IBFX Holdings is a provider of forex trading services to 27,000 individual traders, fund managers and institutional clients worldwide.

TradeStation said IBFX will become a division operated under its foreign exchange trading platform TradeStation Forex.

TradeStation Forex president Gary Weiss said IBFX’s proprietary forex tools and services and its focus on customer care will now be backed by the financial stability and trading technology leadership of TradeStation. In time, TradeStation forex clients will benefit from technology offered by IBFX using TradeStation’s award-winning, market analysis and trading platform.

Interbank FX CEO Todd Crosland will head the IBFX division of TradeStation Forex.