What is TrueFX?
TrueFX is a true representation of where the institutional markets are trading FX and crypto currencies. TrueFX brings you indicative and event-driven prices aggregated from real market participants, delivered directly to you with no intermediary. We bring you real-time and historical tick-by-tick market data, 24 hours a day, whenever markets are open.
Why did you create TrueFX?
In short, because we think it is the right thing to do. FX and cryptocurrencies have historically been rather opaque markets with uneven access to liquidity and tools to effectively participate and win. We believe that by lowering the barriers to entry, reducing costs and friction and by increasing transparency the markets will dramatically expand and attract more participants.
How is TrueFX different from other market data sites?
TrueFX is the first destination to offer historical and real-time tick-by-tick data for free. Historically, this data has been costly and thus only available to the larger market participants. Our Professional and Institutional premium packages are extremely competitively priced to ensure the barriers of entering the market are significantly reduced for participants.
Where does the data come from?
The data that feeds TrueFX comes from a global network of financial institutions that trade FX, metals and crypto assets using Integral’s technology. TrueFX is an aggregated liquidity stream from multiple sources, including the largest financial institutions and FX market makers in the world. FX and metals prices are sourced from Integral OCX, a high-performance trading network, linking market making banks and major financial institutions. Crypto assets are sourced from Mint Exchange, the first clearinghouse for institutional investors.
Is TrueFX a retail broker?
No, TrueFX is not a broker. TrueFX is a service brought to you by Integral, a neutral technology provider.
Who is TrueFX?
TrueFX is brought to you by the team at Integral, a technology provider of trading systems to foreign exchange market participants. Our solutions support all market players with solutions to enable FX trading for anyone, anywhere.
How can Integral do this?
We can do this because Integral is not a broker, bank or active market participant. Integral is a neutral technology provider. We have always used our technology to help market participants build their businesses, reach their goals and provide the most sophisticated trading environment to their users. We have a history of pushing the envelope in foreign exchange technology: We built the first multi-sided trading network and offer all our products as on demand services. In that spirit, we decided to build TrueFX.
Who uses TrueFX?
Anyone who has an interest in currency rates is welcome to take advantage of TrueFX. That might be a university with specific research needs, an algorithmic trader, or individuals who want to better understand and compare the rates they are being charged with what the market truly is.
Can I trade on TrueFX prices?
TrueFX market data is indicative, meaning the prices provide a true representation of where the markets are trading but are not executable prices. However, the data can be used in a wide range of workflow scenarios, for example, enhanced price verification, historic back-testing and generating a base price for onward distribution.
Who can use the data available on TrueFX?
Everyone who has a registered and confirmed account on TrueFX.com can use the data based on their subscription plan. The TERMS and CONDITIONS can be viewed here.