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  #11 (permalink)  
Old 12-20-2008, 04:46 AM
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Quote:
Originally Posted by rubitz View Post
This is a timely update of ibfx - I've been trading with them for about eight months now, and everything was great, while I was loosing! But once I began to make a little dough, it's like someone flipped a switch or something - all the sudden I get repeated off-quotes, requotes & trade context is busy. Last week I had four positions open that began to move against me and what do you know - repeated off-quotes, requotes & trade context is busy! Imagine that. Its like someone pulled the plug or something. I lost about a grand that week, thanks ibfx.
I totally agrees with you. Though I did not lose money yet, but recently, many of my orders with rejected due to "off-quotes". I am using an EA and it is making money for me till recently it seems difficult to get my orders through. I will be closing my IBfx account soon, and am looking for a more reliable and honest broker that don't gain from your losses.

To those thinking about opening account with IBfx, think again. They work wonders when you lose money but when you start to make money, you get off quotes and (in my case) the spread starts widening.
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  #12 (permalink)  
Old 12-20-2008, 07:48 AM
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Quote:
Originally Posted by TA Fan View Post
I totally agrees with you. Though I did not lose money yet, but recently, many of my orders with rejected due to "off-quotes". I am using an EA and it is making money for me till recently it seems difficult to get my orders through. I will be closing my IBfx account soon, and am looking for a more reliable and honest broker that don't gain from your losses.

To those thinking about opening account with IBfx, think again. They work wonders when you lose money but when you start to make money, you get off quotes and (in my case) the spread starts widening.
Yes there is problem with IBFX, What they are doing is, when price is stable, and you send market order, they immediatly move quote and give you re-quote, that clearly show they enable "Suck Client" option in there server.
t's not only IBFX all broker are same and doing same things against client's, Quote delay/ Re-Quote/ spread widening/ server frezz...
Fix spread broker use -Re-quotes technique to suck client
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  #13 (permalink)  
Old 12-20-2008, 09:11 AM
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hi

IBFX is not SCAM , that's broker regulated with NFA , widen spread is not scam ,you should choose the right time when to trade , first you can complain it to IBFX CS

===================
Forex Indicators Collection
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  #14 (permalink)  
Old 04-03-2009, 03:48 PM
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IBFX - Trade Server Manipulation

I can relate to what's been posted here. I have a case pending against IBFX and will post progress at a future time. The long and short of it, caught them red handed making changes to my connected trade server. Can't disclose how I caught them but in time will post my experience.

I realize not everyone who trades is a computer scientist like myself; however, do your homework before you put your hard earned money on the table. Do the research to make sure you understand every aspect of the trade execution and then and only then pull the trigger; because you can bet your bottom dollar the Broker is doing the same. Do you really think they are impartial? Think again. However, understand that this gives YOU the advantage if you sit and think about it. Now that you know manipulation is accounting for your loss, wait for it and exploit it.

Good Trading.
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  #15 (permalink)  
Old 04-29-2009, 10:02 AM
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Quote:
Originally Posted by thejasper View Post
I can relate to what's been posted here. I have a case pending against IBFX and will post progress at a future time. The long and short of it, caught them red handed making changes to my connected trade server. Can't disclose how I caught them but in time will post my experience.

I realize not everyone who trades is a computer scientist like myself; however, do your homework before you put your hard earned money on the table. Do the research to make sure you understand every aspect of the trade execution and then and only then pull the trigger; because you can bet your bottom dollar the Broker is doing the same. Do you really think they are impartial? Think again. However, understand that this gives YOU the advantage if you sit and think about it. Now that you know manipulation is accounting for your loss, wait for it and exploit it.

