Launched in July with FXDD as their maiden broker, Tradency’s hedge fund driven Mirror Trader algos are arriving today in Japan. Partnering with FX Trade Financial, the Japanese broker will begin to offer the hedge fund trading algos as part of their overall solution of Mirror Trader strategies to retail customers.
According to Tradency, the hedge fund strategies are being made available to a group of firms including CenturionFX, IntelAgent, Sagat Capital, Tribelet Capital Management and Bluehive Capital. For retail traders, the unique selling point that is being marketed is the availability for them to gain exposure to institutional grade money management with account sizes well below account minimums needed to open an account with a hedge fund.
TrustedBrokerz: The Source More Traders Are TrustingGo to article >>
For Tradency, the extension of services with FX Trade continues their involvement in the Japanese market. Within the country, their Mirror Trader platform has received a welcome audience from traders seeking a copy trading solution that also involves aspects of client involvement to handle risk management.
In regards to their client base, Ryo Uruma, FX Trade Operating Officer, stated, “Automated hedge funds strategies are very appealing to their traders. These maximum quality strategies which are now available for FXTF Mirror Trader users in Japan, fit the requirements of traders who are interested in top institutional-level automated strategies and will be even more attractive to FXTF system trading users.”