About US

- Transparency
- Efficiency
- Customer focused team
- More than 15 years experience in the financial sector

Moneywheel Research

Moneywheel Research cPlc. was founded in Hungary by experienced traders. The development and implementation of low latency algorithms is our main goal, as traders we know exactly how important latency is in trading. Moneywheel Research was created to fulfill a need, over the years fellow traders, within our community requested help in creating a fast and reliable infrastructure for algorithmic trading.

In 2012 we launched our infrastructure in London’s Equinix LD4 datacenter, providing servers and connectivity to traders. We began the UltraFX services as a Club of Algorithmic Traders and that has carried through to the present. We believe that our clients deserve the best, we do not see them merely as customers but as fellow traders. That is why we continuously reinvest in our infrastructure, ensuring reduction of latency and therefore keeping our clients ahead of the others.

Customer service is exceptional at Moneywheel Research. Our global customer base includes algo trading propriety firms, individual traders and other financial institutions.

Company details

Name: Moneywheel Research Zrt.


Street: Munkas utca. 34.
City: Dunakeszi
ZIP: 2120
Country: Hungary

Phone: +36 20 469 59 59

EU VAT: HU23521050

Commercial Registration: 13‐10‐041215 (Pest County Court)

CEO: Peter Herczeg

Our Team

Peter Herczeg

He gained his degree in economics in 1997 and he started his career as a bond trader at the Takarek Broker Rt. brokerage firm in Budapest. Later he joined Procent Investment Rt. in Hungary. Over the course of the following years he gained experience in almost every field of the trade. He is one of the founders and a 50% partner of our company.

Nandor Herpai

In 1987 he accomplished his education in the field of electronics. In 1997 started his studies of practical trading methods at C.A. Miller Row & CO Ltd. (members of The Bond Exchange of South Africa and The South African Futures Exchange) independent floor traders. He was a technical analyst at the Hungarian brokerage firms Procent Investment Rt. and later BudaCash Zrt until 2004. He is one of the founders and a 50% partner of our company.

Szandra Fustos

She gained her degree in international relationship in 2010. She worked from 2005 to 2008 at Nexit Consulting as an assistant of the portfolio management. After she was a client account manager at Hamilton Zrt. brokerage. From 2015 she is working at Moneywheel Research as a Head of International Client Support.