Technology firm Tradency, whose Mirror Trader is one of the leading platforms for copy trading in the FX industry has just announced that the system will now be supporting CFDs. According to the announcement, broker FXPRIMUS will become the first firm to begin offering the CFD copy trading product to its clients. The line of supported CFDs includes commodities like Gold and Oil, equity indexes, and individual stocks.
CFD TRADING NOW SUPPORTED BY MIRROR TRADER
Tradency expands its Mirror Trader platform into CFD trading, FXPRIMUS to be the first broker to launch
December 17, 2012, New-York — Tradency, originator of the Mirror Trading concept and developer of the industry-leading Forex trading platform – Mirror Trader; announced today the adding of CFD to its offering. By doing so, Tradency had become the first Mirror Trading solution provider to offer its clients with CFD trading and CFD dedicated expert strategies.
Tradency identified a growing demand among brokers to incorporate the Mirror Trading service into a CFD offering. During the last year, Tradency thoroughly examined tend of CFD strategies, and is now offering an impressive list of track-record proven, experienced CFD strategies. Mirror Trader offers its CFD traders with large variety of CFD instruments: S&P 500, Crude oil, Google and more. And a wide range of markets available: Equities, commodities, indices, energy, gold and silver futures.
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Earlier this year, Tradency had made a conceptual change to its business model turning it into a mass market product by transforming from volume based to a fixed fee structure. This change enabled Tradency’s 40, and growing, brokers to offer the Mirror Trader platform to all their clients. Oz Golan, Sales Director, Tradency: “brokers can now offer Mirror Trader to their entire client base, Forex and CFD traders alike. During the last year we’ve seen how by using the Mirror Trader platform, brokers succeeds in reactivating live funded accounts that do not actively trade or do trade very rarely. This newly activated accounts increase the brokers trading volume per trader significantly. And this is why we’ve expanded our platform to include CFD trading as well”.
FXPRIMUS is a valuable partner to Tradency and is dedicated to provide their clients with the most advanced Mirror Trading technology. Terry Thompson, President, FXPRIMUS: “we are extremely pleased to be the first international broker to offer CFD Mirror Trading. We are certain that by introducing our entire client base to the Mirror Trader platform, we will benefit both our existing Forex traders and the newly introduced CFD traders. I also believe that by doing so we will enrich our traders trading experience and strengthen even further the FXPRIMUS brand.”
Mirror Trader is based on the Trade-By-Knowledge concept, exposing traders to the vast knowledge of experienced CFD & Forex strategy providers. The platform’s ease of use and multiple trading options (automatic, semi-automatic & manual trading) enables traders to start trading faster and stay active for longer.
Tradency Inc. is the developer and originator of Mirror Trading technology, which enables traders in foreign exchange to automatically evaluate and adopt global strategies. Tradency’s Mirror Trading Platform offers traders a flexible choice of combining its groundbreaking approach with traditional online trading methods. Since its inception in 2005, Tradency has pioneered this new method, creating a new category of platform trading. Tradency continues to innovate its services, reinforcing its reputation as the creator of cutting-edge industry practice.
To find out more: www.tradency.com
FXPRIMUS, The Safest Place to Trade, offers retail traders a level of trade execution, service quality and fund safety that are normally reserved only for the largest investors. Serving traders in 205 countries across 6 continents, FXPRIMUS provides an unmatched level of fund safety combined with Straight Through Processing, top notch execution with tight spreads, prompt and responsive customer support, and an industry-leading trader toolset that includes free access to powerful trading tools and personal coaching via FXPRIMUS Coach. FXPRIMUS is based in Mauritius and is regulated by the Mauritius Financial Services Commission (FSC), which provides one of the world’s safest and best-regulated offshore environments. Mauritius is one of the world’s leading offshore financial centres, and has attracted more than 550 investment funds with a Net Asset Value of USD50 billion. More than 35,000 businesses and investment funds engaged in a wide range of global activities, make use of the Mauritius global financial services platform. Mauritius maintains double tax treaties with approximately 200 countries worldwide.