InterbankFX While not as large as Oanda or FXCM, is nevertheless a very solid American online forex broker that has steadily gained popularity among Malaysian forex trading enthusiasts. InterbankFX main strength is its customer service which has been reported by customers as excellent. They are a futures and commodities broker that have specialized in the forex market since 2001.
For the year 2009, InterbankFX was awarded the best mobile forex trading platform award by World Finance magazine. InterbankFX has more than 25,000 customers worldwide in some 135 countries. Other prestigious accolades include the Ernst and Young Entrepreneur of the year award.
InterbankFX platform has always been Metatrader primarily as it is highly customizable and is quite frankly the most popular, well-known forex trading platform in the world today.
Metatrader is preferred over most other platforms by most forex traders in Malaysia including members of the Forextrading.my staff. InterbankFX has trading accounts suitable to almost any type of trader that ranges from nano accounts to regular accounts. In terms of leverage InterbankFX offers 400:1, which is huge. They cater to a large global audience with 17 possible languages through their website. However, InterbankFX does not offer a large amount of currency pairs to trade however and their spreads are not as low as FXCM.
InterbankFX is regulated and registered with the Futures Commission Merchant and the CFTC. Unfortunately at this moment InterbankFX only offers USD as a base account currency. One added bonus not found in most of the top internet forex brokers in the addition of a Platinum Debit Card and Platinum Rewards Card. The Platinum debit card from InterbankFX allows its customers to withdraw funds from their accounts where Visa is accepted. The Platinum Rewards card in turn awards users with points from purchases that can be redeemed at hotels or as merchandise.
Forextrading.my wouldn't rank InterbankFX as the best forex broker online but they're certainly stout and popular (Easy Forex) enough to warrant an article in our website.
