Currenex is a high-quality multi-dealer trading platform that provides access to fund managers, brokerage firms and hedge funds. In this article, we review the 15 Best Currenex Forex Brokers.
Currenex offers a wide range of advanced order types and prices are requested from many different liquidity providers, including banks and non-banks.
Currenex has partnered with over 60 global banks and uses the FIX protocol.
Currenex can be used for Executable Streaming Prices (ESP) execution, Request for Stream (RFS) or Request for Quotes (RFQ) execution and Mid-matching (Currenex MID) execution.
Currenex is suitable for retail trading and also offers White Label solutions.
Currenex is a popular platform for hedge fund investors because prices are live streamed and orders can be placed in real-time.
Currenex is a beginner-friendly platform but also offers a wide range of advanced trading tools and different options for connectivity.
Messaging protocols can be reconfigured to meet your individual trading needs and Currenex offers 24-hour multilingual customer support.
Currenex was recently rewarded for being the no.1 Multi-Dealer Platform by Volume and for providing reliable services.
Currenex is not available directly to retail clients, but you can use this platform through a broker or a fund manager, so let’s go over the brokers you can sign up with:
Exness
Overall Rating Rated #1 of USD 10 FSA, CBCS, FSC, FSC, FSCA, CySEC, FCA 📱 Platforms MT4, MT5 ₿ Crypto Yes 💵 Account Currency USD, EUR, ZAR, CHF, NZD, SGD, JPY, AUD Yes 1:unlimited 🛒 Instruments 100+ Forex, Cryptocurrencies, Energies, Metals, Shares, Stocks, Commodities 🏛️ Visit Broker
4.9/5
Recommended FX Brokers
Min. Deposit
Regulators
Islamic Account
Leverage
Exness is a CySEC and FCA-regulated Forex broker that offers more than 100 tradable currency pairs.
The minimum deposit required to trade with Exness is $10 and you can fund your account using AUD, NZD, JPY, CHF, ZAR, SGD, EUR or USD.
Exness offers a variety of Metals, Cryptocurrencies, Energies, Shares, Commodities, Forex pairs and Stocks that you can trade on MT4 and 5 using standard and professional accounts.
Pros and Cons of Exness:
| ✔️Pros | ❌Cons |
| Inactivity fees are not charged | No bonus offers |
| Minimum deposit is low | |
| Good regulations | |
| Unlimited leverage |
FXDD
Overall Rating USD 1 FSC, MFSA 📱 Platforms MT4, MT5, FXDD Webtrader ₿ Crypto No 💵 Account Currency USD, EUR, GBP, JPY, CHF, BTC Yes 1:30 🛒 Instruments Metals, Energies, Indices, Stocks, Forex 🏛️ Visit Broker
3.2/5
Minimum Deposit Regulators Islamic Account Leverage
FXDD was founded in 2024 in the United States and they have more than 400,000 clients worldwide.
FXDD requires a minimum deposit of $1 and they offer 2 types of trading accounts, as well as swap-free accounts and demo accounts.
You can fund your account using BTC, EUR, USD, GBP, CHF or JPY.
FXDD accounts can be connected to MT4, MT5 and the FXDD Webtrader.
FXDD offers a variety of Indices, Metals, Stocks, Forex pairs and Energies, and a maximum leverage of 1:30 is allowed.
Pros and Cons of FXDD:
| ✔️Pros | ❌Cons |
| 5+ base currencies | Low leverage |
| Low minimum deposit | No trading bonus |
| Supports MT4 and 5 | |
| 60+ currency pairs |
HYCM
Overall Rating USD 100 FCA, CySEC, CIMA, DIFC 📱 Platforms MT4, MT5 ₿ Crypto Yes 💵 Account Currency USD, GBP, EUR, AED Yes 1:500 🛒 Instruments Forex, Stocks, Indices, Cryptocurrencies, Commodities, ETFs 🏛️ Visit Broker
4.3/5
Minimum Deposit Regulators Islamic Account Leverage
HYCM is regulated by DIFC, FCA, CySEC and CIMA, and is based in the United Kingdom.
HYCM offers 3 types of accounts, as well as swap-free and demo accounts, and a minimum deposit of $100 is required to open an account.
You can fund your account using GBP, EUR, AED or USD.
