|Comparison parameter||Currenex Viking or Classic|
|Deposit Currency||USD, EUR|
|Account currency||USD, EUR, AUD, CAD, CHF, JPY, GBP|
|Initial deposit1||5 000 USD|
|Minimum Trade size||0.1 (10 000)|
|Trade size increment||0.01 (1 000)|
|Maximum orders per account inc. pending orders||500|
|Sell Out 2||200%|
|Commission||3 points of the base currency per each 1 lot ³|
|Trading instruments||33 currency pairs, Metals: gold, silver.|
|* Leverage for Clients residing in Poland differs. See more.|
¹ or equivalent in another currency.
² Sell Out occurs when used margin ration reaches 200%.
³ The commission for a complete transaction (opening/closing) is deducted in the double size.
Introduction As a leading Forex broker, Liteforex (ex. Mayzus) is recognized for offering traders the best possible trading tools. One such tool is the top-of-the-line Currenex trading system, recognized for its reliability, efficiency and broad range of applications.
What is Currenex? Currenex is the name of the technology that unites more than 70 banks and large financial organizations with narrower spreads, and is designed for use by the Electronic Communications Network (ECN) broker. The specialty of Currenex is that it holds several patents that focus on lowering latency and improving execution technology.
ECN Forex brokers match buying and selling clients. This enables all traders to trade against each other and creates competing bids. Associating the orders of large players with those of independent traders generates interesting prices, and the Currenex platform ensures rapid order execution.
Where Liteforex (ex. Mayzus) stands in the Currenex scheme
As you can see from the above image, Currenex maintains a strong relationship with a number of leading global banks, generating a very large volume of interbank liquidity. How does it work?
The Currenex platform connects to multiple banks and streams the information to Liteforex (ex. Mayzus), which is then processed for our clients who use the Currenex ECN. As would be expected from a top ECN broker, LITEFOREX acts as a convenient bridge between professional FX traders and interbank liquidity.
Currenex platform offers many advantages. As a leading Currenex broker, Liteforex (ex. Mayzus) enables its clients to get the most from Currenex benefits. These include:
Compounded with Liteforex (ex. Mayzus) offerings:
We are pleased to provide access to direct interbank trading via two Currenex account types, Viking and Classic.
Currenex Viking account
Currenex Viking account will be the best choice for traders who require more friendly visual interface. This account requires simple platform installation on your desktop, yet it is more economical from the internet traffic-based point of view.
Currenex Classic account
Currenex Classic account gives access to a real market depth. With an extended list of orders (Pegged, Standard, and Conditional) and a variety of instruments for chart analysis- this account is the best choice for traders who are looking for the most sophisticated and complex trading solutions. Currenex Classic is also very convenient to work with because it is operated directly from the Currenex server and does not require any installation on your PC.
Important: Live Currenex Classic Account requires the latest version of Internet Explorer and the access certificate. Instructions on how to install the access certificate will be sent to your email once your new account is opened.
For more information in regards to trading conditions, please see our General Business terms and Conditions.