Wednesday

InterActive Brokers.com Review

One of the best brokers in Forex Market is InterActive Brokers.com and which also has been under attack by FPA, for one of its bad reviews is that reviewed by Jet from USA:

"I have had very bad experience with them. Horrible customer service.

During the application process they ask what markets I have had most experience with. I checked forex.

They opened an account for me, but allowed me to only trade bonds or go long on stocks.

I called them to ask them let me trade forex and/or let me short stocks (we are in a bear market atm and I can't even short !!!).

They said my income is too low so they refuse to change the permissions on my account. So basically, I want to give them money and they don't want to take it from me. Really dumb on their part..."
On the other hand, good reviews can be found everywhere like that done by Trade888:
"Been with IB for years. Execution is instantaneous. Can place limit orders within the spread. Very advanced API and many vendors to choose from. The front end I use will place stop and TP orders upon execution of an order. It will also place staddles and bracket fade orders. One click to modify orders on a DOM. Hotkeys. One of the largest brokers (for safety). Can also trade everything at one broker in one account; futures, spot, stocks, bonds, options, international securities. Spreads are small, execution flawless."

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