Interactive Brokers charges ahead in Percentage of Profitable Customer Forex Accounts

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    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.

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    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
    Q4 2012
    % ProfitAccounts TradingSpread
    Leveraged ForexMarkup
    Interactive Brokers46.50%16,712NO
    CitiFX Pro43.00%610YES
    OANDA40.50%21704YES
    Gain Capital36.00%10566YES
    FX Solutions36.00%3726YES
    IBFX/TradeStation33.00%9828YES
    FXCM31.00%20379YES
    MB Trading31.00%3929YES
    FXDD30.10%5242YES
    Alpari27.60%2076YES*
    ILQ22.70%929YES

    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 ½ 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 markets.

    For more information about the advantages of trading forex with Interactive Brokers, please visit: http://www.interactivebrokers.com/forex