Signal Trader launches automated trading on Forex, Commodities and Indices

SignalTrader is the latest project of the guys behind Forexpros. Basically this is another take a the growing auto-trading strategies market. Traders can follow other traders' signals and emulate their trades. For now this works with only three brokers but I'm sure more will be added soon.

Signal Trader, the leading solution for automated trading and live trading rooms, has launched its innovative auto-execution trading system for 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, Commodities and Indices, with FXCM, Forex.com and Ava FX.

Signal Trader innovative auto-execution system gives clients access to a full range of trading strategies for Forex, Indices and Commodities which are already being used by prop traders in Signal Trader live trading rooms. The auto-execution system allows clients to simply select the trading strategies employed by the prop traders which most closely match their own trading preferences and apply them to their personal brokerage accounts. The ground breaking trading system automatically implements orders according to the chosen auto-execution settings and allows users to select multiple trading room signals to execute in one brokerage account.

Signal Trader clients have access to a comprehensive array of advanced trading and money management options, designed to control risk exposure. Users can fully define trading parameters, including trade sizes, as well as monitoring trades, positions and profit and loss, all in real time. Signal Trader clients can now choose one of the selected brokerage firms, including AvaFX, Forex.com and FXCM to open their live trading accounts and begin auto-trading on the full spectrum of financial instruments, including Forex, Commodities and Indices.

“By teaming up with brokerage partners who offer our clients the ability to trade across the full range of financial instruments we are ensuring that all our clients can diversify their portfolios, while the auto-trading system allows clients to focus on their money management and trade in an objective way,” John Miller, product manager at Signal Trader said.

In addition, Signal Trader provides clients with signal alerts based on the trading activity of prop traders, via email or on the charts displayed on each live trading room.

About Signal Trader

Signal Trader was established in order to 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 the gap between prop traders and people with an interest in trading, by providing an automated trading system and live signal alerts. The website has been designed so that clients can observe and learn from prop traders as they trade and build their own portfolios based on the trading activity of the prop traders they wish to follow.