10 August, AtoZForex, Lagos – On a relentless quest for development and client satisfaction, CySEC regulated broker Orbex has launched a new platform called the Orbex Strategizer. The build-it-yourself algorithmic trading platform has been launched in collaboration with Tradeworks, a Copenhagen/Singapore-based fintech company.
Explanatory, Tradeworks is a financial technology company, which operates a high-frequency proprietary trading business, and licenses its trading platform through their affiliates.
On the other hand, Orbex is a leading CySEC regulated FX Broker. It claims to aim at building responsible development of the global online trading services market by empowering investors with smart online tools backed by customer service to help them focus on new market opportunities.
The Cyprus based brokerage has explained the following, about its latest Orbex Strateziger: “It is an algorithmic forex trading system that does not require any coding or programming to build an expert advisor. The success of your forex trading strategy should not rely on how much money you can pay for a robot, nor how good of a programmer you are, but how good your forex strategy is."
Furthermore, this platform allows clients to conveniently create and customize their trading strategy for mt4, without paying a dime or needing any elaborate coding skills and knowledge. Additionally, no installations are directly required for the clients’ device, considering that Orbex Strategizer operates through the cloud and incorporates VPS.
A Forex trading strategy in less than 10 minutes
On top of this, Orbex Strategizer has been positioned for a wide range of investors. As the offered advanced features of Orbex Strategizer can be utilised for either a simple forex trading strategy or as complex as you need it to be. In a further explanatory statement, Orbex clarifies: "In simplest terms, Strategizer allows you to build your EA with maximum optimization, removing the need for a separate VPS service. Create your forex trading strategy in less than 10 minutes using a range of free expert advisor building tools, choose the pair you`d like to create a strategy for".
In overall, this recent launch, marks another step into the right direction for Orbex. Considering that a while ago a respective research has concluded that on aggregate 34% of all firms’ FX volumes are executed through the use of FX Algo trading. Basically, representing a third of the total execution. Whereas, it was reported that the percentages for hedge funds came in at 53%, while just 3% of volume were via algorithms for cooperates.