What is TrueFX?
TrueFX is clean, untouched liquidity direct from market making banks. TrueFX brings you real, dealable 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.
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.
Why did you create TrueFX?
In short, because we think it is the right thing to do. FX has historically been a rather opaque market 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 FX market will dramatically expand and attract more participants.
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.
How is TrueFX different from other forex websites?
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.
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.
Where does the data come from?
The data that feeds TrueFX comes from real market participants that are part of Integral's FX GridŽ. FX Grid is a global inter-institutional connectivity and trading network, linking market making banks and major financial institutions. TrueFX is an aggregated liquidity stream from multiple sources, including the largest financial institutions and FX market makers in the world.
How often is the data refreshed? How many intervals are there between each data point?
The data is displayed as tick-by-tick data. That means every time the market changes, the display is adjusted accordingly. This could be as frequently as several times a second, or every few seconds.
Is TrueFX a retail broker?
No, TrueFX is not a broker. TrueFX is a service brought to you by Integral, a neutral technology provider. As a retail trader of FX, you can access TrueFX prices through any TrueFX Partner.
Can I trade on TrueFX prices?
If you are interested in trading on TrueFX based prices, we encourage you to contact one of our TrueFX Partner brokers who would be happy to assist you.
How does TrueFX make money?
TrueFX is a service provided free of charge to the FX community by Integral Development Corporation. We are doing this for the FX community because we believe in market transparency and do not charge for the private use of the service.
Who can use the data available on TrueFX?
Everyone who has a registered and confirmed account on TrueFX.com can use the data. The TERMS and CONDITIONS can be viewed here.
If you are a retail broker interested in being a TrueFX partner, please contact us.