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Interbank FX. The most reliable MT4 broker around?

  • #121
  • Jan 18, 2010 9:59am Jan 18, 2010 9:59am
Quoting magnumfreak
unless you compare to a live account your data is invalid as is your accusation.
I had already thought about that when I posted the data. I am fully aware that demo environment is not the same as real environment. But could execution in the demo environment really be hundreds of times worse than real environment? Compare 274ms with 0.868ms.
  • #122
  • Jan 18, 2010 10:05am Jan 18, 2010 10:05am
Quoting Hyper
I had already thought about that when I posted the data. I am fully aware that demo environment is not the same as real environment. But could execution in the demo environment really be 500 to 1000 times worse than real environment?
Why not slow everything down for demo and save bandwidth. I would imagine a good number of these companies are getting tired of all the free charting they are giving away. Most people who are doing testing or learning the trading platform won't notice the difference. I mean seriously, how much will most systems being tested be impacted by execution times that are sub 1/2 second?
  • #123
  • Jan 18, 2010 10:07am Jan 18, 2010 10:07am
Have you actually timed you executions in the real environment? I have at a few other brokers. 274ms is actually good and normal.
  • #124
  • Jan 18, 2010 11:13am Jan 18, 2010 11:13am
Quoting Hyper
Yes, it is used as a timer.

It is NOT the time lapse between received data ticks. The word "tick" relates to CPU ticks of your terminal computer.

hey hyper..... perhaps one of us is incorrect on several points.......

the best solution might be to contact stringo or rosh over at metaquotes..... show them your code and ask them if there is anyway order execution time can be derived from it...... and you might ask of the true purpose of gettickcount().....

both rosh and stringo seem to be really nice guys, and i'm sure they might clear up any confusion....... phy on metaquotes forum is very knowledgeable also......

truely hope you get it all sorted out, it seems to be weighing on your mind......h
to trade and code, keep both simple... no call to impress....h
  • #125
  • Jan 18, 2010 11:16am Jan 18, 2010 11:16am
I think you are the one who is still confused and therefore should follow your own advice.
  • #126
  • Jan 18, 2010 9:13pm Jan 18, 2010 9:13pm
Being that this is an IBFX thread...I suppose you know that the proposed requirements are set to change again soon...to...10:1 Leverage for US Dealers...yes it is true...it seems that many US Traders that are poorly capitalized will be leaving for offshore dealers.

http://www.cftc.gov/newsroom/general...pr5772-10.html

Will IBFX survive?

ES

Quoting BearPaw
I have used IBFX for over 5 years.....at first they were great for news trading..then that stopped....then sometimes I saw requotes quite a bit....but that hasnt been a problem for me for over a year.

I have been really happy with them overall.

But, unfortunately I am now using different brokers because interbankfx does not offer leverage at 400:1.

So, to me, they were the best....but now, because they have been forced to change their leverage requirements they do not work for me anymore....

I have used EAs and many different indicators...have...
  • #127
  • Jan 18, 2010 9:41pm Jan 18, 2010 9:41pm
Quoting ElectricSavant
Being that this is an IBFX thread...I suppose you know that the proposed requirements are set to change again soon...to...10:1 Leverage for US Dealers...yes it is true...it seems that many US Traders that are poorly capitalized will be leaving for offshore dealers.

http://www.cftc.gov/newsroom/general...pr5772-10.html

Will IBFX survive?

ES

Will any US FX broker survive?

Anyone waiting to find out is playing with fire IMHO. It's time to move.
  • #128
  • Mar 10, 2010 10:31pm Mar 10, 2010 10:31pm
Quoting Slack
Will any US FX broker survive?

