FXCM Strategy Trader Delivers the Next Evolution in Automated Trading

Discussion in 'Forex' started by FXCM-PR, Sep 13, 2010.

  1. FXCM-PR

    FXCM-PR ET Sponsor

    Code, Backtest, Optimize, Trade

    New York—September 13, 2010 FXCM Holdings LLC, a global leader in online forex and CFD trading,* recently launched Strategy Trader†—a free, all-in-one automated forex trading solution that allows clients to code strategies, perform advanced backtests, run detailed optimization analysis, and execute trades from a single platform.

    Automated trading has recently grown tremendously popular, and for good reason. For one, it can remove the emotional component of decision making inherent to trading. It also frees traders from constantly having to monitor the markets for trade opportunities, while still allowing them to place trades 24 hours a day.

    “We believe that our new platform is one of the most advanced retail products available on the market,” says Randy Rupan, Vice President of Systems Trading at FXCM. “Having historical data, advanced analytics, and integrated execution in one package with a price tag of free makes this a unique value proposition for the active trader.”

    Integrating seamlessly with FXCM’s No Dealing Desk forex trade execution system, Strategy Trader eliminates the need for software bridges and external APIs, which can result in faster and more efficient trade execution than other automated forex trading platforms. Strategy Trader also updates prices tick-by-tick, providing substantially more price data than platforms that update second-by-second. This feature can dramatically increase the number of potential trading opportunities since there are often multiple ticks per second.

    Additionally, Strategy Trader provides clients with 500,000 bars of historical data and the ability to backtest with both bid and ask prices. Over 40 unique performance reports are easily accessed, allowing clients to gain an in-depth understanding of their strategies’ potential in actual market conditions. Strategy Trader also gives traders access to exhaustive, genetic, and walk forward optimization tools, allowing traders to quickly find the most optimal strategy parameters and settings based on past performance.

    Why trade with FXCM’s Strategy Trader platform?
    • Strategy Trader is FREE to all FXCM account holders
    • Uses the C# programming language
    • Place trades on tick data
    • Free proprietary Grid Strategy Trader EA (stEA)
    • Over 100 pre-loaded indicators
    • Exhaustive, genetic, and walk forward optimization tools
    • No out trades, off quotes, or account syncing required
    • Integrated third party data, including DTNIQ
    • All orders sit directly on FXCM’s servers

    Try FXCM’s Automated Forex Trading platform, Strategy Trader now.

    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 forex 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. Forex Capital Markets Ltd’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.

    † Please be advised that this is a beta version. When you undertake transactions on an electronic trading system, you will be exposed to risks associated with the system including but not limited to failure of hardware or software, as such please be sure to review the execution risks.

    *Please be advised that CFD accounts are not available to residents of the U.S. or its territories. Additionally, Forex Capital Markets 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.