Chriss,
You've made the best decision (in my opinion) that you could have made, given the alternatives offered in Retail FX.
I created a thread about this and listed Divisa Capital FX (DCFX) as one of the Retail Intermediaries that would trust with my own capital. Though I am not a retail trader anymore - I still retain about 5% of my capital in Retail FX, which happens to be my Divisa Capital FX trading account.
I did not want to mention that before - although I joined them early last year, because the very first time you post that you have an account somewhere, the T2W police start claiming that you are some kind of spy, or that you are selling services that don't exist. So, I am so glad that you posted that fact that you now trade with Divisa Capital FX, because that means that I was not the first to say so on T2W, therefore, I cannot be accused of selling DCFX services.
Yes, it is true. They have some the fastest trade execution that I have seen in Retail FX. Yes, it is true. They have some of the best spread conditions throughout the trading day in Retail FX. Yes, it is true. This is a financial services company that also understand technology and that is crucially important to you as a trader. And, yes - they are the only true Currenex Hub deployment in Retail FX that I know of anywhere in the world. Others do have Currenex, but they do not have a fully deployed Currenex STP/Hub, because most of them are not Currenex technology certified.
There Currenex implementation is the fastest that I've seen in Retail FX - bar none. Also, they do not hide their liquidity sources from you - they tell you who they are up front - you get to see it on their website. Customer services is outstanding, friendly, courteous, polite and helpful. And, they always follow-up with me directly, whenever I have a question that cannot be answered right away.
This is the only Retail FX Intermediary that I would consider trading with at this time, outside of CitiFX - because Citi, regardless of anything else, is a real Bank and that means that they have have a much higher regulatory standard to abide by than all other FCMs.
Congratulations, Chriss. I am glad you found them. Happy trading.
BTW - Chriss. I'm trying to get ProTrader to add Divisa Capital FX back to their list of connections, and to add CitiFX to their connections list for the first time. This way, as a Retail Trader, you get some Institutional quality features and functions. You would be able to have an account with Divisa and CitiFX, while accessing both accounts simultaneously and trading from a single platform into the liquidity of both sources. You also would get the ability to create currency cross pair index instruments, where you can assign the currency pairs of your choice to a Custom Index that you can execute trades against simultaneously base upon the cost basis allocation that you defined when you set-up the custom currency pair index.
It also has an Arbitrager (currently being debugged) and if you do have multiple trading accounts, you can connect through ProTrader to both accounts and configure the Arbitrager to scan two independent and dissimilar liquidity pools (say, CitiFX and Divisa Capital FX) searching for arbitrage moments. The Arbitrager will automatically execute the initial pending order once an Arb moment is found, and then it will automatically execute the reversal order to capture the profit from the Arb moment - all based on bid/ask differentials that you decide on as you select the currency pair combinations that you wish to Arb.
The folks at ProTrader do have some issues that they know they need to work through. But, I've communicated with Alex, many times in the past and recently and I know that he is committed to making that platform the best that it can be. If you take away some of the bug issues, ProTrader is by far the most flexible and trader friendly Retail platform anywhere on the planet - bar none. My biggest complaint, is that they selected the .Net environment, but that can be worked through with better optimization in future releases, which I know Alex is working on. I submitted a bug in one of their "Indicated Margin" output values and it was fixed in one week. ProTrader also has back-end integration with Barclays Capital and Saxo Bank, and they are growing the list as they get solid requests to do so. They dropped PT Multi-Station, but in hindsight, I think it gives their small firm more room to focus on the things that are important to their company and it allows them more freedom to focus on ProTrader.
So, to answer your question directly - yes, someone here does trade with DCFX.
So, from one DCFX trader to another - Welcome!
