The Joy Of Interbank

I'm sitting here watching the Interbank feed and the Interactive Brokers feed, the cable is on a big downer, what happens? The Interbank feed freezes! what a surprise! Currently 10 pips difference and increasing, must be one of those 'technical difficulties'.

Lol..IBFX gone freeze.over than 10 minutes already..in this kind of moment.BAD

Hi,

I got the same problem too with IBFX.

I just don't understand what is happenning with their platform, it has got moments when the connection fades without reason.

Really unpleasant!

Bogdan (Bucharest)

IBFX has gone down hill ever since they lost FXLQ. Trouble.......

Something's F'd up with IBFXs MT4 lately.

There's something wrong with this latest version. Or with there latest server version. It's abnormal for there not to be an update in a while.

It's not just there price feeds. At the moment I've got no connectino at all to them.

Only got one small trade on luckily.

What's FXLQ you are talking about?

I didn't know about that and I am interested to know more - I thought all was okay with them but apparently they've got some issues, is it?

they boast with the prizes and all of those awards they got, it seems to be more marketing than actual facts lately.

cheers,

Still pumping, I've got 'Common Error' now, I feel much better.
I'm in the process of porting my stuff to Interactive Brokers, they have downtime too, but at least they won't be randomly closing my trades.

Darn,

The ibfx server down till the market close.Time to move to another broker sound to me.Unbelievable..an hour down.It's the longest ive ever seen.

That's insane. Especially on a day like today, what with GBPJPY down over 450 pips at one point. I can't imagine my broker being offline for even a minute on a day like today.

It is strange why the mini server 2 seems to have a lot of trouble. The old original mini server worked fine again this time right up till close. I wish all my mini accounts were on the original mini server.

Well..they blame the system....here is my chat with them

you: so what will your company do with this mess?
you: hello???
Client Services 10: You will be filled retroactivly at the price based on the time of your request.
you: well that's not the matter..the fact that i cant acces my metatrader just when the price go against my order
Client Services 10: I understand this is EXTREMELY frustrating and I sympathise with your positon.
Client Services 10: I can only suggest that you take a min. to review the CFTC risk disclosure of Electronic trading.... It is pretty hars but it is a risk that all client's need to be aware of. We do take this situation very seriously and invest heavily to attempt to prevent future interuptions.... Here is the CFTC's discluser and this applies to our competion as well:
Client Services 10: 10. Electronic trading
Client Services 10: Trading on a particular electronic trading system may differ from trading on other electronic trading systems or other market systems. If you undertake transactions on an electronic trading system, you will be exposed to risks associated with the system including the failure of hardware and software. The result of any system failure may be that your order is either not executed according to your instructions or is not executed at all.
you: Lol..can you prove that failure system is not one of your company failure to maintain the server?

Client Services 10: The NFA is responsible to insure that the brokers maintain a good faith effort to keep things up and running.... Should a broker to do so then the NFA would be responsible to censure or shut down a broker who abuses their position.
you: then i can bring this to nfa right? to chect you guys up there about this.
Client Services 10: That is your recourse.. and they audit us on a regular basis as well...
Client Services 10: Our NFA ID number is 0326091.
you: all right then..so long..i hope we wont chat anymore..since it's mean another mess to me.thx
you: just sent me the report asap pls