Coveted award recognizes outstanding entrepreneurial organizations statewide
Salt Lake City, August 7, 2007 — Interbank FX (IBFX.com) has been recognized as the number one performer in the Utah Valley Entrepreneurial Forum's (UVEF) 2007 "Top 25 Under Five" awards.
IBFX won the award based on its explosive growth, which saw revenues grow over 14 thousand percent from 2003 to 2006. The company's reach has grown exponentially as well, now with customers in more than 135 countries.
IBFX has received wide acclaim for its unique approach to forex trading and emphasis on customer service. Recent awards have included the 2007 Best of State award for financial services, the 2007 Ernst & Young Entrepreneur of the Year Award in the Utah region and three finalist nominations for the 2007 American Business Awards (Stevies).
"I'm extremely pleased that IBFX continues to receive so much incredible recognition," said Todd Crosland, president and CEO of IBFX. "It's a pleasant confirmation of our customer commitment and desire to provide a transparent way of trading currencies."
UVEF's Top 25 Under Five awards have recognized the development of more than 150 entrepreneurs and their companies in the past six years. Competing companies are judged based on profit, growth, equity funding, job creation and job quality. The awards spotlight companies that are exemplars of Utah's entrepreneurial drive and spirit.
About UVEF
The UVEF is a non-profit support group working to share knowledge and experience. As a nonprofit organization founded in 1989, the UVEF promotes the development and growth of entrepreneurial ventures by: providing networking opportunities, promoting recognition of business accomplishments and contributions, sharing business experiences, and by encouraging free enterprise. Information on upcoming meetings, speakers, and membership can be found at uvef.net.
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.