FIX API has been a trending phrase amongst Forex professionals for the past decade. The technology has proven to be the fastest and one of the most secure ways to trade in FX.
A FIX API is an application programming interface (API) that uses FIX protocol. It connects FX Liquidity makers with takers. In our case, FX FIX API is a way to connect directly with a particular Liquidity Provider or aggregator.
Topics: Traders, Industry Trends, Forex Brokerage, Start Your Own Forex Brokerage, Brokerage, SYOB, FX Broker Startup, Forex B2B, MiFID2, Wholesale FX, FIX API, Retail Trader, Institutional Broker
Our marketing team gets countless emails from retail traders requesting demo versions of our FIX API.
Advanced Markets does not work directly with retail traders (the firm only deals with institutional clients), however, upon researching these requests further I came to the realization that this particular topic is not covered very well online.
Let’s say we have a retail trader, interested in trading via a FIX API, and who is looking for the broker that will be able to provide one.
Topics: FX Technology Provider, FX Liquidity Provider, FIX API
FIX (Financial Information Exchange) API (application programming interface) is a highly scalable electronic communication protocol to facilitate the real-time exchange of information related to financial markets. It has become the de facto standard method of pre-trade, trade and post-trade communication. Market participants including banks, hedge funds, prime brokers and “prime of primes” utilize FIX for their own trading needs or to connect directly to clients.
To give you an indication as to how popular FIX is: the FIX Trader Community has around 110 000 registered members and 275 corporate members (including Goldman Sachs, Barclays, Morgan Stanley and so on).
Topics: Platforms & Technology, Thought Leadership, Start Your Own Forex Brokerage, SYOB, FX Broker Startup, Forex B2B, FX Technology Provider, FX Liquidity Provider, FIX API, Institutional Trader, Institutional Broker
Notice Advanced Markets LTD holds Australian Financial Services License (AFSL) 444649 and only provides services to clients who meet the definition of ‘wholesale’ client under the Corporations Act 2001. The Australian Securities and Investments Commission will not extend investor protections to clients receiving financial services outside of Australia. Please be aware that off-exchange foreign currency transactions carry a high degree of risk and are not suitable for many investors.
*Note: Advanced Markets does not accept any Non-ECP U.S. Accounts