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IBFX Review

  • #21
  • Dec 12, 2008 11:23pm Dec 12, 2008 11:23pm
sorry a little off topic again, so how often would a spread change during a live trade? does it stay within a certain range and if so what is the normal? Also, how long it take to execute a trade and then close it? Just say i enter a trade, i've reached the profit mark i have and i want out, how long's this going to take?
  • #22
  • Dec 13, 2008 12:02am Dec 13, 2008 12:02am
spread only change when they have liquidity issue or during news time. It does not occur often. execution is pretty instantaneous. I use this indicator to monitor spread.
Attached File(s)
File Type: mq4 StatMonitor-Phat-.mq4   3 KB | 385 downloads
  • #23
  • Dec 13, 2008 1:32am Dec 13, 2008 1:32am
do ECN's stop hunt?

do they 'care' if your account gets too high like the retail bucket shops?
Grabbing the bull by the horns!
  • #24
  • Dec 13, 2008 1:44am Dec 13, 2008 1:44am
thanks for the spread monitor...how do i actually use it? haha..

btw why do people dislike MT4 so much? seems like a easy to use platform to me...
  • #25
  • Dec 13, 2008 2:19am Dec 13, 2008 2:19am
If a person is banned, does his old posts get pulled? I sometimes put on the first page of a thread places in the thread that are important and find out later the post number I am referring to is changed.
  • #26
  • Dec 13, 2008 2:23am Dec 13, 2008 2:23am
Quoting nanningbob
If a person is banned, does his old posts get pulled? I sometimes put on the first page of a thread places in the thread that are important and find out later the post number I am referring to is changed.
Hallo Bob!

The posts of a banned member stay intact - only the few that were offensive in any way or are of debateable nature are extracted into the "Bin". Then the postcount changes and the reference is spoiled!

Happy season to you!
Matt
  • #27
  • Dec 13, 2008 3:11am Dec 13, 2008 3:11am
Quoting onu
Did you inform the authoryties about this mess?
Nope, I assume there would have been little point in kicking up a fuss, satisfaction was achieved via closing the account and moving to greener pastures. To the other guy, yes it was less than 20k.
The breaking of a wave cannot explain the whole sea.
  • #28
  • Dec 13, 2008 3:23am Dec 13, 2008 3:23am
Everything you need to know about why the market does what it does is contained in this thread.

Enjoy!

http://www.forexfactory.com/showthread.php?t=7484
  • #29
  • Dec 13, 2008 11:27am Dec 13, 2008 11:27am
Quoting Search1ng
so what i see in a demo account is different from a live account? i thought i was still entering the real market even if it was only with demo money?

...who then is, a good broker? (1000USD)
Absolutely! There are a lot of differences between demo and real accounts with the same broker. The first difference that you will see is the trade opening and closing speed. In demo is done instantly whereas in real accounts it takes time and it gives you a new quote. IBFX is the worst regarding this issue. Sometimes you can not even close your trade after several times of trying. Even when the market is slow and there is no news release.
  • #30
  • Dec 13, 2008 11:30am Dec 13, 2008 11:30am
Quoting Craig
I had 2 big shorts on the NZD/USD with IBFX a while ago which were well in profit, I actually sat in front of the screen as these positions spontaneously closed out all by themselves, I closed the account the next day. Fucking bullshit.
They are stupid. Instead of taking care of their clients and attracting more traders, they are trying to make money by stealing from their traders.

This is not a good signal. Maybe they are planning for the last big trick!!!

You know what I mean.
  • #31
  • Last Post: Dec 15, 2008 7:22pm Dec 15, 2008 7:22pm
im only gonna use them until my account size is over 10,000 then im bailing to something closer to home (Gomarkets-Australia)
Grabbing the bull by the horns!
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