Greenwich, Connecticut, United States:
Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) was recently ranked as
the leading forex broker by percentage of profitable customer forex
accounts according to a composite Forex Broker Comparison produced by
the website Forex Magnates.
The comparison was comprised of data from 11 of the largest forex broker
performance reports as submitted individually to the regulator, the
National Futures Association (NFA), for the fourth quarter of 2012. The
comparison is as follows and can also be found at http://forexmagnates.com/q4-2012-forex-traders-profitability-report-us-forex-market-keeps-losing-brokers-and-accounts/.
Percentage of profitable accounts as reported to the NFA
Interactive Brokers (IB) offers FX traders direct access to interbank
forex quotes on 19 different trading currencies, never engaging in
hidden price spreading, markups or kickbacks. IB combines real time
prices from 13 of the world’s largest FX dealing banks plus a
transparent, low commission that avoids the conflict of interest of FX
platforms that deal for their own account.
IB’s FX routing provides best-execution functionality and a transparent
pricing structure, with displayed spreads as small as PIP and actual
spreads even lower.
The same philosophy and technology that enables IB’s clients to achieve
superior forex trading results also drives our clients’ trading and
investing of stocks, options, futures, and bonds worldwide on over 100
For more information about the advantages of trading forex with
Interactive Brokers, please visit: http://www.interactivebrokers.com/forex
About Interactive Brokers Group, Inc.: Interactive Brokers Group,
Inc., together with its subsidiaries, is an automated global electronic
broker that specializes in catering to financial professionals by
offering state-of-the-art trading technology, superior execution
capabilities, worldwide electronic access, and sophisticated risk
management tools at exceptionally low costs. The brokerage trading
platform utilizes the same innovative technology as the Company's market
making business, which specializes in routing orders and executing and
processing trades in securities, futures, foreign exchange instruments,
bonds and funds on more than 100 electronic exchanges and trading venues
around the world. As a market maker, we provide liquidity at these
marketplaces and, as a broker, we provide professional traders and
investors with electronic access to stocks, options, futures, forex,
bonds and mutual funds from a single IB Universal Account. Employing
proprietary software on a global communications network, Interactive
Brokers is continuously integrating its software with a growing number
of exchanges and trading venues into one automatically functioning,
computerized platform that requires minimal human intervention.
Member - NYSE, FINRA, SIPC. Supporting documentation for any claims and
statistical information will be provided upon request. There is a
substantial risk of loss in foreign exchange trading. The settlement
date of foreign exchange trades can vary due to time zone differences
and bank holidays. When trading across foreign ex-change markets, this
may necessitate borrowing funds to settle foreign exchange trades. The
interest rate on borrowed funds must be considered when computing the
cost of trades across multiple markets. Interactive Brokers charges a
discrete commission of 0.2 basis point * Trade Value with a USD 2.50
minimum. *Standard Account.
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Interactive Brokers Group, Inc.
Caitlin Duffy, (203) 913-1369