Interbank FX Review

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Rating: 5.0/5 (4 votes cast)

IBFX - Best Forex Broker

Reviewer: Forex Trader
Website Reviewed:
Official Interbank FX Website
Type: Forex Trading Broker


»» Visit www.ibfx.com ««

It is very interesting what forex brokers can do to the currency market. Their emergence in the forex market has been able to provide especially small investors the ability to get into the market and trade alongside big movers like the big banks and other multi nationals. The global nature of the forex market allows 24 hours trading every 5 week days of the week and Interbankfx gives you the freedom to trade in that vein during the week days trading session. Interbankfx has been online since 2001 and a registered member of the Futures Commission Merchant (FCM) and the Commodity Futures Trading Commission (CFTC). With Interbank FX you would be able to trade on the currency market given the tools that is made available on its trading platform alongside the unique technological revolutionary approach for the forex market.

Start your currency trading experience on Interbankfx as they offer a library of free forex trading tools to help investors in their trading experience. You can decide to take on a demo account or live account as this forex broker offers a library of free trading tools that can assist you in your trading and analytical market research. The demo and live accout offers you a dependable technical analysis tool that can be used as a comprehensive technical analysis tool/product. One of the trading tools includes the IBFX Basics that includes a list of indicators and EA’s and can be downloaded for free. This forex broker also parades the candlestick Pattern Recognition (CPR) tool to spot out forming candle pattern on your trading charts. This software is plugged in for your trading chart and it helps monitors multiple candle patterns. The Daily Pivot Points is a great tool that is used to measure support and resistance levels for the trading session via the use of pivot points. You can check the website out for an array of other forex trading tools like the IBFX Data Reader, IBFX Instrument Monitor, IBFX MACD Traditional, IBFX Mini Monitor, IBFX Partial Close Expert Advisor, IBFX Quick Scripts, IBFX Trade Analyzer and IBFX Waves.

Furthermore, for this to be real you’ll have to go accounts section on the website and open a live forex account with InterbankFX. All you’ll need to do is select the account type; Individual Account, Joint Account and Partnership or Corporate Account. Once you select of the options you would then be directed to submit your identification which is part of the account opening procedures. Once verified you can now go ahead and deposit funds via wire transfer, cashier’s check, official bank draft or even credit card. You can have your funds processed for withdrawals within 1-2 business days.

Advantages of Interbank FX Forex Broker:

It is MetaTrader 4 broker.
They offer low spreads of 2-5 pips.
Customizable, easy to use, sophisticated charting tools.
Multi bank liquidity feed.
Leverage upto 400:1.
Nano, micro, mini & standard lots.
Automated execution.
No minimum deposit to start an account.
Free real-time streaming news. Live account holders have unlimited access to the leading FX news feed for free.

Disadvantages of Interbank FXForex Broker:

Its account opening process can be complicated and tough sometimes.
Some of the links on the site do not work and does not provide with sufficient information.

It is important that investors know that Forex brokers don’t give investors free funds, and thus mastery is a very important aspect of Forex trading. IBFX is committed to maintaining the high standards of service, allowing traders to focus on trading opportunities in the forex market, while helping them control their margin and liquidity risk along with timely and effective customer support.

Visit The Interbank FX Website

Find out more about FXPro Forex Broker and read FXCM Forex Broker Review.

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Rating: +4 (from 4 votes)
Interbank FX Review5.054
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