MetaTrader Australia » FX Broker

Panda TS Releases Platform for Integrating Proprietary Trading Systems

MetaTrader Global — Wed, 27 Apr 2011 01:03:13 +0000

Panda TS Releases Platform for Integrating Proprietary Trading Systems with MetaTrader 4

Panda TS, a global leader in FX technology, today announced the launch of Panda Sync Server, a product which enables FX brokers to integrate and synchronize MetaTrader 4 with their existing proprietary systems. This eliminates the need to operate two trading environments, reducing cost and complexity.

Today’s retail FX world is becoming increasingly competitive, and brokers are adding more services to attract new customers. One such service is the popular MetaTrader 4 (MT4). Brokers are adding MT4, or other third-party platforms, alongside their proprietary trading platform—but then find that they are forced to operate two or more separate trading environments. This adds overhead, cost and complexity, and scatters valuable customer data across multiple separate information systems.

Panda Sync Server solves the problem by offering multi-way synchronization between MT4, other third-party trading platforms, and a broker’s proprietary trading system. Panda Sync Server does not add one more central system—it simply pushes MT4 data to the existing proprietary systems. Brokers can integrate MT4, or other third-party platforms, and deliver immediate value to traders, without affecting their business.

Panda Sync Server is most suitable for top-tier FX brokers, which already offer MT4 as an additional trading platform, or are considering adding it. Because these brokers manage a large volume of customers and transactions, maintaining two separate trading platforms becomes a major challenge. With Panda Sync Server, large brokers can add MT4 to their service offering without sacrificing scalability and agility.

“We have recently implemented Sync Server at a top-ten FX broker, and I was very pleased with the results” said Sam Gutman, CEO of Panda TS. “Our dedicated integration team was able to complete the project in only a month, and our client was immediately able to offer MT4 services to traders and second-tier brokers. In parallel, the client substantially reduced operating costs and complexity, by managing only one trading environment, instead of two.”

GFT LAUNCHES METATRADER 4 TO THE GLOBAL FOREX MARKET

MetaTrader Global — Wed, 27 Apr 2011 00:54:00 +0000

MT4 marks the newest addition to GFT’s award-winning trading software offerings

GFT, a worldwide leader in online currency trading, announced today that it has added MetaTrader 4 (MT4), an online automated trading application, to its suite of award-winning DealBook® trading software offerings.

GFT customers have always enjoyed the benefits of the DealBook® suite of trading software and now have an additional option for online trading, technical analysis, and now automated trading with the MT4 platform. Automated trading has captured the interest of a growing number of traders in recent years and combining that functionality with the execution, pricing, and service of GFT creates opportunities for GFT customers with another powerful approach to the FX trading markets.

“Our goal has always been to give our customers the tools that they need to trade quickly, efficiently and securely,” said Gary Tilkin, president and CEO of GFT. “Our customers asked us to integrate an automated trading solution so they could leverage those tools and strategies while still enjoying the GFT benefits of great execution, service, security, and competitive spreads. We are pleased to offer this new option and recognize the importance of this type of tool among traders today. I believe that traders who have used MT4 with other brokers will enjoy a real difference trading with GFT. In addition to this automated platform, GFT will offer a number of new products and platforms to our customers in markets around the world over the coming weeks and months.”

GFT has been voted top FX broker over the years by numerous organizations, including Smart Investor, The Bull and Shares Magazine. That’s because traders who voted know that GFT is a dealer that provides competitive pricing, spreads as low as 0.8 and an award-winning software platform. And now, GFT offers auto-trading tools with MetaTrader 4.

Source: www.actionforex.com

FxPro announces plans to expand

MetaTrader Global — Fri, 28 Jan 2011 20:04:26 +0000

FxPro announces plans to expand its geographic reach and core product offering in 2011

FxPro Financial Services Ltd (FxPro), an award-winning global retail broker in FX and CFDs, today announced its strategic intent to continue its exceptional growth of 2010, with further expansion of its geographic reach and core product offering in 2011.

