Tradency, a fintech company focusing on product development and advanced services to financial institutions, announced today that its business is continuing to expand and that during the last 3 months since RoboX was first introduced to the market, the firm has partnered with 12 new brokers to offer RoboX services to their retail clients.
RoboX brokers include FXDD, which adopted the solution in May, Trade 24, Best Leader Global Market NZ and Fullerton Markets.
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Smart Trading Machine
RoboX is a smart trading machine based on an array of proprietary trading strategies that are packaged along with proprietary risk matching engines which help traders tailor their trading portfolios based on relevant risk appetite and client trading preferences.
The solution leverages the benefits of FX algo trading by utilizing the global trend of robo advisors combined with a vast amount of content of algo trading strategies, providing a gateway to traders holding an investment portfolio who wish to diversify their investment by entering the lucrative FX and CFDs market.
Tradency has been present in the online trading arena since early 2005, totalling over 2 million users. The company provides its customers with robust and scalable solutions to support its growing client base. The company developed the Mirror Trading concept in early 2005, creating a bank grade trading service that provides retail traders with valuable, professional knowledge and automatic trading strategy implementation.
Oz Golan, Tradency’s VP Sales, commented: “RoboX takes Tradency’s +1m strategies database and cleverly dissects and analyses their performance so that it can construct specific smart packages that suits the individual trader in accordance to the ever changing market conditions. We are extremely pleased to see that brokers are putting their faith and trust in our innovative technology.”