IBTimes announces winners of its 2011 Trading Awards

This year, the winners were selected from a pool of close to 150 brokers nominated by 6,400 traders in 82 countries and in 6 languages. The IBTimes Trading Awards offer the most comprehensive quantitative and qualitative annual award available in the fast growing retail Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term industry.

The survey was conducted over 6 months from September 2010 to March 2011. The voting was carried out electronically via a secure, dedicated data collection website. Moreover, steps have been taken to avoid rogue votes (including votes from providers and unresolved duplicated votes).

The IBTimes Trading Awards results fall into two major areas:

• Qualitative rankings: recognizing brokers by client satisfaction at the continent and country level
• Panel of experts: based on the judges’ proven expertise

Qualitative rankings were further divided into five voting sub-categories: Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, Forex Execution, Customer Service, Funding Department and Education.

This year’s winners include: Alpari UK, Ava FX, FXDD, FX Open, GFT, GO Markets, HY Markets, IBFX, MB Trading, Oanda, Tadawul FX, TFIfx and VantageFX.

The top firm in each sub-category, continent and country received a Best Broker Award, the 2 runner-up firms were honored with an Excellence Award.

The scores were first collected through votes on IBTimes.com, winners were subsequently selected by a panel of judges from IBTimes’ editorial team as well as independent experts from Forex Magnates, a highly acclaimed Forex Website.

The full results to the 2011 IBTimes Trading Awards can be viewed at the official awards website: https://www.ibtimes.com/awards/trading-awards-2011/

About The International Business Times

With over 8.4 million unique business readers per month, the International Business Times is a Top 5 global financial newspaper online published in 16 countries and in 9 languages. IBTIMESFX, the Forex portal of IBTimes has grown during the past 4 years into a leader in Forex News, Analysis, Education, It aims to provide FX traders of all nations the most useful information available for trading. Visit www.ibtimesfx.com

About Forex Magnates

Forex Magnates is managed by Michael Greenberg a highly acclaimed Forex Expert. Forex Magnates covers both the institutional as well as the retail sides of the Forex Industry. www.forexmagnates.com

About the IBTimes Trading Awards

The IBTimes Trading Awards builds on the successes of last year’s Awards, the 2010 FX Traders’ Choice Awards. They were awarded based on the votes of IBTimes’ readers collected by Forex DataSource, a Forex market research firm. The goal of the FX Traders’ Choice Awards was to empower traders with reliable information and help them select reputable brokers, as traders decided the winners.

This year, The 2011 IBTimes Trading Awards continues to give public recognition to those brokers and financial service providers while increasing the scope of the awards to cover all major asset classes including Stocks, Futures and Options. The awards also reflect The International Business Times’ global identity and include votes on financial service providers from around the world that provide services in multiple languages.

Grab your latest copy of the Forex Magnates Retail Forex Industry Report for Q1 2011.