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IBFX Crowned Best Online FX Provider at MoneyAM 2008 Online Finance Awards


At the half-way point of a year already marked with numerous industry accolades, Interbank FX (IBFX.com), a worldwide provider of online foreign currency (Forex/FX) trading, today announced that it achieved top ranking at the inaugural MoneyAM Online Finance Awards in the “Best Online FX Provider” category and was recognized as runner-up for “Best Active Trading Platform,” which recognized the company’s unique multi-bank order router and execution system.

All of this year’s award winners were chosen by users of MoneyAM—an online Website for its sister publication, Shares magazine, and one of the premier destinations for private investors in the UK—who voted for their favorite providers in several categories, including Best Online Futures Provider, Best Online Funds Service and Best Online US Market Trading Service. Other quality contenders at this year’s event included GFT, Saxo Bank and Interactive Brokers.

“We’re delighted to receive this honor that recognizes IBFX as a true industry leader, and thank the many users of MoneyAM for their gracious support,” said Todd Crosland, Chairman and President of Interbank FX. “The fact that these awards were voted for by actual traders who find value in our company simply strengthens our commitment to provide our customers state-of-the art trading capabilities and continual product enhancement.”

IBFX has achieved several company milestones in 2008 year-to-date, and has experienced rapid growth in customer accounts and trading volume over this time period. The company continues to distinguish itself as a leading foreign exchange trading platform, with its unique “no dealing desk”, multi-bank execution technology.

Among the many achievements that demonstrate IBFX’s continued value proposition to customers include:


• Strong Growth in Customer Accounts: Current customer base in excess of 26,000 active accounts in 140 countries around the globe.


• Record Trading Volumes: Notional one-day trading volume of more than $11 billion on June 30, 2008 represents the highest daily trading volume recorded in IBFX’s history of operation.


• Enhanced Revenue Growth: YTD revenues up more than 140 percent compared to same time period last year

This most recent recognition by MoneyAM follows hot on the heels of IBFX’s success at the 2008 American Business Awards—hailed as “the business world’s version of the Oscars”—where the company was recognized as a Finalist in three separate categories, including Best Chairman (Todd Crosland), Best Marketing Executive (Marilyn McDonald) and Best New Product or Service (IBFXU).

Interbank FX was also named Best Foreign Exchange Broker at the 2007 Shares Awards in London.

To learn more about IBFX or to open a free Forex practice account, visit www.IBFX.com.

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