IBFX Broker Review


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    Visit BrokerRisk Warning: Your capital may be at risk


    πŸ’» Demo Account: Yes
    βš– Allows Hedging: Yes
    πŸ”ͺ Allows Scalping: Yes
    🏒 Headquarters: Salt Lake City, UT, USA
    πŸ“… Founded: 2001
    πŸ“ˆ Trading Platform(s): MetaTrader4, Wireless Platforms
    πŸ“œ Regulating Authority(s): NFA, CFTC, FCM
    πŸ’° Minimum Deposit: $1
    πŸ“£ Maximum Leverage: 50:1

    Visit IBFX
    Risk Warning: Your capital may be at risk

    $1
    Minimum Deposit
    50:1
    Maximum Leverage
    2001
    Founded

    Our Review of IBFX

    IBFX
    IBFX Company Overview

    IBFX is at the forefront of the fast growing, Forex industry. It is one of the fastest growing Forex brokers in the United States, and will continue to be so for many years to come. This broker provides a large multi-bank liquidity pool. It also has low spreads (The difference between the bid and the ask price of a security or asset.), and is relatively easy to access for beginners. Their website is simple and sleek. It doesn't take much to navigate and it has very useful tips and definitions to help out first time customers.

    IBFX Account Types

    IBFX has two account types. It has a standard account and a MiniAccount. They both include the basics. The only real difference between the two are the lots.

    Standard Account
    The Standard account has a maximum trade size of 50 standard lots and a minimum trade size of 0.01 standard lots. A standard lot is equivalent to 100,000 units of the currency used in a forex trade. For example, if you want to buy $100,000, then you are actually buying a standard lot with 100,000 units.

    The Standard Account also offers a 50:1 Leverage ratio. The ratio is used to calculate the leverage of a company to find out their methods of financing or to measure how it meets the financial obligations.

    It also has access to the Dow Jones Newsfeed and Professional Charting. In addition to that it has free non-expiring demo accounts, and it's a No-Swap Account.

    MiniAccount

    The MiniAccount has a maximum trade size of 500 mini lots, and a minimum of 0.01 mini lots. Mini lots are similar to standard lots. They're just 1/10 the size. So this would be used if you had less money to use on trading.

    The MiniAccount also includes all the same features as the Standard. It has the 50:1 ratio, the Newsfeed, and everything els.

    Commission and Spreads

    IBFX charges a spread on trades. This makes things remarkably simple. The spreads can vary, but are usually very right. A common spread would be approximately two pips on the USD. Sometimes the markets can widen, but this is usually when they are volatile.

    Trading Software

    IBFX used the MetaTrader 4 platform. It is one of the most popular forex trading platforms available. It's easy to use and is packed with useful charts and information. The MT4 platform offers automated trading, one-click trading, and friendly customer service.

    Customer Support

    IBFX offers email, phone, and even live chat when it comes to customer support. They are available 24 hours a day as long as the FX markets are open. The customer support is offered in several different languages, and it has won countless awards for its service.

    Awards & Promotions
    IBFX has been voted #1 in more categories than any other forex broker. They are also the winner of the Trade Execution award. (Their execution rates are well above 99%)

    IBFX is constantly adding new promotions for traders. They usually have a new one every month. For example, at one point they offered a bonus of 10% on deposits.

    Conclusion

    IBFX is a very popular and very good broker. It is the fastest growing, and the current leader of forex trading. It is extremely reliable, and has a very high execution rate. The trading software it offers is top notch and will not fail. It has excellent 24 hour customer service that has received awards for its performance. The quality of this broker is absolutely stunning.Β 


    Visit IBFX's Website

Company Information
Broker's Name
IBFX
Headquartered in
Salt Lake City, UT, USA
Year Founded
2001
Regulating Authority
NFA, CFTC, FCM
US Clients Accepted
Yes
Telephone Number
1 801 930 6800
Fax Number
212 884 0609
E-Mail Address
http://www.ibfx.com/Contact
Account Options
Type of Broker
Market Maker
Commission
Mini Account
Yes
VIP Account
No
Segregated Account
Islamic Account (Swap Free)
Yes
Demo Account
Yes
Institutional Accounts
Yes
Managed Accounts
No
Maximum Leverage
50:1
Minimum Deposit
$1
Deposit Options
Credit Card, Wire Transfer, Check
Withdrawal Options
Bankwire, IBFX Debit Card, Check
More Instruments
Metals
Oil
Gold
Indices
Stocks
Commodities
ETFs
CFDs
Trading Platform
Platform Type
MetaTrader4, Wireless Platforms
Platform Languages
OS Compatibility
Streaming News Feed
Yes
Charting Package
Yes
Trading Signals
Yes
Automated Trading
Yes
Trade From Charts
Market Commentary
E-mail Alerts
Yes
Mobile Alerts
Scalping
Yes
Hedging
Yes
Trailing Stops
Guaranteed Stop Loss
Yes
Guaranteed Limit Orders
Guaranteed Fills
Interest on Margin
One-Click Execution
OCO Orders
Mobile Trading
Yes
Web-Based Trading
Customer Service
Customer Support Languages
English Arabic Chinese
Customer Service Hours
Sunday 10:00 pm GMT - Friday 8:00 pm GMT
Place Trades Over the Phone?
Bonuses & Rewards
No Deposit Bonus
No
Bonus for First Deposit
Yes
Is the Bonus Based on the Volume of the Transaction?
Other Bonuses


English
Our Rating: 
0
No votes yet
Broker Type: 
Forex

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