In its first year of eligibility, Interbank FX (IBFX.com), a worldwide provider of online foreign currency (Forex/FX) trading, was named to Inc. magazine's renowned Inc. 500 - an annual ranking of the fastest growing privately held companies in the United States. With annual revenue growth exceeding 3,224 percent since 2004, IBFX placed an impressive 46th on the coveted list and ranked as the fifth fastest growing company in the Financial Services Category.
"This recognition from Inc. is a tribute to the loyalty of our more than 25,000 customers in 140 countries around the world, as well as the tireless efforts and dedication of the IBFX team," said Todd Crosland, Chairman and President of Interbank FX. "Being named a member of the Inc. 500, and more specifically attaining the 5th spot in the Financial Services Category, is a great honor. We look forward to continuing to raise the bar for 2009 and beyond."
First introduced in 1982, the Inc. 500 recognizes companies which drive the U.S. economy, crossing a wide range of sectors including consumer products, financial services, retail and technology. The Inc. 500 is ranked according to percentage revenue growth over a four-year period.
IBFX's inclusion in this year's Inc. 500 is the latest in a myriad of corporate accolades the company has received in 2008. Last month, IBFX was named Best Online FX Provider and Finalist for the Best Active Trading Platform at the 2008 MoneyAM Online Finance Awards in London. The company was also recently honored as the Best Foreign Exchange Broker by Shares Magazine and was a finalist for three 2008 American Business Awards, including Best Chairman (Todd Crosland), Best Marketing Executive (Marilyn McDonald) and Best New Product or Service (IBFXU).