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Currensee reports a doubling in applications to the Trade Leaders program from Forex money managers

BOSTON, March 31, 2011 – Currensee, (www.currensee.com), the alternative investment service that gives investors unique access to the world currency markets, is proving popular with growing money managers eager to find new retail investors. Currensee has seen the proportion of applications from Forex money managers to the Trade Leaders™ Investment Program double since January 2011. The program allows retail investors to automatically replicate the trades of some of the most successful traders in the world, called Currensee Trade Leaders.

Trade Leaders receive 15 percent of the monthly profits they generate for the investors that have chosen to automatically follow their trades. More than $3 billion has been traded through the program since its launch in October 2010. The program is available worldwide and has investors from more than 50 countries, giving money managers the ability to grow their businesses globally without the headache of marketing, operations and reporting.

“We’re impressed at how quickly investment companies and professional money managers have applied to become Trade Leaders in order to access new markets,” said Dave Lemont, CEO of Currensee. “It shows that many companies are keen to try out new ideas that might give them the edge in attracting global investors and new assets without additional sales or operating expense or effort.”

Of the 14 Trade Leaders selected by Currensee after extensive checks and analysis, 11 are money managers, including three recently added Trade Leaders – Gabor FX, a Hungarian trading group, Trader Tradingsystema, a Swiss investment company, and Joiny FX, a Chinese money management firm.

Joiny FX has been trading Forex for six years. They run a private investment fund and manage an international client base, with most trading volume happening in the early European session. JoinyFX’s Trade Leader profile and performance history are at http://app.currensee.com/forexpert/forex-trading/profile/JOJAR.C.

“It’s an honor to qualify and join this elite group of trading experts who can share their expertise and professionalism with investors who are turning to Forex investing as an alternative asset class,” said Joiny Jiang, principal at Joiny FX. “The Forex market is uncertain enough with investors not knowing how to distinguish good from bad investments, but Currensee is bringing trust and transparency to the space, enabling both traders and investors to self-direct their investments based on real, verifiable data.”

Gabor FX is a Hungarian professional trading group that primarily trades the EURUSD, GBPUSD and USDCHF, using technical analysis and the well-known Turtle Trading System. One of Gabor FX’s accounts is a position trading account with an average duration of 25 hours and consists of 10 trading strategies that are monitored 24 hours a day. The other Gabor FX B account focuses on special situations and longer trade durations. Gabor’s profile and history are at http://app.currensee.com/forexpert/forex-trading/profile/GAFLL.B and http://app.currensee.com/forexpert/forex-trading/profile/GAFLL.C.

Trader Tradingsystema is a Switzerland-based money manager that has been successfully navigating Forex for six years. The firm focuses on short-term targets in the EURUSD, with average trade duration of four hours. Trader Tradingsystema runs a closely supervised automated system that firmly manages risk. Their profile and history are available at http://app.currensee.com/forexpert/forex-trading/profile/ANBZN.A.

Currensee is accepting applications for Trade Leaders from up and coming money managers at www.currensee.com/tradeleaders.

About Currensee
Currensee is the alternative investment service that puts the power of world currency markets in the hands of every investor. With the Currensee Trade Leaders™ Investment Program, investors build their own automated trading portfolios of Trade Leaders, top foreign currency traders hand picked from the thousands of members of the Currensee social network. The program offers investors an alternative to traditional asset classes and Trade Leader performance is completely uncorrelated to the stock market. Currensee delivers complete account control to investors, who can see every trade in real time, manage and modify investment allocations with one click and benefit from the safety and security of proprietary online investing technology. Currensee is funded by North Bridge Venture Partners, Egan-Managed Capital and Vernon & Park Capital and is a member of the National Futures Association (NFA) and registered by the Financial Services Authority (FSA). For more information, visit us at www.currensee.com. Find us on Facebook, follow us on Twitter, and watch us on YouTube.

Please note that over the counter retail foreign currency (Forex) trading may involve significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading, and seek independent advice if necessary. Performance, strategies and charts shown are not necessarily predictive of any particular result. Past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

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Media Contact:
Samantha McGarry
InkHouse (on behalf of Currensee)
781-791-4552
currensee@inkhouse.net

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

This past Saturday March 5th - CEO, Dave Lemont was featured on Unlock Your Wealth Radio. Below is a short blurb about the radio show as well as a link to listen. Enjoy!

