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If you are searching for the best Currenex brokers, then your search ends here.
In this guide, we are going to walk you through the top Currenex brokers for forex trading.
If you want to know more about forex brokers, you can always check our best forex brokers list.
Table of contents
What is Currenex?
Currenex is a high-end trading platform that uses cutting-edge ECN technology. High-speed, low-latency trading, high-performance technology, and vast liquidity levels are all well-known features of the platform.
The Currenex platform is marketed to forex brokers as a “white label” solution, which allows the broker to brand it as their own.
Even though it isn’t promoted as “Currenex,” traders may find this platform through some brokers.
Currenex Forex Brokers
Here’s the list of top forex brokers providing the Currenex platform.
Round-up of the Best Currenex Brokers
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money
|Brokers||Minimum Deposit required for ECN accounts||Spreads||Commissions||Execution|
|Axi||$0||from 0 pips||$7 round turn||ECN|
|FXCM||$300||from 0.6 pips||N/A||STP/ECN|
|FXDD||$250||from 0.2 pips||$2.99 per lot||ECN/Market Maker|
|Hantec Markets||$1000||from 0.2 pips||N/A||STP/ECN|
|Grand Capital||$500||from 0.4 pips||$5 for forex, energies and metals; $7 for index||ECN/Market Maker|
|TradeView||$1000||from 0 pips||2.50$ per lot||ECN/STP/Market Maker|
How does Currenex Work?
Currenex is an ECN system platform. It is a platform that integrates or aggregates the capabilities of several liquidity providers into one.
To find more about ECN brokers and how they work, please read our best ECN/STP forex brokers guide.
Currenex lets users connect to over 60 worldwide banks using the FIX protocol.
Thousands of institutions, hedge fund customers, and traders use Currenex at the same time to connect to various liquidity providers, view and interact with live streaming executable prices and many sophisticated forms of data.
Many retail foreign exchange brokerages can use the Currenex platform as a white label solution.
Retail traders can trade with various liquidity providers and obtain in-depth book information at any moment through brokerage companies.
The brokerages’ choice of liquidity providers affects the experience.
Top Features of the Currenex platform
Currenex, unlike other platforms, is more suited to skilled traders than to retail traders though it offers one of the most user-friendly charting interfaces available. In addition, it has a flexible charting function that allows traders to use various trading methods.
Currenex provides two versions: Classic and Viking Trader.
The Classic trading platform is more suited to large institutional traders. It gives you instant online access to all of your trading tools, as well as a range of charts and analytical tools.
While the Currenex Viking Trader is a Forex trading platform built specifically for retail traders. It has more stringent deposit size restrictions and offers a wide range of technical analysis capabilities.
Which is the difference between the Classic Version and the Viking Trader Version?
The Currenex Classic is a trading platform that Currenex forex brokers suggest, particularly to big institutional traders, whilst the Currenex Viking Trader is designed for retail forex traders.
What is white label technology?
Currenex’s white-label technology, which includes the option to modify front-end interfaces, is available to brokers. This solution ensures access to the forex markets as well as the ability to run a trading venue without the need for additional devices.
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