What are the options for trading on CURRENEX for a retail trader?

H

herringtrader

Hello,


For a retail trader with a trading account of $10000 is there any other option to trade on a currenex platform than PROPFX?

Thanks,


Herringtrader
 
Herring, There are but, from what I have seen, 25k is the minimum account size, and you will not get interbank spreads. Also I believe on this kind of account the minimum trade size is 25k units. To get the interbank spreads you need to go up to $80-100k account size.




The Ever Watchful PITVIPER
 
Quote from FXPimp:

fx chicago is the only one i know of.

May I ask why you want to use currenex? (just curious)
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FXCHICAGO offers currenex only to institutional traders not to retail traders.

I am not sure yet if I want to use currenex I just want to check it out and only through FXCM if I do not have any other options. In FX-WEEK it won the best platform of the year title. Maybe this FX-WEEK award is just an advertasing scam, but anyway I check it out.
 
Quote from TradeViper:

Herring, There are but, from what I have seen, 25k is the minimum account size, and you will not get interbank spreads. Also I believe on this kind of account the minimum trade size is 25k units. To get the interbank spreads you need to go up to $80-100k account size.




So this means that the only broker that offers currenex platform with a $10000 account minimum is propfx. Well... take it or leave it..

Thanks, everyone for the help!

Herringtrader
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