Founded in 1999, Currenex offers corporate and institutional buyers and sellers in the FX and money markets reliable, low-cost and secure electronic access to the $1+ trillion a day global FX market.
Our suite of award-winning services and comprehensive, unrivalled integration capabilities with custom-built and third party trade and settlement systems provide complete FX trading and workflow processing solutions to hundreds of clients, worldwide.
best prices of the world haha. Best technology in the market haha. Are you all guys working for them or what ?
2006-10-13
- AB, London
Currenex is NOT a broker. Currenex is a trading platform that requires a broker and liquidity providers. If you want to use the platform then you need to find a broker that uses Currenex and the question to ask them is how many liquidity providers they have and who they are. Most brokers who offer access to Currenex usually require that the client has at least $50k to open an account. Some brokers that offer access to Currenex are ODL Securities, CapitalForexPro, PropFX.com and some of the banks use the Currenex platform also. This is an institutional quality platform where your broker is not on the other side of your trade - it is just you and the liquidity providers that your broker uses hence the more liquidity providers then the more competitive the prices will be.
2006-09-21
- tan, singapore
looks good with professional functionalities. prices quite tight during normal market conditions. auto stop loss sucks trigger big time away a bit too extreme. figures night pricing is as bad as it gets. system wise need a good pc with sufficient resources to run the system smoothly. g problem trying to get in and run properly sometimes.
2006-09-13
- Steve M.,
I am hearing rumors they will open up to the Retail Investor...if they do...I will sign up as I know their technology is the best in the market. Look who uses their platform already...Bank of America, Citibank, JP Morgan, HSBC....
2006-09-03
- phorex phreak, cayman islands
the best traders in the world trade on currenex, great fills and spreads are unbeatable, sometimes choice......
2006-08-18
- John Francis,
I opened up an account with them a while ago. I have been previously making money using Oanda on News trades. When Oanda's spreads went through the roof I decided it was time to put my main trading on currenex. It is very dangerous. If you hit buy or sell just a couple of milliseconds after the number you might be at the top of the spike and you will lose. They are NOTHING like oanda. yes spreads are lower, but you have to wait until someone actually takes your order. Hope this helps
2006-06-22
- Alex, NYC
Currenex is NOT a broker. They are a software company which provides FX trading software to brokers like FXCM, Fimat, what was Refco, etc.. They "whitelabel" their technology to these various brokers and allow them access to various pools of liquidity (mini-exchanges) made up of the larger Interbank dealers. Depending on which broker you use will determine which pool of liquidity you have access too. Each pool is unique with varying spreads.
2006-06-22
- andy, London
Pure matching system, i've tried several and this was the worst one. I've seen prices been dealt all over the market through my bids and offers and still never been matched, this tells me that its such a good system no one can be bothered to even arb it.
2006-05-12
- Jeshuel, PA USA
Although I do prefer the FXall platform I still continue to trade on the Currenex platform. In many ways they are the same. Naturally, there are differences to. However, to be fair both of these platforms are top notch in my book. As I mentioned in my FXall review Currenex is a broker dependant platform and liquidity quality can vary greatly from firm to firm. So where you trade on the Currenex platform is the most important factor. I was trading Currenex with MAN but then switched to AaronFX, I found the liquidity there to be superior than that I have found anywhere else. Additionally, they also have both the FXall and Currenex platform which makes life a little easier for me. The one item I really like about Currenex is the special keyboard you can request. It cost a few dollars more, not much, but it does make trading on the platform easy. This one just came out a few months ago actually. Another feature that I will be looking into is their new Smart Order. It offers the trader control over trading models and tactics. The system aggregates liquidity pools and allows traders to intelligently route orders for lowest cost execution factoring both market rate and execution costs. I’m very excited about this new FX technology from Currenex.
2006-04-09
- Chan, Singapore
I traded with their platform right up to the time when REFCO bit the dust in Singapore and was very satisfied with it. For a change, they were not the counter parties. As low as 4 pip spread for GBP/JPY and 1 pip for EUR/USD, occasionally "choice", but REFCO charged me one pip for their commission. Fills were so fast you would need therapy. The platform is back on in MAN Financial (Singapore) after the takeover. I hope they have done something about their charting in the meantime, but it's not really an issue, just a matter of convenience. I had anyway been using the GFT charting (the best, in my opinion) and trading off the CurrenEX platform.