Retail brokerage Tradeview announced the release of a new piece of technology this Friday.
Called ‘Trade Builder,’ it was built in conjunction with Capitalise - a financial technology company.
According to Tradeview, the new technology allows users to easily create automated trading strategies.
Significantly, it is also integrated with MetaTrader 4, that most ubiquitous of Retail Trading
Retail Trading
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
Read this Term platforms.
"We are very pleased to be the first MT4 broker to offer this service,” said Adam Saward, Tradeview’s head of UK business development.
“Tradeview have always looked to reinvest in the latest technology in order to give our clients the best trading conditions possible and we feel this product is going to be a game changer for our clients."
Type and go
Currently, it is possible to create automated trading strategies. The process, however, is often irksome in its complexity.
Using Trade Builder should, Tradeview says, simplify things.
Retail traders at the broker can simply type in what order they want to make, and the firm’s technology automatically creates a piece of code that will place that order.
Orders are limited to ‘if,’ ‘and,’ ‘or’ commands - though it’s difficult to think of many other orders that could be placed.
For example, if someone wanted to create a sell order they could type something like; ‘sell BTC if the price hits a new week high.’
The new solution also allows users to backtest their trading strategies, meaning they can test an idea without having to wait for it to play out on the live market.
Tradeview also said it plans on adding technical signals, including President Trump’s tweets, for traders to use in their trading strategy.
So, while the president tweets about NO COLLUSION! Tradeview’s clients can hope for NO MARGIN CALL!
Retail brokerage Tradeview announced the release of a new piece of technology this Friday.
Called ‘Trade Builder,’ it was built in conjunction with Capitalise - a financial technology company.
According to Tradeview, the new technology allows users to easily create automated trading strategies.
Significantly, it is also integrated with MetaTrader 4, that most ubiquitous of Retail Trading
Retail Trading
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
Read this Term platforms.
"We are very pleased to be the first MT4 broker to offer this service,” said Adam Saward, Tradeview’s head of UK business development.
“Tradeview have always looked to reinvest in the latest technology in order to give our clients the best trading conditions possible and we feel this product is going to be a game changer for our clients."
Type and go
Currently, it is possible to create automated trading strategies. The process, however, is often irksome in its complexity.
Using Trade Builder should, Tradeview says, simplify things.
Retail traders at the broker can simply type in what order they want to make, and the firm’s technology automatically creates a piece of code that will place that order.
Orders are limited to ‘if,’ ‘and,’ ‘or’ commands - though it’s difficult to think of many other orders that could be placed.
For example, if someone wanted to create a sell order they could type something like; ‘sell BTC if the price hits a new week high.’
The new solution also allows users to backtest their trading strategies, meaning they can test an idea without having to wait for it to play out on the live market.
Tradeview also said it plans on adding technical signals, including President Trump’s tweets, for traders to use in their trading strategy.
So, while the president tweets about NO COLLUSION! Tradeview’s clients can hope for NO MARGIN CALL!