Interbank FX Updates Industry's First Online University

Sunday, December 9, 2007 - 11:13 pm -- Abigail Degraff

Major upgrade for ground-breaking IBFX University combines advanced trading knowledge and tactics with proven analysis tools—completely tuition free

Salt Lake City, December 10, 2007 – Currency trading in the off-exchange retail foreign currency market just got a whole lot easier.

IBFX (IBFX), an online provider of off-exchange retail foreign currency trading (forex), today announced the launch of its new and improved IBFX University (IBFX U)—a groundbreaking program designed to give both novice and expert traders additional educational resources for trading at no additional charge.

"One of our primary goals at IBFX has always been to provide traders of all abilities the opportunity to learn and trade in the competitive forex market," said company president and CEO Todd Crosland. "The updated IBFX U will continue to help us meet our objective by offering forex traders around the globe cutting-edge trading tools and a thorough education—all free of charge."

IBFXU's new online updates include over 20 new educational courses accompanied by downloadable streaming audio, visual aids and flash collateral covering everything from the basics of the forex market to technical and fundamental analysis and various trading strategies. All courses come equipped with multiple visual aids and a collapsible glossary of key terms and concepts.

Also included in the free online update is a growing selection of "guest courses" featuring renowned industry professional such as Ed Ponsi, Clif Droke and Raghee Horner.

"This project began as an answer to what we perceived as a need in the market," stated Mr. Crosland. "Our customers asked for more education on the Forex market and this is just another example of how we strive to provide the tools that our traders need. We are pleased to be able to offer a service like this to our customers and all traders around the world."

Throughout the new IBFX U, users will encounter information about the risks associated with forex trading. Like any other investment vehicle, the great potential for success is matched by an equal potential for loss. IBFX recommends beginning traders practice with an IBFX demo account until they learn how to trade profitably. The demo account allows novice traders the ability to trade in real-time, minimizing any risk of loss.

The updated IBFX U is live now at www.ibfxu.com, or visit www.ibfx.com for a link and additional information.

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.