TRADENCY'S NEW MIRROR TRADING PLATFORM GOES LIVE ON FXCM LTD
/EINPresswire.com/ Tradency Inc., the creator of advanced technology for online forex trading, and FXCM LTD, one of the leading forex and CFD brokers, today announced that Tradency's new mirror trading platform will go live tomorrow for the first time in the western world at FXCM LTD. Traders with a Forex System Selector* account at FXCM LTD will have access to a range of new features introduced to enhance trading capabilities and take the mirror trading concept to the next level.
The mirror trading technology originated by Tradency provides traders with a gateway to a wide range of qualified and backtested forex trading strategies. It allows traders to "mirror" and instantly apply these strategies that have been developed by other experienced forex traders.
The platforms launch was recently announced by Tradency and is branded on FXCM LTD as the Forex System Selector. Registered users of this account type will benefit from the new platform's advanced tools and features, enhanced clarity, versatility, flexibility, and ease of use.
The platform's versatility and flexibility comes in the ease with which traders can switch between strategies; open, close or modify individual trading positions; or choose to shift from mirror trading to manual trading on this one platform.
Clarity is improved with the platform's new user-friendly graphical interface and rich graphic indicators, which have been designed to make reading and analyzing data as clear as possible. Accuracy is enhanced using the Smart Filter tool, which is designed to identify suitable strategies according to users' specific trading criteria. Strategy cards provide performance details and updates on individual strategies to help users choose the strategies they prefer. Also, new to the platform is a strategy scoring system called "T-Score", specially developed by Tradency. The "T-Score" analyzes each strategy's performance, paying extra attention to the risks and rewards, and how well it adjusts to changes in the market. A high "T-Score" indicates that strategies are performing well under current market conditions.
Together these features give users clearer, more accurate and up-to-date information about the trading strategies so they can make more educated trading decisions.
Lior Nabat, President and CEO of Tradency says, "The introduction of our new platform on FXCM consolidates the partnership that Tradency has developed with FXCM LTD, which has already enjoyed three years of success. We're delighted to see our new trading platform go live on FXCM LTD, a partner that has been enthusiastic about the benefits our technology can offer traders. FXCM LTD understands that our new trading platform represents a leap forward in forex trading technology that takes forex trading to the next level."
Drew Niv, CEO of FXCM LTD said, "At FXCM LTD we are always seeking ways to enhance the trading experience and product offerings by making it more versatile; and Tradency's new platform meets our high standards. Tradency understands the demands of our business and has delivered a responsive new trading platform that we are excited about putting into operation."
For further information about Tradency, please contact Jason Silberman at Koteret Group: Jason_s@koteret.com or Adam Murray at Koteret Group: Adam_m@koteret.com
About Tradency
Tradency Inc. is the developer and originator of Mirror Trading technology, which enables traders in foreign exchange to automatically evaluate and adopt global strategies. Tradency works with senior brokers from around the world. Tradency provides users with an analysis of the performance of trading strategies that attempts to be the most transparent in the sector. Tradency's Mirror Trading platform offers traders a flexible choice of combining its ground-breaking approach with traditional online trading methods. Since its inception in 2005, Tradency has pioneered this new method, creating a new category of platform trading. Tradency continues to innovate its services, reinforcing its reputation as the creator of cutting-edge industry practice.
www.tradency.com
About FXCM Holdings LLC
FXCM Holdings LLC (FXCM) is a leading global forex and CFD broker† that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world's most respected financial authorities.
At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients have market access to some of the world's largest liquidity providers which enables FXCM to offer clients spreads as low as 1 pip on major crosses. Clients also have the benefits of mobile trading, one-click order execution, and trading from real-time charts. FXCM's CFD product† offers no re-quote trading and allows traders to trade oil, gold, silver, and stock indices, along with forex on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading, and provides free news and research through DailyFX.com.
*Forex System Selector accounts are available through FXCM LTD.
†Please be advised that CFD accounts are not available to residents of the U.S. or its territories. Additionally, FXCM LTD offers spread betting exclusively to UK residents. Residents of other countries are NOT eligible.
