We spend a lot of time here at Currensee explaining what we do to other people. Traders, analysts, bloggers, journalists – all somewhat normal people with a common interest in Forex. When we describe Currensee, we talk about being a Forex trading social network. When you say “social network,” it’s hard not to mention the usual suspects like Facebook and Twitter (there I go again). That’s why I find it fascinating that there aren’t any other Forex-specific social networks out there and, believe me, I’ve looked.

Perhaps they are masked as forums like Forex Factory and the many other gathering places for Forex traders to converse. Or maybe they are happening in slices of general-purpose social networks, like the StockTweets Forex stream or certain Forex Facebook pages. But, as an avid social networker, when I look at the forums and online chatrooms, I don’t see a social network. I see a place where people create avatars and usernames and talk at each other, for the most part. The challenge is that you often don’t really know who FXPrincess or N00b2Forex are, the conversation is often very one-way and it’s not helping me grow my network of real Forex people. This brings me back to my question.

If chat rooms, message boards, and forums appear to be relics of the early web, why hasn’t Forex evolved with the rise of social media and social networks? If you’re out there, Forex social networks, please raise your hands.

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5 Responses to “Real Forex social networks where are you?”
  1. Josh Josh says:

    Hi Michelle, I guess you haven’t looked hard enough.. There is a new social forex community called Myfxbook, their website is http://www.myfxbook.com.

    Myfxbook are probably the first to connect your trading account with twitter, and they have a ton of unique features so they’re worth a look.

  2. Josh Josh says:

    Here’s another one for you: http://www.meetpips.com

  3. Hey Josh. Thanks for your comments. I took a look at myfxbook and they are definitely doing some interesting things, many of which sound like features we offer here on Currensee. Meetpips is a great site but one I would lump into the the world of forums. Thanks for reading the blog and sharing your ideas.

  4. Josh Josh says:

    Yes indeed, meetpips also targeted at the young crowd looking to share their trading experience on a very shallow level, while you and myfxbook target the much more professional/experienced traders.

    I’m sure much more social forex networks will pop out soon, as it seems this is the new trend.

  5. Hey Josh, I’m sure you’re right! I look forward to seeing how forex social networks emerge. Keep me posted if you come across any new ones in your travels!

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