FXOpen has announced the expansion of its integration with TradingView. This update includes availability on mobile apps. Users can now trade through FXOpen using TradingView mobile applications, providing flexibility for traders.

FXOpen Now on TradingView Mobile

The integration combines advanced technology and a focus on customer service. FXOpen ensures instant trade execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term through multiple liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers, offering real-time prices. This enhancement allows more users to find a broker that matches their trading needs through the TradingView mobile app.

Traders can access all FXOpen features on mobile devices. To use this service, open the TradingView mobile app, connect to FXOpen on the Chart screen using broker account credentials, and start trading.

In December 2022, FXOpen established a partnership with TradingView, a charting and social network platform. This collaboration allowed FXOpen to offer TradingView as a fourth trading platform option alongside MetaTrader 4, MetaTrader 5, and TickTrader to its customers.

FXOpen disclosed to Finance Magnates that this integration enables its UK customers to utilize advanced charting tools, execute trades directly from TradingView charts, and engage with a large community of traders.

Gary Thomson, COO of FXOpen UK, emphasized that the partnership enhances customer access to TradingView's platform, known for its extensive user base of over 30 million monthly users who engage in charting, chatting, and trading activities.

Rauan Khassan, VP of International Growth at TradingView, highlighted the collaboration as a significant advancement in solidifying TradingView's role as a comprehensive live trading platform.

Operational Improvements Narrow Losses

The parent company of FXOpen, a UK-based forex and CFDs broker, released its fiscal year 2022 financial report, showing a turnover of £645,643 and a net loss of £338,651. The company saw a 5.5% increase in turnover, despite a slight decrease in gross profit to £436,452 due to higher sales costs.

Administrative costs decreased, leading to an operating loss of £341,426, an improvement from the previous year. Including foreign exchange gains, the company reported a total comprehensive loss of £297,934, down from £456,913 in the prior year.