RoboForex Inaugurate Citibank As Liquidity Provider

Forex broker RoboForex, is developing its business innovation, especially for their office in Cyprus. Amidst the many programs promoted by this new broker, one of the newest programs is the addition of a liquidity provider, namely Citibank. Citibank has been one of the world's leading financial services institutions for almost half a century.


The name Citibank may already be familiar to our ears. For information, Citibank is a business group based in New York, United States, one of which is the largest financial institution with thousands of offices spread worldwide. Thus it is not surprising that Roboforex chose Citibank as a liquidity provider (LP), so that the clients of this broker now get access to deeper liquidity pools with a more varied trading instrument.

Citibank's popularity as an LP in Cyprus did not immediately accelerate. First, the TopFX broker joined in August 2013, then in September Saxo Bank, and now it's RoboForex. The increasing number of forex traders in the world has made brokers compete fiercely, one of which is providing LPs with deep liquidity. In addition, with the heat of competition between brokers, it means that the brokers will tighten the spreads, and the ion of the right LP will allow traders to dive directly into the liquid pool without any intervention from the broker.