Anyone using IBFX Australia?

I am confused about the market open and close of this broker.

The market closed at 11 March 2011 21.00(broker time) and market open at 13 March 2011 22.00(broker time)

But these market open and close time are different with other time, for example:

The market closed at 4 March 2011 21.00(broker time) and market open at 6 March 2011 21.00(broker time)

The market closed at 18 March 2011 20.00(broker time)

I still have 1 more question,

In 14 March 2011 market open 1st 2 hours GBPJPY lowest price in IBFX Australia was 130.479, but in other brokers such as FxPro (129.621) and Fxopen (129.68), may I know why there are so big difference? It is up to 80pips

did you ask them

They are offline currenctly

I've been to their office in SLC, UT and checked them out behind scenes. We asked them this very same question. We never got a straight answer but they don't allow trading for a few hours after open.

Im not sure if this is their way to prevent volatility on thin market the same way Dukas goes to a 30:1 the last 3 hours of trading.

Im really not sure but they have been like this since they have been around. I would go FXCM AU or Oanda pacific before I would go with IBFX. They are all bucket shops but IBFX is closer to the bottom than even FXCM imo.

DAY LIGHT SAVINGS TIME

CAN/USA just switched to DST last 13 Mar

Down here its called Hungry Jacks.

Thank you for all of your replies

So, for iBFX Aus is really reliable broker??

There are better.

Unless you are a decent sized trader its not really going to matter.

I just downloaded a demo of IBFX

I am surprised, how much free of costs indicaters they are offering in their MT4,
like the automatic candlestickpattern recognition, as well the autochartist pattern recognition tool

anybody can share his experiences about all the tools in their MT4?

Normal forex trading hours for most retail brokers: Opening is 17:00 EST (21:00 GMT) Sunday evening and closing 17:00 EST (21:00 GMT) Friday evening.

IBFX has always close 1 hr early (16:00 EST, 20:00 GMT) and open 1 hour later than most brokers (18:00 EST, 22:00 GMT).

Over the last 2 months or so, IBFX Au (and maybe the regular IBFX US) starts the datafeed 1 hour early for internal testing, but you cannot place any trades until the designated times. Maybe one day they will open and close maybe with only 5-10 minutes broker delay.

IBFX au execution is one of the best I've seen. Their spreads were a little high, even though they lowered them recently. But not bad for STP broker, unless you scalp.

just doing a trial demo account with IBFX, Monday morning start EUR-USD price looks a bit all over the place, opening & closing times still not aligned with most other brokers in the region eg 5 PM New York EST, as mentioned in earlier posts

I believe Pepperstone recently changed due to number of customers requesting this; I will test IBFX online chat today, ask about the open prices & server times then, ya'all have a great trading week