If I Go Broke Trying Then I Will die happy.
Australian Traders Currenex ECN - MT4 connection & NO commissions 16 replies
MT4/Currenex 1 reply
Strategy runner and currenex 5 replies
Currenex and Bloomberg? 0 replies
DislikedThat seems rather odd.. Any idea why? I guess I'll find out tomorrow when I call. It was nice to see one other choice besides Vcap. Oh well.Ignored
DislikedThanks. Do you know how much cheaper it is if just using Currenex alone? Or HotspotFXi alone?
I'm unfamiliar with Currenex's average spread. Right now I'm demoing HS FXi and the spreads are simply amazing. Oftentimes it's 0.4 - 1 pip or less on majors and 1 pip or less on non-majors. Seeing a >2pip spread on anything is rare. See attached, current spreads at 12:30am EST. 0.4 pip on the majors, heck 0.4 pip on NZDUSD (!) and 1 pip on NZDJPY. How does Currenex compare with this?Ignored
Dislikedisn't HotspotFXi intented for banks and funds? this is my impresion from a quick look on theyr site...Ignored
QuoteDislikedThank you for your interest in our platform. Regarding your prime brokerage question, as an individual it is quite difficult to enter into a relationship with a first tier prime broker unless you can show capital in the region of 5 million USD on hand. Even then many first tier prime brokers will not deal with individuals. You could approach one of our secondary prime brokers with a deposit more in the range of $250,000 but use of a secondary prime broker would carry another layer of fees.
While there is no hard minimum trade size requirement, we highly suggest that our FXI clients trade in lots of at least 500,000 at a minimum and more likely in volumes of greater than 1 million per trade.
If you would like to discuss either prime brokerage situation I can certainly suggest some of our partners for you to contact. Please note that we also offer a margin based platform offering the same pricing as the prime brokerage platform which may be more suited to individual traders.
Regards,
Peter
Peter Neczesny
Vice President
Hotspot FXR
QuoteDislikedPlease note that we also offer a margin based platform offering the same pricing as the prime brokerage platform which may be more suited to individual traders.
DislikedHi Moe,
Thnx for your reply - ATCbrokers looks really very interesting. Has someone any personal experiences with this broker ?
ArtIgnored
Dislikedif you want to trade currenex with mt-4 then go to atcbrokers.com they will set you up, click on forexproIgnored