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Compare Forex Brokers IBFX And AskOBid


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Subjective Ratings

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IBFX

AskOBid

Charting: Four and Half star Charting Rating Four and Half star Charting Rating
Execution: Four star Execution Rating Five star Execution Rating
Transaction costs (spreads): Four star Transaction Costs (spreads) Rating Four 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

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Business Details

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IBFX

AskOBid

 
Registered Business Name: Interbank FX, LLC O.C.M. Online Capital Markets Ltd.
Broker Headquarters: Utah, USA Limassol, Cyprus
Also has offices in: London, UK none
Regulated By: NFA Member (0326091)
FCM registered with CFTC
CySEC
In business since year: 2001 2010
Broker Capital as of 05-2009 $36,507,727 Unknown
Client Account Segregation: No Yes - funds held at Marfin Popular Bank, Cyprus
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
4B Debit
AMEX
Carta Si
Carte Bleue
Dankort Debit
Delta Debit
Diners Club
EC
eNETS
ePay.bg
EPS
Euro6000 Debit
giropay
iDEAL
JCB
Laser Debit
MasterCard/Maestro
Moneybookers
Netelis Asia
Nordea
POLi
Postepay
Przelewy24
Sofort
Solo Debit
UnionPay
Visa
Visa Electron
Westpac (WBK)
Wire Transfer
Main liquidity providers: Bank of America, JP Morgan, Citigroup, Goldman Sachs Unknown

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Trading Details

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IBFX

AskOBid

 
Browser platform: None AskOBid Trader (Tradorz)
Downloadable platform: IBFX Meta Trader 4 (MT4) AskOBid Metatrader 4 (MT4)
Mobile platform: None AskOBid Trader (Tradorz)
Phone dealing: Yes Yes
Order processing: Straight-through to multiple liquidity providers Market Maker
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:
Platinum Account 200:1* $10,001/unlimited 100,000/30,000,000 units
Silver Account 200:1* $100/$1,000 5,000/500,000 units
Gold Account 200:1* $1,001/$10,000 25,000/5,000,000 untis
Swap-free accounts   Yes, but some extra fees apply   No swap-free accounts available
Tradeable Instruments: 31    48   
No Dealing Desk Execution: Yes Depending on risk profile
Typical spread on EUR/USD: 2 pips (0.0002) 3 pips (0.0003) FIXED (depending on account type)
Fixed spreads: No Yes
Guaranteed stop losses? Orders are executed at best available price. Yes, stop loss orders are guaranteed against slippage.
Trailing Stops: Client-side Client-side
OCO orders available: No No
If/then orders available: No No
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. Sunday 21:00 PM GMT to Friday 21:00 PM GMT
Timezone GMT GMT
Scalping allowed: Yes Yes on MT4, but not on AskOBid platform (2 min. required between open & close)
Account currencies available: USD 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 English, French, German, Portuguese, Spanish, Turkish
Demo account: Unlimited 21 days
Live chat support: Sunday 21:00 GMT to Friday 21:00 GMT Yes - polite but not particularly knowledgeable
Interest on Margin: No No
Promotions & tournaments: Credit/Debit cards available to US citizens (does not draw on margin account). Many free trading tools available to clients. 10% deposit bonus on Silver Accounts, 15% on Gold, 30% on Platinum!

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