Code, Backtest, Optimize, Trade

New York—September 13, 2010 FXCM Holdings LLC, a global leader in online forex and CFD trading,* recently launched Strategy Trader†—a free, all-in-one automated forex trading solution that allows clients to code strategies, perform advanced backtests, run detailed optimization analysis, and execute trades from a single platform.

Automated trading has recently grown tremendously popular, and for good reason.  For one, it can remove the emotional component of decision making inherent to trading.  It also frees traders from constantly having to monitor the markets for trade opportunities, while still allowing them to place trades 24 hours a day.    

 “We believe that our new platform is one of the most advanced retail products available on the market,” says Randy Rupan, Vice President of Systems Trading at FXCM. “Having historical data, advanced analytics, and integrated execution in one package with a price tag of free makes this a unique value proposition for the active trader.”

Integrating seamlessly with FXCM’s No Dealing Desk forex trade execution system, Strategy Trader eliminates the need for software bridges and external APIs, which can result in faster and more efficient trade execution than other automated forex trading platforms.  Strategy Trader also updates prices tick-by-tick, providing substantially more price data than platforms that update second-by-second.  This feature can dramatically increase the number of potential trading opportunities since there are often multiple ticks per second.

Additionally, Strategy Trader provides clients with 500,000 bars of historical data and the ability to backtest with both bid and ask prices. Over 40 unique performance reports are easily accessed, allowing clients to gain an in-depth understanding of their strategies’ potential in actual market conditions.  Strategy Trader also gives traders access to exhaustive, genetic, and walk forward optimization tools, allowing traders to quickly find the most optimal strategy parameters and settings based on past performance.

Why trade with FXCM’s Strategy Trader platform?

·         Strategy Trader is FREE to all FXCM account holders

·         Uses the C# programming language

·         Place trades on tick data

·         Free proprietary Grid Strategy Trader EA (stEA)

·         Over 100 pre-loaded indicators

·         Exhaustive, genetic, and walk forward optimization tools

·         No out trades, off quotes, or account syncing required

·         Integrated third party data, including DTNIQ

·         All orders sit directly on FXCM’s servers