Software News

SoloTrader platform review: The perfect choice for forex broker start-ups

May 19 2016 12:07:10 GMT
By
Stanimir Zhelev , ForexBrokerz.com Find me on Google+

Created by a Hong Kong-based software development company, SoloTrader is an easy-to-use trading platform built with simple aesthetics. 

 

Designed to be fully efficient for both novice and experienced traders, SoloTrader platform features a wide range of functionalities that allow users to easily access various currency trading markets and effectively apply their trading strategies. 
 
It is offered as both PC and web-based versions, mobile and tablet apps are also available. What is more, SoloTrader gives you the power to customize your trading according to your preference by its special integrated development environment (IDE) product, SoloTrader Studio. It allows traders to develop and execute various codes/scripts/logics in the SoloTrader trading platform. The user friendly interface and extensive tools enable traders to make different trading robots and indicators to help in their daily trading activity. It sounds much like the MT4’s MQL4 is a C#-language offering a code for optimizing, developing and testing a number of popular EAs.
 
Like any other trading platform, SoloTrader offers various order types, such as market, limit, and stop orders, and supports Instant execution mode. Moreover, simultaneous order processing is enabled - you can enter several trades at the same time, and there will be no order queue.
 
 
Click to enlarge
 
 
As regards charting, SoloTrader provides efficient and up-to-date charts and tick charts from which you can place trade orders directly. A wide array of technical analysis tools is available directly within the chart: oscillators, line drawings, volatility measures, and other common trend indicators. Furthermore, there are various chart layouts offered to users with many different time-frame options & zoom levels available, as well as customizable templates that provide the market view you need.
 
Moreover, the SoloTrader trading platform features a variety of highly efficient trading tools, such as pip calculators, currency converters, news feed, and more.
 
If I have to point out any drawback, then that will be the fact that currently the platform does not provide signals copying option.
 
Probably SoloTrader is not the most popular platform in the world right now, but it is a good solution especially for forex broker startups due to its simplicity and more importantly, its really good pricing. The platform developers offer a couple of different bundles, which include the SoloTrader software, as well as additional services which would be beneficial to any FX startup, such as website development and registration/licensing of an offshore company. 
 
 
TAGS: solotrader  forex platform  trading platform  forex broker  forex startup 
Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
US, UK, Australia CFTC/NFA, FCA, ASIC MT4, Web,
Mirror Trader,
Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA MT4, Web,
ProRealTime,
2Dealer
$1 Review Website
UK, Cyprus FCA, CySec MT4 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, Web,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Seychelles FinaCom MT4 $10 Review Website
UK, Bulgaria FCA, FSC Web $150 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySEC MT4, MT5 $300 Review Website
New Zealand FMA MT4 $1000 Review Website

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