FXCM just released its pricing for coding your EAs and indicators which is pretty cool as they should have enough know-how to do it quickly and efficiently.
If you remember more than a year ago I published that FXCM had a similar plan when they were offering to help you develop your strategies and also potentially introduce you to capital, I guess that plan didn't work well enough as now they are offering this program. The price is pretty cheap if you think of it and I know a few traders who'd like someone to code their strategies but didn't know how to do that themselves.
Of course there is the other side of this: people might be reluctant to share their 'secret' strategies with others, especially with brokers. For FXCM this can be a win-win though - sell additional service and potentially know how good a given strategy is and then know how to deal with it...
New York, July 14, 2010—FXCM Holdings LLC, (www.fxcm.com), a global leader in online forex and CFD trading,* is now offering Programming Services at fixed prices.
- Simple MT4 indicator coding is $300.
- Advanced MT4 strategy and indicator coding is $600.
Programming Services, which FXCM introduced last year, is a unique, in-house resource that builds automated trading strategies and technical indicators to client specifications. If a client can describe what they want their strategy or indicator to do, FXCM Programming Services can code it. And now, with this new pricing adjustment, it’s more convenient than ever for clients to implement their own customized trading strategies and indicators.
Leveraging over a decade of forex market experience and expertise, FXCM Programming Services codes custom strategies and indicators for clients in multiple programming languages, across several trading platforms and signal packages, including MetaTrader 4,† Strategy Runner, Ninja Trader, MCFX, and FXTrek. Moreover, with the upcoming release of FXCM Strategy Trader, FXCM’s first proprietary automated Trading Platform , Programming Services will program all automated systems for Strategy Trader at no extra charge.
At its core, FXCM Programming Service was developed to not only enhance automated trading throughout the retail trading industry, but to also eliminate the frequently contentious distance between programmers and brokers.
“Often, when traders have an issue with their automated strategy, they are stuck between their programmers, who blame broker execution, and their brokers, who blame the programmers’ code,” says Luke Quinn, FXCM Programming Specialist. “With the advent of FXCM Programming Services, clients can now use programmers that know execution. We ensure our work is able to execute to the strategy specified by the client.”
FXCM Programming Services also offers high-quality technical support and strategy consulting. Available for free half-hour consultations and capable of back testing any customized strategies and signals, FXCM programming experts are committed to delivering to clients an optimum automated trading experience.
To begin benefitting from FXCM Programming Services at our new fixed prices, fill out this simple request form.
FXCM Holdings LLC Facts
Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities.
At the heart of FXCM’s client offering is No Dealing Desk** forex trading. Clients have Direct Market Access to some of the world's largest forex Liquidity providers, enabling FXCM to offer clients spreads as low as 1 pip on major crosses. Clients also have the benefits of mobile trading, one-click order execution, and trading from real-time charts. FXCM’s CFD product offers no re-quote trading and allows traders to trade oil, gold, silver, and stock indices, along with forex on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading, and provides free news and research through DailyFX.com.
* Please be advised that CFD accounts are not available to residents of the U.S. or its territories. Additionally, FXCM LTD offers spread betting exclusively to UK residents. Residents of other countries are NOT eligible.
†MetaTrader 4 accounts are available through FXCM LTD.
**Please note, FXCM Micro, in its discretion, may or may not offset individual transactions unlike transactions in most FXCM standard accounts. For additional information, click here.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before you decide to trade the foreign exchange products offered by Forex Capital Markets LLC, Forex Capital Markets Limited, inclusive of all EU branches, FXCM Asia Limited, or FXCM Australia Limited, any affiliates of aforementioned firms, or other firms under the FXCM group of companies (collectively “FXCM Group”) you should carefully consider your objectives, financial situation, needs and level of experience. If you decide to trade foreign exchange products offered by FXCM Australia Limited you must read and understand the Financial Services Guide and the Product Disclosure Statement. FXCM Group may provide general market information and commentary which is not intended to be investment advice and the content of this email must not be construed as personal advice. By trading, you could sustain a total loss of your deposited funds and, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading in foreign exchange products. Foreign exchange products are only suitable for those customers who fully understand the market risk. FXCM recommends you seek advice from a separate financial advisor.
