Tradeo Announces its New FXCM Bridge

Social trading firm Tradeo announces that they have connected their network with FXCM. The news adds FXCM to Tradeo’s list of connected platforms which include MT4 and ACT Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term. According to Tradeo, the partnership with FXCM was due to demand from users that wanted a connection with the broker with the social network. For FXCM, the addition of Tradeo occurs after the broker had partnered with Tradency last month. The social trading space continues to become more competitive as nearly every broker has launched or is set to launch a copy trading product. Look ahead, the space should get even more interesting with the launch of another social network in the immediate future.

Tradeo, the financial world’s foremost pioneer in Social Trading, announces its new FXCM Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat Read this Term. Tel Aviv / London / New York – 11 February 2013 – Tradeo is pleased to announce the release of its long-awaited FXCM cloud bridge. With it, all holders of FXCM accounts will be able to enjoy the Tradeo experience - share their trading successes, copy their favourite traders, and collaborate through Tradeo’s uniquely innovative Social Trader platform. FXCM adds to Tradeo’s rich support for ACT! and MetaTrader 4 cloud bridges by facilitating a smooth social trading experience between today’s top trading platforms, further expanding the Tradeo community. FXCM support was added as a direct result of community feedback. Tradeo remains fully committed to the idea of ongoing community involvement being a principal component of great companies and products.