BidFX
BidFX is a London-based cloud-native electronic FX trading platform connecting institutional buy-side participants with multiple liquidity providers across the global foreign exchange marketplace.
- Company typePrivate
- Founded2017
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
BidFX firmographics
Firmographics- Name
- BidFX
- Website
- https://bidfx.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- BidFX is a London-based cloud-native electronic FX trading platform connecting institutional buy-side participants with multiple liquidity providers across the global foreign exchange marketplace.
- Ownership category
- akta.pro rank
BidFX industry classification
Industry- Product category
- Electronic FX Trading Software
- NAICS
- Securities and Commodity Exchanges (5232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- FX Electronic Trading Platforms (Spot/Forwards/Swaps) (FSAFANAC)
- akta.pro secondary industry
- FX Swaps & Forwards Trading Venues (FSAFADAG)
Keywords
Where BidFX is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
BidFX business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
BidFX product offering
Product offeringCore offering
BidFX provides a cloud-based electronic foreign exchange (FX) trading platform for the global financial marketplace. The platform enables institutional buy-side and sell-side participants to execute FX trades, manage trading workflows, and access liquidity through a single integrated solution.
Differentiator
Problem solved
Functional benefit
Products and services
- BidFX Electronic FX Trading Platform
Companies that use BidFX
Customer profileIdeal customer profiles1 record
BidFX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
BidFX competitors and assessment
Company assessmentDirect peers
- TradingScreen: TradingScreen provides electronic trading platforms for institutional clients across multiple asset classes including FX, making it a directly comparable execution platform to BidFX for institutional buy-side and sell-side users.
- FlexTrade: FlexTrade offers multi-asset execution management and order management systems with strong FX trading capabilities, serving the same institutional client base as BidFX.
- Integral: Integral provides cloud-based FX electronic trading platforms and workflow solutions for banks and asset managers, positioning it as a close peer to BidFX in technology and target market.
- Currenex: Currenex is an electronic FX trading platform serving institutional clients with multi-bank liquidity and execution services, directly comparable to BidFX's offering.
Broad incumbents
- 360T (Deutsche Börse): 360T is a major institutional FX trading platform owned by Deutsche Börse, competing directly with BidFX for FX execution volume from banks, corporates, and asset managers globally.
- FXall (LSEG / Refinitiv): FXall, part of LSEG, is a leading institutional FX trading venue offering spot, forwards, swaps, and options execution, making it a primary incumbent competitor to BidFX.
- EBS (CME Group): EBS, operated by CME Group, is one of the largest institutional FX electronic trading platforms globally, directly overlapping with BidFX's core market in FX spot and forwards execution.
- Bloomberg FXGO: Bloomberg's FXGO is an established FX execution platform used by institutional traders, offering similar functionality to BidFX and competing for the same institutional workflow.
- Hotspot (Cboe FX): Hotspot, now part of Cboe Global Markets, operates an institutional FX ECN competing with BidFX for electronic FX execution volume from active traders and institutions.
Emerging players
- FXCM Pro: FXCM provides institutional and professional FX trading services including liquidity and execution offerings, overlapping with BidFX's institutional FX execution focus.
Market position
Customer concentration
BidFX social profiles
Digital presenceBidFX financial estimates
Financial estimateRevenue estimate
Valuation estimate
BidFX leadership team
Management profileNumber of profiles
Profiles4 records
BidFX funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BidFX M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BidFX
What does BidFX do?
BidFX provides a cloud-based electronic foreign exchange (FX) trading platform for the global financial marketplace. The platform enables institutional buy-side and sell-side participants to execute FX trades, manage trading workflows, and access liquidity through a single integrated solution.
Is BidFX a public or private company?
BidFX is a private company. It is classified as venture growth investor backed and is currently operating.
When was BidFX founded?
BidFX was founded in 2017. It employs 101 to 250 people.
Where is BidFX based?
BidFX is headquartered in London, United Kingdom, in the Europe region.
Who are BidFX's main competitors?
Direct peers on record are TradingScreen, FlexTrade, Integral and Currenex. Broad incumbents are 360T (Deutsche Börse), FXall (LSEG / Refinitiv), EBS (CME Group), Bloomberg FXGO and Hotspot (Cboe FX). FXCM Pro is listed as an emerging player.
Does BidFX have an API?
No public API is recorded for BidFX.
What industry is BidFX in?
BidFX's product category is Electronic FX Trading Software. Its primary akta.pro industry code is FSAFANAC, FX Electronic Trading Platforms (Spot/Forwards/Swaps), with a secondary code of FSAFADAG, FX Swaps & Forwards Trading Venues. Its NAICS code is 5232 and its SIC code is 6200.