Home | Back to Main Broker Reviews Page |

Bookmark and Share

Compare Forex Brokers IBFX And Alpari


 Compare more forex brokers

Visit IBFX Visit Alpari


Subjective Ratings

Compare Category

IBFX

Alpari

Charting: Four and Half star Charting Rating Four and Half star Charting Rating
Execution: Four star Execution Rating Four and Half star Execution Rating
Transaction costs (spreads): Four star Transaction Costs (spreads) Rating Five star Transaction Costs (spreads) Rating
User-friendliness: Four and Half star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: Four star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Four star Platform Reliability Rating Five star Platform Reliability Rating
Customer support: Four and Half star Customer Support Rating Four star Customer Support Rating
Rollover interest rates: Three and Half star Rollover interest rates Rating Four star Rollover interest rates Rating
Withdrawal processing: Four star Withdrawal processing Rating Four star Withdrawal processing Rating
Average rating: Four and Half star Average Rating Four and Half star Average Rating

Visit IBFX Visit Alpari

Business Details

Compare Category

IBFX

Alpari

 
Registered Business Name: Interbank FX, LLC Alpari NZ Limited (New Zealand)
Broker Headquarters: Utah, USA New Zealand
Also has offices in: London, UK Many branches around Russia
Regulated By: NFA Member (0326091)
FCM registered with CFTC
FRA (Russia)
In business since year: 2001 1998
Broker Capital as of 05-2009 $36,507,727 Unknown
Client Account Segregation: No ASB Bank New Zealand
Collect Taxes on Earnings: 1099 form sent to US-based clients (and IRS) No
Prohibit clients from: Yes No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Check $0 $0 - US clients only
Discover $20 Not available
MasterCard $20 Not available
Visa $20 Not available
Wire Transfer $0 $25
MethodDeposit FeeWithdrawal Fee
Visa $0 $0
WebMoney $0 $0
WebMoney Card $0 $0
Wire Transfer $0 $10/EUR10
Main liquidity providers: Bank of America, JP Morgan, Citigroup, Goldman Sachs Barclays Capital, UBS Bank, Deutsche Bank, JP Morgan, Bank of America, and many others

Visit IBFX Visit Alpari

Trading Details

Compare Category

IBFX

Alpari

 
Browser platform: None Currenex ECN (for pro.direct accounts)
Downloadable platform: IBFX Meta Trader 4 (MT4) Alpari MetaTrader 4 (MT4)
Mobile platform: None Alpari aTrader (for Android),Alpari bTrader (for Blackberry),Alpari iTrader (for iPhone)
Phone dealing: Yes Yes
Order processing: Straight-through to multiple liquidity providers ECN on pro.direct accounts
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
50:1* No limits $1,000/$5,000,000
Mini Account 50:1* No minimum/$50,000 max $100/$500,000
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
pamm.ecn.mt4 100:1* $5,000/unlimited 300,000/10,000,000
pro.ecn.mt4 100:1* $5,000/unlimited 300,000/10,000,000
classic.ndd.mt4 100:1* $1,000/unlimited 10,000/1,000,000
pamm.mt4 100:1* $300/unlimited 1,000/unlimited
pamm.ndd.mt4 100:1* $1,000/unlimited 10,000/1,000,000
classic.ndd.zulutrade 100:1* $1,000/unlimited 10,000/100,000,000
classic.mt4 500:1* $200/unlimited 10,000/unlimited
pamm.systematic 100:1* $300/unlimited 1,000/100,000,00
micro.mt4 500:1* no limits 1,000/500,000
classic.systematic 500:1* $200/unlimited 1,000/100,000,000
classic.zulutrade 500:1* $200/unlimited 1,000/100,000,000
pro.direct (Currenex) 200:1* $20,000/unlimited 10,000/unlimited
Swap-free accounts   Yes, but some extra fees apply   $10 per standard lot (100,000) round turn trade. Trade can be held for unlimited time period.
Tradeable Instruments: 31    53   
No Dealing Desk Execution: Yes Yes
Typical spread on EUR/USD: 2 pips (0.0002) 0.5 pips (0.00005) - widens overnight Moscow time
Fixed spreads: No No
Guaranteed stop losses? Orders are executed at best available price. No
Trailing Stops: Client-side Server-side
OCO orders available: No Yes o
If/then orders available: No Yes o
Hedging capability: Yes Yes
Automated Trading: Yes Yes, on MT4
Trading Hours: IBFX is open for trading from 6 PM EST on Sunday until 4 PM EST on Friday.  
Timezone GMT GMT
Scalping allowed: Yes Yes - Currenex ECN places no restrictions on trading style.
Account currencies available: USD EUR, Gold, USD
Platform languages: Arabic, Bulgarian, Chinese, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Slovak, Spanish, Traditional Chinese, Turkish Arabic, Bulgarian, Czech, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Spanish, Traditional Chinese, Turkish
Support languages: Chinese, English, Japanese, Portuguese, Spanish Chinese, English, Russian, Spanish
Demo account: Unlimited 30 days
Live chat support: Sunday 21:00 GMT to Friday 21:00 GMT Yes - a little slow but top quality
Interest on Margin: No Yes
Promotions & tournaments: Credit/Debit cards available to US citizens (does not draw on margin account). Many free trading tools available to clients. 20% first deposit bonus. Interest paid on unused margin at 2% annual rate (alpari.premier accounts only). Free courses and educational materials.

Visit IBFX Visit Alpari


Bookmark and Share