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Screenshot of a breaking news alert e-mail from Q2 2017
US Forex broker IBFX has updated its website, which now shows a brief message in which the company bids goodbye to clients.
The announcement from IBFX Inc comes after earlier this month a similar message got published on the website of IBFX Australia.
In February this year, OANDA announced the acquisition of the FX accounts of IBFX Inc (TradeStation Forex).
Meanwhile, the National Futures Association (NFA) website shows that IBFX is on “withdrawal hold”. Earlier this month, the NFA ordered IBFX Inc to permanently withdraw from membership and from acting as a principal of an NFA Member. The broker was also ordered by the U.S. Commodity Futures Trading Commission (CFTC) to pay a $1 million civil monetary penalty over capital requirements violations.
IBFX,Inc. (IBFX) has recently made a business decision to no longer operate as a forex broker dealer.
It has been a pleasure serving you as your forex broker and we wish you well. If you have any questions about this notice please contact our Client Services team via the phone at 1.800.822.0512, or if you are calling from outside of the United States at 1.954.652.7900.
You may also contact IBFX by email at [email protected]
The IBFX Team