2010 was another record year of business development for FxPro. Trading volumes on its internationally popular www.fxpro.com platform grew by just over 20%, from $440 billion in 2009 to over $530 billion. Increased efficiencies and a focus on providing consumer-centric services for retail traders across the globe helped FxPro realise a net profit growth of over 50% on 2009.

The past 12 months also saw the global FX broker expand its international footprint with a new representative office in Spain (Madrid) and UK subsidiary company, FxPro UK Limited – both of which have already boosted business penetration within their respective markets. Servicing a diverse client-base in 149 countries, FxPro launched innovative BlackBerry® and iPhone-based mobile trading platforms, to offer even greater flexibility and global reach.

Recently awarded the top honour of ‘Forex Provider of the Year’ at the prestigious FT Investors Chronicle Awards 2010, FxPro is finalising a bespoke range of FX & CFD products and is researching physical expansion into the Middle East, Asia and Australia.

Denis Sukhotin, founder of FxPro, commented: “In 2011, FxPro will expand its on-the-ground presence in key growth markets and enhance its services portfolio with a number of innovative new products. Providing all of our clients worldwide with the highest standards of service and research, and the very best spreads and pricing in the industry, remains central to our offering. Our goal is to be the world’s preferred FX broker and everyone associated with FxPro is focussed on delivering upon that charter.”

The FxPro website can be accessed at www.fxpro.com

MetaTrader 4 to Proprietary Trading Systems Platform Released by Panda TS

MetaTrader Global — Thu, 25 Nov 2010 01:50:30 +0000

Panda Sync Server – MetaTrader 4 to Proprietary Trading Systems Platform Released by Panda TS

Panda TS, which makes products for the forex market, announces a new product for forex brokers that aims to simplify and to lower costs. It allows the integration of the popular MetaTrader 4 platform with other systems that already exist.

Panda Sync Server solves the problem by offering multi-way synchronization between MT4, other third-party trading platforms, and a broker’s proprietary trading system. Panda Sync Server does not add one more central system—it simply pushes MT4 data to the existing proprietary systems. Brokers can integrate MT4 (http://www.pandats.com/products.asp?p=panda_sync_server), or other third-party platforms, and deliver immediate value to traders, without affecting their business.

“We have recently implemented Sync Server at a top-ten FX broker, and I was very pleased with the results,” said Sam Gutman, CEO of Panda TS. “Our dedicated integration team was able to complete the project in only a month, and our client was immediately able to offer MT4 services to traders and second-tier brokers. In parallel, the client substantially reduced operating costs and complexity, by managing only one trading environment, instead of two.”

Panda Sync Server includes:

Data Feed Adaptor for MT4
Trading Hub with 2-Way Synchronization Engine
Administration Hub with 2-Way Synchronization Engine
Direct Access to MT4 Modules
Support for Unlimited Trading Interfaces

Source: www.forexcrunch.com

IBFX 10% Deposit Match is back

MetaTrader Global — Wed, 29 Sep 2010 03:42:55 +0000

The 10% Deposit Match is back!

New and existing Interbank FX clients can earn a 10% deposit match on deposits over $2,000 by October 18, 2010.

Trading requirements apply

Here is a brief description of the promotion:

10% Deposit Match

This promotion is available to all existing and new clients
Any customer with deposits over $2,000 by October 18, 2010 will be automatically enrolled into the promotion
Transfers between Interbank FX trade accounts do not qualify
Clients must trade the minimum lot requirements
Promotion ends October 18, 2010
Other terms & conditions apply

For more details please go to http://www.ibfx.com/Promo/TenPercentPromo.aspx

Free IBFX Demo Account
Open a Live IBFX Account

FXDD Wins 6 Traders Choice Awards

MetaTrader Global — Sun, 05 Sep 2010 23:59:16 +0000

FXDD, a leading online Forex broker, has received six 2010 FX Traders’ Choice Awards, including the Eagle Award for top honors in the Global FX Broker – Best Overall category. FXDD also took the Falcon Award in each of the following categories:

