The FIX protocol supports Straight Through Processing or STP, which reduces the trade settlement time dramatically. Today, the FIX protocol is the de-facto messaging standard for trade communication globally. A lot of brokerage companies provide FIX API access for traders. For example: Currenex, HotSpot, PFGBest, FXCM, etc. But brokers doesn’t provide platform for auto-trading via FIX API. But good solution is copy trades from Metatrader 4 via FIX API.
FIX Module for account copier ” PowerTradeCopier” works as a bridge between MetaTrader 4 platforms and Brokers with FIX API Support. This Module allows you to copy trades from MetaTrader 4 Master terminal(s) to Brokers with FIX API Support slave terminal(s); or from Brokers with FIX API Support master terminal(s) to MetaTRader 4 slave terminal(s); or from Brokers with FIX API Support master terminal(s) to Brokers with FIX API Support slave terminal(s).
Learn more about Account Copier (MT4 -MT4)
