Inking its first broker partnership, Magick, a cloud based automatic trading will begin to be offered as a service to Atom8 MetaTrader 4 account holders to speed up development and deployment of their algo trading.
Launched earlier this year as a SaaS offering to individual traders, Magick, a cloud-based strategy builder and deployment technology firm, has finalized its first broker collaboration with UK-based Atom8. Following the partnership, Magick’s services are being made available to Atom8 MetaTrader 4 account holders with traders who meet a minimum volume threshold and are provided the automated trading product for free.
According to David Andrews, Partner at Atom8, who spoke to Forex Magnates about the news, currently around 40% of the broker’s customers are estimated to be using Expert Advisors (EAs), but their trading composes 80% of overall volumes. As such, the Magick offering is viewed by Atom8 as being complementary to meeting the needs of their client base.
In regards to why they chose to work with Magick versus other systems, Andrews explained saying, “I have been an automated trader for years and Atom8 had initially looked into coding EAs for frequent trading clients. However, that is a time-consuming and expensive proposition. With Magick, traders can build a strategy in under 10 minutes and test it immediately. The speed to Execution is unparalleled for automation.” Andrews added, “What is also great is that Magick listen to their customers' needs/ requests and communicate and answer questions promptly.”
Also speaking to Forex Magnates about the deal, Mikael Breinholst, CEO and Co-founder at Magick, explained that the partnership occurred after “Atom8 performed extensive tests of Magick and our connection to their trade servers and the tests confirmed that we have a very low latency connection to their trade servers.” As a result, although Magick’s services can connect to MetaTrader 4 terminals at any broker, they expect optimal low-latency results for Atom8 customers who connect their account.
In relation to why they partnered with Atom8 as their inauguaral broker, Breinholst answered, “Out of the numerous brokers we are working with we chose Atom8 as the first broker to officially partner with. Similar to Magick, Atom8 is bringing high-quality, institutional grade technology to the retail market and they share our passion for customer engagement and world class customer support.”
Launched earlier this year as a SaaS offering to individual traders, Magick, a cloud-based strategy builder and deployment technology firm, has finalized its first broker collaboration with UK-based Atom8. Following the partnership, Magick’s services are being made available to Atom8 MetaTrader 4 account holders with traders who meet a minimum volume threshold and are provided the automated trading product for free.
According to David Andrews, Partner at Atom8, who spoke to Forex Magnates about the news, currently around 40% of the broker’s customers are estimated to be using Expert Advisors (EAs), but their trading composes 80% of overall volumes. As such, the Magick offering is viewed by Atom8 as being complementary to meeting the needs of their client base.
In regards to why they chose to work with Magick versus other systems, Andrews explained saying, “I have been an automated trader for years and Atom8 had initially looked into coding EAs for frequent trading clients. However, that is a time-consuming and expensive proposition. With Magick, traders can build a strategy in under 10 minutes and test it immediately. The speed to Execution is unparalleled for automation.” Andrews added, “What is also great is that Magick listen to their customers' needs/ requests and communicate and answer questions promptly.”
Also speaking to Forex Magnates about the deal, Mikael Breinholst, CEO and Co-founder at Magick, explained that the partnership occurred after “Atom8 performed extensive tests of Magick and our connection to their trade servers and the tests confirmed that we have a very low latency connection to their trade servers.” As a result, although Magick’s services can connect to MetaTrader 4 terminals at any broker, they expect optimal low-latency results for Atom8 customers who connect their account.
In relation to why they partnered with Atom8 as their inauguaral broker, Breinholst answered, “Out of the numerous brokers we are working with we chose Atom8 as the first broker to officially partner with. Similar to Magick, Atom8 is bringing high-quality, institutional grade technology to the retail market and they share our passion for customer engagement and world class customer support.”
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!