You can trade a wide range of Cryptocurrencies, Commodities, Forex pairs, ETFs, Stocks and Indices with HYCM and a maximum leverage of 1:500 is allowed.
Pros and Cons of HYCM:
| ✔️Pros | ❌Cons |
| Top-tier regulations | No trading bonus |
| Tight spreads | |
| Beginner-friendly |
London Capital Group (LCG)
LCG is a CySEC-regulated broker that was founded over 20 years ago.
LCG offers beginner-friendly accounts and more than 7,000 Forex pairs, Indices, Commodities, Shares, Bonds, Spot Metals, ETFs and Vanilla Options.
No minimum deposit is required to open an account with LCG and a maximum leverage of 1:30 is allowed.
As a client, you can trade on MT4 and the proprietary LCG Trader platform.
Pros and Cons of LCG:
| ✔️Pros | ❌Cons |
| 7,000+ instruments | Low leverage |
| CySEC and FCA-regulated | No trading bonus |
| Beginner-friendly | ECN trading requires a minimum deposit of $10,000 |
| No minimum deposit |
OctaFX
Overall Rating USD 100 FSA, SVGFSA 📱 Platforms MT4, MT5, OctaFX app ₿ Crypto Yes 💵 Account Currency EUR, USD Yes 1:500 🛒 Instruments Forex, CFDs, Stocks, Commodities, Cryptocurrencies 🏛️ Visit Broker
3.7/5
Minimum Deposit Regulators Islamic Account Leverage
OctaFX has more than 10 million clients worldwide and their accounts are available in over 150 countries.
OctaFX offers2 types of accounts with spreads starting as low as 0.6 pips and you can also open a demo account or a swap-free account.
There are more than 30 currency pairs that you can trade with OctaFX and a maximum leverage of 1:500 is allowed.
They also offer a wide range of cryptocurrencies, indices and energies that you can trade on the MT4 and 5 platforms or the OctaFX mobile app.
Pros and Cons of OctaFX:
| ✔️Pros | ❌Cons |
| Tight spreads | Only 2 base currencies for accounts |
| Beginner-friendly | Not many regulations |
| 10mil+ clients | |
| Trading bonuses |
Grand Capital
Overall Rating USD 10 FinaCom 📱 Platforms MT4, MT5, GrandTrade ₿ Crypto Yes 💵 Account Currency USD, EUR, JPY, GBP, CHF, RUB Yes 1:500 🛒 Instruments Stocks, Energies, Metals, Forex, CFDs, Crypto, Indices 🏛️ Visit Broker
4.8/5
Minimum Deposit Regulators Islamic Account Leverage
Grand Capital is a category-A, FINACOM-regulated broker that was founded in 2006.
They have more than 750,000 clients from around the world.
Grand Capital offers more than 500 instruments, including Forex pairs, cryptocurrencies, stocks, indices, metals and energies.
You can connect your accounts to MT4 and 5, and they also offer a proprietary trading platform and 5 account types, as well as swap-free accounts.
You can open an account with them for as little as $10 and they offer VIP perks, loyalty programs and trading bonuses.
Pros and Cons of Grand Capital:
| ✔️Pros | ❌Cons |
| 40% Bonus on every deopsit | Not many base currencies for accounts |
| 500+ instruments | Not many regulations |
| Low minimum deposit | |
| Multiple accounts |
FxPro
Overall Rating USD 100 FCA, CySEC, FSCA 📱 Platforms FxPro platform, cTrader, MT4, MT5 Yes 💵 Account Currency EUR, USD, GBP, CHF, PLN, AUD, JPY, ZAR Yes 📊 Leverage 1:200 🛒 Instruments Forex, Metals, Indices, Shares, Energies
4.6/5
Minimum Deposit Regulators Islamic Account
FxPro is regulated by CySEC and the FCA.
A minimum deposit of $200 is required to open an account with them and you can fund your account using EUR, ZAR, USD, AUD, JPY, CHF, PLN or GBP.
FxPro offers more than 260 Forex pairs, Metals, Shares, Indices, Energies and Cryptocurrencies and one account can be used to trade all these instruments.
FxPro also offers demo accounts and swap-free accounts.
