Salt Lake City, November 16, 2009—Interbank FX, (www.interbankfx.com), a globally trusted provider of online off-exchange retail foreign currency (Forex/FX) trading technology and services has expanded their footprint in the Middle East, focusing on institutions seeking sophisticated IT solutions, competitive spreads and consistently high global liquidity available through Interbank FX’s partnership with multiple world money center banks.
Using a transparent business model, Interbank FX’s private label partnership offers a customizable and scalable Forex trading solution. International partners can customize and brand Interbank FX’s trading platforms to add Forex trading to their portfolio of financial services, bringing incremental revenue to their businesses. We offer Middle Eastern brokers and dealers:
• No Swap Accounts
• The ability to brand their own Forex trading platform; customizable in over 25 languages
• Active trading with a production-ready solution
• A tried and tested platform with proprietary back-office technology and support—proven with over US$1 trillion traded
“The Middle East is a progressive market with a clear need for ethical and equitable trading,” said Peg Reed, Interbank FX Managing Director of Global Partnerships. “A private label partnership with Interbank FX provides the technology, support and tools needed for financial firms to add Forex trading services to their portfolios quickly and efficiently.”
Interbank FX offers three platform choices readily available to brokers, dealers, security firms, banks and other financial portals that become Interbank FX international partners. Choices include:
• Industry Leading Meta Trader 4 (MT4)
• Interbank FX’s Proprietary Trading Platform Brillian® (available early 2010)
• Customizable API solutions
“We offer award-winning customer service and believe our platforms and offerings are only as strong as the support behind it,” said Todd Crosland, Chairman and President of Interbank FX. “I am confident that our dedicated team of professionals will be able to provide our Middle East partners with technology, liquidity and execution to provide a complete trading solution.”
Financial firms can implement Interbank FX’s private label program with no startup costs. There are also no management or licensing fees. In order to provide the greatest level of support and education to their customers and clients, partners have access to Interbank FX’s online university, IBFXU. The online university can be individually branded. It provides Forex trading information that allows financial firm’s customers to learn and conduct practice trades. This increases trading experience and knowledge before actually committing funds in real trades.
Additionally, Interbank FX provides the following trading tools for its partners:
• Daily pivots, pattern recognition software, candlestick pattern recognition and waves.
• Streaming Dow Jones news feed and economic calendars
• Integration, service operation center, and product development systems
• One-on-one consulting to help facilitate implementation
All investment vehicles, including Forex trading, carry risk. However, Forex trading is rapidly growing around the world and is relatively untapped. An Interbank FX private label partnership brings incremental revenue to financial firms with a complete branded solution and an award-winning Forex platform.
About Interbank FX
Headquartered in Salt Lake City, UT, USA, Interbank FX, LLC 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, Interbank FX 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.
Interbank FX serves more than 30,000 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 Registered Foreign Exchange Dealer (RFED). 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. With all major news releases, there is the possibility of significant price volatility. Interbank FX is not liable for any loss or damage, including without limitation any loss of profit, which may arise from the use of Dow Jones FX Select or reliance on such information. For more information about Interbank FX, please visit the company’s Web site at http://www.ibfx.com.
Contact:
Abigail DeGraff
PR Specialist
Interbank FX
Abigail.degraff@ibfx.com
(801) 930-6833