InterbankFx demo - delayed quotes ?! | Forex Factory

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InterbankFx demo - delayed quotes ?!

  • #1
  • First Post: May 7, 2009 11:00am May 7, 2009 11:00am
Hi,

During the last couple of days I saw many that most of the times the EURUSD quotes from the MetaTrader Demo provided by InterbankFx are delayed with a few seconds compared with the real market data.

Have you also noticed that? I use Meta for signaling (on a Interbank FX demo account) and Saxo for real money trading and this is why I noticed this problem.

Do you thing is a strategy from IBfx or is just a technical problem that will eventualy be solved and everything will be back to normal ?

Kind of bothers me because I can no longer relay on my signals BUY/SELL signals coming from the techinical indicators I have on that MetaTrader demo account.

Thanks for any new info you migh have!
Cold
  • #2
  • May 17, 2009 3:51am May 17, 2009 3:51am
Well, since the problem with InterbankFX demo persisted I solved it by ... moving to FXCM MT4 (powerd by Boston Technologies Another difference that I have noticed is that on FXCM I get more ticks per minute than on Interbank FX, Alpari or ODL Securities.
  • #3
  • May 17, 2009 8:35am May 17, 2009 8:35am
Hang on, you're saying InterbankFX quotes consistently lag behind Saxo and you see that as a problem that needs solving!

I would have kept it quiet and opened a live InterbankFX account and exploited the latency if it still existed on the live server.......risk free money!

Unfortunately it was probably just a technical issue, I believe they run live and demo off two different servers
  • #4
  • May 17, 2009 10:26am May 17, 2009 10:26am
Quoting pipmutt
Hang on, you're saying InterbankFX quotes consistently lag behind Saxo and you see that as a problem that needs solving!

I would have kept it quiet and opened a live InterbankFX account and exploited the latency if it still existed on the live server.......risk free money!

Unfortunately it was probably just a technical issue, I believe they run live and demo off two different servers
Haha...yeah, I saw that kind of latency once at a broker I won't name, and took full advanatge of it on a live account. It only lasted a few seconds, but long enough for me to get in way below the true market price (on a long), and make some money
  • #5
  • May 17, 2009 10:56am May 17, 2009 10:56am
Quoting pipmutt
Hang on, you're saying InterbankFX quotes consistently lag behind Saxo and you see that as a problem that needs solving!

I would have kept it quiet and opened a live InterbankFX account and exploited the latency if it still existed on the live server.......risk free money!

Unfortunately it was probably just a technical issue, I believe they run live and demo off two different servers
He is talking about demo only. IBFX would have been bankrupt allready if that was on live
  • #6
  • May 17, 2009 11:32am May 17, 2009 11:32am
Quoting TC East
Haha...yeah, I saw that kind of latency once at a broker I won't name, and took full advanatge of it on a live account. It only lasted a few seconds, but long enough for me to get in way below the true market price (on a long), and make some money
What is the true market price in an OTC Market. Ask yourself that.
  • #7
  • May 17, 2009 12:36pm May 17, 2009 12:36pm
Quoting Tjpld
What is the true market price in an OTC Market. Ask yourself that.
Shops LP's compared to their quotes? Higher if you're selling and lower if you're buying
  • #8
  • May 17, 2009 12:37pm May 17, 2009 12:37pm
Quoting melpheos
He is talking about demo only. IBFX would have been bankrupt allready if that was on live
Yep that's why I was saying open a live account, hey you never know!
  • #9
  • May 17, 2009 5:45pm May 17, 2009 5:45pm
Quoting Tjpld
What is the true market price in an OTC Market. Ask yourself that.
What do I care brah? I saw a large discrepancy in price and made money from it...enough said.
  • #10
  • May 24, 2009 4:10am May 24, 2009 4:10am
Quoting melpheos
He is talking about demo only. IBFX would have been bankrupt allready if that was on live
Yeah, I'm sure the discrepancy was only for demo server (and perhaps it still is ... I didn't check again).

I use MT4 only for charting and getting signals, not for trading. This is why I only have demos with MT4 brokers. And I'm not interested to change my real account broker, this is why I don't open real account with IBFX.
  • #11
  • May 24, 2009 4:10am May 24, 2009 4:10am
Quoting TC East
Haha...yeah, I saw that kind of latency once at a broker I won't name, and took full advanatge of it on a live account. It only lasted a few seconds, but long enough for me to get in way below the true market price (on a long), and make some money
As far as I know, when you align 3 or more real time platforms and hit the one that lags behind it is called "sniffing". Perhaps you can do that once, twice or 20 times but verry soon the broker that you attack this way will close your account
  • #12
  • Edited 4:51am May 24, 2009 4:50am | Edited 4:51am
Quoting coldrecs
Hi,

During the last couple of days I saw many that most of the times the EURUSD quotes from the MetaTrader Demo provided by InterbankFx are delayed with a few seconds compared with the real market data.

Have you also noticed that? I use Meta for signaling (on a Interbank FX demo account) and Saxo for real money trading and this is why I noticed this problem.

Do you thing is a strategy from IBfx or is just a technical problem that will eventualy be solved and everything will be back to normal ?

Kind of bothers me because I can no longer relay...
I had been useing Interbank Demo for charting but trading live on a non MT4 broker and had the same problem recently, ie. it was nothing to have Interbank delaying quotes for 20-30 pips behind my live broker, I have found useing a live MT4 broker much more reliable.
  • #13
  • Last Post: Edited 5:03am May 24, 2009 5:03am | Edited 5:03am
I tried taking advantage of delayed quotes when I first started trading and mostly you get the message "Off Quotes" so it most likely is a technical problem.
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