currenex.com 
http://www.currenex.com
Average user rating from: 2 user(s)

Broker Rating
4.5
 

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User reviews
Saturday, 12 July 2008

Written by ritche wetland from Austria

This is not a broker but a trading platform, currenex is excellent and I use mb trading as they run on the same platform, today I went long usd/cad 5 lots before the news announcement of employment and made 1,400 in 60 seconds, they do not widen the spread so I can get out whenever I want without having to wait for the spread to normalize, also the platform is very stable. Check out MB Trading!
Saturday, 05 January 2008

Written by Bob Galvin from USA

Currenex is not a broker but is a software trading program which is easy to use and instant execution.
Currenex has recently sold and I have noticed some difference in the spreads but I cannot determine if its a CX change or market liquidity, (to be fair to them).
USDJPY was alway 1 pip spread, now usually 2
EURJPY was 1-2 pip spread now often 2-3
GBPJPY has not seemed to change and is a 4-5 pip spread.
EEURUSD is almost always 1 pip, sometimes 2
Occasionally you will see "Choice" which is where Bid and Offer are the same price. I repeat, I don't know if the slight increase in spreads are a function of Currenex recent acquisition related, but it is worth noting. Bottom line is I rate them highly.

Bob Galvin


 

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