Best Overall, Trading Platform
Customer Service Department
Accounts Department
Funding Department

Out of 100 international brokers, an elite group of 13 were qualified as Global FX Brokers. The 2010 FX Traders’ Choice Awards evaluated trader satisfaction by continent; FX traders in the Americas rated close to 100 brokers, and identified FXDD as one of the top three firms in Client Satisfaction. Both Forex Datasource and IBTimesFX , organizers of the FX Traders’ Choice Awards, were proud to present the Falcon Award to FXDD for High Broker Satisfaction in the Americas.

“The performance of FXDD during this year’s FX Traders’ Choice award is nothing less than stellar,” says Javier Paz, creator of the Awards and CEO of Forex Datasource. “The results of these awards are free of commercial interests and are more sophisticated than any broker awards out there. FXDD demonstrated that it is one of the most recognized broker names in Forex, and that it serves its clients extremely well.”

Sonny Kwon, co-organizer of the Awards and Head of Development at IBTimes, added: “The International Business Times family is proud to be associated with the 2010 FX Traders’ Choice Awards, and congratulates FXDD on winning such a high number of awards this year.”

Accepting the awards on behalf of FXDD, Tom O’Reilly-Senior Vice-President of Sales, stated, ”We are honored at this major accomplishment. It is a testament of the fact that the vision of our CEO, Joseph Botkier, of putting the client first was 100% accurate. In today’s very competitive FX broker market, many offers are similar, but we are pleased to be the ones who take the time to listen and help clients when we talk to them.”

For additional information regarding the 2010 FX Traders’ Choice Awards and to view footage from the Awards ceremony, visitors are encouraged to visit FX Traders’ Choice Awards Site.

About FX Traders’ Choice Awards

The FX Traders’ Choice Awards are the result of a partnership between Forex Datasource and International Business Times (IBTimes) over the course of two years. In this partnership, IBTimes employs its vast global readership to gather votes, while Forex Datasource uses its market research expertise to analyze the results independently of commercial considerations. The Awards are generated using the input of thousands of retail Forex traders from over 110 nations. The high integrity, scientific approach to data analysis, and vast geographic scope of the results make the FX Traders’ Choice Awards the most reliable broker distinctions in the retail Forex industry.

About FXDD

FXDD, a registered Foreign Exchange Dealer and member of the National Futures Association, headquartered in New York City, is a leader in online Forex trading dedicated to providing superior customer service, powerful trading technology, and reliable streaming liquidity. FXDD provides services to individual and institutional traders, hedge funds, commercial entities, brokerage firms and money managers around the world. FXDD offers 24-hour Forex trading by way of its trading platforms, which include: Metatrader, FXDDTrader, PowerTrader and FXDDAuto. The Company’s services currently provide competitive interbank pricing, no-interest accounts, and fully-automated execution. FXDD also provides 100:1 leverage as well as competitive bid-to-ask spreads (2-3-wide on most majors).

IBFX Acquires an Australian Licence

MetaTrader Global — Sun, 29 Aug 2010 23:00:54 +0000

IBFX Australia Pty Ltd. Acquires Business Licence to Open Doors in Sydney, Australia

“I am eager and confident as we launch our Australian offering, furthering our global expansion,” said Todd Crosland, chairman and president of IBFX Holdings LLC. “Our ASIC registration will allow us to continue to deliver world class technology solutions and exemplary customer experience to retail traders worldwide.”

Located in the heart of downtown Sydney, IBFX Australia Pty. Ltd plans to follow in the footsteps of its sister company, providing transaction transparency and improving industry standards for foreign exchange.

