PLANTATION, Fla., March 8, 2012 (GLOBE NEWSWIRE) -- Interbank FX, a division of TradeStation Forex Inc. and one of the industry's leading global providers of online forex trading software, has re-introduced IBFXConnect. The platform bridges the gap between social media and the fastest-growing financial market in the world. IBFXConnect allows customers to trade FX alongside traders from around the globe.
Interbank FX was recently acquired by TradeStation, which was named "Best Online Broker" by Barron's magazine in 2011. TradeStation is a wholly owned subsidiary of Monex Group, Inc. [TSE: 8698].
According to a recent study from accounting firm KPMG, 70% of businesses now boast a clearly defined and integrated social media presence.[1] Through IBFXConnect, everyday traders have the opportunity to see what others are doing, and can determine if they would like to follow their trades and commentary, or even copy their trades directly.
IBFXConnect enables two-way communication between a customer's trading account and their IBFXConnect profile. From there, each customer has complete control of their privacy settings while being able to manage and copy trades from other members.
"IBFXConnect is a social trading network of forex traders from all over the world," says Drew Izzo, Vice President of Marketing for IBFX. "Members can link their trading accounts with IBFXConnect to publish their own account activity and also see what other traders are doing in real time."
Anyone can join IBFXConnect, no fee required.
For more information about IBFXConnect, please visit www.ibfxconnect.com.
Forex trading is one of the riskiest forms of investment available and may not be suitable for all traders. Read the full risk disclaimer and privacy policy on trading forex online.
About IBFX
Based in Salt Lake City, UT, USA, Interbank FX, a division of TradeStation Forex, Inc. (NFA #0422448), is a provider of online forex trading, offering individual traders, money managers and institutional customers proprietary technology, tools and education to trade spot foreign currency online.
About TradeStation
TradeStation is an award-winning online brokerage firm and trading platform. In March 2011, Barron's magazine, in its annual review of 24 online brokerage firms, ranked TradeStation the #1 online brokerage firm in the United States, as well as #1 for Frequent Traders, Trading Technology, and Customer Service and Education. In February 2012, TradeStation won for Best Trading System – Stocks, Best Trading System – Futures, Best Institutional Platform, Best Professional Platform, Best Online Analytical Platform and Best Real-Time Data in the annual Readers' Choice Awards given by Technical Analysis of Stocks & Commodities magazine.
TradeStation Group, Inc. through its principal operating subsidiaries, TradeStation Securities, Inc. and TradeStation Forex, Inc. offers the TradeStation analysis and trading platform to the active trader and certain institutional trader markets. The TradeStation platform offers electronic order execution and enables clients to design, test, optimize, monitor and automate their own custom Equities, Options, Futures and Forex trading strategies. TradeStation acquired IBFX Holdings, LLC in November 2011, expanding TradeStation's forex business in the U.S. and globally. TradeStation is a wholly-owned subsidiary of Monex Group, one of the largest online financial services providers in Japan.
TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, NSCC, DTC, OCC & NFA) is a licensed securities broker-dealer and a registered futures commission merchant, and also a member of the Boston Options Exchange, Chicago Board Options Exchange, Chicago Stock Exchange, International Securities Exchange and NASDAQ OMX. Its TradeStation Prime Services division, based in New York, seeks to provide prime brokerage services, including securities lending, to small and mid-sized hedge funds and other firms. TradeStation Forex, Inc. (Member NFA), a Retail Foreign Exchange Dealer (RFED) and IBFX Australia Pty. Ltd., authorized and regulated by the Australian Securities and Investment Commission, provide the company's forex brokerage offering. The company's technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services. TradeStation Europe Limited is an FSA-authorized brokerage firm which introduces UK and other European accounts to TradeStation Securities, Inc. and TradeStation Forex, Inc.
IBFX's Vice President of Marketing, Drew Izzo, is available for interview.
[1] KPMG: Going Social, Page 4 – Introduction (http://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/Documents/going-social.pdf).