Currensee, the social site for forex traders, launches today their Marketplace, where traders can purchase premium forex services in a unique “bucks” system. Here’s a review of the Marketplace, with special offers inside.
Currensee Marketplace. Click to enlarge.
This launch, about a month after Currensee opened its gates to the public, is one of Currensee’s important ways to make money. Currensee’s site is free to use, and has many benefits, including the social indicators. The very few advertisements aren’t enough.
So, the Marketplace is a big step forward to make money. I didn’t think that such premium services had serious demand. Well, according to a survey made by the New York Traders Expo, 20% of attendees spend more than $200 per month on premium trading services : software, coaching, newsletters, and more. Over 33% spend between $50 to $200 monthly. These figures exclude commissions.
So they definitely have a potential here.
You can either buy the Currensee bucks through the site, or get rewarded for by participating in the site in various ways. More information about the rewards program is available here.
At the moment, Currensee offers trading coaching services by traders such John Forman, Jason Jankovsky, Jerry Furst and Jeff Wilde. They also offer e-Books that from some of the aforementioned authors and by Toni Hansen. Newsletters are offered by Toni Hansen, Shaun Downey and by my FXTechStrategy.
I’m very glad to see that Mohammed Isah’s FXTechStrategy is one of the premium providers. I’m acquainted with his free analysis which I link to quite often.
As a promotion, Currensee are offering 30 bucks for people who join until November 30th. These 30 bucks can buy FXT Technical Strategist Plus – a daily newsletter that covers 4 currencies for one month. As another special offer, these 30 bucks can also the Professional Suite, covering 7 currencies. I think it’s worth checking out this service. These bonus bucks can be realized only until December 30th.
All in all, this a very interesting business model, and the premium services are worth checking out. In the future, more providers will be added. Still not on Currensee? Sign up here.Get the 5 most predictable currency pairs