What are automated trading platforms?
Automated trading platforms, also known by different names such as algorithmic trading, system trading, mechanical trading systems and automated trading allow traders to create specific rubrics for both trade entrances and exits that, when programmed, can be automatically performed via a computer.
The trade entrance and exit rubrics can be grounded on simple circumstances such as a moving average crossover, or they can be complex strategies that necessitate an all-inclusive understanding of the software design language specific to the operator’s trading platform or the proficiency of a competent programmer. Any reliable trading platform development company which is highly professional in this field can provide customized solutions so that they can visualize the trends and statistics of financial statements and markets in a single screen. It offers ‘auto bot’ facilities to help users estimate future rates of various assets by Market analysis Algorithm techniques. It can also help you to develop your own cryptocurrency exchange platform.
Automated trading programs characteristically require the usage of software that is connected to a straight access broker and any particular rule must be written in that platform’s exclusive language. For example, the TradeStation platform uses the EasyLanguage programming language while, the NinjaTrader platform utilizes the NinjaScript programming language.
Here is a list of the top automated trading platforms in market:
Forex.com is one of the biggest online retail forex and CFD brokers. They enable access to more 180 international markets, comprising 84 currency pairs, 65 shares, 17 indices and 11 commodities. The customer interface is simple but sophisticated. The platform itself comes full with drawing gears, 15-time frames, innovative live charts and over 100 procedural indicators. Apart from this, users can make their own custom indicators. This automated trading platform serves as a trusted broker for you with dependable customer service and access to a variety of assets.
It is a prominent and leading broker for forex, CFDs and spread betting. User reviews testify high levels of gratification with City Index’s mobile offering. Users can also get help via their ‘live chat’ support from the application. Apart from this, navigation is smooth, irrespective of whether you need to track account returns or customize charts. City Index has made a reputation as a trustworthy and dependable CFD, spread betting and forex broker. It also played a key role in driving modernization across the online trading ecosphere in recent eras.
This is one of the most popular trading software platforms with a great interface and a lot of features you would require as well as sustenance for traders internationally. It is well aware that every trader has dissimilar needs and offers operators the chance to paper-test ideas before attempting into the open market reducing the risk factor. It offers an excellent range of lively sources and real-time market catalogs. Also, it is extremely user friendly and follows a competitive pricing policy.
This is an award-winning automated trading platform with custom technology and handy tools for its clients. These include charting tools, streaming stock quotes, and access to brokers. The software can be used to generate custom spread and pairs by means of their sophisticated automated trading and thorough calculation tools. It also includes hundreds of technical investigation indicators that can be used globally. Additionally, there are comprehensive drawing tools for the making of simple or complex schemes that can be kept back and then revisited.
A reputed company inthat offers trading platform development, helps businesses to build automatic platforms which serves as a single roof to conduct assets trade for Indices, Commodities, Stocks and Currencies. In India a professional mobile application development agency provides the web based trading platforms are built compatible to operate across platforms including the android mobile applications depending on the requirements of the clients.