Tradency's Revolutionary Business Move is a Tremendous Success, Nine New FOREX Brokers to Launch MIRROR TRADER This Month

Informations

• Publié par: tradency-inc
• Nombre de lectures: 23
• Langue: English

Extrait

Tradency's Revolutionary Business Move is a

Tremendous Success, Nine New FOREX

Brokers to Launch MIRROR TRADER This

Month

PR Newswire

NEW YORK, July 3, 2012

NEW YORK

,

July 3, 2012

/PRNewswire/ --

Tradency BVI, developer of the industry-leading foreign exchange trading

platform

Mirror Trader

, has announced the launch of the Mirror Trader

platform with nine new worldwide brokers: Youtradefx, USGCapital, FxPrimus,

FxOptimax, Aforex, United World Capital, DirectFx, GolderMarkets and

FiboGroup.

According to Oz Golan, Tradency's Director of Sales, since the launch of

Tradency's new business model, based on a fixed fee structure for brokers, the

company demonstrated record breaking growth in both business and volume.

Golan believes this change along with the platform's Trade-by-Knowledge

capabilities make the platform extremely attractive to both brokers and

traders.

Terry Thompson, President of FXPRIMUS: "By adding Mirror Trader to our

product offering, it has benefitted us in two ways. First, it has enabled

FXPRIMUS the ability to further enhance our clients experience by providing

them with the cutting edge technology and mirroring tools that has made

Mirror Trader an industry leader. Secondly, as a straight-thru-processing (STP)

broker, our revenue is derived strictly from client volume. Mirror Trader's new

fixed fee structure allows us to maintain our razor-thin spreads our clients have

come to expect, without affecting our bottom line. In other words, the cost

savings of not having a per trade fee, allows us to pass our savings on to our

clients, which ultimately, is what is most important to FXPRIMUS."

Golan adds: "We are very happy for each new broker adding Mirror Trader to

their professional offering. We are also very happy that the brave business

model change we undertook is turning out to be a great success. Existing client

are moving to the new model and our potential pipeline is growing rapidly. It's a

real win-win situation for brokers, answering to market grassroots demand for

advanced mirroring tool, and at the same time maximize volume and

revenues."

About Tradency

Tradency Inc. is the developer and originator of Mirror Trading technology,

which enables traders in foreign exchange to automatically evaluate and adopt

global strategies. Tradency's Mirror Trading Platform offers traders a flexible

choice of combining its groundbreaking approach with traditional online trading

methods. Since its inception in 2005, Tradency has pioneered this new method,

creating a new category of platform trading. Tradency continues to innovate its

services, reinforcing its reputation as the creator of cutting-edge industry

practice.

Contact:

Leehee Yaron Gerti

[phone]

[e-mail]