Quote from sage investment:
ibtrade is one of many victims of PFGBest ponzi scheme. at least the investors are getting their money back albeit slowly like MFGlobal's clients.
they now have a nice coming soon page, www.ibtrade.com.
In the case of PFG, there is not enough money found for customers to get back more than 50%.
The WSJ today says PFG customers cannot expect to get back most of their money, unlike MFG.
ibtrade looks to me to just be one of the many others white-labelling the PFG panel of money managers. Now they have to find some other stable of money managers. These introducing brokers in general are just a marketing exercise.
Is that your company?