Interbank FX recognized as the 208th fastest growing company in the U.S., 8th fastest growing company within financial services sector
Salt Lake City, August 12, 2009 — For the second consecutive year, Interbank FX (IBFX.com), a provider of online off exchange retail foreign currency (Forex/FX) trading, was named to Inc. magazine's renowned Inc. 500—an annual ranking of the fastest growing privately held companies in the United States. With a three year growth rate of 987.9% and annual revenue of $62.8 Million, Interbank FX placed an impressive 208th on the coveted list and ranked as the 8th fastest growing company in the Financial Services category.
"It is an honor to be recognized once again for such a prestigious award among such an elite group of U.S. businesses," said Todd Crosland, Chairman and President of Interbank FX. "This acknowledgement from Inc. is a tribute to the loyalty of our more than 35,000 customers in over 140 countries around the world, as well as a testament to the hard work and dedication of the 175 employees at Interbank FX."
Interbank FX takes pride in its world-class customer service, and the inclusion in this year’s Inc. 500 is the latest in a myriad of corporate accolades the company has received in 2009. Below is a list of significant milestones and recognitions the company has received thus far:
- Todd B. Crosland, Utah Business Magazine’s 2009 CEO of the Year
- Jon Pexton, Utah Business Magazines 2009 CFO of the Year Financial Champion
- Marilyn McDonald, American Business Awards 2009 Marketing Executive of the Year Finalist
- Marilyn McDonald, Utah Business Magazine’s 30 Women to Watch
- Trader’s Choice Award 2009- FOREXDS
- Best Mobile Forex Trading Platform 2009- World Finance Magazine
- Best Foreign Exchange Broker 2009- Money AM Online Finance Awards
- Best Online Education Provider 2009- Money AM Online Finance Awards
"Interbank FX continues to uphold the upmost integrity and transparency for our customers, facilitating successful trading," said Crosland. "We look forward to continuing to raise the bar for 2009 and beyond."
Complete information on this year's Inc. 500, including company profiles and a list of the fastest- growing companies by industry and region, can be found at www.inc5000.com.
Interbank FX will be featured in the September issue of Inc. magazine (on newsstands Aug. 17).
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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 140 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.