2011 IBTimes Trading Awards Released - FX Open Named Best Islamic Forex Broker

Global news leader International Business Times (IBTimes.com) announced the results of the 2011 IBTimes Trading Awards in New York City on May 31, 2011.

FX Open, a worldwide leading FOREX Broker, won 3 awards: Best Islamic Forex Broker, Forex Broker South East Asia - Excellence Award and ECN Forex Broker - Excellence Award.

This year, a total of 30 retail FX broker firms were honored from a pool of 140 brokers nominated by 6,400 traders in 82 countries in 6 languages. The IBTimes Trading Awards offer the most comprehensive quantitative and qualitative annual award available for the fast growing retail Forex markets.

The survey was conducted over 6 months from September 2010 and March 2011. All voting was carried out electronically via a secure, dedicated data collection website.

The IBTimes Trading  Awards fall into two major sections, one that recognizes brokers through quantitative measures (or relative market shares) and one through qualitative rankings (or client satisfaction) at the continent and country level.

FXOpen is honoured to receive IBTimes awards again, commented Denis Peganov, Development Director of FXOpen. We have always strived to provide the best for our clients and we hope to bring more improvement to our services.

The full results for the 2011 IBTimes Trading Awards can be viewed at the official awards website: www.ibtimesawards.com

About the IBTimes Trading Awards

The 2011 IBTimes Trading Awards identify the best financial service providers globally. The awards recognize excellence in the quality of the services they offer to traders and investors.

From 2010, readers of The International Business Times have been invited to vote on a range of attributes of the providers they use. The winners in each category are selected based on the votes and a judging panel of industry experts and independent research groups.

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 collated 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 Funds, ETFs, 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.



About FX Open

FXOpen is one of the world's biggest retail FOREX companies well-known for its trader-oriented innovative technologies. The only company on the market with a unique combination of Retail Forex and Real ECN/STP online currency trading with Level II on the MetaTrader 4, FXOpen offers its clients the most convenient conditions - lowest spreads (from 0 pips on EUR/USD), minimum deposits (from only $1), free unlimited demo account, various deposit/withdrawal options and much more. It has proved to be the market driver by being the first to introduce Sharia'-compliant accounts, Mini accounts and MT4 ECN trading platform coupled with 0.1 lot execution and advanced Money Management technology (PAMM accounts).  FXOpen also provides real time Economic News, Technical Analyses and an Economic Calendar. The Company expands aggressively and aims to double its local offices presence within the next two years.