Gandalf Review of:

http://www.earnforex.com/forex-brokers/InterbankFX

1

Ben-Noble from USA says:

"IBFX DOING IT BIG! WHATEVER!

I would like to know who's making money if the majority of brokers appear to be shooting at the stop.

Which brokers are allowing you to trade w/o all the interference?

It's dangerous, but when I realized I was being cheated, I cheated. Due to the stop hunt [which I've experienced in the pass] I refuse to add stops to my trades and it works for me. Nevertheless, I would prefer to trade with integrity driven brokers/companies"

Advice from Gandalf The FX:

When you trade with a dealing desk firm, you will experience those exact issues (i.e stop hunting). Because they're managing their own risk, they will move the pricing in the direction that best suites their needs. Additionally, a dealer will 'Profile' you and estimate your risk to their book....

The best way to conceal your trading strategy, is to use an STP firm. When a broker processes orders 'Straight Through' to their liquidity providers, it ads an additional layer of concealment. As such, the LP cannot say for certain how much risk YOU personally will take, because the orders going through are all under the same STP umbrella....

Keep in mind, that the downside of an STP firm is that your orders are not 'Instant Execution', but 'Market Execution'.....this usually effects scalpers and robot traders the most.

Gandalf The FX