It is not a secret that we are living in a world of technology. Technology is everywhere, including today's financial markets. All of those technological innovations you can find in financial markets today are designed to makes trading faster, easier, more comfortable, secure, and efficient in terms of making more money.
This holds especially true of a cutting-edge technology named TrueFX by Integral. The technology is all about providing access to the interbank liquidity delivered by the world’s major market makers, which are also known as liquidity providers. For the retail traders, this means better market prices coming straight from the liquidity providers.
The thing is that few broker can actually boast offering such an advanced technology to their retail and corporate clients. There can be a lot of reasons for that. Some of them don't have enough capital to implement this goal while others just don't want their clients to be too successful in trading financial markets. More often than not, it is all about money required to launch and maintain TrueFX on their platforms. That said most of them either abandon this idea right off the bat or set up the technology only to make the deposit requirements too high for most of their clients to join in.
The bottom line is that SFX Markets is one of the very few FX brokers out there who succeeded in resolve the issue in the average client’s favor. You see, most of the guys trading FX today cannot boast having thousands of dollars to invest in FX trading but they still want to enjoy the same quality of service and access to the interbank liquidity their better-off fellows do. By the way, it is not accidental that SFX Markets was recognized the Most Tech Advanced FX Broker in 2015. The company has been really good at taking FX trading to a new level thanks to innovative solutions ever since its was created.
The company has recently implemented another unprecedented solution by cutting the min deposit requirements by 90% – from $50K all the way down to $5K thanks to the most advanced protocol named FIX.
TrueFX + FIX API – Next Level of FX Innovations.
This is what TrueFX’s official website reads:
TrueFX brings you real, dealable prices from market making banks, delivered directly with no intermediary. With TrueFX, everyone with an Internet connection has access to clean, untouched liquidity, direct from leading market makers. TrueFX offers streaming real-time, tick-by-tick bid/offer currency rates for free. It also provides access to a database of historical tick-by-tick bid/offer currency rates without charge.
We decided on this name because of the uniqueness of transparent, clean, untouched liquidity in the FX market. We call it TrueFX because it is the real thing - rates directly from major market makers – published and available for everyone to see.
You might ask: "Why are you doing this?"
In short, because we think it is the right thing to do. FX has historically been a rather opaque market with uneven access to liquidity and tools to effectively participate and win. We believe that by lowering the barriers to entry, reducing costs and friction and by increasing transparency the FX market will dramatically expand and attract more participants.
We can do this because Integral is not a broker, bank or active market participant. Integral is a neutral technology provider. We have always used our technology to help market participants build their businesses, reach their goals and provide the most sophisticated trading environment to their users. We have a history of pushing the envelope in foreign exchange technology: We built the first multi-sided trading network and offer all our products as on demand services. In that spirit, we decided to build TrueFX.
http://www.truefx.com/?page=about
The list of liquidity providers includes some of the biggest banks in the world:
Lightning-fast execution of client orders, access to major liquidity providers, backing excellent market depth and so much more. This is what FIX-based TrueFX is all about. Indeed, SFX Markets is the only broker out there who managed to take the benefits of TrueFX to the next level by integrating it with he so-called FIX protocol. As a result, 99,99% of the traders successfully benefit from his innovative solution.
How It Works?
You can benefit from FIX-based TrueFX trading a couple of ways. To be more specific, there is a standalone FIX account and standalone trading platforms – SFX Trader Pro and SFX Prime Trader. You can find more information on hose platforms by going to:
https://www.sfx-markets.com/trading/platforms
Many experts say that the FIX API is a true breakthrough in online FX trading. This is a new quality standard in the industry. The FIX API both provides access to the world’s major liquidity providers and unites them into a single network to let the trader see the best prices available every single moment. If coupled with as low entry point as $5000, this is a truly unrivaled solution. On top of that, the company’s trading software has a lot of advantages over the conventional MetaTrader 4. It is like switching from an old and cheap car to a new and luxury one.
The bottom line is that SFX Market can be considered a great choice for those seeking ultimate trading experience leading to outstanding financial results.
