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Interbank FX, LLC

Average Customer Rating: (based on 16 reviews)

(3.0 stars vs. 3.3 category average)

Your Rating: (write review)

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Recommendations by Profile:

Casual Trader
2 of 2 		100%
Intermediate Trader
3 of 9 		33%
Expert Trader
4 of 5 		80%
All Traders 9 of 16 56%

Recommendations by Usage Length:

A month or less
1 of 1 		100%
1 - 3 months
3 of 4 		75%
3 - 6 months
1 of 2 		50%
6+ months
4 of 9 		44%
All Traders 9 of 16 56%

Characteristics:

Pros:
Low spreads, Easy-to-use platform, Good customer support, Solid trading platform, Good transaction reporting, Web-based platform
Cons:
Wide spreads, Unstable platform

Description:

Forex Trading Firm

Single Review: (view all 16 reviews)

Pippy
Pippy

Expert Trader

I Would Not Use IBFX

3/23/2009

18 of 18 customers found this helpful (100%)

Pros:
None
Cons:
None
Bottom Line:
No, I would not recommend this to a friend
Quote:
I'm not a big fan of broker bashing, but my complaints are legit. After several "bad ticks" and other issues, I pulled my funds. My biggest problem was their lack of explaination when something would happen. I frequently had limit orders that would not fill and/or really bad slippage on stops. I saw the GJ spread at 37 pips once! ouch! Conclusion: I love MT4, but not with this broker...

-Pippy
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