Salt Lake City, July 20, 2009 — Interbank FX (IBFX.com), a worldwide provider of online foreign currency (Forex/FX) trading, announced today a solution for NFA Compliance Rule 2-43 affecting all NFA regulated Forex brokers.

Using our proprietary backoffice solutions, Interbank FX will allow our Meta Trader 4 platform to remain 100 percent compliant, while retaining order functionality and flexibility for customers trading. The MT4 platform will continue to function as our customers have experienced over the last several years. This includes the ability for customers to use fully functional Expert Advisors, Stops Losses, Take Profits, Trailing Stops and Limit Orders without making any needed adjustments.

"Certain US competitors have decided that their solution to the new FIFO rules are to move their customers overseas, rather than being compliant," said Todd Crosland, Chairman and President of Interbank FX. "At Interbank FX, we have embraced the NFA's efforts to help protect customers and provide a seamless solution without any changes to their current trading strategies."

The only modification for customers will be their daily and monthly account statements, coming directly from the proprietary Interbank FX backoffice system using NFA FIFO offsetting procedures. The FIFO rule takes effect beginning July 31/August 1, 2009.
Frequently Asked Questions
Q     Does FIFO apply to all of my trades?
A     First in / First out applies ONLY to trades of the same currency pair and position size.
 
Q     Will my Expert Advisor still work?
A     All of your Expert Advisors will continue to work with all of your pre-programmed stops, limits and trailing stops.
 
Q     Will I still be able to use Stops and Limits, Trailing Stops and Take Profits?
A     Absolutely - With the IBFX solution, you won't have to make any changes from the way that you are currently using MetaTrader4. No need to make any adjustments to Stops and Limits, Trailing Stops or Take Profits in your MetaTrader 4 platform. FIFO offsetting will occur for all of your trades and proper accounting will be managed by Interbank FX's proprietary back office and reporting system.
 
Q     Will I still be able to close any of my orders of the same currency pair in any order in MetaTrader4?
A     With the IBFX solution, your trade management will still be fully functional in the MetaTrader 4 platform without you having to make any changes to your current trading strategies. Interbank FX's proprietary back office and reporting system will offset your trades FIFO as required by NFA Compliance Rule 2-43.
 
Q     How will this affect my daily statements?
A     Interbank FX Official Statements will come directly from Interbank FX’s proprietary back office system using our FIFO offsetting and accounting procedures. These statements will be accessible through a client’s Web Site Login. You will still be able to pull an Unofficial Trade Journal using the Trade Journal feature within the IBFX website. You will also be able to produce Unofficial Trade Journals using MetaTrader 4 as your Trade Manager.

You will notice on the Interbank FX Official Statements that the trades have been opened and closed in a FIFO compliant manner, while this may not be the case on your Unofficial Trade Journal.
 
Q     Does this NFA rule apply to all U.S. based brokers?
A     Yes, this rule affects any broker in the U.S. that is a member of the NFA. Other brokers have attempted different approaches to this new ruling. We at Interbank FX strive to make trading in the forex market as simple as possible for our clients, all the while in full compliance with the NFA.

Interbank FX account statements are generated and accessed through your login on the IBFX Website (www.ibfx.com). As of July 31st, 2009, these account statements are an actual representation of the trading occurring in your IBFX trading account for the day or month indicated. Trades placed in your account, and shown on your account statement, have been offset First In First Out ("FIFO") as required by NFA Compliance Rule 2-43(b). What this means for you is older trades of the same size and symbol are always offset before newer trades of that size and symbol. The account statement information may differ from the data appearing in your MetaTrader4 ("MT4") platform or data appearing on any transaction record generated from your MT4 platform. MT4 may show open positions that are in fact closed or closed positions that still remain open. All information from the MT4 platform is for informational purposes only and is not representative of the FIFO offsetting occurring in your account and as required by NFA Compliance Rule 2-43(b).