Trading foreign exchange and CFDs on margin carries a high level of risk, and may not be suitable for all. Read full disclaimer.
www.fxcm.co.uk
Media Contact at FXCM:
Jaclyn Sales
jsales@fxcm.com
646-432-2463
The mirror trading technology originated by Tradency provides traders with a gateway to a wide range of qualified and backtested forex trading strategies. It allows traders to "mirror" and instantly apply these strategies that have been developed by other experienced forex traders.
The platforms launch was recently announced by Tradency and is branded on FXCM LTD as the Forex System Selector. Registered users of this account type will benefit from the new platform's advanced tools and features, enhanced clarity, versatility, flexibility, and ease of use.
The platform's versatility and flexibility comes in the ease with which traders can switch between strategies; open, close or modify individual trading positions; or choose to shift from mirror trading to manual trading on this one platform.
Clarity is improved with the platform's new user-friendly graphical interface and rich graphic indicators, which have been designed to make reading and analyzing data as clear as possible. Accuracy is enhanced using the Smart Filter tool, which is designed to identify suitable strategies according to users' specific trading criteria. Strategy cards provide performance details and updates on individual strategies to help users choose the strategies they prefer. Also, new to the platform is a strategy scoring system called "T-Score", specially developed by Tradency. The "T-Score" analyzes each strategy's performance, paying extra attention to the risks and rewards, and how well it adjusts to changes in the market. A high "T-Score" indicates that strategies are performing well under current market conditions.
Together these features give users clearer, more accurate and up-to-date information about the trading strategies so they can make more educated trading decisions.
Lior Nabat, President and CEO of Tradency says, "The introduction of our new platform on FXCM consolidates the partnership that Tradency has developed with FXCM LTD, which has already enjoyed three years of success. We're delighted to see our new trading platform go live on FXCM LTD, a partner that has been enthusiastic about the benefits our technology can offer traders. FXCM LTD understands that our new trading platform represents a leap forward in forex trading technology that takes forex trading to the next level."
Drew Niv, CEO of FXCM LTD said, "At FXCM LTD we are always seeking ways to enhance the trading experience and product offerings by making it more versatile; and Tradency's new platform meets our high standards. Tradency understands the demands of our business and has delivered a responsive new trading platform that we are excited about putting into operation."
For further information about Tradency, please contact Jason Silberman at Koteret Group: Jason_s@koteret.com or Adam Murray at Koteret Group: Adam_m@koteret.com
About Tradency
Tradency Inc. is the developer and originator of Mirror Trading technology, which enables traders in foreign exchange to automatically evaluate and adopt global strategies. Tradency works with senior brokers from around the world. Tradency provides users with an analysis of the performance of trading strategies that attempts to be the most transparent in the sector. Tradency's Mirror Trading platform offers traders a flexible choice of combining its ground-breaking approach with traditional online trading methods. Since its inception in 2005, Tradency has pioneered this new method, creating a new category of platform trading. Tradency continues to innovate its services, reinforcing its reputation as the creator of cutting-edge industry practice.
www.tradency.com
About FXCM Holdings LLC
FXCM Holdings LLC (FXCM) is a leading global forex and CFD broker† that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world's most respected financial authorities.
At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients have market access to some of the world's largest liquidity providers which enables FXCM to offer clients spreads as low as 1 pip on major crosses. Clients also have the benefits of mobile trading, one-click order execution, and trading from real-time charts. FXCM's CFD product† offers no re-quote trading and allows traders to trade oil, gold, silver, and stock indices, along with forex on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading, and provides free news and research through DailyFX.com.
*Forex System Selector accounts are available through FXCM LTD.
†Please be advised that CFD accounts are not available to residents of the U.S. or its territories. Additionally, FXCM LTD offers spread betting exclusively to UK residents. Residents of other countries are NOT eligible.
Trading foreign exchange and CFDs on margin carries a high level of risk, and may not be suitable for all. Read full disclaimer.
www.fxcm.co.uk
Media Contact at FXCM:
Jaclyn Sales
jsales@fxcm.com
646-432-2463
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