Forex Platform Currenex

Advantages and Disadvantages of Forex Platform Currenex


Currenex

Currenex platform may seem daunting at a glance, but this impression remains until trader understands all the advantages of working with this program. The main Currenex advantage is absence of using the so-called spread. Generally, while calculating their profits and losses, traders consider spread as something like necessary evil to which it is not impossible to influence. As a result they should give a few points from every order and this is converted into a decent amount for a large trading volume. It is especially inconvenient for scalpers who commit during the trading day at least several hundred operations. Thus, opening a deal, every trader is initially at loss due to the spread.

Currenex brokers see a completely different picture. Currenex review shows the floating spread at 0.4-0.9 points on average and sometimes when opening a deal a trader can immediately leave to breakeven, which however happens very rarely. Reduced spread costs at Currenex platform are achieved due to the fact that the import quotations are conducted simultaneously with many of the largest market makers, causing the system to select the most favorable price for the specific transaction at a time. These conditions are simply ideal for scalping and, of course, will come in handy for many other trading strategies, as they allow reducing the costs of entry and exiting from the market.

Also the Currenex platform provides to competitors such capabilities as brokers’ impossibility to detain quotes, to affect the speed of order execution and to perform other actions that are harmful to the trader in any way. Brokers cannot get access to the Currenex api and to affect its settings so the trader’s profit and loss are completely dependent on himself.

In addition, it is worth to notice the speed of transactions execution. It happens in a second by a single click. Thus the market conditions or other factors does not effect on execution speed. The program does not slow down even when it is a major news outlet. And, of course, support is always ready to help every trader. 

FxPro SuperTrader

FxPro SuperTrader is a platform that brings investors and trade leaders together. Investors have the capital, leaders have the expertise and profitable strategies. Risk management is central to FxPro SuperTrader. Leaders must pass stringent risk tests before being allowed to list their strategies. In fact, even after being approved, the performance of every strategy is monitored...

MetaTrader 4 Trading Platform

MetaTrader platform is one of the most widely used Forex platforms in the world. It is suitable both for novices and for experienced traders. Metatrader 4 review considers the software as leading platform for automated trading.

Metatrader5 Trading Platform

MetaTrader 5 is the world-famous Forex trading web platform that provides wide opportunities for brokers who have different accounts. Metatrader platform allows trader to switch quickly between accounts and windows making his orders fast...


MetaTrader 5 Mobile Trading Platform

Basically, a trader's job is to regularly monitor the market conditions and to know about any changes, because these factors are of critical importance for his earnings. However, it is not always possible to sit in front of a computer all days through...

MetaTrader 4 Mobile

The number of mobile trading followers constantly increases, but there are also those who consider it ineffective: the skeptics are 10% of the trading community. Generally, currency traders highly estimate the opportunity of having more flexibility in their daily activities...

Rumus

Rumus is a customizable modular system designed to use existing features and developing new ones. Rumus platform has the capability to carry out an accurate analysis of quotes history, to display quotes in real time and save trader’s indicators.


Ninja Trader

The Ninja Trader platform is the whole complex of useful features with friendly interface that allows user to make a successful and easy trading. The functionality of Ninja Trader software is easy to understand so both the novices and the experienced traders could use it with no problems.

Mirror Trader

The Mirror Trading platform is a completely different solution for Forex traders. The key principle of it remains the same. Mirror Trading as well as any other platform allows trader to commit the transactions but the way of it is completely different.

JForex

Jforex platform is not so wide-spread as many other trading software but it is very simple and comfortable in use for novices as well as for experienced traders. Jforex allows to trade manually and automatically.

Top Forex Advisors

# Forex advisor Yield per annum, %
1FXCharger77.31%
2WallStreet Forex Robot 2.0 Evolution85.3%
3Airhopper19.6%
4Esox-Pattern20.6%
5EverTech Forex Robot85.1%
6Earth Robot80.9%
7Wicor Forex36.4%
8Draw Profit39.3%
9FXMaximal53.5%
10CovertFX42.1%




Popular forex reviews

Admiral Markets

I really appreciate all the tutorials on Forex indicators available in MetaTrader 4. I was finally able to learn everything about the features I'm using. Thank you, Admiral...

Review rating - 1 Review rating

LiteForex

Its hard to suggest some ideal broker as each has its pros and cons and only experience (losses and gains) will give you a cluechea what are your requirements to the broker. One of the advantages I consider crucial for a broker is raw...

Review rating - 2 Review rating

Check out easyMarkets brand new trading app
Check out easyMarkets brand new trading app

The world’s first web-based trading platform by easyMarkets is now an app. Make trading fast, simple and easy. Stay on top of the market all the time and undo losing trades with dealCancellation*. Download the free app on android and iOs and rediscover trading, the easyMarkets way. *T&C Apply

Trade12

Trade12.com is a total scam. Kindly stay away from them. If you deposit big amount they will never let you...

Review rating - 1 Review rating

CM Trading

CMTrading is a great place to start your trading career and it will equip you with the tools needed to be a successful FX...

Review rating - 1 Review rating

FxPro

I have several years of trading experience with different brokers. There were both high and low periods but really good money I made only two times. First time I was so happy. But only until I tried to withdraw it. My broker I've been using that...

Review rating - 2 Review rating

  


Share: