have a no connection problem again with 1 of my accounts with interbankfx.

the one with server mini accounts 3 is ok, the one with server mini accounts has no connection almost 1hour by now.

Many connection problems (live and demo) these last few days ... like last year

FerruFx

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Ok, so I've been messing with demo account off and on for the last 2-3 years. I started a new stategy on a demo account at IBFX.com (Interbank FX) and I'm doing very well. At this point I'm thinking about going live, but I'm hesitant because I know a live account will act differently than a demo account... I just don't know how different.

I mainly trade the eur/usd. At IBFX the spread is 2 pips. However, during a volatil market, I know the spread will widen. Unfortunately it doesn't do this on a demo. I've been avoiding the news announcements on my demo even though they don't widen because I want to trade just like I would if it were a live account. This brings me to my concern...

*Lets say I enter a trade while the spread is just 2 pips. Somewhere in the middle of the trade it widens... let's say to 8 pips. What are the possible problems I would face with the spread widening from 2 pips to 8 in the middle of my trade? How could it effect my stop loss and take profit?

*Does the spread widen often on the eur/usd at ibfx?

*What other problems will I face going to a live acct vs a demo and how severe are the problems?

What I'm afraid of is that I'm doing extremely well on my demo, but if I do the same thing on a live account will it work

Any answers to my questions above would be greatly appreciated! The one I'm most concerned with is about the spread widening during a trade.

Thanks,
Doug

Ok, so I've been messing with demo account off and on for the last 2-3 years. I started a new stategy on a demo account at IBFX.com (Interbank FX) and I'm doing very well. At this point I'm thinking about going live, but I'm hesitant because I know a live account will act differently than a demo account... I just don't know how different.

I mainly trade the eur/usd. At IBFX the spread is 2 pips. However, during a volatil market, I know the spread will widen. Unfortunately it doesn't do this on a demo. I've been avoiding the news announcements on my demo even though they don't widen because I want to trade just like I would if it were a live account. This brings me to my concern...

*Lets say I enter a trade while the spread is just 2 pips. Somewhere in the middle of the trade it widens... let's say to 8 pips. What are the possible problems I would face with the spread widening from 2 pips to 8 in the middle of my trade? How could it effect my stop loss and take profit?

*Does the spread widen often on the eur/usd at ibfx?

*What other problems will I face going to a live acct vs a demo and how severe are the problems?

What I'm afraid of is that I'm doing extremely well on my demo, but if I do the same thing on a live account will it work

Any answers to my questions above would be greatly appreciated! The one I'm most concerned with is about the spread widening during a trade.

Thanks,
Doug

The widen spread in the middle of your trade may hit your targets if they are too close. Be aware that this happen not only at news releases!!!

You said that you are doing well on demo and you want then go live. Keep in mind that the most important factor to take in consideration is that on LIVE you will have some "emotion" which you surely didn't have on demo.

FerruFx

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THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!!
Coding services: Experts Advisors, indicators, alerts, etc ... more info by PM
NEW: video presentation of the Probability Meter ... 24hrs action on the website

I didn't read through all the posts, but I used to work for IBFX. STAY AWAY! I can't be any clearer than that...

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it's 4 am central time. i'm tired and sleepy and in no mood for the most unpleasant experience i just had. i am trading the gbp/usd with a kind of ratio hedge that may have both sell and buy positions open. say the market is going up against my sells, but the longs are profiting. i have set stop losses on the sells and corresponding take profits on the buys so that all trades should close simultaneously. this morning, i had sell positions with stops at 1.9802 and buys with take profit at 1.9798. on the 8:00 bar on my ibfx platform, my stops were activated, though the high of the bar was only 1.9795. my buys were left open. i immediately contacted live support and was told that there was a news announcement at 8:45 that changed the spread rate and forced my stops. it must have been a short-lived influence because i went back to the platform and observed the usual 4 pip spread for the pair.

this raises several questions for me. although my buy positions recovered and i did get into profit, that was this time. what might happen next time? my paranoia considers whether this is some clever ruse to knock me out of positions at a loss at the virtual discretion of the broker. are there brokers who do not fluctuate the rates? or at least don't fluctuate with every minor news bit? any help is appreciated.

has anyone done business with fxpro? they took over north finance accounts. i had an account with nf and one with fxpro, so ended up with two at fxpro, but have not been trading them. just with ibfx. does anyone know if they fluctuate the spread rates frequently or at all?

I tried IBFX demo for 1 year its alway give commom error or connection error in plaform. Spread always widen when news occur. That bad for me, and I decided not to go live with them. That 1 year before ! Then I go with another broker in CYPRUS and FSA regulated, they already in bussiness 20 years and have excellent support team, spread never bigger than 3 on majors and doesn't cost me anything for deposit/withdraw. I think it could beat another brokers someday .

you know how it is. work, research, and find something that looks promising. then, two consecutive nights the pip spread has widened so dramatically that my method may end up useless. transcript:

You are now chatting with 'Client Services 10'
Client Services 10: Hello, this is Matt. How may I help you?
you: matt, we were looking at transaction 27604455, ********, account ********.
you: short 1 gbp/usd at 1.9853 from 6:46.
you: had a twenty pip trail.
you: shows me being stopped out at 8:29 at 1.9841.
you: but, i don't understand unless your pip spread widened about ten pips for some reason.
Client Services 10: sure, let me look that up
you: thanks
Client Services 10: I see that order, a sl at 1.9841 for a profit of $12.00
you: correct.
you: the 8:29 one-minute bar traded to a high of 1.9831.
you: like i say, unless your pip spread had widened to about 10, i'm not sure how i was taken out.
you: then, the 8:30 bar low is 1.9800, followed by a quick retrace which seems i should have been taken out about 1.9820.
Client Services 10: I see that, let me check on the pip spread for that currency pair for that minute
Client Services 10: thank you for your patience, one moment please
you: np, ty
Client Services 10: thanks for waiting
Client Services 10: yes, I was able to verify that the spread on that pair was 12 pips at that time
you: if you don't mind, continue my education just a moment. is it routine for the spread to widen that much every night? i thought it was only news events that drove the spread widening?
Client Services 10: evidently a news announment affected it
Client Services 10: "Current Account"
you: thanks for your help.
Client Services 10: is what they call it
Client Services 10: there's not really a way to predict the spread
Client Services 10: it tototally depends on the market volatility
Client Services 10: however, a helpful site could be this one
Client Services 10: Forex Forum, Forex Calendar, Forex News @ Forex Factory
Client Services 10: I like it becasue it's color coded

In summary, my 20 pip stop was abbreviated by ibfx widening their pip spread from 4 to 12. it does appear that this can be done at will and is an excellent way to run stops. Looking into EFX and FxPro. Still open to suggestions.

gosh, i hope this can be helpful to some of you. i may have been hasty in suggesting ibfx could effectively run stops by widening the spread at will. looking at an events calendar, i see that a report was scheduled for release at 3:30 am central time which was expected to have high impact on the gbp. of course, that was exactly when ibfx widened their spread from 4 to 12 and knocked me out of a good trade. i don't have to like the fact that they widen spreads in multiples, but i understand the reasoning. perhaps i can watch the calendar and give my stops more breathing room when these announcements are expected.