Tradency Continues to Attract Japanese Brokers – Partners with FX Prime
- Tradency, developers of the auto trading platform, Mirror Trader, has announced that Japanese FX Prime has partnered with them. Under terms of the deal, FX Prime will begin to offer the Mirror Trader copy trading solution to its entire client base.


Tradency, developers of the auto 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-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. 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-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term, Mirror Trader, has announced that Japanese FX Prime has partnered with them. Under terms of the deal, FX Prime will begin to offer the Mirror Trader copy trading solution to its entire client base. The platform is expected to be launched to customers during October of this year. For Tradency, the firm has found interest for its products in Japan, with Invast Securities announcing earlier this year that it had reached 40,000 Mirror Trader accounts. In addition to services for OTC FX, Tradency has also been a presenter at the Tokyo Financial Exchange (TFX), with its product being compatible for exchanged based Click 365 FX trading. Tradency also announced that Japanese usage of Mirror Trader has grown 100% over the past year.
The partnership with FX Prime, comes after Tradency had signed deals with Japanese Planex and Central Tashi earlier this year. In its statement announcing the deal, Tradency mentioned that FX Prime had based their decision to launch Mirror Trader on high interest for system trading, as 80% of respondents in a customer study were in favor of such a product. As a result, FX Prime announced that “they expect the new addition to their offering will strengthen acquisition process and product appeal for existing along with new potential customer segments.”
In terms of FX Prime, the firm was acquired by GMO Click last year, but continues to operate as a standalone brand. Forex Magnates reached out to Tradency to learn if the current partnership will be expanded to GMO Click’s client base or will remain solely with FX Prime. A representative answered that "naturally, as FX Prime is part of the GMO group, we have ongoing dialog with GMO on leveraging success with FX Prime to expand our business together. In light of Tradency’s global success and specifically the achievements reached in the Japanese forex market, we continue to widen the usage of the Mirror Trader platform with top-tier brokers in Japan and worldwide."

Tradency, developers of the auto 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-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. 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-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term, Mirror Trader, has announced that Japanese FX Prime has partnered with them. Under terms of the deal, FX Prime will begin to offer the Mirror Trader copy trading solution to its entire client base. The platform is expected to be launched to customers during October of this year. For Tradency, the firm has found interest for its products in Japan, with Invast Securities announcing earlier this year that it had reached 40,000 Mirror Trader accounts. In addition to services for OTC FX, Tradency has also been a presenter at the Tokyo Financial Exchange (TFX), with its product being compatible for exchanged based Click 365 FX trading. Tradency also announced that Japanese usage of Mirror Trader has grown 100% over the past year.
The partnership with FX Prime, comes after Tradency had signed deals with Japanese Planex and Central Tashi earlier this year. In its statement announcing the deal, Tradency mentioned that FX Prime had based their decision to launch Mirror Trader on high interest for system trading, as 80% of respondents in a customer study were in favor of such a product. As a result, FX Prime announced that “they expect the new addition to their offering will strengthen acquisition process and product appeal for existing along with new potential customer segments.”
In terms of FX Prime, the firm was acquired by GMO Click last year, but continues to operate as a standalone brand. Forex Magnates reached out to Tradency to learn if the current partnership will be expanded to GMO Click’s client base or will remain solely with FX Prime. A representative answered that "naturally, as FX Prime is part of the GMO group, we have ongoing dialog with GMO on leveraging success with FX Prime to expand our business together. In light of Tradency’s global success and specifically the achievements reached in the Japanese forex market, we continue to widen the usage of the Mirror Trader platform with top-tier brokers in Japan and worldwide."