Forex Brokers with Currenex
Trading forex with a Currenex broker can give you access to deep liquidity pools. This means that you can buy and sell currencies with some of the best bid/ask prices on the forex market at all time. Lots of liquidity also means rapid trade execution speeds with minimal slippage. This can be especially important if you are using forex scalping strategies or automated trading robots that rely on small pip movements in price. You can take your trading to the next level with Currenex, renowned as one of the best trading terminals available in the forex market. The innovative technology provides maximum liquidity, real-time FX prices, and seamless execution.
What is Currenex?
Currenex is a market-leading technology provider offering the FX community high-performance technology and deep pools of liquidity for anonymous and disclosed trade execution. The Currenex trading platform is well renowned for its high speed and low-latency trading, and it also offers more advanced order management and reporting tools than many other trading platforms on the market.
You can trade currency pairs online through Currenex forex brokers that provide the platform as a white label solution. You may therefore be trading with Currenex liquidity without even realising it. Some of the prominent users of this trading platform are banks, fund managers, corporates, and online forex brokers.
Currenex was founded in 1999 and since then has been providing customers with anonymous, fast and secure access to the interbank currency exchange market (FOREX). The award-winning Currenex platform allows clients to aggregate pricing from more than 60 streaming banks, non-banks and liquidity from anonymous ECN, FXTrades into a single consolidated Central Limit Order Book.
- Multiple liquidity streams aggregation
- Private liquidity pool creation for every broker’s specific preference and style
- Strong liquidity team management for optimized liquidity streams and monetization solutions
- Access to anonymous single-ticket liquidity in a mouse-click
- Graphical user interface for an utmost convenient and pleasant user experience
Why choose Currenex?
Currenex provide clients with a unique service that delivers tailored access to disclosed and undisclosed liquidity together on a single screen. They are a premium source for FX liquidity in the market with many significant market liquidity sources connected to their trading venue.
This means they can be worth consideration for anyone who is running demanding forex trading strategies that require the best possible trading conditions at all time. I think that combining Currenex liquidity with FIX API connectivity, can provide a top-class trading environment for both retail and institutional traders alike.
The Currenex trading platform is one of the industry leaders in pre – trade and post – trade processes as well as price discovery and liquidity aggregation. Currenex is designed for professional traders to trade fast and efficiently on a wide range of currency pairs using a variety of order types.
Currenex forex brokers
Forex brokerages can use Currenex’s private label technology, which includes the ability to customize front-end interfaces. The solution provides sophisticated access to the currency markets and the ability to operate a trading venue, without the need for hardware investment. In an exquisite combination of technology, liquidity, risk management and reporting, it becomes an integral cog in the machine of a Currenex brokers’ smooth operations. You can see a selection of our best Currenex forex brokers in the table below.
Currenex pros & cons
Pros
- Access to superior execution
- Tight spreads depending on market volatility
- Liquidity pool of the best bid/ask prices
- Can be used for scalping and automated trading
- Provides an extra edge over standard trading platforms
Cons
- Not provided by a vast choice of forex brokers
- May require larger deposit and trading volume to access
Conclusion: do I need to use a forex broker with Currenex?
No, unless there is a specific reason why you want to trade forex on the Currenex platform, then you could consider any trading platform as an alternative. However, Currenex does provide some of the best trading conditions you can find in the industry, it is just very limited.
I personally feel that beginners will get on better with a more user-friendly and widely available platform such as MetaTrader. There are plenty of MetaTrader brokers. You could also take a look at our best brokers for beginners as they should have plenty of trading guides to help you along the way.
However, if you already have lots of trading experience, then Currenex might be able to take you to the next level. It can give your manual and automated forex strategies that extra edge that you may have been missing. There is no need to feel limited by your current broker or popular platforms, as there are other options out there.
Institutional investors, professional traders, and high-net-worth private investors rely on Currenex for its ability to deliver total control over their trading. Experience unprecedented order management, data analysis, market intelligence and the ability to fully customise the system to meet your specific requirements.
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