LOL Nice catch.... In otherwords, the casinos (I mean brokers) can still adjust the odds to be in their favor.

MT4 favorite Brokers - as low as 1 Pip spreads

IBFX has gone down hill ever since they lost FXLQ. Trouble.......

The Joy Of Interbank

I like being able to view the market depth in MBT. Its a nice change from the bucketshop and MT4 brokers I have been working with in the past.

MBT Demo Versus Live account

Also, if you discover you have more losing trades then winners, just reverse the rules to get a profitable system : )

Daily hi/low fib trading

I think this strategy could be very easily backtested using historical ohlc data in Excel. Have you done that? I can run some tests for you but we would have to build in some big assumptions like the profit target was hit BEFORE it was stopped out, ...

Daily hi/low fib trading

Thanks for this post. I spent a sleepless night last night thinking the same thoughts of you. The whole grid, martingale, etc. EAs are interesting but I have yet to see one be profitable to the point of getting me excited (and I have been watching ...

Boomerangs Martingales and Grids

There used to be a time about 10 months ago when most brokers would not widen spreads as much as they do now. (of course we are talking about bucketshop brokers) I think its crazy to have any pending orders withing 50 pips of the current price near ...

I'm done with FXDD

Thanks for the update. I should clarify that this was probably 3 minutes AFTER a news report when I could not close my order. With 5-10 big news reports EVERY week, its bound to really affect non-news traders also who are not able to make any trades ...

FXCM MetaTrader 4 Launch Update

InterbankFX "officially" does not allow scalping (trades under 3 minutes). This was posted in their forum (before it was closed) and by their reps. Now, unofficially, if you trade small enough lots (under $500,000) and dont win 100% of the time, I ...

Oanda vs. Interbankfx for Scalping

I currently use 4 different brokers to trade around news times. I can vouch that FXCM is the WORST of the ones I use. Lots of freezing and not being able to close or open positions. Nothing more scary that watching your account balance drop and not ...

FXCM MetaTrader 4 Launch Update

Ever since they lost their main liquidity provider, I have noticed this crap too. Plus, there is speculation they are using the MT4 plugin which delays orders, etc.

IBFX SUPER Slow Execution past week..

check out WT4 and AlchoahFX They use MT4 charts for other markets. I would not trade futures or equities with them though for many reasons, especially their high transaction costs.

MT4 brokers providing more then forex?

May I ask why you are looking at risky US spot forex brokers if you have a lot of money? As soon as you deposit money in any broker who only offers spot forex I would say your money is at risk. I would look at trading forex futures instead or some ...

Is Interbank FX still safe

Glad to hear I am not the only one. I doubt we will get the truth, but, something happened to order execution starting around the second week in February.

Interbank FX Provides Access to Multiple Bank Liquidity Partners

I am almost convinced IBFX uses this. I have noticed a delay and different error message at news times over the past 2-3 weeks. I have been trading news on their platform for 2 years now and something BIG has changed with them very recently. It must ...

MT4 Brokers' Virtual Dealer Plug-In

Thank you very much. However, this type of trading has been posted here for several years. In fact, there are many EAs and scripts that do this. The problem is: -Broker spread widening before news (82 pip spread on GBPUSD on IBFX last week) -Quick ...

News Trading With Expart Script

Anyone else notice orders at news time get "Invalid Price" or "Off Quotes" errors now? In the past, you were usually filled, filled and slipped, or re-quoted. We now have this other errors showing all the time. I wonder if they are now using that ...

Interbank FX Provides Access to Multiple Bank Liquidity Partners

You know, if this was the first "questionable" situation that IBFX has gotten themselves into, I would surely give them the benefit of the doubt and still have trust in them as an "honest" broker. However, I have been with them for several years and ...

Interbank FX Provides Access to Multiple Bank Liquidity Partners

Recently, I have started to hear many complaints about MB trading. Specifically, take profit orders being slipped many pips against the trader. Have you noticed any recent problems with MB?

FXLQ Shut down temporarily by NFA

Its nice to have you back! I only started to notice the IBFX differences over the past 2-3 weeks so I think something happend around that time. I also notice a lot of "Off Quotes" errors which I have never seen in my many years as an IBFX customer ...

Interbank FX Provides Access to Multiple Bank Liquidity Partners