When dealing in the Forex market it’s important to have access to a high level of liquidity and that’s something IBFX has strived for since its inception.
Giving users a high amount of liquidity allows them to not only trade reliably on a daily basis, but it gives IBFX the ability to keep their spreads and charges competitive.
Indeed, it’s this strong footing in the Forex market that allowed IBFX.com to win the Trade Execution Award in 2012 and earn a reputation for excellence in the industry.
IBFX.com’s Special FX:
While many sites opt to use the standard MetaTrader 4 platform, IBFX has taken steps to augment its package with a host of extra features.
Indeed, in addition to the regular benefits of MT4 – such as direct access to the FX market and chart capabilities – IBFX.com’s bolt on package gives users the ability to better analyse the market with the following features:
Validity indicator: This piece of software outlines the volatility of each currency pair and correlates this information with their pip value so a user can assess their true strength. Indeed, in order to truly assess the potential of a currency pair you have to take into account the movement of a pip and the value of a pip, this is something the validity calculator allows you to do.
Candlestick Pattern Recognition (CPR): This custom FX indicator automatically analyses candlestick patterns and gives traders a graphical representation of their movement so they can assess potential trends.
Basics Package: This set of tools gives users further analytical powers in the form of pre-determined trading systems which can be tailored to meet each person’s needs.
IBFX has a range of account options which allows a trader to ply their trade under a number of conditions:
Demo Account: This is starter account for those with no prior FX experience. Offering a virtual bankroll and access to the live market, this account allows users to step onto the currency exchange ladder without risking their own money.
Mini Account: The perfect step-up from the demo account, this option allows new traders to deal in small amounts and trade up to a maximum of 50 mini lots. Minimum trades are set at 0.01 lots and traders can access a leverage ratio of 50:1.
Standard Account: This is most popular account at IBFX, this option is used by the majority of novice and semi-professional traders. The maximum trade size on this account is 50 standard lots, and each trade has a minimum size of 0.01 lots. Competitive spreads are offered as standard and leverage on this account is 50:1.
Social trading: For those that wish to remove much of the decision making process in their FX trading activity, IBFX’s social trading account is the perfect option. Utilising the ZuluTrade platform, this option gives users the ability to follow 70,000 traders from 192 countries.
By choosing a selection of Currensee leaders on IBFX Connect, users can trade alongside, chat and mimic the activity of those more experienced than themselves.