Benefits Of Using The FIX Protocol Trading Technology
The Fix Protocol trading technology allows the trader to directly access the liquidity provider or the exchange without using a terminal. The FIX protocol is one of the fastest methods for transferring financial information and its use for the purposes of low-latency trading and forex arbitrage has a clear advantage over all other methods.
The developers of our company have released a unique software Westernpips FIX API Trader 3.9 for trading through the FIX protocol.
The most common and convenient is the Quick FIX engine used by programmers to simplify the development of programs.
✔ Integral;
✔ Exante;
✔ Variance;
✔ Divisa Capital;
✔ Trio Markets;
✔ FXCM FIX/API;
✔ FX Pig;
✔ LMAX FIX/API;
✔ ForexWare;
✔ Darwinex;
✔ Prime XM;
✔ CFH Clearing;
✔ Finotec;
✔ cTrader FIX;
✔ Visual Trading;
✔ PFD-NZ;
✔ Rithmic;
✔ Interactive brokers;
Warning! Many brokers require a monthly fee for using the FIX protocol connection. The cost of using this type of connection depends on which broker you select to get fast quotes and for trading and what tools you need (currency pairs, indices, gold, cryptocurrency).
For example, quotes/trading from LMAX Exchange using FIX Protocol cost about 300 USD per month. Some brokers may charge up to $ 1,500 per month or more. The cost also depends on your trading volume and initial deposit. The minimum deposit for opening an account with the possibility of trading through the FIX protocol is from 10,000 USD.
This electronic trading protocol for international real-time exchange of data feed for HFT Trading purpose...
ITCH is the revolutionary outbound protocol for market data transfer and recieve only. This the best way for HFT traders...
westernpips.com
Westernpips company is the market leader in arbitrage technology for low-latency traders. Since 2007, we have been working, improving and looking for new ways for algorithmic trading and making profit not only by the participants of our company, but also by our customers, partners and investors. Together with you, we have already come a long way and today our products and services are used all over the world and we are trusted by many large institutional traders because we work for the success of our clients and new achievements in high-frequency algorithmic trading and arbitrage in Forex, CFD`s, the market for futures and crypto currencies.