FXOpen Launches New Multi-Asset Platform TickTrader

The new multi-asset trading platform facilitates both margin trading and deliverable trading.

FXOpen, a global foreign exchange (forex) broker, announced this Monday that it has launched TickTrader, a new trading platform which allows clients to trade a number of assets via one trading account.

In particular, via TickTrader, users can trade a range of financial asset classes – forex, stocks, commodities, indices and cryptocurrencies, all via one individual trading account, the company said in a statement today.

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The new multi-asset trading platform facilitates both margin trading and deliverable trading. This can be achieved either directly through the platform or via a FIX, REST or WebSocket API.

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According to the statement from the broker, FXOpen’s new platform boasts trading tools, heat maps and backtesting, and it can be completely customised. TickTrader will be added to the existing range of trading platforms that are currently available to clients of FXOpen, which includes MetaTrader 4, MetaTrader 5 and its mobile trading platform.

Commenting on the launch of the new platform, FXOpen said in the statement: “FXOpen want our clients to be profitable, it’s as simple as that. We firmly believe using the right platform is an integral part of successful trading and after extensive beta-testing we are delighted to launch the bespoke TickTrader platform into our suite of trading platforms. Its easy to use, comprehensive functionality ensures it meets the multitude of requirements from every type of trader, from beginner to institutional.”

FXOpen launches TickTrader amid COVID-19 volatility

The launch of TickTrader comes at a time of heightened trading activity within the markets, as COVID-19 volatility continues to drive volumes. Although volatility has been easing over recent months, fears of a second wave of the coronavirus pandemic is still keeping the markets active.

As Finance Magnates reported, the increase in volatility has brought a new interest in trading – with brokers seeing a wave of either new clients or the return of dormant traders, who had not been active in recent years.

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