Question to INTERBANKFX real traders

[Oyster]

Hello Traders!

I am seriously considering opening a real account with IBFX. I trade cable only. My question is about spreads widening during news. Is that a common practice on IBFX? If it does happen how often how much the spread can rise? I used to trade with Oa but since their started to wide spread ridicously - 15-20 pips (!) I am d to move my business elswhere. I am not scalping or news trading but those spreads can affect badly the performance of my system.
Any comments about IBFX real account traders are appreciated.
Also if you have any experience with other MT4 based brokers you consider worth recomendation please advise.

Thank you have a nice sunday a profitable week!

Oystercatcher

[maumax]

sometimes higher I went to FXDD after interbankfx charged me 24 pips on a spread

[Oyster]

what are your experiences with FXDD mau? I also take them into consideration...

[maumax]

I have no complaints with them they will raise the spread by 1 pip during news not a big deal.

[Soul-Trader2004]

ibfx are crap stophunting is common practice as is price shading

[Birtha]

If your really looking for a good MT4 broker check out SGFS option http://www.strategybuilderfx.com/index.php?page=SGFS over SBFX they have set 3-4 pip spreads that don’t move anywhere even during news I have yet to find another that comes close. You can also demo by fallowing these instructions http://www.strategybuilderfx.com/sho...929#post172929 .

Note: these fixed spreads are only available thru SBFX MT4/SGFS if you go directly to SGFS you’ll get much wider 6-8 pips.

[lamode]

Originally Posted by Soul-Trader2004

ibfx are crap stophunting is common practice as is price shading

then who is the good one(s) other than oa?

[FXGenius]

I trade with IBFX for about 2 yrs now am quite satisfied with all aspects of them being my broker.

no they don't hunt stops but they definitely widen spreads during high volatility news periods which is common to all brokers because backend banks do the same.