About Interbank FX
Interbank FX is a company based in Salt Lake City (United States) founded in 2001 by Todd Crosland was acquired by TradeStation in November 2011. Interbank FX has raised $40 million across 1 funding round from investors including TradeStation and Spectrum Equity. Interbank FX operates in a competitive market with competitors including Robinhood, Saxo Bank, Webull, CMC Markets and FXCM, among others.
- Headquarter Salt Lake City, United States
- Founders Todd Crosland
- SectorsFinancial ServicesTechnology
- Website ibfx.com
- Social LinkedIn
- Acquired by TradeStation (Nov 2011)
- Total Equity Funding$40M (USD)
in 1 rounds
- Latest Funding Round$40M (USD), Series C
Jul 2007
- InvestorsTradeStation
& 1 more
- Acquired byTradeStation
(Nov 2011)
Funding Insights of Interbank FX
Interbank FX has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Series C round of $40 million completed in July 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $40M
- Total Rounds 1
- Last Round Series C β $40M
- First Round $40M
(Jul 2007)
- Investors Count 1
All 1 funding rounds of Interbank FX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2007 | $40M | Series C | β | β |
2 investors in total: 2 institutional.
Investors in Interbank FX
Interbank FX has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include TradeStation and Spectrum Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth equity investments and partnerships in finance and related sectors. | – | spectrumequity.com | - | |
Discount brokerage services for stock trading are provided. | 1982 | tradestation.com | Plantation, United States |
Investor details for Interbank FX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Interbank FX
1 people are tracked at Interbank FX (1 in leadership).
| Name | Role | Group |
|---|---|---|
Todd Crosland | Founder | Leadership |
Complete people profiles for Interbank FX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Interbank FX
3 dated milestones of Interbank FX across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Interbank FX is founded.
- Funding First funding round of $40.0M.
- Exit Acquired by TradeStation.
Competitors of Interbank FX
Interbank FX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Robinhood, Saxo Bank, Webull, CMC Markets and FXCM, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| robinhood.com | 2013 | Menlo Park, United States | $5.73B | 2,300 | Commission-free trading and investment services are provided by Robinhood. | |
| home.saxo | 1992 | Copenhagen, Denmark | $548.49M | 734 | Online platform for trading in forex, options, and CFDs | |
| webull.com | 2017 | New York, United States | $194.27M | – | Broker-based online trading platform | |
| cmcmarkets.com | 1989 | London, United Kingdom | – | 982 | Online trading in forex, indices, commodities, and CFDs is enabled. | |
| fxcm.com | 1999 | New York, United States | – | – | Forex and CFD trading is enabled via an online platform. | |
| activtrades.com | 2001 | London, United Kingdom | – | 243 | Operates as a forex broker offering trading services to clients. | |
| flowtraders.com | 2004 | Amsterdam, Netherlands | – | – | Online platform for trading in forex, digital assets, and commodities | |
| forex.com | 2001 | Bedminster, United States | – | – | Trading platform for multi-assets |
Detailed competitors of Interbank FX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Interbank FX
Websites that share an audience with Interbank FX (ibfx.com).
Websites whose visitors overlap most with Interbank FX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fxcm.com | 100% | 338.1K | #131,480 | View details | |
| fxdd.com | 100% | – | #4,304,359 | View details | |
gftforex.com | gftforex.com | 100% | – | – | β |
| oanda.com | 99% | 6.2M | #9,698 | View details | |
| forex.com | 99% | 2.1M | #29,909 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 27 similar websites and full traffic analytics for Interbank FX
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 27 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Interbank FX
10 companies that operate in the same segment as Interbank FX (Forex Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border remittances are enabled for individuals and businesses via apps. | 2011 | London, United Kingdom | USD 1.03 B | USD 2.71 B | – | |
Cross-border payments are processed for businesses via tools and APIs. | 2015 | Singapore, Singapore | USD 1.9 B | – | 1 | |
Cross-border payroll solutions are provided for global migrant workers. | 2021 | Berlin, Berlin, Germany | USD 38.93 M | – | – | |
Online platform for trading in forex, options, and CFDs | 1992 | Copenhagen, Denmark | USD 548.49 M | – | 1 | |
International payments are enabled online for consumers and businesses. | 2016 | Sao Paulo, Brazil | USD 21.53 M | – | – | |
Online foreign exchange and remittance services are facilitated in India. | 2011 | Gurugram, Haryana, India | USD 5.59 M | USD 1.17 M | 146 | |
An online platform is utilized for trading forex and CFDs. | 1995 | San Francisco, California, United States | USD 117.05 M | USD 317.42 | – | |
Online cross-border remittance platform for individuals | 2019 | San Francisco, California, United States | USD 60 M | – | – | |
Trading in CFDs, forex, cryptocurrencies, and indices is enabled online. | 2008 | London, England, United Kingdom | – | USD 809.63 M | 633 | |
NFC-enabled travel cards and wallets are provided for travelers. | 2018 | Singapore, Singapore | USD 105.5 M | – | – |
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Frequently Asked Questions about Interbank FX
Interbank FX was founded in 2001 and raised its 1st funding round 6 years after it was founded.
Interbank FX is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Interbank FX is a funded company, having raised a total of $40M across 1 funding round to date. The company's 1st funding round was a Series C of $40M, raised on Jul 2007.
Interbank FX was founded in 2001 in Salt Lake City, United States, as an online forex broker. Trading tools and educational resources are provided for retail and institutional traders. Multi-bank liquidity feeds and proprietary tools are utilized in operations. Services extend across 140 countries, serving more than 35,000 clients in the forex trading sector.
Interbank FX has 2 investors. Key investors include TradeStation, and Spectrum Equity.
Yes. Interbank FX was acquired by TradeStation in November 2011.