Anyone waiting to find out is playing with fire IMHO. It's time to move.
Shall we move to an europe broker? alpari uk perhaps??
  • #129
  • Mar 10, 2010 11:03pm Mar 10, 2010 11:03pm
IBFX is a fine broker. good platform, great people, prompt support. I hope the new rules do not hurt them too much. They recently moved their servers. now in/near NYC. really good move as their MT4 servers are now in the heart of the US financial district.
BarrySDCA Commercial Network Services
  • #130
  • Mar 11, 2010 12:19am Mar 11, 2010 12:19am
Hi i am new to this thread and new to FX. i have never used MT4 platform before.
I am using the demo platform of ODL... any comments would be commendable as i intend to open an account with 500$. They don't have micro lots the standard lot size come with 10000 and above...

i wish to trade few pairs such as EU GU EJ
Features:
money withdrawal is within 2-3 days
They are regulated
Tight spread
Sharia compliants (Islamic) (meaning no interest (swap) charged for weekend & overnite trades)
UK broker though i trade from saudi arabia

So i kinda like them.. but i need comments from anyone who is using ODL

thanks guys
  • #131
  • Mar 11, 2010 12:24am Mar 11, 2010 12:24am
im using ibfx aswell so far no problems. what UK broker do u guys recommend for the switch?
  • #132
  • Mar 11, 2010 8:42pm Mar 11, 2010 8:42pm
HI

Apart from US fx brokers like IB, any other good fx broker outside US you will recommend. Thanks.

fxpip8
  • #133
  • Mar 12, 2010 8:57am Mar 12, 2010 8:57am
IBFX are supposed to open an offshore office soon apparently.
  • #134
  • Mar 12, 2010 2:20pm Mar 12, 2010 2:20pm
I still have accounts with IBFX, though I trade smaller amounts with them.

I have also opened accounts offshore with www.tadawulfx.com and www.fxopen.com

They have both been good for me so far. I really like IBFX still the best and the cost of withdrawing is more with tadawulfx and fxopen, but these two brokers have been acceptable as far as trading and customer service.

Still waiting for IBFX to open their UK branch though...that is my ultimate hope.

Thanks,

BP
  • #135
  • Mar 14, 2010 5:14pm Mar 14, 2010 5:14pm
I think they should lower the account stop-out level as a work-around to the lower leverage imposed by NFA. I have found that it makes a huge difference, whereas the more leverage is increased, the less effect it has on the distance to account stop out. e.g. I have found that increasing leverage from 500 to 1000 hardly makes any difference.
  • #136
  • Mar 15, 2010 4:50pm Mar 15, 2010 4:50pm
Hey guys-- just wanted to drop a quick line about our UK office. We're still awaiting a response from the FSA, but we're hopeful we'll be opening up doors shortly. Hang in there-- we'll let you know as soon as we're made aware of the date. We're just as anxious!
  • #137
  • Mar 15, 2010 8:35pm Mar 15, 2010 8:35pm
Quoting Abigail
Hey guys-- just wanted to drop a quick line about our UK office. We're still awaiting a response from the FSA, but we're hopeful we'll be opening up doors shortly. Hang in there-- we'll let you know as soon as we're made aware of the date. We're just as anxious!
You are well behind all the other U.S brokers who have opened an overseas office. May be I'll give your UK office a try when it opens. I just hope you don't end up chasing everybody off again with massive spreads.
  • #138
  • Mar 15, 2010 9:45pm Mar 15, 2010 9:45pm
Quoting Abigail
Hey guys-- just wanted to drop a quick line about our UK office. We're still awaiting a response from the FSA, but we're hopeful we'll be opening up doors shortly. Hang in there-- we'll let you know as soon as we're made aware of the date. We're just as anxious!
Thanks Abigail.

Thanks for keeping us posted. I sure hope it is close. I really like your brokerage and have recommended you for so long. So, I have faith that your UK office will be just as good.

Getterdone!!!

BearPaw
  • #139
  • Mar 16, 2010 1:15pm Mar 16, 2010 1:15pm
Hey guys... I wanted to help clarify our average server time to complete each trade request. We measure these in milliseconds. The clock starts when the request reaches our server and ends when the confirmation is sent.

Also- other definitions are on our transparency page... just move your mouse over ? next to each stat.
  • #140
  • Mar 16, 2010 8:29pm Mar 16, 2010 8:29pm
Hi Abigail

Hope you don't mind to review your position in IBFX?
BTW do you now have offices in Australia, Malaysia or Singapore for registration?

Thanks
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