Good Trading.
I recently opened an account with Swissfxbroker.com under the premise they had an ECN feed and, I assumed, that would translate to good prices and execution. As I type this, I have an open position that I have been trying to close for 20 MINUTES! The reason cited is Offquotes. Luckily, the trade hasn't gone against me. Is there a genuine reason for these offquotes or is this a case of dirty tactics? It is currently 9:50GMT so there should be plenty of liquidity - besides, I am only trading one minilot on the GBPJPY!
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  #16 (permalink)  
Old 05-01-2009, 03:45 PM
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IBFX is really a very good example of a regulated fraud broker... even some of the unregulated brokers out there can give us more confidence.
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  #17 (permalink)  
Old 05-05-2009, 11:59 AM
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Quote:
Originally Posted by ppc123 View Post
IBFX is really a very good example of a regulated fraud broker... even some of the unregulated brokers out there can give us more confidence.
Do u be IBFX broker?

i have apply it , but it proccess is very tough, and the condition is higher than other brokerage ..

i don't agree with what u say and the first floor writer~ ~

i have an IBFX LIVE Account for 3 month , up to now , it stable, no re-quote at journal at all~ ~
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  #18 (permalink)  
Old 05-05-2009, 01:14 PM
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There is no honest broker,they are all fighting to take away our money.
Don't put limit orders,close your trades manually or by phone.If you start to make money every broker will chase your stops and will try not to fill your limit (profit take) orders.Pinpoint your entries,go to lowest time frame and try to fck them.
I trade long time,changed couple of brokers and banks and i have see plenty of those situations,requoting,freezing the platform,chasing stops,not filling limit orders.
They are also doing those things with indicies,cfd's,every OTC (over the counter) trades where they can quote almost what ever they want.
Scalp them to death on range days and kill them when market moves in trend.
You have to learn how your broker operates,it takes time but when you learn how to understand your brokers wild quoting you can take big advantage of that.And always use separate charting software,or at least separate prices to be able to compare.
But as we are humans,we will make mistakes and those mistakes will cost us and that is why only small number of traders makes money.EA-s are great but i don't think they can work on live account good like on demos...
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  #19 (permalink)  
Old 08-14-2009, 07:35 AM
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broker manipulation

This may be a bit off topic as far as existing thread goes, but I was wondering if anyone knows of some device or program that will record all activity on the mt4 platform, similar to a vcr.I am being traded against, and it is absolutley gross manipulation done mostly on market entries and if I could record enough of it, I might be able to prove a pattern over time.Every broker I have used, irregardless of demo or live, has traded against me in this fashion, I no doubt sound crazy but it is happening and I have had it and need to document it.
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  #20 (permalink)  
Old 08-15-2009, 12:46 AM
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This is a pretty serious accusation. I am not that surprised. IBFX's spread is crazy on majors as well as crosses. The spread changes too much. They are suppose to have fixed spread during normal market conditions. The market conditions have been normal for half a year now but their spreads are still huge too often. IBFX used to be good before the market cash. Once some liquidity providers and banks went down, IBFX went down with them.

I recommend people to close their accounts with IBFX and open several accounts with different brokers. FXDD's spreads are usually very good for a fixed spread broker. Register through cashbackforex and you'll get 0.7 pips back on every trade you make. That essentially makes your spread 1.3 on the EUR. I have seen the EUR spread at 1 pip but almost never above 2.

Besides FXDD look for a few more brokers to spread your money around rather than have all your money with one broker. Also, if market goes crazy like it did last year and you want to trade you want to make sure you don't rely on only one broker.


Quote:
Originally Posted by thejasper View Post
I can relate to what's been posted here. I have a case pending against IBFX and will post progress at a future time. The long and short of it, caught them red handed making changes to my connected trade server. Can't disclose how I caught them but in time will post my experience.

I realize not everyone who trades is a computer scientist like myself; however, do your homework before you put your hard earned money on the table. Do the research to make sure you understand every aspect of the trade execution and then and only then pull the trigger; because you can bet your bottom dollar the Broker is doing the same. Do you really think they are impartial? Think again. However, understand that this gives YOU the advantage if you sit and think about it. Now that you know manipulation is accounting for your loss, wait for it and exploit it.

Good Trading.
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