T4B launches MT4/MT5 execution analysis tool for FX brokers
MetaTrader tech solutions provider Tools for Brokers (T4B) has announced a new product aimed at FX brokers — Execution Report Application for MetaTrader 4, MetaTrader5, and FIX API platforms.
T4B stated that this powerful system will collect data from its Trade Processor, and automatically generate the report in XLSX format.
The report will show valuable data on every transaction, such as LP execution in milliseconds and trading platform execution time in milliseconds. Additionally, brokers can now see slippage in pips, showing the difference between the request and execution prices.
With the analytics provided by T4B’s Execution Report Application solution, the company said that brokers can easily compare their liquidity providers’ execution. It enhances their services, enabling them to minimize the slippage and provide clients with the fastest possible execution.