Brokers' Update: RoboForex Adds cTrader, Saxo Opts for Swiss and Dutch Options

Meanwhile, Tradeworks has introduced a new product designed to facilitate the analysis of the performance of trading strategies

After several years of MetaTrader 4 domination, a number of brokers have recently begun to offer alternative solutions catering to the growing needs of their clients. RoboForex is the latest company to diversify its platform portfolio by adding two new solutions. The firm decided to opt for MetaTrader 5 and cTrader.

The MetaTrader 5 offering is available for all types of accounts which RoboForex has on offer, while Trader will cater to users who have selected ProECN and Pro-Standard account types. Both platforms are already available for the brokerage’s clients.

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The company has also upgraded its WebTrader platform to include a number of indicators in the offering, a feature which has been widely in demand by RoboForex’s clients.

Saxo Bank

The bank has announced some additional instruments to its own offering, adding Swiss and Dutch stock options on all of the shares listed on the Swiss SMI and Dutch AEX indices. At the same time, the company will be ending its support for Microsoft Silverlight-based charts on SaxoWebTrader in Google Chrome browsers.

The Danish bank also announced that the Australia Securities Exchange has increased prices of level 2 data feeds for professional users by $5 to $70 per month.

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Tradeworks

Another Danish company, dedicated in its efforts to deliver a solution for developing algorithmic trading strategies without coding, Tradeworks, has announced that it is adding a new tool to its product line.

We want to make it fully transparent to traders which of their trading strategies actually deliver all the profits

The company has introduced a strategy performance analytics tool, which scans the performance of their trading strategies and delivers a new way to assess the quality of a trader’s work.

Commenting on the announcement, the CEO of Tradeworks, Mikael Breinholst, said, “With the addition of strategy performance analytics to Tradeworks we want to make it fully transparent to traders which of their trading strategies actually deliver all the profits, which is the most risky and which are holding them back from reaching their full potential.”

OANDA

The Canadian broker who has recently modified its leverage policy is now partnering with TradeInterceptor to deliver a new mobile platform solution in what appears to be part of a more aggressive push to diversify its offering altogether. The Canadian company has recently increased the maximum leverage announced on major currency pairs to 1:100 after years of keeping a more conservative cap at 1:50.

Using TradeInterceptor will not come with additional costs to OANDA’s clients.

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