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  • Report:  #1315006

Complaint Review: Interbank FX LLC

Interbank FX, LLC IBFX, Monex Group, Mr. Todd B. Crosland, Manager Losses Holladay Utah

  • Reported By:
    E. F. — Port Byron New York USA
  • Submitted:
    Mon, July 04, 2016
  • Updated:
    Mon, July 04, 2016
  • Interbank FX, LLC
    3165 Millrock Drive, #200
    Holladay, Utah
    USA
  • Phone:
    8017336910
  • Category:

Dear Ripoff Report,

Please review, process and file my complaint for your readers as follows. Interbank FX and the Monex Group didn't comply or follow all NFA and CTFC Rules and regulations during my single account trading resulting in my losses of $17,058.33.

FIFO regulations were not implemented. Their company maintained its conflict of interest by acting as the Forex Market Maker and Forex Broker. Controlling the market, they charged spread PIP's often exceeded thirty per trade.

Any additional information supporting my claims will be provided as requested. Thank you for your consideration, time and understanding.

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