Quote:
Originally Posted by PipCop  Killer-B, I just remembered one other thing - IBFX may not be the best brokerage for the robot. When I started the RoboMiner review, I only did it on one brokerage. Looking at the GT-Shadow reviews, it *appears* that the FXDD is performing the best (if you were to standardize the balances). Therefore, while RoboMiner is struggling along, perhaps it would perform better on FXDD, GoMarkets, or some other brokerage.
I wish I could get live users to post their results with their brokerages. That would be far more useful! |
Just got this from IBFX... No more hedging!
Dear Customers:
Interbank FX, along with all FCM's, has received information from the NFA that we wanted to pass along to our customers. All registered FCM's have received a new Compliance Rule 2-43 regarding forex trading. On May 15, 2009, forex customers will no longer be allowed open "hedged" positions in their accounts. Please see an excerpt from the new NFA rule below. If you are currently using Hedging as a trading strategy, we would encourage you to use the Interbank FX Demo accounts over the next month to help modify your trading strategy. Also, for those of you who utilize hedging strategy with your "Expert Advisors", we would encourage you modify your code and test your advisor on the Interbank FX Demo servers as well. In order to assure a smooth transition for our customers to the new NFA Compliance Rule, Interbank FX has set May 8, 2009 as the last date that customers will be able to Hedge open positions.
Interbank FX is committed to providing our customers with superb tools, real time news and analytics to help you to be a successful trader. Please do not hesitate to contact one of our customer service professionals if you have any questions.
Best regards,
Todd B. Crosland
Chairman and President
Notice to Members I-09-10 April 13, 2009 Effective Date of NFA Requirements Regarding Forex Orders
NFA has received notice that the Commodity Futures Trading Commission has approved new NFA Compliance Rule 2-43 regarding forex orders. The prohibition on carrying offsetting transactions will be effective for any positions established after May 15, 2009.
Click
here for more information.