Do not invest more money than you can afford to lose.
Forex4you, Russia’s fourth-largest forex broker, announced the launch of its own liquidity aggregator and order execution technology – MarketPlace.
The new feature provides new technological engine for the broker’s client advisors and strategies and faster and more reliable order execution. MarketPlace aggregates offers from various liquidity providers, chooses the best bid/ask prices and transmits them to the client terminals. Furthermore, Forex4you developed its own bridge solution (Eglobal Forwarder) that connects the MarketPlace to the MetaTrader 4 (MT4) terminal.
According to the broker, the new aggregator offers increased order execution speed, reduced possibility of slippage and number of requotes, improved stability and reliability. The MarketPlace aggregator is also available on the broker’s mobile trading apps for iOS and Android and will soon be available on the Java-based Forex4you trading terminal for PCs.
Since its launch last week, the MarketPlace quotes feed has already been connected to the company servers, but for now is available only on 3 servers: Pro STP, Classic NDD and Demo. MarketPlace will be integrated into the PAMM service, offered by the broker, after it is being remade.
Forex4you is a trading name of E-Global Trade & Finance Group. The company is based in the British Virgin Islands and is licensed by the local financial regulator, the Financial Services Commission (FSC). Forex4you’s clients can choose between Cent, Classic, and Pro demo and live trading accounts, as well as automated trading via PAMM accounts. It only provides services based on the MetaTrader 4 (MT4) forex trading platform.
