FIX API Trading Platform Family Trader(Yearly, Up to 50 Users with Balance Greater than 0)

“FIX API Family Trader” is almost the same as Fintechee’s “White Label”. The frontend has the same features as the institution version, which makes traders able to use Automated Forex Trading and Trading Simulation. The backend that connects with the liquidity providers via the FIX API Trading Platform has the same features as the institution version.

As the name implies, this product is developed for family use. So, a family or a group comprised of multiple traders can trade with the liquidity provider by sharing the FIX API connectivity. The FIX API connectivity is configurable. The administrator is allowed to change the settings to connect to liquidity providers’ FIX API accordingly. Changing the FIX API accounts will NOT charge extra fees.

The difference between “FIX API Family Trader” and “FIX API Trading Platform(Individual Version)” is that, FIX API Family Trader’s backend is installed on the server-side and FIX API Trading Platform(Individual Version) is installed on the client’s local PC.

The biggest advantages of this product include the flexibility and the low cost. The administrator can set the types of accounts to “A” and make orders that are sent from “A” accounts filled in the liquidity providers. This account type is equivalent to the A-Book of brokers. The administrator can set the types of accounts to “B” and make orders that are sent from “B” accounts “filled” on the FIX API Family Trader’s backend. This account type is equivalent to the B-Book or demo accounts of brokers. Additionally, the pricing becomes more flexible. Clients can purchase the corresponding plan to accommodate the appropriate number of users.