Listen here --> Scroll down to the On Demand Episode March 5, 2011 episode

Investing expert Dave Lemont joins us in the first hour. Dave Lemont is Currensee's CEO. Prior to Currensee, Dave was the CEO of AppIQ, the leader in storage management software, which was acquired by HP. Investors were happy with a 6x return, $30M run rate and over 300 enterprise customers in just two years. Stuart Vener drops by in the second hour. Stuart Vener, President of the Wilshire Holding Group, Inc. has a varied and extensive career in business and real estate related activities. Vener is one of America's most knowledgeable real estate investors/consultants. He provides expert information as a guest on radio shows throughout the country, and regularly appears as a mortgage and real estate expert on Fox News. Join us each week where we talk about crisis management and financial wellness tools designed to help you manage your finances and attitudes for achieving financial wellness today and financial Independence for the future. With our Investor's Edge, Millionaire Minute, Keys To Riches, Minutes on your Money segments with special guests, celebrities and the financial gurus of our times, finally...financial freedom can be yours at http://www.unlockyourwealth.com

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

As promised we have our next victim, meet Matt Arguin.

  • Official title - Operations Engineer
  • Unofficial title - Head hull scraper, the other ops guy, that guy over there
  • Where are you from? - Mattapoisett, MA
  • Journey to Currensee - UNH Grad 1997 (Go Wildcats!), been working as either a network engineer or systems admin/operations engineer since graduation.
  • Favorite thing about the office - It's in the North End ... what else do you need???
  • I would never trade my ... penguin slippers.
  • When I’m not rockin’ it at Currensee ... you’ll find me sliding down the side of mountains or on my boat.
  • Favorite quote/expression that can be used in any situation - "I'm Batman"
  • My celebrity doppelganger is ... please refer to the picture to the right.

Ever have a question for an employee simply post it in the comments section. Stay tuned for next week's employee dose.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Here at Currensee we are a tight-knit group of engineers, designers, and marketers. The start-up atmosphere means we work hard and long, and get to know our team pretty closely. Each week our employee spotlight will profile one of our amazing team members. This week we'd like to introduce Brien Wheeler.

Official title: Vice President of Engineering

Unofficial title: Chief Cat Herder

From: Newton, MA

Journey to Currensee: Bachelor's and Master's degrees in Computer Science in 1990/1991.  Bit by the startup bug in 1995 while at Raptor Systems.  Have built and/or led engineering teams at seven startups including Currensee.

Favorite thing about the office: Learning about people's diverse interests at biweekly after work bull sessionsBrien Wheeler

Favorite project here at Currensee: Full-stack integration testing

I would never trade my Wusthof knives.

When not rockin' it at Currensee, you'll find me doing the foodie thing -- checking out good restaurants and bars, cooking for dinner parties.

Favorite expression: Sometimes even a blind squirrel finds a nut or two.

Celebrity doppleganger: The Currensee superhero (pssst this was Brien's Halloween costume!)

Stay tuned for next week's employee spotlight.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

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Here at Currensee HQ we often talk endlessly about the amount of cupcakes and mozzarella we consume because of our location in the "little Italy" of Boston. But a side of us we rarely talk about is our athletic side. As one of the newer Currensee team members I was overjoyed to find out that many of my fellow co-workers were athletes. We have boxers, runners, and cyclists. As a runner myself I found an immediate home with the Currensee team - the workout team that is.

This past Sunday Asaf Yigal, Shereen Shermak, and myself participated in the Scituate Duathalon. What's a duathalon you ask? Well take the swimming out of a triathalon and it's a RUN, BIKE, RUN. As firm believers in community, collaboration, and teamwork the three of us decided to sign-up for this race.

As we gathered in the early morning hours we were less than thrilled to get going. Talk of faking illness, ailments, and broken brakes consumed our thoughts. Although we were chilly we forged ahead and each completed our first ever duathalon (and with pretty decent times I might add!).

This morning the office has been buzzing with excitement from our race. Talk of that crazy girl that beat us all, the time penalty someone (cough cough Asaf cough cough) received, and how our legs felt like Jello before our third and final leg of the race. Thank you to everyone who supported us and sent along their good luck wishes. We'll keep you posted on our next adventure. Happy Running, I mean Trading!

