Tradency launches new MirrorTrader, Japan’s CTFX – first adopter

Tradency launches new MirrorTrader, Japan’s CTFX – first adopter

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Tradency, a fintech company specializing in social and algo trading platforms, announced it has launched a new and improved automated trading platform MirrorTrader, based on the HTML5 protocol.

The new version of the automated tradeing platform has simplified layout that allows quicker interaction and focuses on better retention and conversion. Furthermore, the new MirrorTrader is safer, thanks to the use of the HTML5 protocol instead of Flash, which has a bad reputation as a gateway to all sorts of computer viruses. Tradency has also improved the versatility of the MirrorTrader with its cross platform enabling access from Windows and Mac computers and iOS and Android smartphones and platforms.

Along with the announcement of the update, the Japanese forex broker Central Tanshi FX (CTFX) said it will be the first broker to offer the new MirrorTrader, starting from June 26. Registration of demo accounts will start on June 12.

“CTFX is a natural choice for us to launch our global cutting-edge MirrorTrader campaign. Entering our fifth year of strategic cooperation, we see our long-term partnership strengthen and grow with new services to wider audiences”, said Gil Eyal, president and co-founder of Tradency.

“Together with Tradency, we have pushed this project forward, sharing know-how and experience concerning automated trading we accumulated since 2012. We believe retail traders will become more familiar with automated trading by using this new advanced cross platform introduced by us first in the world”, said Masahiro Ito, General Manager of CTFX Service Development Department.

The Mirror Trader technology is algorithm-based. The trading strategies available there are designed by expert traders and are available to other traders to follow. The platform was launched in 2005 and has become the pioneer in a new category of platform trading. Brokers that offer MirrorTrader are Ava Trade, Invast Securities, XTB, Alpari, ForexClub, etc.

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