Signal Trader, which provides mirror trading (similar to Currensee) , doen’t rest after the launch. After partnering with FXCM, Gain Capital and AVA, they’ve added another local, Israeli partner: Markets.com. This is a significant expansion to their network.
For more details, here’s the full press release:
SignalTrader.com, the advanced solution for automated trading and live trading rooms, has entered a partnership with Markets.com, allowing existing and new Markets.com clients to auto-trade on Forex, Indices and Commodities with Signal Trader’s auto-execution mirroring system.
Signal Trader’s auto-execution mirroring system allows clients to automate their trading across a range of financial instruments, by duplicating the trades of proprietary traders, whose accounts are displayed in Signal Trader’s live trading rooms.
The auto-execution system enables clients to execute orders in their brokerage accounts automatically, based on signals generated by the prop traders and also allows users to select multiple trading room signals to execute in one brokerage account.
The system also allows clients to control their desired risk exposure and define trading parameters, including trade size, as well as monitoring trades, positions and profit and loss, all in real time.
“By working with Markets.com, we are allowing our clients to diversify their portfolios, so they can trade not only on Forex, but also on Indices and Commodities, using our cutting-edge trading solution,” John Miller, product manager at SignalTrader.com said.
All of the accounts displayed in Signal Trader’s live trading rooms are the real accounts of prop traders, trading with real money and as trades are executed they are displayed in real time.
Signal Trader also provides clients with signal alerts based on the trading activity of prop traders, via email or on the charts displayed on each live trading room.
The partnership with Markets.com now brings the number of Signal Trader’s brokerage partners to four.
About Markets.com
Markets.com, the trading name of Safecap Investments Limited, is an EU licensed and regulated Forex and CFD broker, serving clients in over 100 countries and operating through 14 languages.
About Signal Trader
Signal Trader’s advanced automated trading solution allows users to automate their trading based on real trades executed by prop traders in their real accounts. The accounts are displayed in the Signal Trader’s live trading rooms in real time.
Further reading: Automatic mirror trading launched by Signal Trader