Pros and Cons of FxPro:
| ✔️Pros | ❌Cons |
| Good regulations | 1 account |
| 5+ Base currencies | Inactivity fees |
| 2 mil+ clients |
FXCM
Overall Rating USD 50 ASIC, FCA, FSCA 📱 Platforms Trading Station, MT4, NinjaTrader, ZuluTrade, Capitalise AI, TradingView ₿ Crypto Yes 💵 Account Currency EUR, USD, GBP, CHF Yes 1:200 🛒 Instruments Forex, Shares, Indices, Crypto, Commodities 🏛️ Visit Broker
4.6/5
Minimum Deposit Regulators Islamic Account Leverage
FXCM is a multi-regulated broker that was founded in 1999.
FXCM is a great option for social traders, copy traders and high-volume traders and their accounts are also suitable for beginners
You can open an account with FXCM by depositing at least $50 and you can trade a wide range of Shares, Commodities Cryptocurrencies, Indices and Forex pairs with them.
Pros and Cons of FXCM:
| ✔️Pros | ❌Cons |
| Advanced research tools | High withdrawal fees |
| Beginner-friendly | 4 base currencies supported |
| Rebate and Referral Program | Penalty fees for inactivity |
| Great for copy trading |
Admirals
USD 1 ASIC, FCA, EFSA, CySEC 📱 Platforms MT4, MT5, Admirals app ₿ Crypto Yes 💵 Account Currency USD, CHF, EUR, BGN, HRK, PLN, RON, CZK, HUF, GBP Yes 1:30 🛒 Instruments Forex, Commodities, Indices, Stocks, ETFs, Bonds 🏛️ Visit BrokerMinimum Deposit Regulators Islamic Account Leverage
Admirals (previously Admiral Markets) is regulated by EFSA, FCA, CySEC and ASIC.
A minimum deposit of only $1 is required to open an account with them nd you can fund your account using HRK, CZK, RON, GBP, HUF, USD, CHF, PLN, EUR or BGN.
Admirals offers more than 8,000 Forex pairs, Indices, Stocks, Commodities, Bonds and ETFs that you can trade on MT4 and 5 or the Admirals app.
Pros and Cons of Admirals:
| ✔️Pros | ❌Cons |
| Low minimum deposit | Low maximum leverage |
| 8,000+ instruments | Penalty fee for inactivity |
| Negative balance protection | |
| beginner-friendly |
Axi
USD 0 ASIC, FCA 📱 Platforms MT4, Myfxbook, PsyQuation ₿ Crypto Yes 💵 Account Currency AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD Yes 1:400 🛒 Instruments Forex, Cryptocurrencies, Metals, Indices, Commodities 🏛️ Visit BrokerMinimum Deposit Regulators Islamic Account Leverage
Axi (previously Axitrader) is regulated by the ASIC and FCA and they have more than 60,000 clients worldwide.
Axi was founded in 2007 and their accounts can be connected MT4, Myfxbook and PsyQuation.
No minimum deposit is required to open an account with Axi and you can fund your account using AUD, NZD, EUR, CAD, PLN, JPY, GBP, USD, HKD, CHF or SGD.
Pros and Cons of Axi:
| ✔️Pros | ❌Cons |
| No minimum deposit | Account info is difficult to find |
| Commission-free trading | |
| No inactivity fees | |
| 5+ base currencies |
Libertex
Overall Rating USD 100 CySEC 📱 Platforms MT4, MT5, Libertex platform ₿ Crypto Yes 💵 Account Currency EUR, GBP, PLN, CFH No 1:600 🛒 Instruments Crypto, Metals, ETFs, Stocks, Forex, Indices, Oil, gas, commodities 🏛️ Visit Broker
3.9/5
Minimum Deposit Regulators Islamic Account Leverage
Libertex is a beginner-friendly broker than was founded in 1977.
They have won more than 70 awards and they offer more than 250 ETFs, commodities, Oil, Indices, Stocks, Cryptocurrencies, gas, Forex pairs and Metals.
Libertex is regulated by the FSCA and you can trade on MT4 and 5 or the proprietary Libertex platform.
