NordFX, a retail investment and multi-asset trading broker, announced the launch of its risk allocation management model (RAMM) platform today. The new platform appears to be based on institutional Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term systems and, as its name suggests, aims to enable users to have greater control over their risk management capabilities.

It has been a busy 12 months for NordFX. Usually regarded as more conservative, the firm has spent most of the past decade focusing its efforts on currency pairs and precious metals. The past year has seen a shift away from this focus as the firm has launched a new investment service and added cryptocurrencies to its product list.

Immediate access

Today’s release will see a whole new Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term becoming available to NordFX clients. RAMM will allow them to engage in several trading strategies simultaneously and from one account. Those trading strategies can either be pursued independently or with help from advisors.

Most significantly, the platform has built-in capital protection systems that the user can tweak according to their risk appetite. Once the level of capital protection set by the user is breached, trading automatically ceases.

Clients with existing accounts can already start to use the service. To gain access to RAMM’s trading services, clients must deposit a minimum of $50. If they want to act as an investor instead, then they only have to deposit $10.

NordFX, which does not appear to be regulated, enables users to trade with leverage ratios of up to 1:1000. It is likely because of this that the firm had 1.5 million users on its books last year.