IBFX Review

0
675

Company Overview

Established in 2001, IBFX Broker (formerly known as Interbank FX) is a member of the National Futures Trading Commission (NFA) and is an American Straight Through Process (STP) broker with headquarters in Salt Lake City, Utah. It has served 35,000 traders from more than 140 countries around the world. It has been in the money market for more than a decade and is more experienced in every aspect of the trading industry than most other forex broker companies. It is famous for its variable and low spreads and an immense multi-bank liquidity pool. Due to its transparency, it has become a trustworthy and favorable forex broker of the trading industry with no hidden agenda.

Trading Platform

IBFX offers MT4 as the gateway to the forex industry, which provides numerous essential features and is well-known for its charting. It also offers TradeStation, which allows professional traders more thorough market analysis using market scanning, chart pattern recognition, and customizable charts. TradeStation Ifx is also provided and is mostly used for institutional trading as it provides attributes like STP trading and institutional spreads.

Creating an account on IBFX is not complicated. It has two main types of accounts such as Standard and Mini. There is no minimum deposit limit for a new Standard account and a new Mini account. Spreads are variable and start from 1.8 pips, whereas the minimum lot size is 0.01 lot. The only distinct feature in both accounts is their maximum lot size, which is one lot for a Mini account and 50 lots for a Standard account. IBFX has a maximum leverage of 100:1. There is also an availability of swap, no-swap and managed accounts. Clients who are trading for the very first time with IBFX can also open a trial account to see how things work.

IBFX trading account can be created with one of the following currencies: Great Britain Sterling (GBS), United States Dollar (USD), Japanese Yen (JPY), and Euro (EUR). The payment options permitted by IBFX are credit and debit cards, wire transfer, and checks for US-based customers.

Features

  • Fast order execution system
  • No re-quotes
  • Offers demandable prices with low spreads
  • Impressive client asset security
  • Various trading platforms
  • Spreads are variable

Customer Service

Like every other well-known broker, IBFX also allows its clients to contact it through live chats, phone calls, and emails. It also provides several international numbers. Its customer support is available for twenty-four hours on working days. No doubt, its support system is exceptional since it has achieved numerous customer support awards. Furthermore, IBFX’s website and support system are available in Arabic, Chinese and English.

Conclusion

IBFX is the fastest growing and leading forex broker in the money market. It has an excellent risk management system and assures maximum protection for client’s assets. Due to some good attributes it offers like an outstanding support system, low spreads, various trading platforms to choose from including MT4, and multi-bank liquidity pool, it has become the foremost choice for traders, amateurs and professionals alike.

Office website: https://ibfx.com/

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.