Hi, I've been hearing alot of talk about using currenex once your account size gets bigger. What is currenex? The way I understand it right now, its a platform for ECN's to connect the customers together. Is that correct? What do we need the interbanks for then? Also, can I use currenex directly? How much money do I need?
Thank you
p.s. In the true fx market who takes the other side of the trades? Is it the other traders? In that case why do brokers need liquidity providers? If its the bank then why are there market makers? How hard is it to connect someone to a bank?
Thank you
p.s. In the true fx market who takes the other side of the trades? Is it the other traders? In that case why do brokers need liquidity providers? If its the bank then why are there market makers? How hard is it to connect someone to a bank?