2011 IBTimes Trading Awards Released - Winning Forex Brokers Announced

NEW YORK, May 31, 2011 /PRNewswire/ -- Global news leader International Business Times (IBTimes.com) announced the results of the 2011 IBTimes Trading Awards during an award ceremony held in New York City on May 31, 2011.

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 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, 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: http://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.

SOURCE The International Business Times