MONEX Group’s US subsidiary TradeStation Forex has announced the launch of TradeStation Ifx, a new FX brokerage service on the TradeStation platform designed to meet the specialized needs of professional and high-net-worth foreign exchange traders and investors.
This follows MONEX Group’s concentration on the TradeStation platform and its potential diversity within the Western markets for both its TradeStation and IBFX subsidiaries following the company’s offloading of all US and Australian IBFX clients using MetaTrader 4 as their platform of choice to FXCM last month.
TradeStation Ifx will enable professional clients to trade forex using TradeStation’s award-winning platform while providing access to institutional levels of market liquidity. TradeStation Ifx combines the TradeStation platform’s advanced analysis capabilities – such as dynamic market scanning and chart pattern-recognition tools – with deep and wide-ranging sources of both bank and non-bank liquidity.
TradeStation Ifx complements the company’s retail forex offering, which enables clients to trade commission-free with tight spreads and fractional pips, and its Active Trader Program, which offers the most serious retail forex traders some of the most competitive pricing in the industry, with spreads as low as 1 pip and no commissions or platform fees. As a combination, TradeStation’s three FX offerings – retail, Active Trader and TradeStation Ifx – are designed to provide a complete trading solution for individual and institutional clients at every level.
“We believe TradeStation Ifx offers professional and high-net-worth currency traders an unparalleled combination of advanced trading technology, and access to broad, deep liquidity,” said Gary Weiss, President of TradeStation Forex. “This new offering is the latest addition to the growing institutional services business of TradeStation Group, which currently offers customized quantitative trading solutions and brokerage services across multiple asset classes.”
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