- Traders around the world vote Interbank FX as the top retail FX trader for its ability to reach and retain traders -
SALT LAKE CITY, May 18, 2009- In a year-long study to determine worldwide off-exchange retail foreign currency (or Forex) broker preferences, Forex Datasource has acknowledged Interbank FX as winner of the FOREXDS Trader’s Choice Award. The award is based on votes Forex traders worldwide.
“We’re honored to receive this award and to be recognized by so many Forex traders throughout the world as the best platform for Forex trading,” said Todd B. Crosland, president & CEO of Interbank FX. “Of all of the recognitions Interbank FX has received it’s especially gratifying to be recognized by our customers for the work we do.”
Forex Datasource is a market research and information portal serving the retail Forex industry. Over a year long period, the firm polled more than 1,000 traders from more than 80 countries asking them to rank brokers using a numeric scale from 1-10 with ”10” being the highest rating and “1” the lowest.
Using the same grading system, poll participants were asked how likely they were to refer a broker to others based on experiences in various categories, including best platform and best customer services. The length of the survey and number of real FX traders sampled makes this award one of the most authoritative in the Forex industry.
The study includes two categories, FX Global Brokers and FX Regional Brokers. In the FX Global category, Interbank FX secured the top ranking in all seven categories, including Best Overall, Best Platform, Best Funding Department, Best Accounts Department and Best Customer Service. In the Regional FX Broker category, Interbank FX was named one of twelve Continental Leaders for achieving a top three ranking in at least one continent. Interbank FX achieved a top three ranking in three separate continents, Asia, Europe and the Americas.
“The survey results were very enlightening and will provide Forex brokers and traders around the world with data that will help streamline the industry and improve the way we trade,” said Javier Paz at Forex Datasource. “Clearly Interbank FX is ahead of other brokers in terms of the services that they provide and other brokers will be well served to learn from and follow their example.”
For more information about Interbank FX, please visit the company’s Web site at www.ibfx.com. A complete listing of Forex brokers included in the survey, including the award results is available on the Forex Datasource Web site at www.forexdatasource.com.
About Interbank FX
Headquartered in Salt Lake City, UT, Interbank FX, LLC (IBFX) is a provider of online Forex trading services, offering individual traders, money managers and institutional customers proprietary technology, tools and education to trade spot foreign currency online.
Unlike other off-exchange retail foreign currency brokers, IBFX has distinguished itself among industry leaders with its unique multi bank liquidity feed, proprietary tools and services, and remarkable focus on customer care. This has led to longer term relationships and to numerous awards and industry accolades, including Best Online FX Provider, Best Foreign Exchange Broker, Best Chairman, Ernst and Young Entrepreneur of the Year, and Inc 500.
IBFX serves more than 35,000 clients from more than 150 countries around the world and has supported a trading volume in excess of US$80 billion in a single month. The company is regulated as a member of the National Futures Association and is also registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. Trading in the off-exchange retail foreign currency market is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. With all major news releases, there is the possibility of significant price volatility. IBFX is not liable for any loss or damage, including without limitation any loss of profit, which may arise from the use of Dow Jones FX Select or reliance on such information.
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