Forex & CFD broker AvaTrade has adopted the novel hedge funds algorithm solution, developed by technology company Tradency.
The new service enables AvaTrade’s clients to trade with professional strategies designated until this moment only to high net worth clients. Via the Mirror Trader platform, AvaTrade now offers access to algo-strategies of hedge funds from around the world.
AvaTrade’s VP Sales, Roy Aaron said:
“Our main goal has always been to provide our clients the best trading tools in order to help them succeed within the financial market. Therefore, the new Hedge Funds Algo service is a perfect fit to AvaTrade’s vision”.
Oz Golan, Tradency’s VP of Sales elaborates:
“AvaTrade is a long standing & valuable partner, we are very excited to expand our collaboration to include the market pioneering service of hedge funds algo-strategies. The new service is taking the Mirror Trader – expert trading concept to the next level, and we are sure AvaTrade’s traders will benefit greatly from it”.
Tradency’s hedge fund solution was adopted by FXDD Global in July this year, whereas in August, Japanese FXTF added the service to its lineup.
To view the official announcement, click here.