www.ibcfx.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.ibcfx.com.
I requested my data from www.ibcfx.com under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Multiple order types|Full transparency
Cons: Account statements could be more detailed|Minor UI glitches occasionally
My withdrawal request from www.ibcfx.com has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Regular platform improvements|Reliable uptime|Segregated accounts|Intuitive for beginners
Cons: Account statements could be more detailed|Wish they had more educational resources
I gave www.ibcfx.com a fair chance. After for over three years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Easy withdrawals|Full transparency
Cons: Charting tools need more indicators|Research section could be deeper
www.ibcfx.com seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Detailed reporting|Social trading features|Educational resources|Risk management tools
Cons: Could offer more webinars|Currency conversion fee exists