Citigroup Launches Retail Forex Broker
Citigroup introduced a new retail Forex broker this year — CitiFX. I uploaded the information related to this broker on my site today. CitiFX uses the trading platform made by Saxo Bank. There are no mini Forex accounts available and the minimum deposit is also very high — $10,000. Leverage is lower than in majority of other broker — 1:50 and 1:25 on some pairs. Demo accounts are available for free. This broker can be an interesting choice for the existing Citi customers, but for the vast majority of the Forex traders such conditions are far from preferable.
Tags: CitiFX, Forex, Forex broker
February 22nd, 2008 at 7:11 pm
Have they paid every month? Are they profitable? Are their accounts monitored?
February 22nd, 2008 at 9:34 pm
I don’t think that you understand what you are asking…
June 22nd, 2008 at 7:24 am
At least one can be pretty sure they aren’t going to go south with your account balance like Refco and One World Capital did.