Anyone Tried PFG Currenex

PFG is a very solid firm they are #30 on future's mag top futures brokers and they are very well cap, they also offer mt-4 now, comm is kind of high at $10.50 rt on 100k but they told me they are not in the business to trade against there clients, they have very large clients on the future side and forex side of business, im using there mt-4 demo, spreads during the time i trade is 4 pips add in $10.50 thats a little over 5 pips i can live with that, also i can trade up to 100mill per trade on there mt-4 platform so im thinking about going with mt-4, thanks to all that reply.
 
Quote from 4XQs:

For what it's worth, I've found that noone manages to beat Interactive Brokers on both spreads and commissions. I've looked at many Currenex-providers, and you have to realise they're all different - Currenex is just a technology-platform.

The only one on Currenex I've seen that basicly matches IB is NewEdge - but you need a big account to gain access there. So for accounts like 40k IB is exceptional in my view (frontend things aside, of course).

Keep in mind that there are Currenex-providers by the dozens, so having tried 3-4 I'm not saying there can't be others that are good. But... NewEdge has 60 banks...

what is spread on ib on eur/usd at off hours? second thing your profit stay in eurs and they change as weird time.
 
anyone tried fxcm new active trade platform, this platform is suppose to be pure ecn with out fxcm marking up the spreads and they just charge a comm.
 
Yes, traded on PFG Currenx for awhile. Nothing wrong there at all. PFG is a good firm and I still work with them, just on futures only now. Currenex platform was and is solid, same as anywhere else.
 
Quote from Pippi436:

4XQs: Thanks for posting your findings.

Have you tried HotspotFXi ? Hotspot is closing their retail department and sent me an offer to go with their institutional branch. Im a bit unsure where to go from here, might as well be IB (despite the neverending stream of complaint-posts here on this forum). I could get a bit cheaper commissions on HS than on IB, but what use is that if pricing/liquidity isnt on par.

Apologies for the late reply. I have an account on FXi, but I have not used it (yet) and have actually not seen the live feed there either. So I cannot comment on it. People seem to be saying that since summer of last year it's become a lot worse and not really worth pursuing.
 
Friends,
Is PFG currenex good?
Or you guys are using someone else now.

I am looking to use a prime broker having currenex technology

Please can you assist.. thanks...
 
PFG CX, rock solid. Pricey, but high quality compliance. Talk to Ryan Hansen, he is very good with customer relations. The more units you move the better the price.


The Ever Speaking Highly Of PFG VIPER
 
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