Brokers News

FxPro's Quant Grabs Award for Best Forex Product of the Year

Sep 17 2013
By Maria Nikolova , Forexbrokerz.com Find me on Google+

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).

TAGS: fxpro fxpro forex broker fxpro quant quant strategy builder quant builder award uk forex awards forex awards 2013 best forex product of the year

More news about FxPro

FxPro UK turns a 1.48 mln profit in 2017 Jun 12 2018 13:27:04
FxPro becomes a sponsor of Formula 1 racing team McLaren May 25 2018 11:48:28
FxPro hikes margin requirements ahead of Japanese elections Oct 18 2017 08:25:06
FxPro gets Dubai license, to open office there media Oct 11 2017 10:25:02
FxPro also hikes margin requirements ahead of German elections Sep 21 2017 07:17:54

Broker	Advantages
	FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
	easyMarkets is a CySEC and ASIC regulated broker offering access to over 300 trading instruments, tight fixed spreads, no slippage and a 50% deposit bonus.

	XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
	FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
	FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
	FBS is a broker with cool marketing and promotions. It runs an ongoing monthly $999 forex contest, offers a $5 no-deposit bonus for anyone willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
	FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
	HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.
	Exness is a leading forex broker, offering MT4 and MT5 platforms. Traders can take advantage from a true ECN environment and trade on ultra tight spreads, starting from 0 pips.

Broker	Country	Regulation	Platform	Min Deposit	Review
	Cyprus, UK, Mauritius	CySec, FCA, IFSC	MT4, MT5, Web	$10	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, Web, Mobile app	$100	Review Website
	Australia	ASIC	MT4, MT5, IRESSTrader	$100	Review Website
	UK, Cyprus, Australia	FCA, CySec, ASIC	MT4, MT5	$5	Review Website
	UK, Australia	FCA, ASIC	MT4, Trading Station, NinjaTrader	$50	Review Website
	UK, Cyprus, UAE, South Africa	FCA, CySEC, DFSA, FSB	MT4, MT5, FxPro Markets, cTrader	$100	Review Website
	Cyprus	CySEC	MT4, MT5, Web	$1	Review Website
	Belize	IFSC	MT4, MT5	$100	Review Website
	Cyprus, UK, South Africa, UAE	CySec, FCA, FSCA, DFSA	MT4, MT5, Web	$5	Review Website
	Cyprus, UK	CySEC, FCA	MT4, MT5	$1	Review Website
	Australia	ASIC	MT4, MT5	$100	Review Website
	UK	FCA	MT4, Web, MT4 for Mac	$100	Review Website

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