“We bring with us to Australia our transparent business model and focus on customer care, something we feel sets us apart from competitors,” said Crosland. “As always, we find it vital to provide the best possible trading experience for our customers. That’s how we want do business. That’s our culture. That’s our technology.”

As the popularity of forex trading rapidly grows around the world, IBFX Holdings LLC recognizes the need for increasing levels of access and technology.

IBFX Holdings LLC, parent company of leading U.S. off-exchange retail foreign currency (forex) broker Interbank FX LLC, announced today the opening of its Australian subsidiary, IBFX Australia Pty. IBFX Australia Pty. Ltd. has obtained a license with the Australian Securities and Investments Commission (ASIC) and will offer comprehensive services for retail and institutional customers beginning September 1, 2010.“I am eager and confident as we launch our Australian offering, furthering our global expansion,” said Todd Crosland, chairman and president of IBFX Holdings LLC. “Our ASIC registration will allow us to continue to deliver world class technology solutions and exemplary customer experience to retail traders worldwide.”Located in the heart of downtown Sydney, IBFX Australia Pty. Ltd plans to follow in the footsteps of its sister company, providing transaction transparency and improving industry standards for foreign exchange.

As the popularity of forex trading rapidly grows around the world, IBFX Holdings LLC recognizes the need for increasing levels of access and technology.

IBFX Australia Acquires Licence

admin — Wed, 25 Aug 2010 22:47:15 +0000

IBFX Australia Pty Ltd. Acquires Business Licence to Open Doors in Sydney, Australia

As the popularity of forex trading rapidly grows around the world, IBFX Holdings LLC recognizes the need for increasing levels of access and technology.

MetaTrader Tips – Stop Orders

admin — Mon, 17 May 2010 02:09:51 +0000

How do stop orders work in MetaTrader?

Buy stop, Sell stop and Stop loss orders do NOT guarantee an order will be filled at a certain price. Your specified price is known as the stop price. Once the stop price is met or exceeded, the order becomes a market order. Market orders instruct the broker to fill the order at the next available market price.

The execution price of a buy stop, sell stop or stop loss can vary from the stop price. This occurs most commonly during significant market moves or gaps. Often these price gaps are the result of economic news releases such as the US non-farm payroll report, and may also occur over a weekend when trading is closed. Keep in mind that in a volatile market substantial losses may occur and orders may not be filled as placed.

Source: IBFX

Retail forex trading grows by 16% in 2009, Hedge Fund volumes decline

admin — Tue, 04 May 2010 23:10:09 +0000

Global currency trading volume declined 6 percent to just under $100 trillion last year, after setting records in 2007 and 2008, as hedge funds placed fewer trades than in previous years, Greenwich Associates said.

Trading by fund managers fell 23 percent in 2009, leading the declines among the 1,497 corporate and institutional customers surveyed by Greenwich Associates in North America, Europe and Asia, according to the Stamford, Connecticut-based financial-market research company. The drop was partially offset by trading at retail platforms, which grew 16 percent, and by corporations, which rose 10 percent.

“Hedge funds have been a major driver of FX growth for the last several years and when their volume slows down, and it did a lot, the market as a whole feels it,” said Peter D’Amario, a Greenwich Associates consultant in Stamford. “You haven’t seen the opportunities that are generating a need to trade. Reduced volatility has reduced opportunity.”

Foreign-exchange trading volumes dropped as market stability returned in 2009, following the unprecedented volatility of 2008, as financial system turmoil spurred an increase in activity among companies and large financial institutions.

Foreign-exchange volatility, a measure of risk implied by option prices, reached a 19-month low in April, a JP Morgan Chase & Co. index showed, after trading the highest level since at least 1992 in 2008. Options traders expected on April 15 that currencies of the Group of Seven industrialized nations would fluctuate by an annualized 10.47 percent in three months, the lowest since September 2008. It reached as high as 26.55 percent on Oct. 24, 2008.

Source: Bloomberg by Ben Levisohn