On January 26 – 28, Hong Kong is hosting another prestigious Forex expo called iFX EXPO. Some experts say that this event is among the top 5 Forex expos planned for 2016. The ways to improve the FX industry through innovation are going to be some o the major issues on the agenda. In particular, SFX Markets is going to introduce some cutting-edge technologies aimed at improving the so-called FIX API trading.
The thing is that such innovations are claimed to put an end to FX scams and disreputable brokers while resolving most of the challenges the contemporary FX industry is facing and opening a wider range of options and opportunities for the average retail traders on top of big-scale traders and investors.
Why Do They Expect From iFX EXPO?
The Expo is expected to attract over 2000 participants from around the globe. The hosts say the amount of participants is likely going to double up relative to the previous one. iFX EXPO hosts are doing their best to expand all the aspects while making its possible to discuss the last challenges and ways of resolving them. Practice shows that iFX EXPO has become a comfortable place for those seeking new strategic partners and long-term business relations.
This time the the topic of the day is going to be the ways and means of creating the perfect FX trading software. More and more experts say that MetaTrader 4 is outdated, which means that a whole new piece of software is needed to let the trader resolve the forthcoming challenges.
Traditionally, iFX EXPO is going to end up with the best strategies and innovative solutions introduced recently. For FX brokers, everything boils down to the question of who to improve their image and attract new clients. SFX Markets offers it own unique solution to the problem.
SFX Markets claims that a new technology, which is called FIX API, is going to open new opportunities for the trader. Until recently, only big-scale players could open a FIX account. The thing is that FIX accounts required a pretty decent deposit starting from $50 000, which is something few traders can afford these days. Meanwhile, SFX Markets came up with an idea to cut the deposit requirements for FIX accounts all the way down to $5000. They say this is the first stem on the way to make the innovation popular across the industry.
FIX API – Perfect Solution
In order to get a solid grasp of what FIX trading actually is you need to give it a try. They say that those who have tried FIX trading are never going to come back to the good old MT4. Why? Because with FIX, you get more comprehensive market data, including market conditions and trading volume. On top of that, with FIX, it is much easier to make trading decision and accomplish trades. Order execution is spotless. The list of other benefits of trading currencies via SFX Markets FIX API includes:
- tight banking spreads
- progressive spreads
- direct access to STP liquidity delivered by major providers
- anonymous trading
- no limits regarding trading strategies, models, and platforms
- Market Depth II
- comprehensive support and ready-made solutions from Algo traders and hedge funds
- choosing counteragents for your trades
FIX accounts allows you to trade 85 currency pairs. The leverage is 1:100.
For more information, please visit https://www.sfx-markets.com/trading/accounts
Good trading!
