Quote from danger66:
Bitstream, we don't want to deal with trading two pairs at the same time. The scalps are occurring when the market is moving extremely fast, so there's not that much time to do many things.
fxsomebody works for Currenex and asked me not to disclose his personal information. Currenex does not advertise much and mainly relies on white label providers such as ODL, Man, and the likes to do most of the selling. From what fxsomebody said, they are planning on changing the way they do things in the near future and are rolling out a lot of new things. He even mentioned adding charting to the platform. He also said that he read one of my posts with our order processing requirements and sent the requirements to their designers for possibly including them in future upgrades. He sounded like a very knowledgeable guy.
He talked about a lot of things and I got a little oversaturated with information. He mentioned that 80% of the executions on Currenex are customer-to-customer transactions and the rest are customer-to-banks, where the banks are the ones the particular Currenex broker you are using has a relationship with.
He said that what I fear (getting kicked out by a broker because the banks they work with are not pleased with our trading) rarely happens.
He also explained a lot of things about HotSpotFxi and Lava that I did not know. Let's see what happens going forward. I will test this Currenex thing to the max and post my experiences (good or bad) here.
