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Currensee Brings Social Forex Trading to the UK

By: Hillel Fuld

If you have been following the latest trends on the Web, you are surely aware of the social media wave taking over the internet community. The first Forex entity to jump on this wave was of course Currensee.

Currensee developed the first full fledged Forex social network offering traders in the US full transparency in their trading. The Currensee platform enables Forex traders to communicate and connect with other traders while enjoying the ability to see your friends’ every move, position, profit, and strategy.

Currensee just launched its UK office, which will support the UK trading community as well as traders throughout Europe. The UK is significantly ahead of any other country when it comes to Forex trading. According to the most recent numbers, 34.1% or $1.36 trillion of the $3.98 trillion traded daily, are trades that take place in England.

Currensee has already reached astounding numbers of over $30 trillion of trading volume from over 130 countries. The new Currensee UK office follows the company’s announcement of receiving regulation from the Financial Services Authority (FSA) just recently. FSA regulations will enable Currensee to open accounts with FSA brokers such as FXCM UK, Alpari UK and Forex.com.

Currensee is approaching 10,000 active members and more than 100 Forex brokers are offered via the platform. Members of the trading network can see each other's actual positions, current and past, share trading techniques in real-time, and communicate over Skype and instant messenger as well as by linking their Twitter account to Currensee TweetMyTrades™. 

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