FXOpen stands as a global forex broker and has made a new announcement on Monday. According to this announcement, FXOpen has successfully launched TickTrader, which is a new trading platform that allows a client to trade in a vast array of assets. Traders are capable of doing this all through a single trading account, as well.
Serving A Variety Of Traders
Through the use of TickTrader, in particular, users will be capable of trading a large selection of financial asset classes. These classes are cryptocurrencies, indices, stocks, forex, as well as commodities. Users will be capable of doing this all through the use of a single trading account, according to the statement the company made today.
TickTrader will also be capable of facilitating deliverable trading, as well as margin trading, within its multi-asset trading platform. Traders can do so through the platform directly, or through the use of a REST, FIX, or WebSocket API, as well.
Prioritizing Client Profit
Through the statement from the broker, it can be learned that the new platform of FXOpen will be capable of doing everything from backtesting, to trading tools, to heat maps. Alongside this, TickTrader will also be capable of being fully customizable to the trader in question. TickTrader will be added to the existing trading platforms available to FXOpen clients, as well. This includes its mobile trading platform, as well as MetaTrader 4 and MetaTrader 5.
FXOpen gave a comment about the launch of its new platform. Through the statement, they explained that the firm wants its clients to turn a profit, simply put.. Thus, FXOpen is convinced that the use of the right platform stands as an integral facet of being successful at trading. The platform stated that it’s happy to launch this new TickTrader platform, after it did extensive beta-testing towards it to ensure that it would fit into FXOpen’s suite of trading platforms.
According to the statement, TickTrader stands as a comprehensively functional platform that’s easy to use, and meets a range of requirements that every trader type needs. According to the statement, this allows for every trader on the spectrum, institutional to beginner, to appreciate TickTrader’s capabilities.
Post-COVID Activity Still High
TickTrader’s launch comes during a time where trade activity has seen a substantial increase. This is due to the higher levels of volatility that the COVID-19 pandemic has wrought. While the volatility is doing down, the fears of a second wave have kept the activity up, which trading platforms are benefiting from greatly.