Want lower spreads? We're delivering.
You've heard the adage - when banks compete you win. That's what we've done with our multiple global bank partnerships.
By obtaining competitive bids for order flow on our multi-bank feed, IBFX customers achieve optimal pricing and execution, faster processing times and increased liquidity on every trade, with just one click of the mouse.
Part I of our spread reduction plan:
| Pair | Old Spread* (in pips) | New Spread* (in pips) |
| AUDCAD | 8 | 7 |
| AUDJPY | 8 | 6 |
| CHFJPY | 7 | 5 |
| EURAUD | 9 | 8 |
| EURCAD | 9 | 8 |
| GBPCHF | 10 | 8 |
| GBPJPY | 8 | 7 |
Part II is in the works. We're in the process on implementing 5th decimal pricing for those customers who want it. 5th decimal pricing enables fractional pip pricing - which means even more competitive pricing on the rest of the majors.
Why Interbank FX?
The advantages of trading with Interbank FX include:
- Tighter spreads (as low as two pips)
- 100% automatic execution
- No market manipulation
- Up to 400:1 leverage
- Competitive pricing derived from leading money center banks
- Anonymous order execution
- Smart routing to leading banks
- Free Streaming Dow Jones News
Interbank FX's unique platform enables both retail and institutional customers alike to trade forex without the hidden obstacles or potential conflicts other brokers may have. Interbank FX currency prices are derived real-time from multiple price feeds from many of the world's largest financial institutions resulting in pricing that reflects the natural movements of the interbank FX market.
*Note: UPDATED spreads can be found on our most recent spreads press release
* Spreads are not fixed and will fluctuate during periods of market volatility or low liquidity.
About Interbank FX
Headquartered in Salt Lake City, UT, Interbank FX, LLC (IBFX) is a leading provider of online Forex trading services, offering individual traders, money managers and institutional customers proprietary technology, tools and education to trade spot foreign currency online.
Unlike other off-exchange retail foreign currency brokers, IBFX has distinguished itself as an industry leader with its proprietary tools and services and remarkable focus on customer care. This has led to longer term relationships and to numerous awards and industry accolades, including Best Online FX Provider, Best Foreign Exchange Broker, Best Chairman, Ernst and Young Entrepreneur of the Year, and Inc 500.
IBFX serves more than 30,000 clients from more than 140 countries around the world and has supported a trading volume in excess of US$80 billion in a single month. The company is regulated as a member of the National Futures Association and is also registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. Trading in the off-exchange retail foreign currency market is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose.