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Interbank FX

  • #21
  • Nov 16, 2005 5:39pm Nov 16, 2005 5:39pm
Thx for checking out the standard with fractional order playmaker
  • #22
  • Nov 16, 2005 10:14pm Nov 16, 2005 10:14pm
On another forum--I think it was ET--there was some grumbling about a big price spike with Interbank that apparently cost some people money. I don't know if it's true, just remembered because I was looking at them at the time.

Thru
  • #23
  • Jan 6, 2006 11:06am Jan 6, 2006 11:06am
Hello everyone.

How was Interbank FX today?

Oanda was messed up, for me anyway, and quite a few others I hear.

Any feedback from Interbank FX account holders would be appreciated.
  • #24
  • Jan 6, 2006 11:28am Jan 6, 2006 11:28am
Quoting Insider
Hello everyone.

How was Interbank FX today?

Oanda was messed up, for me anyway, and quite a few others I hear.

Any feedback from Interbank FX account holders would be appreciated.
Well they had wide spreads (10 pips) for about 30 min., especially eurusd, during NFP relaease and the crazyness that followed. Other than that, no problems.

Not sure if everone knows, but InterbankFX has flexible lot size. Example: you can enter 0.01 for lot size, which would be 100 base currency. Or, 0.10 for 1000 of base currency. Good when you want to test your system with real money, but don't want to risk a lot of $$$. A 0.01 lot size would be 1 cent per pip.

JohnFX
  • #25
  • Jan 6, 2006 12:06pm Jan 6, 2006 12:06pm
Thanks John, that is much apprectiated feedback.

I don't mind the large spreads on a crazy day, especially when compared to a frozen paltform. In that case I prefer a little slippage.

Do you have any info on the security of customer funds issue?

I spoke with one of the reps over there today and they told me that customer accounts are seperate from the brokerage, and held separetely by Bank of the West and secured up to 250,000.

Any more info?

Thanks
  • #26
  • Jan 6, 2006 12:57pm Jan 6, 2006 12:57pm
Quoting JohnFX
Well they had wide spreads (10 pips) for about 30 min., especially eurusd, during NFP relaease and the crazyness that followed. Other than that, no problems.

Not sure if everone knows, but InterbankFX has flexible lot size. Example: you can enter 0.01 for lot size, which would be 100 base currency. Or, 0.10 for 1000 of base currency. Good when you want to test your system with real money, but don't want to risk a lot of $$$. A 0.01 lot size would be 1 cent per pip.

JohnFX


I guess I should have read some of the previous posts inthis thread. I just noticed that the flexible lot sizes has already been mentioned.

JohnFX
  • #27
  • Jan 6, 2006 1:01pm Jan 6, 2006 1:01pm
Quoting Insider
Thanks John, that is much apprectiated feedback.

I don't mind the large spreads on a crazy day, especially when compared to a frozen paltform. In that case I prefer a little slippage.

Do you have any info on the security of customer funds issue?

I spoke with one of the reps over there today and they told me that customer accounts are seperate from the brokerage, and held separetely by Bank of the West and secured up to 250,000.

Any more info?

Thanks
Thanks for posting that. I haven't really talked to them regarding funds security. I've been with them a bit over 3 months now.

JohnFX
  • #28
  • Jan 6, 2006 2:45pm Jan 6, 2006 2:45pm
I have been following this thread as well and wondering if any of the bugs have been fixed in their platform.


Anyone done any withdraws as well?
- SAFE TRADING MONEY DUCK
  • #29
  • Last Post: Jan 8, 2006 4:32am Jan 8, 2006 4:32am
IBFX customers:
how is order execution with IBFX? you get many market orders rejected? or much slippage?
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