesn't mean you will get someone to take the other side. Scalpers tend to use large order sizes so your micro lots often get ignored.
  4. Have you tried other brokers? If not, perhaps you should. I was with two other dealing desk brokers before IBFX and I saw price spikes and widening spreads and talked to CSRs who laughed at me because I had a small (under $1000) account and they were used to handeling managed accounts with tens of thousands of dollars.

If you want to trade the news, go ahead! But don't expect a dealing desk or even STP broker to keep narrow spreads durring major news. They can't afford to simply because of the business model they operate under.

Frankly, this thread has deteriorated from its original notice of a change in the way they execute orders. Since they are my broker I don't want them to go under as I am satisfied with what they provide me. If you DO have any REAL problems with them or any brokers please call customer service before slinging hypothetical accusations around here. This forum is about trading not mud slinging.

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