The following is a guest editorial courtesy of Mario Sanchez, Managing Director and Global Head of FXCM Pro Sales.

Low latency used to be the domain of clients of tier 1 banks and brokers, but FXCM Pro and FlexTrade’s partnership has broken down historical barriers for smaller trading firms. Events are a catalyst for this type of collaboration and The IFX Expo, which takes place in Cyprus 8-9 June, will be no different. Drop by booth 129 to meet the FXCM Pro and find out more about how we can support your business.

The speed by which a trader can access market information, place an order upon the market and have that order filled, are of paramount importance to attempting to achieve long-term profitability.

As recently as a few years ago, low latency was primarily the domain of clients of tier 1 banks and brokers trading billions a day. These institutional trading firms have the ability to invest large amounts of capital into low-latency infrastructures, while small retail traders are faced with the challenge of minimising latency issues wherever they can.

In 2019, an innovative, strategic partnership between a leading trading firm and a leading trading technology provider overcame historical barriers and opened the world of low latency to trading to smaller firms. And since then, the partnership has gone from strength to strength, delivering a myriad of benefits to mid-sized retail brokers, hedge funds and emerging market banks.

FXCM Pro x FlexTrade

FXCM Pro, the institutional arm of FXCM, a leading international provider of online foreign exchange and CFD trading, and FlexTrade, a global leader in broker-neutral, execution and order management trading systems, have built a strong partnership over the past three years.

Originally a technology partnership, the relationship has progressed and in 2020, FXCM Pro began onboarding clients using FlexTrade’s MaxxTrader, an end-to-end, dedicated and customisable solution covering all products including FX Spot, Swaps, NDFs, CFDs, and Commodities. The solution was rolled out across all major hosting centres with NY4, TY3 and SG1 following closely behind LD4.

MaxxTrader supplements FXCM’s existing liquidity and execution solutions, giving a significant edge in areas such as bank and non-bank liquidity customisation, connectivity between market makers and takers, reporting and measuring best execution.

The partnership has received an overwhelming response and positive feedback from customers who have now got an edge on their competitors.

Providing market-leading liquidity, pricing and execution

Through FXCM Pro’s partnership with FlexTrade, its clients have access to market-leading liquidity, pricing and execution solutions. This a gamechanger for mid-sized firms who benefit from significantly lower trading costs, tight spreads and better access to the market.

This partnership also offers advanced risk controls, operational efficiency and enables institutional FX clients in all global regions to benefit from reduced latency (single-digit milliseconds) and faster execution. It enhances FXCM Pro’s ability to offer one of the most competitive pricing models in the market.

FXCM Pro and FlexTrade’s collaboration demonstrates how advancements in technology, establishing strategic partnerships and understanding the needs of clients can help to overcome historical barriers, make a tangible difference to clients’ trading strategies and pave the way for a more diverse and vibrant global trading community.

Collaboration opportunities at IFX EXPO Cyprus

Collaboration and innovative partnerships will be high on the agenda at the IFX EXPO in Cyprus, which takes place 8-9 June in Limassol.

FXCM Pro is delighted to be attending the in-person event and look forward to meeting you all there. It will have an installation at booth 129 where the team can provide more information about FXCM Pro’s partnerships, innovations such as CFD Prime and the firm’s other best-in-class trading solutions.

To speak with an FXCM Pro executive, book a one-on-one meeting here.

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Disclaimers:

This communication is intended for institutional and professional clients only.

About FXCM: FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company’s mission is to provide global traders with access to the world’s largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.

Forex Capital Markets Limited: FCA registration number 217689 (www.fxcm.com/uk)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

66% of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXCM EU LTD: CySEC license number 392/20 (www.fxcm.com/eu)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

73% of retail investor accounts lose money when trading CFDs.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXCM Australia Pty. Limited: AFSL 309763. Losses can exceed your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved. If you decide to trade products offered by FXCM AU, you must read and understand the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business on www.fxcm.com/au.

FXCM South Africa (PTY) Ltd: FSP No 46534 (www.fxcm.com/za). Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.

FXCM Markets Limited: Losses can exceed deposited funds. (www.fxcm.com/markets).