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Currensee and FXCM present: Learn When to use Range Trading Strategies with DailyFX Quantitative Analyst David Rodriguez.

Thursday, October 14, 2010 at 1PM EST - Sign up here.

Join David Rodriguez to learn about how to use FX Options prices to determine when to use Range Trading strategies. Through this webinar you will find specific resources to use FX Option market volatility expectations to fit particular trading techniques to the market environment. We will backtest ideas and show hypothetical returns of using a volatility filter on the popular RSI trading strategy.

* See how FX Options markets can provide forward-looking volatility expectation
* Use volatility expectations to adjust your trading strategies
* Show hypothetical results using volatility and Relative Strength Index (RSI)

Sign up here.

About our guest presenter:
David Rodriguez is a quantitative analyst for DailyFX.com, specializing in statistical studies in currency trading markets and algorithmic trading systems for the Managed Accounts Programs offered by parent company, FXCM. He holds a degree in Economics from Williams College with heavy emphasis on quantitative methods and began trading financial markets in the tech boom and bust of 1999-2001. Since then, David's primary focus has shifted from equities to currency markets, but he continues to trade futures and futures options on a broad range of asset classes as well as currencies.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Watch last week's Forex Trading Psychology webinar with Navin Prithyani below. We hope you enjoyed this unique perspective on Forex trading as much as we did.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Back by popular demand! Currensee and SpotEuro have partnered up to provide real-time analysis and commentary during the release of this very important economic indicator. Don’t miss out on a great opportunity to learn how to trade this economic report and ask questions while the market is moving.

Tomorrow, Friday, October 8, 2010 8:00 AM - 9:30 AM EDT --> Sign up here.

What will be covered:

- EUR/USD will be emphasized
- Learn how to trade during news events
- See how technical analysis is applied to live market charts
- Support and Resistance levels will be determined before the release
- Ask questions while the market is moving

About SpotEuro:
SpotEuro Forex Trading Signals was established to help novice Forex traders trade successfully.  Throughout the first several years of trading, more than 90% of Forex traders fail. Many are not lucky to last that long and blow up their accounts within the first couple of months. Most failure is due to a lack of discipline.

About our presenter:
Alex Kazmarck brings 10 years of market analysis experience and will talk about the price action as it is occurring before, during, and after the release of the Non-Farm Payrolls data.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Today marks a big day in Currensee history. Currensee Limited, the UK subsidiary of Currensee, Inc. has opened. What does it mean for Currensee? Well, now Currensee is able to better serve the London and Europe community. This is quite the milestone for us as we continue to build our business outside the United States.

The opening of the Currensee UK office follows the our recent approval by the Financial Services Authority (FSA), the UK financial services regulator. Currensee UK will be led by Managing Director, Steve Winters, who joined Currensee as director of business development in 2009. Of the opening Winters says, "I’ve worked with some of the top Forex brokers over the past ten years and came to Currensee because of their cutting-edge offerings for traders, investors and brokers. The Forex opportunity in the UK and Europe is explosive and Currensee brings just the products and services this growing market needs.”

To read our full press release click here. For more information about Currensee head over to our website, Twitter, or Facebook.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Why do people - and traders - do what they do? Why do traders sometimes do what they know is the wrong thing? How can we learn the right behaviors and stop doing the wrong ones? Join us for this practical webinar, 8AM EST tomorrow, and learn about important concepts in the Forex Trading mindset, and review actual trades taken at the London market open. Urban Forex analyst Navin Prithyani will share his experience and introduce you to these trading psychology concepts and tools:

* Knowing in advance what you want from a trade
* Sticking to your plan
* Practicing and applying techniques to daily trading

Sign up here:

The webinar is free and suitable for traders from beginner to professional. At the end of the session there will be time for audience Q&A with Navin and all attendees will get a special offer from the Currensee Marketplace and Urban Forex.

About Navin Prithyani:
Navin Prithyan started his Forex journey in his teens. Trading and testing several systems and trading strategies in the beginning, Navin has been a great contributor in the Forex industry. With over 6 years of experience, he today runs forexwatchers.com and teaches individuals how to trade the empty charts using little to no indicators. All his methods are shared widely within the Forex community and are free of charge.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.