Help please ?!

Broker Discussion Forex Brokers
1

:confused: I was all set to open my LIVE account with interbankFX withen the coming week,i traded Demo with interbankFX for 5 months till now & it was all good…but i know that when u go LIVE it will be different, and this is not the first review i read about IB & about their Violations…

Originally Posted by Al Pipo
In their Home page Interbank list the following services:
Professional Charting, No Dealing Desk, 2 pip Euro*
Standard, Mini & Micro Lots Full Hedging & Trailing Stops Real Time News.

The No Dealer Desk is a false claim and they clear through another dealer
I believe Interbank to be guilty of practicing the following:

�Re-quoting or Re-ordering� this is when the broker rejects your buy/sell order and sends you an alternate price in favor of the broker

�Stop Loss Hunting � looking for clients stop losses and manipulating prices in order to kick clients out of trades

�Lagging market prices reflected in their charting

�Increasing spreads or freezing their trading platforms during times of high volume such as just before or right after an economic announcement

�Hedging �You� � the broker actively opening a trade position against your open position (often done when the broker can�t decide what side of the trade they want to be on).

I have filed complains both with the NFA and the CFTC and I suggest that all those that have been cheated by these crooks do so also.

Their violations are flagrant and only by making then public and enough people filing complains with both of these agencies the regulators may be able to investigate.

Now i don’t know what to do… i did some searches about some other brokers ( Oanda,Forex.com,EFX ) & i wasn’t satisfied,cuz here is what i’m looking for in the Broker

  • No Dealing Desk
  • 1:200 leverage
  • MT4 platform

Oanda’s Max. Leverage is 1:50 & i DON’T like their Java FxGame platform,& about the MT4 …it’s Not really necessary ,i will be using it as a charting aid anyways by opening a demo with any broker who offers it for free :smiley:

So… PLEASE… PLEASE…PLEASE give me some help to figuer out what will i do :confused:

2

I would honestly say try Oanda or saxobank, i have been trading with both and have never had any of the problems you are discussing.

N

3

I was all set to open my LIVE account with interbankFX withen the coming week,i traded Demo with interbankFX for 5 months till now & it was all good…but i know that when u go LIVE it will be different, and this is not the first review i read about IB & about their Violations…

Do you not think you should have done this research 5 months
ago?

Also if you have not been having problems with interbankfx upto
this point on demo, ie you have a winning system, why do you think
you will have problems in live?

This is all part of the psychology involved when it is your money,
when it is not a game anymore.