CitiFX Pro

As forex trading continues to gain popularity and more brokers enter the market, decisions for consumers only grow harder. You want to know every possibility before settling into a specific brokerage. But the need for information is not over once you’ve made that decision. Perhaps you should consider switching. Or perhaps there are features and possibilities you aren’t fully using. This review will give you a better understanding of one of the larger forex options—CitiFX pro.

About CitiFX Pro

Quite simply, CitiFX Pro is part of Citigroup—the huge conglomerate that began in 1812 and became one of the largest American banks by 1895. Citigroup began offering online forex trading in 2007, by joining forces with Saxo Bank and offering their software as an adaptation of Saxo Trader. CitiFX Pro is still supported by Saxo Bank in conjunction with Citi. CitiFX Pro added mobile trading in 2009. Compared to some of the other forex traders, CitiFX Pro is very much a newcomer. But the size and history of Citigroup more than make up for the newness of CitiFX Pro.

Key Registrations

As a bank, Citi is in its own category. It is not always clear what registrations CitiFX Pro uses through its connection to Citi, but quite feasibly it could use all of Citigroup’s registrations, which are practically universal. This is one reason that CitiFX Pro can offer more currency pairs than its competitors.