MetaTrader India

Upcoming Leverage and Margin Changes

We’d like to remind every US Interbank FX LLC account holder of the upcoming leverage and margin changes. These regulations will go into effect for all Interbank FX accounts between market close on October 15th (4PM EST) and market open on October 17th (6 PM EST).

Traders whose accounts remain at “Interbank FX LLC” should be aware of how these changes may affect their accounts:

Interbank FX US accounts with leverage higher than 50:1 will be reduced to 50:1. Please be aware that this change in leverage will immediately double the amount of margin required to hold any open positions; and if there is insufficient margin in the account, a margin call liquidation will be initiated. As a general rule, traders with a margin level of 200% or less before the leverage update will be at risk of margin call liquidation.

Margin call warning and liquidation levels will update to 125% for margin call warnings (the level at which new trades cannot be placed) and 100% for margin call liquidation (up from the current levels of 100% and 50% respectively).

Also, Don’t forget to take advantage of our 10% deposit match promotion.

If you have additional questions about how this may affect on your individual trading account, please feel free to contact our customer service team, available to chat 24 hours a day, 5.5 days a week.

Source: www.ibfx.com

The 10% Deposit Match is back!

New and existing Interbank FX clients can earn a 10% deposit match on deposits over $2,000 by October 18, 2010.

Trading requirements apply

Here is a brief description of the promotion:

10% Deposit Match

• This promotion is available to all existing and new clients
• Any customer with deposits over $2,000 by October 18, 2010 will be automatically enrolled into the promotion
• Transfers between Interbank FX trade accounts do not qualify
• Clients must trade the minimum lot requirements
• Promotion ends October 18, 2010
• Other terms & conditions apply

For more details please go to  http://www.ibfx.com/Promo/TenPercentPromo.aspx

Free IBFX Demo Account
Open a Live IBFX Account

IBFX is running two promotions for the month of March 2010. The promotions include a $50 deposit for a new account and 10% deposit match. For the $50 bonus promotion, there first must be a $250 deposit made by the client before the $50 bonus will be deposited. For the 10% promotion, there is a minimum deposit amount of $2,000.

Below is an overview of each promotion:

10% Deposit Match

• This promotion is available to all existing and new clients
• Minimum Deposit amount = $2,000
• Client must have an open live trading account – click here to open a live trading account online
• Clients must register their trading account with this link: http://www.ibfx.com/Promo/10Percent.aspx?promo=ia
• Other terms & conditions apply
• Promotion ends March 31, 2010

$50 Incentive Offer

• To qualify, customers must have their live account created, approved and deposit a minimum of $250 between Monday, March 1, 2010 and Sunday, March 31, 2010
• Only available to new clients (clients who have never had a live account at IBFX)
• Click here to open new a live trading account online
• Other terms & conditions apply. For more details and to register after opening a new account go to http://www.ibfx.com/Promo/10Percent.aspx?promo=ia
• Promotion ends March 28, 2010

Free IBFX Demo Account
Open a Live IBFX Account

Trade with spreads as low as 1 PIP – Save money with Interbank FX’s low spreads.

Execute trades fast – really fast - Forex is a fast moving market, and getting in and out of trades quickly is important. Interbank FX tracks how fast trades are executing to help make sure your trades are some of the fastest.

Multi-bank liquidity - Forex does not have a central exchange, which allows for competing prices from Interbank FX’s group of global banks and institutions. This multi-bank liquidity system helps to ensure that you’ll get the best available price with the best available spread. Open a demo account to experience the difference.

100% automated & anonymous execution – Automated and anonymous order execution means there is no dealer intervention or price manipulation. With our multi-bank model your trades have complete anonymity.

Flexible contract sizes – Interbank FX’s flexible contract sizes allow our customers the ability to trade down to 0.01 of a lot: open a trade with as little as $1 in margin!

Award winning forex broker -  We don’t like to toot our own horn, so to speak, but we are proud of the awards IBFX has received:  Inc. 500, Fastest growing private companies – 2008 & 2009, Shares, Best Foreign Exchange Broker – 2007, 2008, 2009, Money AM, Best Online FX Provider – 2008 & 2009

Free advanced trading tools – We offer trading tools that we feel are accuracy inducing free to our traders because your success is a top priority for us. Professional grade tools help our traders spot trends from multiple sources and get in an out of the market when they feel the time is right.

Friendly customer support - Since our first day in business back in 2001 we’ve always aligned goals with the success of our customers. IBFX is open and available via phone, email or online chat every minute the market is open.

All EA’s welcome – Expert Advisors are an important part of some traders trading strategies. We accept all EA’s with open arms – including those that scalp.

No swap accounts – Interest-free accounts are available for those looking to trade under Sharia law. Learn more about our no-swap accounts.

Interbank FX provides free practice or demo accounts so you can trade with “play” money until you’re ready to trade for real.

IBFX Forex margin calls are significantly different than margin calls in other markets. We do not call our clients to warn them their equity has fallen to dangerously low levels. The leveraged nature of Forex trading does not allow time for a traditional margin call.

Accounts trading with 100:1 margin levels are subject to a margin call when the equity in the account is equal to or lower than 50% of the margin posted. Once this unfortunate situation occurs the Interbank FX trader 4 platform closes trades automatically. Trades are closed in order beginning with the largest loss trades are closed until the equity in the account exceeds the 50% threshold.

IBFX ‘s margin call policy is in place for the protection of our clients. Margin calls are made with the intent of preventing a client’s account from falling into a negative balance situation. Our margin call policy does not eliminate the potential risk that losses will exceed the amount of the deposit. Margin calls are merely our attempt to prevent such unfortunate situations.

The leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible for any resulting losses.

Free IBFX Demo Account
Open a Live IBFX Account

Trading in the off-exchange retail foreign currency market is one of the riskiest forms of investment available.