Pros and Cons of Libertex:
| ✔️Pros | ❌Cons |
| Beginner-friendly | 4+ base currencies |
| Negative Balance Protection | No swap-free account |
| 70+ awards won |
Litefinance
Overall Rating USD 50 CySEC 📱 Platforms MT4, MT5 ₿ Crypto Yes 💵 Account Currency USD, EUR, MBT, USD, EUR, MBT Yes 1:1000 🛒 Instruments Forex, Metals, Oil, Stocks, NASDAQ CFDs, NYSE CFDs, Crypto 🏛️ Visit Broker
4.2/5
Minimum Deposit Regulators Islamic Account Leverage
LiteFinance is an ECN broker that was founded 15 years ago.
LiteFinance is a good broker for social trading and it is also a beginner-friendly option.
They provide plenty of educational resources like trading guides, articles and demo accounts.
We recommend this broker to stock traders and you can buy stocks from major stock exchanges like NASDAQ, NYSE and EURONEXT.
Pros and Cons of LiteFinance:
| ✔️Pros | ❌Cons |
| CySEC-regulated | No account info |
| Trading bonuses | No US clients |
| MT4 and 5 support | |
| Low-risk broker |
IC Markets
Overall Rating USD 200 FSA, CySEC, ASIC 📱 Platforms MT4, MT5, cTrader ₿ Crypto Yes 💵 Account Currency AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF Yes 1:500 🛒 Instruments Stocks, Commodities, Indices, Forex, Bonds, Crypto, Futures 🏛️ Visit Broker
4.8/5
Minimum Deposit Regulators Islamic Account Leverage
IC Markets was founded in 2007 and offers more than 1,700 instruments.
A minimum deposit of $200 is required to open an account with IC Markets and this broker is regulated by ASIC, FSA and CySEC.
IC Markets offers 3 types of accounts and managed account services.
Pros and Cons of IC Markets:
| ✔️Pros | ❌Cons |
| Multiple accounts | No US clients |
| VPS available | No investor protection for non-EU clients |
| 10+ payment methods |
Alpari
USD 5 FSC 📱 Platforms MT4, MT5, Alpari Mobile ₿ Crypto No 💵 Account Currency USD, EUR, GBP, NGN Yes 1:1000 🛒 Instruments Forex, Metals, CFDs 🏛️ Visit BrokerMinimum Deposit Regulators Islamic Account Leverage
Alpari is a popular ECN broker that has more than 2 million clients.
Alpari offers 4 types of accounts and a variety of forex pairs, metals and CFDs.
A minimum deposit of only $5 is required to open an account and a maximum leverage of 1:1000 is allowed.
Pros and Cons of Alpari:
| ✔️Pros | ❌Cons |
| Referral rewards | 4 account currencies |
| Suitable for Copy Trading | No USA clients |
| multiple account types | |
| Low minimum deposit |
AvaTrade
USD 100 MiFID, FSA, ASIC, BVI, FFAJ, FSCA, ADMG, FRSA 📱 Platforms MetaTrader 4, MetaTrader 5 ₿ Crypto Yes 💵 Account Currency AUD, EUR, USD, GBP, CHF Yes 1:400 🛒 Instruments Forex, Bonds, Stocks, Commodities, ETFs, Indices, Crypto 🏛️ Visit BrokerMinimum Deposit Regulators Islamic Account Leverage
AvaTrade is regulated by ASIC, FRSA FSA, BVI, FFAJ, FSCA, ADMG and MiFID, and has over 300,000 clients.
AvaTrade has won more than 100 awards and offers 4 types of accounts.
A minimum deposit of $100 is required to open an account with AvaTrade and accounts can be funded using USD, GBP, EUR, CHF or AUD.
Pros and Cons of AvaTrade:
| ✔️Pros | ❌Cons |
| Many regulations | No USA clients |
| Free deposits and withdrawals | |
| Beginner-friendly | |
| Multiple account types |
Conclusion
We recommend trading with one of the 15 Best Currenex Forex Brokers listed in this article because they are regulated and safe to use.
By using Currenex, you can enjoy low-latency trading and access to a variety of liquidity pools.
Currenex offers a variety of user interfaces and API access and can be configured to be beginner-friendly and retail-focused, or a White Label solution for corporate clients.
We hope that this article will help you choose a broker that is right for you.
Good luck with your trading!
Disclaimer
Remember, 75% of retail investors lose money when trading CFDs and there is a high risk of losing your capital in the forex markets.
The information on this website is in no way intended to be used as financial advice and opening an account with any broker is done at your own discretion and risk.
