Salt Lake City, June 24, 2008 — The IBFX Mini Challenge just got a little bigger.
Interbank FX (IBFX.com), a worldwide provider of online foreign currency (Forex) trading, today announced it has launched the first ever IBFX Summer Mini Challenge Extravaganza, with opportunities for IBFX traders to win prizes, electronics and more.
For the months of June, July and August, more than $7,500 in cash and prizes will be awarded to the top 100 contestants with the highest percentage gain in their Forex trading accounts. The contest, which is open to all new and existing IBFX Mini Account holders, will begin on the first weekday of each month and end on the 25th of each month. At the beginning of the following month, the slate is wiped clean and all traders have a new opportunity to win the prizes.
"We were looking for an exciting way to keep things hopping in the summer months," said IBFX Marketing Director Marilyn McDonald. "What we came up with was a fun way to reward a greater number of our traders, and do so in an atmosphere of friendly competition. With rewards ranging from as much as $3,000 in cash, to iPod® mobile digital devices, to IBFX emblazoned golf balls, the race for the top 100 will certainly be one to watch."
The IBFX Summer Mini Challenge Extravaganza is a derivation of a highly popular monthly competition the company holds in which the top five performers-based on percentage gain—are awarded cash prizes.
About Interbank FX
Headquartered in Salt Lake City, UT, Interbank FX, LLC (IBFX.com) is a leading provider of online forex trading services, offering individual traders, fund managers and institutional customers proprietary technology and tools to trade spot foreign currency online.
Unlike other retail FX brokers, IBFX has distinguished itself as an industry leader with its proprietary tools and services and focus on customer care. This has led to numerous awards and industry accolades that IBFX has compiled. The recognition includes Best Online FX Provider, Best Foreign Exchange Broker, Best Chairman, Ernst and Young Entrepreneur of the Year, and Inc 500.
Interbank FX serves over 27,000 clients from more than 140 countries and supports trading volume in excess of US$70 billion per month. The company is regulated as a Forex Dealer Member by 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 investing and should only be attempted by experienced traders.