Pepperstone, one of the largest Australia brokers for forex and CFDs trading, has announced the signing of a new partnership deal. The firm is working with Tradency to deliver to its clients the mirror trading services of the firm.
Being one of the pioneers in the industry, Tradency’s Mirror Trader platform is aiming to enhance automatic execution of algo-strategies. The mirror trading platform is one of the first in the industry, introduced in 2005.
Clients can choose between automatic auto-trading and semi-automatic trading, where the traders can choose which signals to follow, and manual trading. Pepperstone’s MirrorTrader trading strategies will be available exclusively to Pepperstone clients.
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Pepperstone’s General Manager, Phil Horner, said: “We see MirrorTrader as a natural fit for our goal to revolutionise the industry by offering traders better service, lower spreads and faster execution, something we believe that this partnership with Tradency will promote”.
“Pepperstone continues to expand the client experience, bringing innovative ways for our clients to trade FX. We’re especially proud to offer some new and exclusive strategies to Pepperstone clients that had previously not been available through Tradency,” he added.
Mirror trading is an adequate tool for traders that can not fully commit to analyzing the market. A number of traders have been committed to finding investment strategies from other traders that can cater to their investment goals.