FxPro, the global Forex broker, boasted another piece of praise at the UK Forex Awards 2013 in London, as one of its latest products – the FxPro Quant strategy builder, got the award for Best Forex Product of the Year.
Thanks to a report by our friends at the Forex Crunch, we know that the innovative product managed to outflank rivals like the
Metatrader 5 platform, which was also nominated in the same category.
So, what is so special about FxPro's product? For starters, it allows you to program your own robots – pieces of software that will work on the Metatrader 4 (MT4) platform, the so-called expert advisors. And since the automated trading on MT4 is quite popular, I guess that many of you have seen how a script for an EA looks like: tons of lines and cumbersome language. Well, products like Quant target this complexity and aim to make programming easier for people who are not acquainted in depth with concepts like variables, parameters, randomization, etc.
Instead, the Quant proposes to any person willing to put up his/her own automated strategy, to build it using a graphical user interface (GUI) – which means that the programming is visual, using a drag-and-drop technology. One simply moves icons and connects them via lines and voila! - you get a program which is then converted into the MQL4 language and then you have your own EA.
Charalambos Psimolophitis, chief executive of FxPro, said that the launch of the award-winning product comes in line with the broker's efforts to provide its clients with the best trading tools. The broker migrated to the Agency Model in order to fine tune its interests with those of its clients. So far, these efforts have been rather fruitful for traders who opt to use FxPro's services – the launch of Quant was followed by the opening of a
library for trading robots and the release of a special
VPS. Congratulations to the broker! Keep up the good work!
About FxPro
FxPro is an award-winning Forex broker providing retail and institutional offerings to clients in 150 countries. FxPro offers trading access through a range of platforms including the innovative ECN platform – FxPro cTrader – supported by industry-leading market news and outstanding levels of customer support 24 hours a day. FxPro’s goal is to be the world’s preferred Forex broker and it has become the first choice for Forex traders needing user-friendly market access and superior trading infrastructure.
With offices in the United Kingdom, Austria, Cyprus, France, Russia and Spain, FxPro Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission, under license number 078/07, and operates under the EU Markets in Financial Instruments Directive (MiFID).